Marina Buys Novosom Delivery Technology for $5M in Stock | GenomeWeb

Marina Biotech, formerly MDRNA, said this week that it has acquired certain drug-delivery intellectual property from Novosom for roughly $5 million in stock.

Specifically, Marina has picked up the rights to Novosom's Smarticle technology, a liposome-based delivery vehicle applicable for both systemic and local siRNA administration, the company said. It is covered by 42 issued or allowed patents and 31 pending patent applications worldwide.

Additional terms of the transaction were not disclosed.

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