RXi Acquires Opko RNAi Assets, Inks Deals to Sell $16.4M in Stock | GenomeWeb

RXi Pharmaceuticals said this week that it has agreed to acquire all of Opko Health’s RNAi-related assets in exchange for 50 million shares of its common stock, which is worth about $7 million based on RXi’s current stock price.

In addition, RXi will pay Opko up to $50 million in milestones related to the development of products that incorporate the acquired technology, plus royalties on future product sales.

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