Santaris Bets on New Subsidiary to Bolster US Presence; Posts Higher Losses in '08 | GenomeWeb

Danish RNA drugs developer Santaris Pharma has begun setting up a San Diego, Calif.-based subsidiary in an effort to strengthen its position in the US, a company spokeswoman confirmed this week.

Although specific details about the unit were not available by press time, the spokeswoman said that it would be led by Chief Development Officer Arthur Levin, who was formerly senior vice president of drug development at antisense shop Isis Pharmaceuticals.

She added that Santaris expects to formally announce the subsidiary in the coming months.

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