For Sirna, Talks on Drug-Development Deal Turn Into $1.1B Bet by Merck | GenomeWeb
Merck this week said it plans to acquire Sirna Therapeutics for $1.1 billion in cash, making it the boldest bet big pharma has made on RNAi to date.
According to Bharat Chowrira, vice president of legal affairs and patent counsel for Sirna, the acquisition grew out of discussions the company had been having with Merck over a possible drug-development collaboration.

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