Santaris, BMS Partner To Develop Therapeutics Targeting miRNA

In the latest of a handful of big pharma RNA partnerships, Bristol-Myers and Santaris have entered into a broad discovery and development deal. For the biotech, it brings a new partner into the string of deals that continue to be its main source of capital.

In the third RNA partnership within a month, private Danish company Roche Innovation Center Copenhagen AS, which has relied heavily on deals to support it, has received a cash infusion. And the biotech expects it’s on track to deliver a few more partnership deals.

The deal disclosed on April 16 with Bristol-Myers Squibb Co. is to discover and develop candidates using the biotech’s Locked Nucleic Acid (LNA) platform. Santaris will receive $10 million...

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