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Eli Lilly inks a licensing deal for RNAi drugs (LLY:NYSE)

Lilly Biotechnology Center in San Diego, California, USA.

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Eli Lilly (LLY) has reached a research and licensing agreement worth up to $1.2B with SanegeneBio to develop and commercialize RNAi therapeutics for metabolic diseases, the Boston, Massachusetts-based biotech announced on Saturday.

As part of its deal, Lilly (LLY

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