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From the Boston Globe Business Team

Alnylam and Merck end partnership

September 19, 2007 08:34 AM Email| Comments (0)| Text size +

Alnylam Pharmaceuticals Inc., which develops therapeutics based on RNA interference, said today that it has terminated its collaboration agreement with Merck & Co.

Alnylam has rescinded all grants of its intellectual property related to Merck development programs, including former co-developmental projects.

"It is fundamentally in our best interests to terminate our Merck collaboration," Alnylam President and Chief Executive John Maraganore said in a statement. He did not elaborate as to the reasons why. (AP)

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