GSK Plc is to develop oligonucleotide therapeutics under a new collaboration with the genetic medicines company Wave Life Sciences Ltd. The agreement, which includes an upfront payment of $170 million in cash and equity as well as future milestone payments, involves the discovery and development of medicines based on genetic targets.
The oligonucleotide medicines are short DNA or RNA molecules that can modulate RNA through several mechanisms. The primary function of RNA is to create proteins via translation. The Wave technology is capable of editing, splicing and silencing RNA.