Alnylam taps RNAi candidate for hemophilia; California Biocom CEO has China on his mind;

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> Alnylam Pharmaceuticals ($ALNY) said it has tapped ALN-APC, an RNAi drug for hemophilia, for its program to move its gene-silencing drugs in the clinical development. Release

> Massachusetts has pulled a $750,000 loan--part of its $1 billion life sciences R&D fund--from ECI Biotech because of differences over how the money could be used and changes in the infection-detection company's financial condition. Report

> Given the scant financials of biotech startups makes quantitative analysis difficult for investors; look at qualitative drivers of biotech value--product pipeline, patents, talented management, durable partnerships and access to funds. Item

> "China is big on my mind these days," says Joe Panetta CEO of the southern California Biocom life sciences industry association. "My goal is to build a working relationship between Southern California and China's pharma and device companies." Interview

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