Vancouver, British Columbia , Canada
October 2, 2104

Tekmira Pharmaceuticals Corporation (Nasdaq:TKMR) (TSX:TKM), a leading developer of RNA interference (RNAi) therapeutics, announced today that it has achieved a development milestone supporting a $1.5 million payment from Monsanto, following completion of specified program objectives. This work is part of the research program under the Option Agreement Tekmira signed with the agriculture company, which the Company announced on January 13, 2014. The Option Agreement relates to Tekmira's proprietary delivery technology and intellectual property for use in agricultural applications. The potential value of the transaction could reach up to $86.2 million, following the successful completion of all program milestones.

Website: http://www.tekmirapharm.com/Home.asp

Published: October 4, 2014