Welcome to our dedicated page for Alnylam Pharmaceuticals news (Ticker: ALNY), a resource for investors and traders seeking the latest updates and insights on Alnylam Pharmaceuticals stock.
Alnylam Pharmaceuticals Inc (ALNY) is a leader in RNA interference (RNAi) therapeutics, pioneering gene-silencing treatments for complex diseases. This dedicated news hub provides investors and industry professionals with timely updates on the company’s scientific advancements and business developments.
Access verified press releases, clinical trial updates, and regulatory milestones related to ALNY’s RNAi-based therapies. Our curated collection includes announcements about drug approvals, research collaborations, financial results, and therapeutic pipeline progress across rare genetic disorders, hepatic diseases, and cardio-metabolic conditions.
Bookmark this page for streamlined access to Alnylam’s latest achievements in transforming modern medicine through targeted genetic solutions. Regular updates ensure you stay informed about critical developments impacting the company’s position in the biopharmaceutical landscape.
Alnylam Pharmaceuticals (Nasdaq: ALNY) has initiated a private offering of $900 million in convertible senior notes due 2027, with an option for initial purchasers to acquire an additional $135 million. The notes, which are senior and unsecured, will mature on September 15, 2027, and interest will be paid semi-annually. Alnylam plans to use around $762 million of the proceeds to repay existing borrowings and for general corporate purposes. The offering is under Rule 144A and is contingent upon market conditions.
Alnylam Pharmaceuticals announced positive results from the APOLLO-B Phase 3 study of patisiran, an investigational RNAi therapeutic for treating ATTR amyloidosis with cardiomyopathy. The study met its primary endpoint, showing a significant improvement in functional capacity (14.7 meters in 6-MWT) and health status (3.7 points in KCCQ-OS) compared to placebo after 12 months. Safety profiles were encouraging, with no major cardiac concerns. A supplemental new drug application is planned, indicating a potential market opportunity for patisiran if approved.
Alnylam Pharmaceuticals (NASDAQ: ALNY) will present a company overview at the Morgan Stanley 20th Annual Global Healthcare Conference on September 13, 2022, at 11:10 am ET. The event will take place at the Sheraton New York Hotel. Investors can access a live audio webcast on the company’s website, with a replay available within 48 hours post-event. Alnylam is known for pioneering RNA interference (RNAi) therapeutics, addressing rare diseases with innovative products like ONPATTRO and GIVLAARI.
Alnylam Pharmaceuticals announced positive results from a Phase 2 study of cemdisiran for treating immunoglobulin A nephropathy (IgAN). The study demonstrated a 37% reduction in the 24-hour urine protein to creatinine ratio compared to placebo. Notably, 32% of patients on cemdisiran achieved a significant reduction in protein levels, compared to 13% on placebo. The treatment was well tolerated, with common side effects being injection site reactions. Alnylam aims to advance cemdisiran to Phase 3 development, addressing the significant unmet needs in IgAN treatment.
Alnylam Pharmaceuticals has appointed Dr. Elliott Sigal to its Board of Directors, enhancing its leadership at a pivotal moment. With decades of experience, including his role as Chief Scientific Officer at Bristol-Myers Squibb, Dr. Sigal contributed to the launch of 14 new medicines across various therapeutic areas. His expertise is expected to strengthen Alnylam's ongoing efforts in advancing RNAi therapeutics aimed at rare diseases. The company continues its pursuit of transforming healthcare through innovative treatments, guided by its 'Alnylam P5x25' strategy.
Alnylam Pharmaceuticals has announced the presentation of data from the APOLLO-B Phase 3 study of patisiran at the 18th International Symposium on Amyloidosis on
Alnylam Pharmaceuticals announced that the APOLLO-B Phase 3 study of patisiran met its primary endpoint, showing a statistically significant improvement in the 6-Minute Walk Test compared to placebo at 12 months (p-value 0.0162). The study also achieved its first secondary endpoint, indicating improved quality of life via the Kansas City Cardiomyopathy Questionnaire (p-value 0.0397). The company plans to file a Supplemental New Drug Application in the U.S. in late 2022. Patisiran demonstrated a favorable safety profile, with fewer deaths in the treatment arm.
Alnylam Pharmaceuticals reported Q2 2022 net product revenues of $214 million, a 33% increase year-over-year, driven by strong performance from ONPATTRO and GIVLAARI. The company received FDA approval for AMVUTTRA, marking its fifth RNAi therapeutic. Alnylam expects topline results from the APOLLO-B Phase 3 trial of patisiran within three weeks and reiterated its 2022 financial guidance of combined net product revenues between $870 million and $930 million.
Alnylam Pharmaceuticals has published research in Nature Communications indicating that individuals with mutations in the INHBE gene exhibit reduced abdominal fat, a favorable metabolic profile, and lower risks for cardiovascular disease and type 2 diabetes. The study, which analyzed data from over 360,000 people, suggests that targeting INHBE may provide new therapeutic options for cardiometabolic diseases. Alnylam aims to develop a candidate targeting INHBE using its IKARIA™ platform.
This breakthrough highlights the potential to address obesity and its associated health risks effectively.