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Stock impact report

Alnylam's Blackstone Funding, And Other News: The Good, Bad And Ugly Of Biopharma [Seeking Alpha]

Alnylam Pharmaceuticals, Inc. (ALNY) 
Last alnylam pharmaceuticals, inc. earnings: 2/6 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.alnylam.com/investor-overview
Company Research Source: Seeking Alpha
SummaryAlnylam received $2bn funding from Blackstone.NextCure postpones trial launch due to coronavirus.Fennec Pharmaceuticals' NDA is accepted by the FDA.Alnylam Pharmaceuticals Receives $2 Billion Funding from BlackstoneAlnylam Pharmaceuticals (ALNYBXacquireBlackstone Life Sciences was launched by the private equity firm in 2018. The unit already has made notable investments in various pharma companies including Novartis (NYSE:NVSA central component of this strategic relationship is a partial monetization of our royalty for inclisiran. If approved, we believe this therapy holds enormous promise as a potential game-changer in hypercholesterolemia management."The company will retain half of the inclisiran royalties received from Novartis.The collaboration is led by Blackstone Life Sciences and Blackstone's credit platform GSO Capital Partners. The investment is expected to provide support for the development and commercialization of new treatments. The deal involves $1 billion in comm Show less Read more
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