Alnylam's gene-silencing efforts get $2 billion Blackstone backing [Reuters (UK)]
Alnylam Pharmaceuticals, Inc. (ALNY)
Last alnylam pharmaceuticals, inc. earnings: 2/6 08:00 am
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Source: Reuters
Blackstone invests $2 billion in Alnylam, boosting gene-silencing drug development - Reuters 2 Min Read (Reuters) - Blackstone Group Inc ( BX.N ) said on Monday it invested $2 billion in Alnylam Pharmaceuticals Inc ( ALNY.O ) through an equity-and-debt deal, giving the drugmaker a financial boost to develop its gene-silencing therapies. Alnylam, whose shares were nearly 7% higher in premarket trading, specializes in the development of medicines using the Nobel prize-winning RNA interference (RNAi) technology and earlier this month agreed to develop treatments for the new coronavirus with Vir Biotechnology Inc ( VIR.O ). Blackstone said on Monday it purchased 50% of the royalties on global sales of Alnylam's cholesterol therapy inclisiran, currently under review by the U.S. Food and Drug Administration. ( reut.rs/3ckcTyF ) Inclisiran, belonging to a class of drugs that inhibit a protein known as PCSK9, was co-developed with The Medicines Co, which was bought by Novartis AG ( NOV
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ALNY
Earnings
- 10/30/25 - Beat
ALNY
Sec Filings
- 12/3/25 - Form 8-K
- 12/1/25 - Form 4
- 11/19/25 - Form 4
- ALNY's page on the SEC website