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Stock impact report

Tenaya Therapeutics inks $1.13 billion deal with Alnylam for heart-disease treatments [Yahoo! Finance]

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: Yahoo! Finance
Shares of Tenaya were up more than 11% in premarket trading. Here are some details: * Tenaya said it ?will work ?on heart disease–focusedtreatments that target up to 15 genetic causes ?during a two-yearresearch period. * Alnylam will handle all further drug development and ?takefull responsibility ?for commercialization of ?any medicines thatcome ?out of the collaboration, Tenaya said. * The company said it could receive up to $10 million inupfront payments and additional research funding from Alnylam.It may also ?be eligible for ?up to $1.13 billion in ?milestonepayments if ?the drugs are successfully developed ?and approved. * Alnylam's major ?growth driver ?is Amvuttra, which treats aheart condition known as transthyretin amyloid cardiomyopathy(ATTR-CM). ?Amvuttra recorded ?sales of $2.31 billion in 2025. (Reporting ?by Padmanabhan Ananthan in Bengaluru; Editing ?by Devika Syamnath) Show less Read more
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