Blackstone invests $2 bln in Alnylam Pharma [Reuters]
Blackstone Inc. (BX)
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Source: Reuters
Blackstone invests $2 bln in Alnylam Pharma April 13 (Reuters) - Blackstone Group Inc said on Monday it invested $2 billion in Alnylam Pharmaceuticals Inc through an equity-and-debt deal, giving the drugmaker a financial boost to develop its experimental therapies. Under the deal, Blackstone 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 )
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