Investor sentiment, not to mention cash, has been draining out of the
biotech sector since the spring of this year, leading to unimpressive
performance for leading RNAi companies Alnylam Pharmaceuticals (NASDAQ:ALNY) and Isis Pharmaceuticals (NASDAQ:ISIS). I won't try to argue that valuations didn't get overheated when news broke that Alnylam and Sanofi (NYSE:SNY)
agreed to a large-scale partnership, but the correction since then has
gone too far. Interest (and potential competition) in RNAi is picking up
again, but I believe Alnylam has more than enough in its own pipeline
to remain an attractive story for some time to come.
Follow this link to the full article:
Alnylam Pharmaceuticals Has Plenty On Its Plate
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