Wednesday, May 9, 2018

Despite Recurrent Market Jitters, Alnylam Is Closing In On Multiple Drug Approvals

Holding shares in Alnylam Pharmaceuticals (ALNY) isn’t for the weak-hearted, as seen recently in reaction to a competitor’s unexpectedly strong clinical data. While Alnylam has long been volatile, and remains risky given the nature of the diseases it targets and its reliance on biomarker data, it is also close to its first drug approval and what may well prove to be a multiyear run of drug approvals that will quickly make the company a player in rare diseases.

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Despite Recurrent Market Jitters, Alnylam Is Closing In On Multiple Drug Approvals

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