Reports Q2 revenue $318.75M , consensus $331.73M .”The second quarter of 2023 was a very productive one at Alnylam, with commercial execution delivering 43% year-over-year growth in net product revenues, supported by the strong ongoing launch of AMVUTTRA,” said Yvonne Greenstreet, MBChB, Chief Executive Officer of Alnylam. “We also had some very important data readouts in the quarter and recent period, including updated interim results from the Phase 1 trial of ALN-APP in patients with early onset Alzheimer’s disease, as well as positive 18-month results from the APOLLO-B Phase 3 study of patisiran, that we believe reaffirm the potential of patisiran in ATTR amyloidosis with cardiomyopathy. Furthermore, we entered into an exciting new partnership with Roche for the development and commercialization of zilebesiran. This progress underscores our commitment to executing across all areas of the business in order to meet our Alnylam P5x25 goals of becoming a top-tier biotech company delivering sustained innovation and exceptional financial results.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ALNY:
- Oppenheimer biotechnology analyst to hold an analyst/industry conference call
- ALNY Upcoming Earnings Report: What to Expect?
- Alnylam price target lowered to $233 from $247 at Bernstein
- Alnylam price target lowered to $405 from $415 at H.C. Wainwright
- Alnylam enters pact with Roche to develop, commercialize zilebesiran
Questions or Comments about the article? Write to editor@tipranks.com