Back to top

Analyst Blog

Recently, Alnylam Pharmaceuticals Inc. (ALNY - Analyst Report) announced the commencement of an early-stage stage study (n~32) of its RNAi (RNA (Ribo Nucleic Acid) interference) therapeutic program ALN-PCS for treating patients suffering from hypercholesterolemia.

Hypercholesterolemia indicates a situation where the cholesterol levels in the blood are higher than normal.

The randomized, single-blind, placebo-controlled, single-ascending dose study intends to evaluate the safety and tolerability of the candidate in patients suffering from high low-density lipoprotein cholesterol (LDLc or “bad” cholesterol). Moreover, the clinical activity of ALN-PCS is also expected to be assessed through the study on the basis of measurements of plasma PCSK9 protein and serum LDLc. Results from the study, which is being conducted in the UK, are expected by year end.

ALN-PCS is a part of Alnylam’s core product strategy - 5x15 introduced in January 2011. Alnylam 5x15 aims to develop RNAi therapeutic products for the treatment of genetically defined diseases addressing major unmet medical needs. Alnylam aims to move five RNAi therapeutic products into advanced clinical development by 2015. Management stated that ALN-PCS is the fourth RNAi therapeutic to move into human studies at Alnylam. The other important pipeline candidates include second generation ALN-TTR (hepatitis C) and ALN-HPN (refractory anemia).

Furthermore, the company is developing ALN-RSV01 for the treatment of respiratory syncytial virus (RSV) infection; ALN-VSP for the treatment of liver cancers; and ALN-HTT for the treatment of Huntington's disease (HD), through existing or future partnerships. We believe the second half of this year and 2012 will be an important period for the company due to significant clinical catalysts.

We note that Alnylam has alliances with major players such as Merck, Inc. (MRK - Analyst Report), Roche (RHHBY - Analyst Report), Biogen Idec (BIIB - Analyst Report), Medtronic (MDT - Analyst Report), Takeda, Kyowa Hakko Kirin and Cubist Pharmaceuticals (CBST - Analyst Report). The alliances further validate the potential and viability of the RNAi approach.

Currently, we have a Neutral stance on Alnylam.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
FELCOR LODG… FCH 10.47 +3.46%
OLD DOMINIO… ODFL 63.48 +1.18%
VASCO DATA… VDSI 13.57 +0.67%
AMEDISYS IN… AMED 20.18 +0.10%
LENOVO GROU… LNVGY 27.07 +0.04%