Alnylam Q1 Losses Up on Higher Expenses, Lower Revenues | GenomeWeb

NEW YORK (GenomeWeb) – Alnylam Pharmaceuticals last week released its first-quarter financial results, posting a jump in its net loss amid lower revenues and higher expenses.

The company loss for the three-month period ended March 31 rose to $26.3 million or $0.39 a share, from $9 million, or $0.15 a share, in the year-ago quarter. This year's first quarter loss does not include a $224.7 million charge related to an in-process R&D expense tied to Alnylam's January acquisition of Merck's RNAi assets.

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