Alnylam Stock Jumps on Positive Phase II ATTR Drug Data | GenomeWeb

NEW YORK (GenomeWeb) – Alnylam Pharmaceuticals this week released data from an ongoing Phase II open-label extension study of its TTR-mediated amyloidosis therapy patisiran, which showed that the drug treatment was associated with a stabilization of neurological impairment progression in patients with a form of the disease called familial amyloidotic polyneuropathy (FAP) after six months.

Investors responded positively to the news, sending shares of Alnylam up more than 20 percent in mid-Monday trading on the Nasdaq to $89.07.

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