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Stock Market & Financial Investment News

News Breaks
February 4, 2013
06:08 EDTMDCO, ALNYThe Medicines Co., Alnylam form strategic alliance to develop RNAi Therapeutics
The Medicines Company (MDCO) and Alnylam (ALNY) announced that they have formed an exclusive global alliance for the development and commercialization of Alnylam's ALN-PCS RNAi therapeutic program for the treatment of hypercholesterolemia. Under this alliance, The Medicines Company and Alnylam intend to collaborate on the advancement of the ALN-PCS program. Alnylam will continue the program for an estimated one to two years to complete certain pre-clinical and Phase I clinical studies. The Medicines Company is responsible for leading and funding development from Phase II forward and commercializing the ALN-PCS program if successful. Under the terms of the agreement, The Medicines Company will make an upfront cash payment of $25M to Alnylam. Alnylam may also receive potential development and commercial milestone payments of up to $180M. Alnylam will be eligible to receive scaled double-digit royalties on global products sales of ALN-PCS products.
News For MDCO;ALNY From The Last 14 Days
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May 17, 2013
08:04 EDTALNYAlnylam announces proof-of-concept data from RNAi program
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May 16, 2013
07:29 EDTALNYLeerink to host a bus tour
Boston Biopharma Bus Tour travels throughout Boston on May 16-17.
May 14, 2013
08:43 EDTALNYAlnylam has multiple upcoming positive catalysts, says JMP Securities
JMP Securities believes that Alnylam will have multiple positive data catalysts over the next two months. The firm thinks that upcoming data and presentations will enhance the company's positioning and perception of its pipeline, and it keeps an Outperform rating on the shares.
May 6, 2013
16:04 EDTALNYAlnylam sees ending 2013 with over $320M in cash, equivalents
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16:03 EDTALNYAlnylam reports Q1 EPS (15c), consensus (29c)
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07:34 EDTMDCOConference Forum to host a summit
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