McNicoll Lewis & Vlak Starts Alnylam Pharmaceuticals (ALNY) at Buy; Investing in the Next Leap of Human Therapeutics with RNA Interference (RNAi)

May 6, 2011 9:38 AM EDT
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Price: $228.65 +0.67%

Rating Summary:
    29 Buy, 12 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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McNicoll Lewis & Vlak initiates coverage on Alnylam Pharmaceuticals (NASDAQ: ALNY) with a Buy. PT $15.

MLV analyst says, "We would invest in ALNY for its focused pipeline and RNAi targeting large markets with the availability for early biomarkers of efficacy. Under the core product strategy, known as 5x15, ALNY intends to advance five RNAi therapeutic candidates by 2015. ALNY is currently advancing three core programs: ALN-TTR, the most advanced in clinical development, for the treatment of transthyretin-mediated amyloidosis, or ATTR; ALN-PCS for the treatment of severe hypercholesterolemia; and ALN-HPN for the treatment of refractory anemia."

For more ratings news on Alnylam Pharmaceuticals click here and for the rating history of Alnylam Pharmaceuticals click here.

Shares of Alnylam Pharmaceuticals closed at $9.56 yesterday.


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