Alnylam & Medison Partner To Market RNAi Products In Israel
Zacks Investment Research | Jan 22, 2019 07:58AM ET
Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) entered into an exclusive agreement with Israel’s leading pharmaceuticals partner, Medison Pharma to commercialize its newly approved RNAi therapeutic Onpattro in Israel.
Alnylam makes use of a potentially radical RNAi technology. This technology is a naturally occurring biological pathway within cells for selectively silencing and regulating the expression of specific genes. Since many diseases are caused by the inappropriate activity of specific genes, the ability to make the genes silent selectively through RNAi holds the potential to change the way diseases are treated.
Share price of Alnylam has declined 36.6% in the past year compared with the Zacks Investment Research
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