Regeneron to invest $800 million in Alnylam, betting on drug-making technique enabled by a Nobel-winning discovery
Regeneron to invest $800 million in Alnylam, betting on drug-making technique enabled by a Nobel-prize-winning discovery.
by Matthew Herper
Apr 08, 2019
2 minutes
Regeneron Pharmaceuticals said Monday it will pay $800 million to Alnylam, a biotechnology firm in Cambridge, Mass., to leverage its gene-silencing technique for the development of new therapies and to become its exclusive partner for new drugs focused on the central nervous system or the eye.
“It’s about the future, and it’s about synergies,” George Yancopoulos, Regeneron’s chief scientific officer and co-founder, said in an interview. “We’re not going to
You’re reading a preview, subscribe to read more.
Start your free 30 days