Alnylam Pharmaceuticals Inc banner

Alnylam Pharmaceuticals Inc
XMUN:DUL

Watchlist Manager
Alnylam Pharmaceuticals Inc Logo
Alnylam Pharmaceuticals Inc
XMUN:DUL
Watchlist
Price: 252.65 EUR -2.07%
Market Cap: €19.5B

Alnylam Pharmaceuticals Inc
Investor Relations

Alnylam Pharmaceuticals develops medicines based on RNA interference, or RNAi, a way to silence disease-causing genes. It does not make broad consumer products; it focuses on prescription drugs for serious genetic and rare diseases, along with some more common conditions where turning off a specific gene can help. Its main work is discovering, testing, and selling these therapies to physicians and patients through normal pharmaceutical channels. The company makes money by selling approved drugs and, in some cases, from collaboration deals tied to research, development, or product commercialization. Its customers are doctors, hospitals, specialty pharmacies, and health systems that prescribe its medicines, with insurers and government payers also playing a major role because these drugs are usually expensive specialty treatments. Alnylam’s role in the industry is to turn a new genetic science into targeted medicines that can address diseases where older drugs often treat symptoms rather than the root cause. What makes Alnylam different is its focus on RNAi as a drug platform. Instead of building a wide catalog of unrelated products, it concentrates on one core technology that can be applied to different diseases by silencing specific genes. That gives the company a clear niche in biopharma: it is both a drug developer and one of the main commercial proof points for RNAi medicines.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 30, 2026
AI Summary
Q1 2026

Record quarter: Alnylam posted more than $1.0 billion in combined net product revenue in Q1 2026, its first quarter ever above that threshold, up 121% year over year.

TTR momentum: AMVUTTRA drove the story, with global TTR revenue of $910 million, up 153% year over year, and management said the ATTR-CM launch remains on track.

Guidance held: The company reiterated its full-year 2026 guidance, including its TTR revenue target of $4.4 billion to $4.7 billion.

Pipeline progress: Alnylam highlighted positive vutrisiran data, fast enrollment in the nucresiran TRITON-CM study, and a 500-patient increase in that trial’s planned size.

Profitability: Q1 marked Alnylam’s third consecutive quarter of both GAAP and non-GAAP profitability, with $3.0 billion in cash, cash equivalents and marketable securities.

Commercial mix: Management said U.S. demand was the main driver of growth, while Germany pricing changes weighed on international revenue but were expected to become a net positive as CM launches expand overseas.

Key Financials
Combined net product revenues
$1.036 billion
TTR revenue
$910 million
Rare disease net revenue
$126 million
Collaboration revenue
$82 million
Royalty revenue
$49 million
Gross margin on product sales
80%
R&D expenses
$335 million
SG&A expenses
$283 million
Operating income
$339 million
Cash, cash equivalents and marketable securities
$3.0 billion
TRITON-CM planned enrollment
about 1,750 total patients
New U.S. prescribers
more than 1,200
U.S. first-line access
over 90%
Real-world adherence to vutrisiran
greater than 93%
Earnings Call Recording
Other Earnings Calls

Management

Dr. Akshay K. Vaishnaw M.D., Ph.D.
Chief Innovation Officer & Member of the Scientific Advisory Board
No Bio Available
Dr. Pushkal P. Garg M.D.
Chief Medical Officer
No Bio Available
Mr. Tolga Tanguler M.B.A.
Executive VP & Chief Commercial Officer
No Bio Available
Mr. Timothy J. Maines
Chief Technical Operations & Quality Officer
No Bio Available
Dr. Kevin Joseph Fitzgerald Ph.D.
Senior VP, Head of Research & Chief Scientific Officer
No Bio Available
Mr. Piyush Sharma J.D.
Chief Ethics & Compliance Officer
No Bio Available
Mr. Robert W. Hesslein Esq., J.D.
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Evan Lippman M.B.A.
Chief Corporate Development & Strategy Officer
No Bio Available
Ms. Kelley Boucher
Chief Human Resource Officer
No Bio Available
Dr. Muthiah Manoharan Ph.D.
Senior VP of Innovation Chemistry & Distinguished Scientist and Member of Scientific Advisory Board
No Bio Available

Contacts

Address
MASSACHUSETTS
Cambridge
675 W Kendall St
Contacts
+16175518200.0
www.alnylam.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett