Alnylam charts five-year plan as sales of key drug miss expectations

Alnylam charts five-year plan as sales of key drug miss expectations

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Key Points:

  • Alnylam announced a five-year growth and innovation plan called Alnylam 2030, aiming to build on its recent successes in gene-silencing therapies.
  • CEO Yvonne Greenstreet emphasized the company’s sustainable innovation engine combined with a strong commercial organization as key drivers for long-term growth.
  • The company plans to lead in the disease treated by its top-selling drug, Amvuttra, and develop two additional medicines targeting different diseases with potential annual sales exceeding $1 billion each.
  • Alnylam intends to invest 30% of its sales into research and development while growing annual sales by 25% and maintaining a 30% operating margin, excluding one-time costs.
  • Despite these ambitious goals, the