Alnylam Pharmaceuticals Inc. closed an impressive $2bn financing from the investment firm Blackstone, despite the volatile environment caused by COVID-19. The biopharma said it will use the investment to fund the development of more RNAi drugs and achieve long-term sustainability, announcing the multi-pronged agreement on 13 April.
Alnylam Secures $2bn Financing From Blackstone By Monetizing Inclisiran Royalties
Alnylam successfully completed a multi-pronged financing deal with the investment firm, which it will use to fund the development of more RNAi drugs.
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