Alnylam Surprises Investors With Last-Minute HELIOS-B Revisions

Alnylam pushed back the study’s top-line readout to June or July. But analysts said the changes increase the odds of demonstrating monotherapy benefit with Amvuttra in ATTR-CM.

Alnylam building
Alnylam's trial changes are intended to demonstrate monotherapy benefit with Amvuttra • Source: Shutterstock

Overshadowing the strong sales growth revealed in its fourth quarter 2023 earnings call, Alnylam Pharmaceuticals Inc. worried investors on 15 February with a late change to the endpoints and expected topline readout for the Phase III HELIOS-B study that it hopes will support expanding Amvuttra’s label into transthyretin amyloid cardiomyopathy (ATTR-CM), which would substantially increase the drug’s addressable population.

Key Takeaways
  • Alnylam is expanding the length of follow-up in its Phase III trial to add ATTR-CM to Amvuttra’s label, which it says would increase the drug’s target market ten-fold.

  • The firm’s stock price fell on the news, but most analysts said the HELIOS-B protocol changes, while late, make sense and improve prospects for success

The second RNAi therapy from Alnylam approved for transthyretin-associated diseases, Amvuttra (vutrisiran) got US Food and Drug Administration approval in June 2022 to treat hereditary transthyretin-mediated amyloidosis (hATTR)-associated polyneuropathy. (Also see "Alnylam’s Amvuttra To Take Off From Onpattro’s Runway" - Scrip, 14 June, 2022.) It joined Onpattro (patisiran), which also is approved for hATTR but failed to get ATTR-CM added to its label based on findings from the Phase III APOLLO-B study

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