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Fly News Breaks for December 5, 2016
ALNY
Dec 5, 2016 | 07:16 EDT
Jefferies analyst Gena Wang views Alnylam Pharmaceuticals' weekend update on fitusiran as nearly a best case scenario. Fitusiran efficacy in 16 hemophilia inhibitor patients beat the analyst's expectations with a median annualized bleeding rate reduced to zero. Wang also notes that the givosiran Phase I study showed encouraging initial results in reducing porphyria attacks in symptomatic patients. She keeps a Buy rating on Alnylam with a $58 price target.
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