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Alnylam Restructures, Cuts 33% of Workforce

Will focus on RNAi therapeutic product strategy

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Alnylam Pharmaceuticals will implement a strategic corporate restructuring, eliminating approximately 33% of its workforce to focus resources on its Alnylam 5×15 RNAi therapeutic product strategy and ALN-TTR for the treatment of transthyretin-mediated amyloidosis (ATTR) and ALN-APC for the treatment of hemophilia, as well as other pipeline programs with existing alliances and new partnerships. Alnylam expects to save approximately $20 million in 2012 and will incur one-time restructuring co...

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