According to data from S&P Global Market Intelligence, shares of the leading RNA interference drugmaker Alnylam Pharmaceuticals (NASDAQ: ALNY) gained 18.5% last month. The biotech's stock was lifted up by both the insurgent victory of Donald Trump -- presumably because of his less vitriolic stance on U.S. drug pricing schemes than Hillary Clinton -- along with Sanofi's (NYSE: SNY) decision to opt-in to co-develop and co-commercialize the experimental hemophilia treatment fitusiran in the United States, Canada, and Western Europe.Prior to last month's rally, Alnylam's stock was in a tailspin as a result of its decision to discontinue the development of the late-stage hereditary ATTR amyloidosis drug candidate revusiran.
2 Reasons Why Alnylam Pharmaceuticals Stock Gained 18.5% In November
newsfeedback@fool.com (George Budwell), The Motley Fool
Wed, 12/07/2016 - 10:24am
Topics: global market intelligence rna pharmaceuticals nasdaq alny donald trump u.s hillary clinton sanofi's nyse sny united states canada europe sanofi attr stock gained alnylam pharmaceuticals patisiran drug generate sales peak stage million late-stage candidate month treatment fitusiran readout data hereditary decision amyloidosis experimental
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