Alnylam Pharmaceuticals Inc
ALNY: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| G%r | LOCK|@<zH^ | LOCK|!?j!j$ |
Alnylam: US Approval of Amvuttra in ATTR-CM Significantly Expands Addressable Patient Population
Narrow-moat Alnylam Pharmaceuticals has received US Food and Drug Administration approval for Amvuttra (vutrisiran), the first RNAi therapeutic for adults with ATTR amyloidosis with cardiomyopathy, or ATTR-CM. The shares were up about 11% in March 21 trading. We have adjusted our model to account for the approval (our base case was previously a 95% probability of approval), and we maintain our $223 fair value estimate.
