Genzyme takes up option on Alnylam's ALN-AT3 hemophilia program
Genzyme, the USA-based biotech subsidiary of French pharma major Sanofi (Euronext: SAN), has elected to opt into Alnylam Pharmaceutical's (Nasdaq: ALNY) investigational ALN-AT3 hemophilia program for development and potential future commercialization in territories outside of North America and Western Europe.
This marks the first product from Alnylam's Genetic Medicines pipeline to which Genzyme has opted in since the formation of the companies' global alliance last year (The Pharma Letter January 13, 2014), and the third product opt-in overall. Genzyme's opt-in decision was based on encouraging clinical data from the Phase I trial of ALN-AT3, including positive interim data that were presented at the International Society on Thrombosis and Haemostasis (ISTH) 2015 Congress in June 2015.
Terms of the agreement
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