Alnylam Pharmaceuticals Announces Proposed Public Offering of $675,000,000 of Common Stock
Goldman Sachs & Co. LLC,
Alnylam intends to use the net proceeds from this offering for general
corporate purposes, including clinical trial costs and other research
and development expenses, continued growth of its manufacturing,
quality, commercial and medical affairs capabilities to support its
transition toward a commercial-stage biopharmaceutical company, the
anticipated commercial launches of patisiran, givosiran and fitusiran
across several continents, assuming favorable regulatory reviews, the
expected commercial expansion beyond
The securities described above are being offered by Alnylam pursuant to an automatically effective shelf registration statement that Alnylam previously filed with the Securities and Exchange Commission (SEC).
A registration statement (including a base prospectus) relating to these securities has been filed with the SEC and has become effective. Before you invest, you should read these and other documents Alnylam has filed with the SEC for more complete information about Alnylam and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
The offering will be made only by means of a preliminary prospectus
supplement and related prospectus. Copies of the preliminary prospectus
supplement and the final prospectus supplement, when available, and the
accompanying base prospectus relating to the offering may be obtained by
contacting Goldman Sachs & Co. LLC, Prospectus Department,
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.
About Alnylam Pharmaceuticals
Alnylam (Nasdaq: ALNY) is leading the translation of RNA interference
(RNAi) into a whole new class of innovative medicines with the potential
to transform the lives of people afflicted with rare genetic,
cardio-metabolic, and hepatic infectious diseases. Based on
Alnylam Forward-Looking Statements
Statements in this release concerning Alnylam's future expectations, plans and prospects, including, without limitation, statements about Alnylam's proposed public offering, intended use of proceeds and Alnylam's expectations regarding future company achievements, constitute forward-looking statements for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results and future plans may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, risks related to fluctuations in our stock price, those associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering, as well as those risks more fully discussed in the "Risk Factors" filed with Alnylam's most recent Quarterly Report on Form 10-Q filed with the SEC and in other filings that Alnylam makes with the SEC. There can be no assurance that Alnylam will be able to complete the proposed public offering on the anticipated terms, or at all. You should not place undue reliance on these forward-looking statements. In addition, any forward-looking statements represent Alnylam's views only as of today and should not be relied upon as representing its views as of any subsequent date. Alnylam explicitly disclaims any obligation, except to the extent required by law, to update any forward-looking statements.
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