Alnylam's 1st-qtr 2007 loss widens to $21.6M
The USA's Alnylam Pharmaceuticals' first-quarter 2007 net loss widened to $21.6 million, or $0.58 per share, versus $8.9 million, or $0.30 per share, in the like, year-ago period, due to a license fee paid to Tekmira Pharmaceuticals Corp for the exclusive global rights to its liposomal delivery formulation technology for RNAi therapeutics, as well as the expansion of the technology research and manufacturing alliance on lipid-based delivery technology.
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