
US RNAi therapeutics company Alnylam Pharmaceuticals (Nasdaq: ALNY) has decided to halt dosing in the ENDEAVOUR Phase III study on the recommendation of the Data Monitoring Committee (DMC).
As a result, the company will discontinue development of revusiran, an investigational RNA interference (RNAi) therapeutic that was being studied for the treatment of hereditary ATTR amyloidosis with cardiomyopathy (hATTR-CM). Alnylam’s shares plunged 43% to $40.75 in after-hours trading on Wednesday following the announcement.
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