– Company to Present Data from Phase I Study Early in Third Quarter –
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jun. 7, 2012--
Alnylam
Pharmaceuticals, Inc. (Nasdaq: ALNY), a
leading RNAi therapeutics company, announced today that it has completed
enrollment in its Phase I trial with ALN-TTR02, an RNAi therapeutic
targeting the transthyretin (TTR) gene for the treatment of TTR-mediated
amyloidosis (ATTR). Alnylam also announced today that it has initiated a
Phase II trial with ALN-TTR02 aimed at evaluating clinical activity,
safety, and tolerability of multiple once-monthly doses of ALN-TTR02 in
ATTR patients. Specifically, the study will evaluate the clinical
activity of ALN-TTR02 based on measurement of serum levels of TTR, the
disease-causing protein in patients with ATTR. ALN-TTR02 utilizes the
company’s proprietary second-generation lipid nanoparticle (LNP)
delivery technology using the “MC3” lipid. The company expects to
present data from the Phase I trial early in the third quarter of 2012.
“We continue to focus on the clinical advancement of ALN-TTR02, the lead
effort in our ‘Alnylam 5x15’ product strategy. With dosing completed in
the Phase I study, we are on track to report results early in the third
quarter. Our Phase II study is now underway, and will evaluate a
once-monthly multi-dose regimen in ATTR patients,” said Akshay K.
Vaishnaw, M.D., Ph.D., Senior Vice President and Chief Medical Officer
of Alnylam. “ALN-TTR02 utilizes our proprietary second-generation LNP
delivery technology which has shown significant potency improvements in
both pre-clinical and clinical studies, including recently reported
results from our ALN-PCS hypercholesterolemia program. We look forward
to continuing to share clinical data from our ALN-TTR02 program, and,
assuming positive results in the current Phase II study, we plan to
advance to a pivotal trial in 2013.”
The Phase II trial is an open-label, multi-center, multi-dose,
dose-escalation trial designed to enroll approximately 20 ATTR patients.
Subjects will be enrolled into cohorts of increasing doses and will
receive drug once every four weeks for two cycles. The primary
objectives of the study are to evaluate the safety and tolerability of
multiple doses of ALN-TTR02 and to measure clinical activity based on
serial measurement of circulating serum TTR levels.
About Transthyretin-Mediated Amyloidosis
Transthyretin (TTR)-mediated amyloidosis (ATTR) is a hereditary,
systemic disease caused by mutations in the TTR gene. TTR protein is
produced primarily in the liver and is normally a carrier for thyroid
hormones and retinol binding proteins. Mutations in TTR cause abnormal
amyloid proteins to accumulate and damage body organs and tissue such as
the peripheral nerves and heart, resulting in intractable peripheral
sensory neuropathy, autonomic neuropathy, and/or cardiomyopathy. In its
severest form, ATTR represents a major unmet medical need with
significant morbidity and mortality as an orphan disease; FAP (familial
amyloidotic polyneuropathy) affects approximately 10,000 people
worldwide and FAC (familial amyloidotic cardiomyopathy) affects at least
40,000 people worldwide. ATTR patients with FAP have a mean life
expectancy of five to 15 years from symptom onset and the only treatment
options for early stage disease are liver transplantation and tafamidis;
as a result there is a significant need for novel therapeutics to treat
patients who have inherited mutations in the TTR gene.
About ALN-TTR Program
ALN-TTR02 is a systemically delivered RNAi therapeutic being developed
for the treatment of ATTR, including FAP and FAC. ALN-TTR02 is
formulated in a proprietary second-generation lipid nanoparticle
technology, using the “MC3” lipid. Assuming positive results from the
Phase II study, Alnylam expects to start a pivotal trial for ALN-TTR02
in 2013. Alnylam also plans to advance ALN-TTRsc, which utilizes a
GalNAc-conjugate delivery approach and subcutaneous dose administration.
About RNA Interference (RNAi)
RNAi (RNA interference) is a revolution in biology, representing a
breakthrough in understanding how genes are turned on and off in cells,
and a completely new approach to drug discovery and development. Its
discovery has been heralded as “a major scientific breakthrough that
happens once every decade or so,” and represents one of the most
promising and rapidly advancing frontiers in biology and drug discovery
today which was awarded the 2006 Nobel Prize for Physiology or Medicine.
RNAi is a natural process of gene silencing that occurs in organisms
ranging from plants to mammals. By harnessing the natural biological
process of RNAi occurring in our cells, the creation of a major new
class of medicines, known as RNAi therapeutics, is on the horizon. Small
interfering RNAs (siRNAs), the molecules that mediate RNAi and comprise
Alnylam’s RNAi therapeutic platform, target the cause of diseases by
potently silencing specific mRNAs, thereby preventing disease-causing
proteins from being made. RNAi therapeutics have the potential to treat
disease and help patients in a fundamentally new way.
About “Alnylam 5x15™”
The “Alnylam 5x15” strategy, launched in January 2011, establishes a
path for development and commercialization of novel RNAi therapeutics to
address genetically defined diseases with high unmet medical need.
Products arising from this initiative share several key characteristics
including: a genetically defined target and disease; the potential to
have a major impact in a high unmet need population; the ability to
leverage the existing Alnylam RNAi delivery platform; the opportunity to
monitor an early biomarker in Phase I clinical trials for human proof of
concept; and the existence of clinically relevant endpoints for the
filing of a new drug application (NDA) with a focused patient database
and possible accelerated paths for commercialization. By the end of
2015, the company expects to have five such RNAi therapeutic programs in
clinical development, including programs in advanced stages, on its own
or with a partner. The “Alnylam 5x15” programs include ALN-TTR for the
treatment of transthyretin-mediated amyloidosis (ATTR), ALN-APC for the
treatment of hemophilia, ALN-PCS for the treatment of severe
hypercholesterolemia, ALN-HPN for the treatment of refractory anemia,
and ALN-TMP for the treatment of hemoglobinopathies. Alnylam intends to
focus on developing and commercializing certain programs from this
product strategy itself in the United States and potentially certain
other countries; the company will seek development and commercial
alliances for other core programs both in the United States and in other
global territories.
About Alnylam Pharmaceuticals
Alnylam is a biopharmaceutical company developing novel therapeutics
based on RNA interference, or RNAi. The company is leading the
translation of RNAi as a new class of innovative medicines with a core
focus on RNAi therapeutics for the treatment of genetically defined
diseases, including ALN-TTR for the treatment of transthyretin-mediated
amyloidosis (ATTR), ALN-PCS for the treatment of severe
hypercholesterolemia, ALN-HPN for the treatment of refractory anemia,
ALN-APC for the treatment of hemophilia, and ALN-TMP for the treatment
of hemoglobinopathies. As part of its “Alnylam 5x15TM”
strategy, the company expects to have five RNAi therapeutic products for
genetically defined diseases in clinical development, including programs
in advanced stages, on its own or with a partner by the end of 2015.
Alnylam has additional partner-based programs in clinical or development
stages, including ALN-RSV01 for the treatment of respiratory syncytial
virus (RSV) infection, ALN-VSP for the treatment of liver cancers, and
ALN-HTT for the treatment of Huntington’s disease. The company’s
leadership position on RNAi therapeutics and intellectual property have
enabled it to form major alliances with leading companies including
Merck, Medtronic, Novartis, Biogen Idec, Roche, Takeda, Kyowa Hakko
Kirin, and Cubist. In addition, Alnylam and Isis co-founded Regulus
Therapeutics Inc., a company focused on discovery, development, and
commercialization of microRNA therapeutics; Regulus has formed
partnerships with GlaxoSmithKline and Sanofi. Alnylam has also formed
Alnylam Biotherapeutics, a division of the company focused on the
development of RNAi technologies for applications in biologics
manufacturing, including recombinant proteins and monoclonal antibodies.
Alnylam’s VaxiRNA™ platform applies RNAi technology to improve the
manufacturing processes for vaccines; GlaxoSmithKline is a collaborator
in this effort. Alnylam scientists and collaborators have published
their research on RNAi therapeutics in over 100 peer-reviewed papers,
including many in the world’s top scientific journals such as Nature,
Nature Medicine, Nature Biotechnology, and Cell.
Founded in 2002, Alnylam maintains headquarters in Cambridge,
Massachusetts. For more information, please visit www.alnylam.com.
Alnylam Forward-Looking Statements
Various statements in this release concerning Alnylam’s future
expectations, plans and prospects, including without limitation,
statements regarding Alnylam’s views with respect to the potential for
RNAi therapeutics, including ALN-TTR02 and ALN-TTRsc, its expectations
with respect to the timing and success of its clinical trials for
ALN-TTR02, its expectations regarding the reporting of data from its
ALN-TTR02 clinical trials, and Alnylam’s expectations regarding its
“Alnylam 5x15” product strategy, constitute forward-looking statements
for the purposes of the safe harbor provisions under The Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those indicated by these forward-looking statements as a
result of various important factors, including, without limitation,
Alnylam’s ability to discover and develop novel drug candidates,
successfully demonstrate the efficacy and safety of its drug candidates,
including ALN-TTR02 and ALN-TTRsc, the pre-clinical and clinical results
for these product candidates, which may not support further development
of such product candidates, actions of regulatory agencies, which may
affect the initiation, timing and progress of clinical trials for such
product candidates, obtaining, maintaining and protecting intellectual
property, obtaining regulatory approval for products, competition from
others using technology similar to Alnylam’s and others developing
products for similar uses, and Alnylam’s ability to establish and
maintain strategic business alliances and new business initiatives, as
well as those risks more fully discussed in the “Risk Factors” section
of its most recent quarterly report on Form 10-Q on file with the
Securities and Exchange Commission. 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
does not assume any obligation to update any forward-looking statements.

Source: Alnylam Pharmaceuticals, Inc.
Alnylam Pharmaceuticals, Inc.
Cynthia Clayton, 617-551-8207
Vice
President, Investor Relations and
Corporate Communications
or
Spectrum (Media)
Amanda
Sellers, 202-955-6222 x2597