• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

2

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

3

As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midterms

1

Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

2

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

3

As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midterms
HealthBiotech

Alnylam’s Stock Is Plummeting After Drug Trial Leads to Patient Deaths

By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
October 6, 2016, 3:22 PM ET
Photograph by Alnylam
Google source logo
Add Fortune on Google for similar content.

Alnylam Pharmaceuticals shares plunged Thursday after the company announced it would shut down development of one of its lead experimental drugs on Wednesday night.

The therapy, called revusiran, was being tested in patients suffering from a progressive and debilitating condition that leads to heart failure and eventually death: hereditary ATTR amyloidosis with cardiomyopathy. But trial participants started to complain of increased nerve pain and numbness, prompting the company to organize an independent committee to review trial results.

That committee concluded that “the benefit-risk profile for revusiran no longer supported continued dosing” of the drug. In fact, 18 patients died and a disproportionate share was given the actual drug, not the placebo.

Subscribe to Brainstorm Health Daily, our upcoming newsletter about health innovations.

“Patient safety comes first,” said Alnylam CEO John Maraganore in a statement. “We have stopped all dosing and are actively monitoring patients across revusiran studies to ensure their safety.”

Drug development always runs the risk of failure and other adverse events. But the revusiran outcomes could have broader consequences for Alnylam and the therapeutic platform it has long championed.

The treatment uses RNA interference (RNAi) as part of a “gene-silencing” method that uses bits of genetic RNA material to target and shut off defective genes. So if revusiran’s side effects are seen in other RNAi drugs, it could prompt investors to pull out.

 

Still, despite the revusiran trial disappointment, Maraganore remains confident three of Alnylam’s drug will hit the market by 2020.

About the Author
By Sy Mukherjee
See full bioRight Arrow Button Icon

Latest in Health


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Health


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.