earnings
confidence high
sentiment negative
materiality 0.80
Alnylam Q1 product revenue $187M, GAAP loss $240M; lowers 2022 guidance to $870-930M
ALNYLAM PHARMACEUTICALS, INC.
2022-Q1 EPS reported
-$2.00
revenue$213,259,000
- Q1 total net product revenue $187M (+38% YoY); GAAP net loss $240M ($2.00 EPS), non-GAAP loss $180M ($1.49 EPS).
- Lowered 2022 combined revenue guidance to $870-930M from $900M-$1B due to Q1 pandemic impact and non-recurring Q4 2021 benefits.
- FDA extended vutrisiran NDA review to July 14, 2022; company expects launch upon approval if cleared.
- Patient growth: ONPATTRO >2,200 (+7%), GIVLAARI >400 (+14%), OXLUMO >160 (+14%) QoQ.
- Initiated Phase 1 for ALN-APP (Alzheimer's) and ALN-XDH (gout); filed patent suits against Pfizer/Moderna for COVID-19 vaccine lipids.