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Will Vutrisiran be approved by the European Medicines Agency by October 31, 2025?
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Alnylam Pharmaceuticals•European Medicines Agency•Vutrisiran•Alnylam•Yvonne Greenstreet•STAT Summit•Greenstreet
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the European Medicines Agency
Story
Alnylam Submits Regulatory Application for Vutrisiran, Predicts Multibillion-Dollar Product with 60% Success Rate
Oct 17, 2024, 01:30 PM
Alnylam Pharmaceuticals has submitted a regulatory application to the European Medicines Agency for its drug Vutrisiran, aimed at treating ATTR amyloidosis with cardiomyopathy. The submission reflects the company's strategic focus on expanding its product offerings in the competitive biotech landscape. Alnylam's CEO, Yvonne Greenstreet, expressed confidence in the drug's potential, predicting it could become a multibillion-dollar product despite rising competition. At the recent STAT Summit, Greenstreet highlighted a 60% probability of success for their RNAi drug development programs, emphasizing the importance of providing quality therapeutic options to stimulate diagnosis rates for rare conditions. The company, co-founded by former CEO J. Maraganore, is positioned to be a leading player in the biotech sector.
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Yes • 50%
No • 50%
FDA approval • 25%
New clinical trial results • 25%
Partnership with another company • 25%
No major announcement • 25%
Submit NDA to FDA • 33%
Submit MAA to EMA • 33%
Both submissions • 33%
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No • 50%
Yes • 50%
No • 50%
Market leader • 33%
Second place • 33%
Third place or lower • 33%