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At Barron's

Biotech CEO on RNAI and Medicine of the Future

At Barron's

At Barron's

Business

4.717 Ratings

🗓️ 19 December 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Alnylam Pharmaceuticals CEO Yvonne Greenstreet discusses why RNAI can be used to treat an array of diseases, the company's medicines using this technology, and more.

Transcript

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0:00.0

Hello everyone and welcome to Ad Barron's. I'm Andy Surwer. And welcome to our guest, Yvonne Green Street, CEO of Al-Nylem. Great to see you, Yvonne. Thank you for coming.

0:14.1

Lovely to be here, Andy. So part of your job is explaining what complex biopharma issues are to lay people and to investors.

0:23.6

So tell us what your company does.

0:25.6

Well, we believe that we have one of the most exciting companies in biotech.

0:29.6

We're founded on Nobel Prize-winning science of RNA interference, where essentially we can switch off the production of disease-causing proteins,

0:40.7

and therefore, based on this technology, we've been able to build a very rich pipeline

0:46.2

of medicines that are addressing some very important diseases.

0:50.5

So RNA-I, as the technology is called, are based on that kind of science, I guess, is the

0:56.7

way to characterize it.

0:57.7

Correct, yes.

0:58.7

What specifically, talk to us a little bit more about this, what specifically is the promise

1:02.9

of RNAI that is so unique?

1:07.0

So, you know, we believe that what we have with RNAI is actually a generational technology.

1:14.6

RNAI is an approach that can address any gene in the genome.

1:19.6

And because of this, it gives the technology huge potential to address a wide range of diseases.

1:27.8

And we've made tremendous progress over the last couple of decades since we were founded.

1:33.8

We now have brought forward five medicines from this technology in just four years.

1:42.2

And we have also built a pipeline of 15 clinical programs. And our plan is

1:49.8

actually to double the number of clinical programs by the end of 2025. So I think what's incredibly

1:55.7

impressive about the technology is just how prolific it has been in a very short space of time, based on the

2:02.5

science and on what are outsized probabilities of success in the industry. We have about a 10

2:09.4

times better success rate than industry averages. Recently, you filed for Food and Drug Administration to expand the approval of, I think it's

...

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