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Message #76
From: NewsBot
Date: December 15, 2006 01:01:00 PM

ALNY News Alnylam Announces Closing of Common Stock Offering

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY) announced today the closing of its public offering of 4,700,000 shares of common stock. Net proceeds to the company are approximately $101 million. The offering was underwritten by Banc of America Securities LLC.

Alnylam is a leading biopharmaceutical company developing novel therapeutics based on RNA interference, or RNAi.

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