Re­gen­eron, Al­ny­lam spell out a re­search al­liance that could run be­yond a decade, with bil­lions built in for suc­cess

Re­gen­eron $REGN and Al­ny­lam $AL­NY have laid a foun­da­tion for an en­dur­ing R&D al­liance that could go out well past a decade, with bil­lions of dol­lars on the line if they’re suc­cess­ful.

We al­ready know that Re­gen­eron is pay­ing $800 mil­lion for the up­front and eq­ui­ty stake, with an­oth­er $200 mil­lion for proof-of-prin­ci­ple mile­stones — which we’ve not­ed makes it one of the top plat­form deals in in­dus­try his­to­ry. 

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