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Thursday, November 2, 2023

Alnylam guides up on collaboration, royalty revenue

 2023 Financial Guidance 

Full year 2023 financial guidance has been updated as follows:

 

 

Provided 2/23/20231

Updated 11/2/2023

Combined net product revenues for ONPATTRO, AMVUTTRA, GIVLAARI and OXLUMO1

 

$1,200 million - $1,285 million

Unchanged

Net Product Revenue Growth vs. 2022 at reported FX rates1

 

34% to 44%

Unchanged

Net Product Revenue Growth vs. 2022 at CER*

 

34% to 44%

Unchanged

Net revenues from collaborations and royalties

 

$100 million -

$175 million

$575 million -

$625 million

GAAP R&D and SG&A expenses

 

$1,790 million - $1,885 million

Unchanged

Non-GAAP R&D and SG&A expenses2

 

$1,575 million - $1,650 million

Unchanged

 

 

 

 

Uses December 31, 2022 FX rates including: 1 EUR = 1.07 USD and 1 USD = 131 JPY

Excludes $215 - $235 million of stock-based compensation expense from estimated GAAP R&D and SG&A expenses

*CER = Constant Exchange Rate, representing growth calculated as if the exchange rates had remained unchanged from those used in the twelve months ended December 31, 2022. CER is a Non-GAAP measure.

https://www.biospace.com/article/releases/alnylam-pharmaceuticals-reports-third-quarter-2023-financial-results-and-highlights-recent-period-activity/

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