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Alnylam Pharmaceuticals, Inc. Message Board

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  • ed17331 ed17331 Jun 16, 2005 12:29 PM Flag

    Bullish pennant! ALNY will rocket up!

    >>Is Benitec the Australian company? I was looking for it but could not find a symbol on any market. <<

    Yes, Benitec is currently listed on the Australian Exchange (AUX), but they have ties to Stanford (Mark Kay) and plans to list on NASDAQ. The symbol for Benitec is BLT. Currently the shares are VERY cheap (about 15 cents).

    Benitec is a very interesting company with a strong IP position in gene silencing technology that they have been aggressively and successfully defending.

    More info can be found here:

    Prof. Kay's laboratory at Stanford University was first to demonstrate the effective in vivo use of RNAi as a therapeutic against a mouse hepatitis disease model. His work on viral diseases is considered a seminal step in the advancement of RNAi technology. Prof. Kay is Director of the Human Gene Therapy Program at Stanford University School of Medicine and Professor in the Departments of Pediatrics and Genetics.

    Disclosure: I'm long BLT. Just recently established my position at current levels.


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