Tenaya Therapeutics (NASDAQ: TNYA) announced a research collaboration with Alnylam Pharmaceuticals (NASDAQ: ALNY) on March 5, 2026, to identify and validate up to 15 gene targets for cardiovascular diseases. 1 2 3 Tenaya will receive up to $10 million in upfront payments, plus reimbursement for costs over a two-year validation term, and potential milestone payments totaling up to $1.13 billion if targets lead to approved therapeutics. 1 2 3 5 Alnylam will handle all development and commercialization of therapeutics from the validated targets. 1 2 3 The deal combines Tenaya's target identification and validation expertise with Alnylam's RNAi therapeutics leadership to advance potential disease-modifying heart treatments. 1 2 4 Sources: 1. https://www.stocktitan.net/news/TNYA/tenaya-therapeutics-enters-into-research-collaboration-with-alnylam-br4m7y44cga4.html 2. https://www.biospace.com/deals/alnylam-unites-with-tenaya-in-potential-1b-pact-to-find-new-genetic-heart...
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