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Ionis Pharmaceuticals, Inc. - IONS STOCK NEWS

Welcome to our dedicated page for Ionis Pharmaceuticals news (Ticker: IONS), a resource for investors and traders seeking the latest updates and insights on Ionis Pharmaceuticals stock.

Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) is a leading biotechnology company headquartered in Carlsbad, California. Founded in 1989, Ionis has been pioneering the discovery and development of antisense drugs, with an impressive portfolio of over 1300 patents. Ionis focuses on creating innovative RNA-targeted therapies for complex diseases, particularly in the areas of cardiovascular, metabolic, neurological, and rare genetic disorders.

Ionis has successfully brought several groundbreaking medicines to market. Notable achievements include the development of Spinraza, in collaboration with Biogen, which was launched in 2016 to treat spinal muscular atrophy, a rare neuromuscular disorder. In 2023, Biogen also launched Qalsody for ALS, further extending the impact of Ionis' antisense technology.

Through its cardiovascular-focused subsidiary, Akcea Therapeutics, Ionis has introduced drugs like Tegsedi for ATTR amyloidosis and Waylivra in Europe for cardiology indications. The company continues to advance its pipeline with promising candidates such as olezarsen, an investigational RNA-targeted therapy for familial chylomicronemia syndrome (FCS). Ionis' ongoing Phase 3 trials for olezarsen have shown promising results, with significant reductions in triglyceride levels and improvements in related health outcomes.

Ionis' commitment to innovation and patient care is also evident in its robust financial health and strategic partnerships. With a deep understanding of disease biology and cutting-edge technology, Ionis continues to drive advancements in RNA therapies and gene editing, aiming to deliver life-changing medicines for patients around the world.

Recently, Ionis announced positive clinical trial results for several of its investigational drugs and plans to pursue regulatory approvals for these therapies. The company's pipeline is well-positioned to address unmet medical needs in various therapeutic areas, promising a steady flow of new treatments in the coming years.

For more detailed information about Ionis Pharmaceuticals, its products, and career opportunities, visit their official website at www.ionispharma.com.

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Ionis Pharmaceuticals, Inc. will participate in fireside chats at several investor conferences in November and December 2023. The conferences include Guggenheim 5th Annual Inflammation, Neurology, & Immunology Conference, Stifel 2023 Healthcare Conference, Piper Sandler 35th Annual Healthcare Conference 2023, and BMO 2023 Growth & ESG Conference. The presentations will be webcasted live on the Ionis website and replays will be available within 48 hours.
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Ionis Pharmaceuticals reported positive Phase 3 data for Olezarsen, showing significant triglyceride lowering and reductions in acute pancreatitis attacks. Eplontersen is on track for regulatory approval in the EU and Canada, with potential approval in the US in December 2023. Ionis expects to achieve its 2023 financial guidance. Revenue for Q3 2023 was $144 million, a 10% decrease compared to the same period last year. Operating expenses increased due to investments in eplontersen, olezarsen, and donidalorsen. Ionis has $2.2 billion in cash and short-term investments as of September 30, 2023.
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Ionis Pharmaceuticals to host webcast to discuss Q3 2023 financial results
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Ionis Pharmaceuticals plans to bring new neurology medicines to its clinical pipeline by the end of 2024, positioning the company for significant revenue growth and positive cash flow. Last week, Ionis announced positive Phase 3 results for olezarsen in familial chylomicronemia syndrome, paving the way for independent commercial launches. Ionis also highlighted progress in its commercial and medical affairs organizations and the advancement of its neurology pipeline. The company has a strong financial foundation with $2B in cash.
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Publication of NEURO-TTRansform study shows eplontersen halted disease progression and improved quality of life in patients with ATTRv-PN. Eplontersen achieved an 82% reduction in TTR serum concentration compared to placebo group. It also demonstrated significant benefits on neuropathy impairment and quality of life. FDA action date in December. Ionis and AstraZeneca seeking regulatory approval globally.
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Roche gains exclusive worldwide rights to develop, manufacture and commercialize investigational medicines for Alzheimer's disease and Huntington's disease discovered by Ionis. Ionis to receive $60 million upfront payment. Collaboration aims to accelerate the discovery and development of novel therapies.
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Ionis Pharmaceuticals announces positive Phase 3 results for olezarsen in FCS patients, with a statistically significant reduction in triglyceride levels and a 100% reduction in acute pancreatitis events. Plans to file a New Drug Application with the FDA. Favorable safety profile. Potential to become new standard of care.
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Ionis Pharmaceuticals to host investor and analyst day on October 4, featuring presentations by key members of Ionis leadership and notable KOLs.
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Ionis Pharmaceuticals to participate in investor conferences
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Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) reported Phase 3 data showing eplontersen continued to improve ATTRv-PN through 85 weeks, with a December 22, 2023 PDUFA date. The company also completed enrollment in donidalorsen OASIS-HAE study and eplontersen CARDIO-TTRansform ATTR-CM study, keeping Phase 3 data readouts on track. Ionis is on track to achieve its 2023 financial guidance, with a well-capitalized balance sheet and increased revenue and operating expenses compared to the same periods last year.
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FAQ

What is the current stock price of Ionis Pharmaceuticals (IONS)?

The current stock price of Ionis Pharmaceuticals (IONS) is $34.34 as of November 15, 2024.

What is the market cap of Ionis Pharmaceuticals (IONS)?

The market cap of Ionis Pharmaceuticals (IONS) is approximately 5.2B.

What does Ionis Pharmaceuticals specialize in?

Ionis Pharmaceuticals specializes in the discovery and development of antisense drugs to treat complex diseases, focusing on cardiovascular, metabolic, neurological, and rare diseases.

Where is Ionis Pharmaceuticals located?

Ionis Pharmaceuticals is headquartered in Carlsbad, California.

What are some key products developed by Ionis Pharmaceuticals?

Key products include Spinraza for spinal muscular atrophy, Qalsody for ALS, Tegsedi for ATTR amyloidosis, and Waylivra for cardiology in Europe.

What is the latest development in Ionis' pipeline?

Ionis is advancing olezarsen, an investigational therapy for familial chylomicronemia syndrome, which has shown promising Phase 3 trial results.

Who are some of Ionis' key partners?

Ionis has strategic partnerships with companies like Biogen and AstraZeneca, helping to bring their innovative therapies to market.

How does Ionis Pharmaceuticals contribute to RNA therapy innovation?

Ionis is a pioneer in RNA-targeted therapies, driving advancements in antisense technology and gene editing to develop treatments for serious diseases.

What is olezarsen and what does it treat?

Olezarsen is an RNA-targeted investigational medicine being developed to treat familial chylomicronemia syndrome (FCS) by reducing triglyceride levels.

How can I learn more about career opportunities at Ionis Pharmaceuticals?

Visit the Ionis Pharmaceuticals website at www.ionispharma.com for more information on career opportunities and to apply for open positions.

What recent clinical trials has Ionis Pharmaceuticals announced?

Ionis recently announced positive results from trials involving olezarsen for FCS and donidalorsen for hereditary angioedema, among others.

How does Ionis Pharmaceuticals support patients with rare diseases?

Ionis develops targeted therapies for rare diseases, providing innovative treatments where few or no options previously existed, significantly improving patient outcomes.

Ionis Pharmaceuticals, Inc.

Nasdaq:IONS

IONS Rankings

IONS Stock Data

5.19B
145.97M
0.78%
99.5%
6.26%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
CARLSBAD