{ }
001122334455554433221100
001122334455554433221100
Symbol IONS
Name Ionis Pharmaceuticals, Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country United States
State CA
City Carlsbad
Zipcode 92010
Website http://www.ionispharma.com

Ionis Pharmaceuticals maintains focus on Tryngolza launch amid mixed analyst ratings

UBS analyst Esther Rajavelu has maintained a Neutral rating on Ionis Pharmaceuticals with a price target of $45, as the stock trades near its 52-week low at $31.40. The company is focused on launching Tryngolza for familial chylomicronemia syndrome and has partnered with Sobi for commercialization outside the U.S. Despite a revenue decline of 10.5% to $705 million, Ionis has secured EU approval for WAINZUA and is advancing its investigational treatments, while management anticipates Phase 3 data for olezarsen in severe hypertriglyceridemia by late 2025.

ubs maintains neutral rating on ionis pharmaceuticals with stable price target

UBS analyst Esther Rajavelu has maintained a Neutral rating on Ionis Pharmaceuticals with a price target of $45, as the stock trades near its 52-week low at $31.40. The company is focused on launching Tryngolza for familial chylomicronemia syndrome and has partnered with Sobi for marketing outside the US. Despite generating $705 million in sales, Ionis is unlikely to reach profitability this year, with ongoing studies expected to yield phase 3 data for severe hypertriglyceridemia in 2025.

Ionis Pharmaceuticals Advances Neurology Pipeline with Promising Clinical Developments

Ionis Pharmaceuticals presented its neurology pipeline at UBS Virtual CNS Day, focusing on rare neurological diseases such as Alexander disease, Angelman syndrome, and Alzheimer's disease. The company reported an 84% growth in WAYNEUWA sales and is optimistic about upcoming clinical trial results, including a Phase 3 trial for Angelman syndrome and data for Alexander disease expected later this year. Future plans include collaborations for faster diagnoses and expanding treatment options for young patients.

Ionis Pharmaceuticals Reports Narrower Loss Amid Revenue Decline in Q3 2024

Ionis Pharmaceuticals reported a narrower loss of 95 cents per share for Q3 2024, beating estimates, while total revenues reached $134 million, surpassing expectations but declining 7% year over year. Commercial revenues fell to $76 million, missing estimates, with Spinraza royalties down 15%. Adjusted operating costs decreased 4.2% year over year, although expenses rose due to increased SG&A costs for new product launches.

nobel prize awarded for protein design and drug developments advance

David Baker, Demis Hassabis, and John Jumper have won the Nobel Prize in Chemistry for their groundbreaking work in computational protein design and structure prediction, significantly advancing drug design capabilities. Alnylam Pharmaceuticals seeks FDA approval for vutrisiran to treat a severe form of transthyretin amyloidosis, while Johnson & Johnson halts a bladder cancer trial for TAR-200. AstraZeneca invests in a preclinical cholesterol-lowering drug, and Astellas acquires rights to an experimental gene therapy for frontotemporal dementia.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.