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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ionis Pharmaceuticals Inc | NASDAQ:IONS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.67 | -1.55% | 42.42 | 42.41 | 42.42 | 43.76 | 42.36 | 43.54 | 609,187 | 19:48:20 |
By Colin Kellaher
Ionis Pharmaceuticals Inc. on Tuesday said the U.S. Food and Drug Administration granted fast-track designation to olezarsen for the treatment of the genetic disease familial chylomicronemia syndrome.
The Carlsbad, Calif., pharmaceutical company said there are currently no approved therapies in the U.S. for the treatment of the disease, which is characterized by severely high levels of plasma triglycerides and a risk of unpredictable and potentially fatal acute pancreatitis.
The FDA's fast-track program is designed to facilitate the development and expedite the review of treatments for serious or potentially life-threatening illnesses with high unmet medical needs.
Ionis, which last year completed enrollment in a Phase 3 study of olezarsen in adults with familial chylomicronemia syndrome, said it plans to share data from the study in the second half of 2023.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 31, 2023 07:37 ET (12:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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