Ionis Pharmaceuticals Inc
NASDAQ:IONS

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Ionis Pharmaceuticals Inc Logo
Ionis Pharmaceuticals Inc
NASDAQ:IONS
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Price: 79.67 USD 0.71% Market Closed
Market Cap: 12.9B USD

Ionis Pharmaceuticals Inc
Investor Relations

In the realm of pharmaceutical innovation, Ionis Pharmaceuticals Inc. has carved a niche defined by its pioneering efforts in antisense technology. Founded in 1989, Ionis stands as a trailblazer in the development of RNA-targeted therapies, which deviate from the traditional drug development pathways by focusing on genetic solutions. The company specializes in antisense oligonucleotides—short, synthetic strands of DNA or RNA designed to bind selectively to specific messenger RNA (mRNA). By doing so, they aim to modulate the expression of genes associated with various diseases. This unique approach allows Ionis to address ailments at the genetic level, potentially preventing the production of disease-causing proteins, thus offering alternative therapeutic options for serious diseases.

Ionis Pharmaceuticals monetizes its scientific breakthroughs through a diverse revenue stream model. It engages in multiple collaborative partnerships with major pharmaceutical companies, such as Biogen and AstraZeneca, which provide upfront payments, milestone-based fees, and royalties on lucrative antisense drugs that emerge from these alliances. Furthermore, Ionis holds an extensive internal pipeline, advancing proprietary drugs through various stages of research and clinical trials. By strategically balancing in-house projects with external collaborations, Ionis capitalizes on its innovative platform while mitigating financial risks. This dual-strategy not only sustains the company financially but positions it at the forefront of personalized medicine, potentially revolutionizing the landscape of therapeutic development.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Revenue Growth: Ionis reported Q3 revenue of $157 million, up 17% year-over-year, driven by strong product sales and royalty contributions.

TRYNGOLZA Momentum: TRYNGOLZA net product sales reached $32 million in Q3, rising nearly 70% from Q2, with expanding physician adoption.

Guidance Raised: Ionis increased its 2025 revenue guidance to $875–900 million and TRYNGOLZA full-year sales guidance to $85–95 million.

New Product Launches: DAWNZERA received FDA approval for hereditary angioedema and launched in Q3; both TRYNGOLZA and DAWNZERA show strong early momentum.

Pipeline Progress: Positive Phase III results for olezarsen (sHTG) and zilganersen (Alexander disease) set the stage for two anticipated independent launches in 2026.

Cash Position: The company expects to end 2025 with over $2.1 billion in cash, supporting future growth and commercial investments.

Operating Loss Outlook: Forecast for full-year operating loss improved to $275–300 million, reflecting investment in upcoming launches.

Key Financials
Revenue
$157 million
Revenue (First 9 Months)
$740 million
TRYNGOLZA Net Product Sales
$32 million
Royalty Revenue
$76 million
Operating Loss
$275–300 million (forecast for full year)
Cash Balance (year-end forecast)
more than $2.1 billion
TRYNGOLZA Coverage Mix
60% commercial, 40% government
Olezarsen Triglyceride Reduction (CORE/CORE2 studies)
up to 72% mean placebo-adjusted reduction at 6 months
Olezarsen Acute Pancreatitis Event Reduction
85% reduction in adjudicated acute pancreatitis events
Zilganersen Gait Speed Benefit
33% mean benefit at week 61 vs. control
Earnings Call Recording
Other Earnings Calls

Management

Dr. Brett P. Monia Ph.D.
Founder, CEO & Director
No Bio Available
Ms. Elizabeth L. Hougen M.A., M.B.A., M.S.
Executive VP of Finance & CFO
No Bio Available
Ms. B. Lynne Parshall Esq., J.D.
Director
No Bio Available
Dr. Richard S. Geary Ph.D.
Executive VP & Chief Development Officer
No Bio Available
Dr. Eric E. Swayze Ph.D.
Executive Vice President of Research
No Bio Available
Mr. Darren Gonzales
Chief Accounting Officer & Senior VP
No Bio Available
Dr. C. Frank Bennett BSc, Ph.D.
Executive VP & Chief Scientific Officer
No Bio Available
Mr. D. Wade Walke Ph.D.
Senior Vice President of Investor Relations
No Bio Available
Mr. Patrick R. O'Neil Esq.
Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary
No Bio Available
Ms. Hayley Soffer
Vice President of Corporate Communications
No Bio Available

Contacts

Address
CALIFORNIA
Carlsbad
2855 Gazelle Ct
Contacts
+17609319200.0
www.ionispharma.com