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Stock impact report

Biogen to pay $1 billion to Ionis in new partnership [Reuters]

Ionis Pharmaceuticals, Inc. (IONS) 
Last ionis pharmaceuticals, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ionispharma.com
Company Research Source: Reuters
Biogen to pay $1 billion to Ionis in new partnership | Reuters Reuters Staff 1 Min Read April 20 (Reuters) - Drugmaker Biogen Inc said on Friday it would pay Ionis Pharmaceuticals Inc $1 billion in cash as part of a new ten-year agreement to develop medicines for a broad range of neurological diseases including dementia. The payment will include an equity investment in Ionis and an upfront payment. The companies said they expect the deal to close in the second quarter. (Reporting by Tamara Mathias in Bengaluru Editing by Supriya Kurane) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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