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-6.85072275124403E-05 -0.000205521682537516 6.8507227512635E-05 -0.00267178187298751 0 -0.00157566623278749 -0.00582311433856268 -0.00472699869836266
Stock impact report

Biotech News Recap: Pressure On Shares Of Novartis Continues Following Zolgensma Patient Death [Seeking Alpha]

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: Seeking Alpha
Biotech News Recap: Pressure On Shares Of Novartis Continues Following Zolgensma Patient Death Summary While interim data from the phase 2 STR1VE trial of Zolgensma in SMA Type 1 was encouraging, it was overshadowed by the death of a second patient. It remains to be seen what steps the FDA takes. May PDUFA date is approaching. Previously Novartis shelled out a whopping $8.7 billion to gain control of the treatment. Ionis Pharmaceuticals (and partner Biogen) would benefit from any setbacks for their competitor, as previously Spinraza sales were thought to face a decline upon Zolgensma's arrival to the market. Gritstone Oncology received a boost from positive FDA guidance which accelerates timeline for its SLATE phase 1 study. GlycoMimetics received more validation of its approach from publication of a paper in Nature Cell Biology. Eli Lilly's Taltz (ixekizumab) achieved primary and all major secondary endpoints in COAST-X Phase 3 study for the treatment of nr-axSpA. Novartis ( NVS anno Show less Read more
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