The post Ionis Pharmaceuticals Drops Another 9% as Bad News Piles Up appeared first on 24/7 Wall St..
Ionis Pharmaceuticals (IONS) fell 8.5% to $58.82 on July 9 after Phase 3 CARDIO-TTRansform trial of eplontersen failed primary efficacy in transthyretin amyloid cardiomyopathy.
Ionis stock plummeted 21% in one week and 14% in one month, marking potentially the biggest single-day decline in over five years for the RNA-targeted developer.
Alnyl…