Form 8-K
8-K — IONIS PHARMACEUTICALS INC
Accession: 0001140361-26-029960
Filed: 2026-07-29
Period: 2026-07-29
CIK: 0000874015
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — ef20078953_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ef20078953_ex99-1.htm)
GRAPHIC (image0.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: ef20078953_8k.htm · Sequence: 1
false0000874015The Nasdaq Stock Market, LLC00008740152026-07-292026-07-29
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 29, 2026
IONIS PHARMACEUTICALS, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
000-19125
33-0336973
(Commission File No.)
(IRS Employer Identification No.)
2855 Gazelle Court
Carlsbad, CA 92010
(Address of Principal Executive Offices and Zip Code)
Registrant’s telephone number, including area code: (760) 931-9200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Common Stock, $.001 Par Value
“IONS”
The Nasdaq Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On July 29, 2026, Ionis Pharmaceuticals, Inc. (the “Company”) issued a press release announcing the
Company’s financial results for the quarter ended June 30, 2026. In addition to disclosing results that are determined in accordance with Generally Accepted Accounting Principles (“GAAP”),
the Company also discloses pro forma or non-GAAP results of operations, which are adjusted from GAAP to exclude non-cash compensation expense related to equity awards and the related tax effects. The Company is presenting pro forma information
excluding non-cash compensation expense related to equity awards and the related tax effects because the Company believes it better enables financial statement users to assess and compare its historical performance and project its future operating
results and cash flows. A copy of the release is furnished with this report as an exhibit pursuant to “Item 2.02. Results of Operations and Financial Condition” of Form 8-K in accordance with SEC Release Nos. 33-8216 and 34-47583.
The information in this Current Report on Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of
1933 or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
Press Release dated July 29, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Ionis Pharmaceuticals, Inc.
Dated: July 29, 2026
By:
/s/ Patrick R. O’Neil
Patrick R. O’Neil
Executive Vice President, Chief Legal Officer and General Counsel
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ef20078953_ex99-1.htm · Sequence: 2
Exhibit 99.1
Ionis reports second quarter 2026 financial results and highlights progress on key programs
- TRYNGOLZA® (olezarsen) demonstrating early sHTG launch momentum, underscoring multi-billion-dollar revenue potential
in large patient population –
- Completed enrollment in Phase 3 REVEAL trial in Angelman syndrome -
- On track to achieve 2026 financial guidance -
CARLSBAD, Calif., July 29, 2026 – Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) (the “Company”) today reported financial results and provided key updates for the second quarter ended June 30, 2026.
“With the approval of TRYNGOLZA in late June, Ionis is bringing the first and only treatment to reduce triglycerides and acute pancreatitis to people living with severe
hypertriglyceridemia. We are encouraged by the early launch momentum and look forward to accelerating growth from TRYNGOLZA and our other wholly owned medicines in the quarters and years to come,” said Brett P. Monia, Ph.D., chief executive officer
of Ionis. “In the second half of this year, we expect multiple important milestones, including approval of zilganersen for Alexander disease, positioning us for our first independent launch from our leading neurology portfolio. We also expect results
from the landmark pelacarsen Lp(a) HORIZON cardiovascular outcomes trial and the global launch of bepirovirsen for chronic hepatitis B. With our advancing pipeline and growing commercial momentum, Ionis is on track to deliver accelerating value to
patients and all Ionis stakeholders.”
Second Quarter 2026 Summary Financial Results(1):
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
(amounts in millions)
Total revenue
$
268
$
452
$
514
$
584
Operating expenses
$
370
$
312
$
734
$
591
Operating expenses on a non-GAAP basis
$
325
$
282
$
645
$
532
Income (loss) from operations
$
(102
)
$
140
$
(220
)
$
(7
)
Income (loss) from operations on a non-GAAP basis
$
(57
)
$
170
$
(131
)
$
52
(1)
Reconciliation of GAAP to non-GAAP basis contained later in this release.
1
Second Quarter 2026 Financial Highlights
•
Revenue in the second quarter and first half of 2026 increased by 56% and 69% respectively, compared to the same
periods last year, excluding the one-time sapablursen upfront payment recognized in the second quarter of 2025, driven by continued commercial success and substantial R&D revenue from multiple partnerships
•
Operating expenses for the second quarter and first half of 2026 were in line with expectations and increased year over year primarily from investments related to the commercialization efforts for TRYNGOLZA and DAWNZERA and launch
preparations for zilganersen in Alexander disease
•
Ended the second quarter of 2026 with cash and short-term investments of $2.1 billion as of June 30, 2026, enabling continued investments to drive value in Ionis’ wholly owned portfolio
Second Quarter 2026 Financial Results
“Our performance in the first half of this year reflects the strength and resilience of our business. We delivered significantly increased commercial revenue from our
independent launches, substantial R&D revenue from multiple partnered medicines and invested in our advancing wholly owned pipeline,” said Elizabeth L. Hougen, chief financial officer of Ionis. “Even with the outcome of the CARDIO-TTRansform
study of eplontersen in ATTR-CM, our first-half execution and positive outlook for the second half of the year keep us on track to achieve our 2026 financial guidance. We also remain on track to achieve our goal of cashflow breakeven in 2028 and
deliver substantial growth and long-term value-creation.”
Recent Highlights - Wholly Owned Medicines
•
TRYNGOLZA® (olezarsen), the first FDA-approved treatment to reduce triglycerides and acute pancreatitis risk in adults with severe hypertriglyceridemia (sHTG) as an adjunct to diet
o
Generated U.S. net product sales of $5 million and $32 million in the second quarter and first half of 2026, respectively
■
Demonstrated continued strong demand in FCS, offset by the reduced net price effective April 1, 2026
■
On track to achieve full year 2026 product sales of $100-110 million, in line with revenues generated in 2025
o
sHTG U.S. launch demonstrating early momentum following June 2026 approval
o
FCS launch outside the U.S. underway; sHTG marketing application under review in the European Union (EU) with potential launch in 2027
o
Results from the CORE and CORE2 open-label extension study (CORE-OLE) will be presented at the European Society of Cardiology (ESC) Congress in August 2026
•
DAWNZERA® (donidalorsen), the first and only RNA-targeted prophylactic therapy for hereditary angioedema (HAE) in patients 12 years of age and older
o
Generated U.S. net product sales of $26 million and $42 million in the second quarter and first half of 2026, respectively; second quarter net product sales increased 63% compared to the first quarter of 2026
o
On track to achieve full year 2026 product sales of $110-120 million, representing a continuing driver of year-over-year revenue growth
o
Launch outside the U.S. underway, with new market approvals in the EU
2
•
Zilganersen on track to launch this year as the first and only medicine to demonstrate clinically meaningful and disease-modifying benefit in children and adults with Alexander disease (AxD), assuming approval
o
New Drug Application (NDA) under FDA Priority Review with PDUFA target action date of September 22, 2026
o
Entered a license agreement with Recordati to develop and commercialize zilganersen outside the U.S.
•
Obudanersen, a potential treatment for Angelman syndrome, completed enrollment in the Phase 3 REVEAL study, with data anticipated in the second half of 2027
•
ION775, a potential treatment for sHTG, entered a Phase 2 study in people with sHTG and moderately elevated triglycerides (HTG) based on Phase 1 results showing robust triglyceride lowering with potential for extended dosing intervals
o
Results from the Phase 1 study of ION775 will be presented at ESC in August 2026
Recent Highlights – Partnered Medicines
•
SPINRAZA® (nusinersen) for the treatment of spinal muscular atrophy (SMA) generated global sales of $402
million in the second quarter of 2026, resulting in royalty revenue of $54 million
•
WAINUA® (eplontersen) (WAINZUA in EU) for the treatment of adults
with polyneuropathy of hereditary transthyretin-mediated amyloidosis (ATTRv-PN) generated global sales of $70 million in the second quarter of 2026, resulting in royalty revenue of $16 million
o
Global WAINUA ATTRv-PN launches continuing with additional submissions in progress to further expand global WAINUA access
o
Phase 3 CARDIO-TTRansform study of eplontersen for the treatment of transthyretin-mediated amyloid cardiomyopathy (ATTR-CM) missed the primary composite endpoint in the overall population, demonstrated nominal significance in the
pre-specified monotherapy population, and a favorable safety and tolerability profile
o
Results from the CARDIO-TTRansform study will be presented at the ESC Congress in August 2026
•
Bepirovirsen, a potential first-in-class treatment of chronic hepatitis B (CHB), on track for global launch this year
o
Under regulatory review in multiple countries, including the U.S., EU, Japan, and China
o
Granted Priority Review in the U.S. and PDUFA target action date of October 26, 2026
o
Positive data from the Phase 3 B-Well studies showing unprecedented functional cure rates presented at the European Association for the Study of the Liver (EASL) Congress 2026
•
Salanersen, a potential treatment for SMA, entered Phase 3 development and granted Breakthrough Therapy Designation by the FDA, based on positive interim Phase 1 results demonstrating potential to achieve high efficacy with annual dosing
•
Sapablursen, a potential treatment for polycythemia vera, entered Phase 3 development based on positive Phase 2 data
•
Diranersen (IONIS-MAPTRx / BIIB080), a potential treatment for Alzheimer’s disease, demonstrated benefit in measures of cognition with favorable safety and tolerability in the Phase 2 CELIA study; Biogen plans to advance
diranersen into Phase 3 development
3
Revenue
Ionis’ revenue was comprised of the following:
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Revenue:
(amounts in millions)
Commercial revenue:
Product sales, net:
TRYNGOLZA sales, net
$
5
$
19
$
32
$
26
DAWNZERA sales, net
26
-
42
-
Total product sales, net
31
19
74
26
Royalty revenue:
SPINRAZA royalties
53
54
97
102
WAINUA royalties
16
10
27
20
Other royalties
7
6
10
12
Total royalty revenue
76
70
134
134
Other commercial revenue
12
14
18
19
Total commercial revenue
119
103
226
179
Research and development revenue:
Collaborative agreement revenue
133
337
254
382
WAINUA joint development revenue
16
12
34
23
Total research and development revenue
149
349
288
405
Total revenue
$
268
$
452
$
514
$
584
Commercial revenue for the second quarter and first half of 2026 increased 15% and 27%, respectively, compared to the same periods in 2025. This increase was primarily
driven by DAWNZERA product sales. Research and development revenue was also higher in the second quarter and first half of 2026, compared to the same periods in 2025, driven by multiple payments for programs advancing under its R&D
collaborations, and excluding the $280 million upfront payment for the global license of sapablursen to Ono Pharmaceutical Co., Ltd. the Company received in the second quarter of 2025.
Operating Expenses
Operating expenses for the second quarter and first half of 2026 increased year over year, in line with expectations, primarily from investments related to the
commercialization efforts for TRYNGOLZA and DAWNZERA and launch preparations for zilganersen in Alexander disease, with full-year expenses remaining on track for low-teens percentage growth year-over-year.
Balance Sheet
As of June 30, 2026, Ionis’ cash, cash equivalents and short-term investments decreased to $2.1 billion, compared to $2.7 billion on
December 31, 2025, primarily due to repayment of the 0% convertible notes on April 1, 2026.
4
Webcast and Other Updates
Management will host a conference call and webcast to discuss Ionis’ second quarter 2026 results at 8:30 a.m. Eastern time on Wednesday, July 29, 2026. Interested
parties may access the webcast here. A webcast replay will be available for a limited time at the same address. To access the Company’s second quarter 2026 earnings slides click here.
Ionis’ Marketed Medicines
TRYNGOLZA® (olezarsen): TRYNGOLZA was approved by the U.S. Food and Drug Administration as an adjunct to diet to reduce triglycerides (TG) and the risk of acute pancreatitis in
adults with severe hypertriglyceridemia (sHTG: TG ≥500 mg/dL) and as an adjunct to diet to reduce TG in adults with familial chylomicronemia syndrome (FCS). For more information about TRYNGOLZA, including the full U.S. Prescribing Information,
visit tryngolza.com.
DAWNZERA® (donidalorsen): DAWNZERA was approved by the U.S. Food and Drug Administration for prophylaxis to prevent attacks of hereditary angioedema (HAE) in adult and pediatric
patients 12 years of age and older. For more information about DAWNZERA, including the full U.S. Prescribing Information, visit dawnzera.com.
WAINUA® (eplontersen): WAINUA was approved by the U.S. Food and Drug Administration for the treatment of the polyneuropathy of hereditary
transthyretin-mediated amyloidosis in adults. For more information about WAINUA, including the full U.S. Prescribing Information, visit wainua.com.
For more information about SPINRAZA and QALSODY, visit https://www.spinraza.com/ and https://www.qalsody.com/, respectively. QALSODY is approved under
accelerated approval based on reduction in plasma neurofilament light chain (NfL) observed in patients treated with QALSODY. Continued approval may be contingent upon verification of clinical benefit in confirmatory trial(s).
About Ionis Pharmaceuticals, Inc.
For more than three decades, Ionis has invented medicines that bring better futures to people with serious diseases. Ionis currently has marketed medicines and a leading
pipeline in neurology, cardiometabolic disease and select areas of high patient need. As the pioneer in RNA-targeted medicines, Ionis continues to drive innovation in RNA therapies in addition to advancing new approaches in gene editing. A deep
understanding of disease biology and industry-leading technology propels our work, coupled with a passion and urgency to deliver life-changing advances for patients. To learn more about Ionis, visit Ionis.com and follow us on X (Twitter),
LinkedIn and Instagram.
Ionis Forward-looking Statements
This press release includes forward-looking statements regarding Ionis’ business, financial guidance and the therapeutic and commercial potential of our commercial
medicines, additional medicines in development, technologies and our expectations regarding development and regulatory milestones. Any statement describing Ionis’ goals, expectations, financial or other projections, intentions or beliefs is a
forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties including those inherent in the process of discovering, developing and commercializing medicines that are safe and
effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Ionis’ forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ
materially from those expressed or implied by such forward-looking statements. Although Ionis’ forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by
Ionis. Except as required by law, we undertake no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Ionis’ programs are
described in additional detail in Ionis’ annual report on Form 10-K for the year ended December 31, 2025, and most recent Form 10-Q, which are on file with the Securities and Exchange Commission. Copies of these and other documents are available from
the Company.
5
In this press release, unless the context requires otherwise, “Ionis,” “Company,” “we,” “our” and “us” all refer to Ionis Pharmaceuticals and its subsidiaries.
Ionis Pharmaceuticals® is a registered trademark of Ionis Pharmaceuticals, Inc. TRYNGOLZA® is a registered trademark of Ionis Pharmaceuticals, Inc.
DAWNZERA® is a trademark of Ionis Pharmaceuticals, Inc. AKCEATM is a trademark of Akcea Therapeutics, Inc. TEGSEDITM is a trademark of Akcea Therapeutics, Inc. WAYLIVRATM is a trademark of Akcea
Therapeutics, Inc. SPINRAZA® and QALSODY® are registered trademarks of Biogen. WAINUA® is a registered trademark of the AstraZeneca group of companies.
Ionis Investor Contact:
D. Wade Walke, Ph.D.
IR@ionis.com
760-603-2331
Ionis Media Contact:
Hayley Soffer
media@ionis.com
760-603-4679
6
IONIS PHARMACEUTICALS, INC.
SELECTED FINANCIAL INFORMATION
Condensed Consolidated Statements of Operations
(In Millions, Except Per Share Data)
Three months ended
Six months ended
June 30,
June 30,
2026
2025
2026
2025
(unaudited)
Revenue:
Commercial revenue:
Product sales, net
$
31
$
19
$
74
$
26
Royalty revenue
76
70
134
134
Other commercial revenue
12
14
18
19
Total commercial revenue
119
103
226
179
Research and development revenue:
Collaborative agreement revenue
133
337
254
382
WAINUA joint development revenue
16
12
34
23
Total research and development revenue
149
349
288
405
Total revenue
268
452
514
584
Expenses:
Cost of sales
3
4
6
6
Research, development and patent
217
217
427
418
Selling, general and administrative
150
91
301
167
Total operating expenses
370
312
734
591
Income (loss) from operations
(102
)
140
(220
)
(7
)
Other income (expense):
Interest expense related to the sale of future royalties
(18
)
(19
)
(35
)
(37
)
Other income, net
6
3
49
21
Income (loss) before income tax benefit (expense)
(114
)
124
(206
)
(23
)
Income tax benefit (expense)
(1
)
-
(1
)
-
Net income (loss)
$
(115
)
$
124
$
(207
)
$
(23
)
Basic net income (loss) per share
$
(0.69
)
$
0.78
$
(1.25
)
$
(0.15
)
Diluted net income (loss) per share
$
(0.69
)
$
0.70
$
(1.25
)
$
(0.15
)
Shares used in computing basic net income (loss) per share
165
159
165
159
Shares used in computing diluted net income (loss) per share
165
182
165
159
7
IONIS PHARMACEUTICALS, INC.
Reconciliation of GAAP to Non-GAAP Basis:
Condensed Consolidated Operating Expenses, Income (Loss) From Operations, and Net Income (Loss)
(In Millions)
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
(unaudited)
As reported cost of sales according to GAAP
$
3
$
4
$
6
$
6
Excluding compensation expense related to equity awards (1)
-
-
-
-
Non-GAAP cost of sales
$
3
$
4
$
6
$
6
As reported research, development and patent expenses according to GAAP
$
217
$
217
$
427
$
418
Excluding compensation expense related to equity awards
(25
)
(20
)
(50
)
(40
)
Non-GAAP research, development and patent expenses
$
192
$
197
$
377
$
378
As reported selling, general and administrative expenses according to GAAP
$
150
$
91
$
301
$
167
Excluding compensation expense related to equity awards
(20
)
(10
)
(39
)
(19
)
Non-GAAP selling, general and administrative expenses
$
130
$
81
$
262
$
148
As reported operating expenses according to GAAP
$
370
$
312
$
734
$
591
Excluding compensation expense related to equity awards
(45
)
(30
)
(89
)
(59
)
Non-GAAP operating expenses
$
325
$
282
$
645
$
532
As reported income (loss) from operations according to GAAP
$
(102
)
$
140
$
(220
)
$
(7
)
Excluding compensation expense related to equity awards
(45
)
(30
)
(89
)
(59
)
Non-GAAP income (loss) from operations
$
(57
)
$
170
$
(131
)
$
52
As reported net income (loss) according to GAAP
$
(115
)
$
124
$
(207
)
$
(23
)
Excluding compensation expense related to equity awards and related tax effects
(45
)
(30
)
(89
)
(59
)
Non-GAAP net income (loss)
$
(70
)
$
154
$
(118
)
$
36
(1)
Amounts appear as zero due to rounding in millions.
8
Reconciliation of GAAP to Non-GAAP Basis
As illustrated in the Selected Financial Information in this press release, non-GAAP operating expenses, non-GAAP income (loss) from operations, and non-GAAP net income
(loss) were adjusted from GAAP to exclude compensation expense related to equity awards and the related tax effects. Compensation expense related to equity awards are non-cash. These measures are provided as supplementary information and are not a
substitute for financial measures calculated in accordance with GAAP. Ionis reports these non-GAAP results to better enable financial statement users to assess and compare its historical performance and project its future operating results and cash
flows. Further, the presentation of Ionis’ non-GAAP results is consistent with how Ionis’ management internally evaluates the performance of its operations.
9
IONIS PHARMACEUTICALS, INC.
Condensed Consolidated Balance Sheets
(In Millions)
June 30,
December 31,
2026
2025
(unaudited)
Assets:
Cash, cash equivalents and short-term investments
$
2,055
$
2,677
Contracts receivable
59
66
Other current assets
378
247
Property, plant and equipment, net
155
123
Right-of-use assets
232
239
Other assets
116
172
Total assets
$
2,995
$
3,524
Liabilities and stockholders’ equity:
Current portion of deferred contract revenue
$
74
$
74
0% convertible senior notes due April 2026, net – current
-
432
Other current liabilities
242
277
0% convertible senior notes due 2030, net
753
751
1.75% convertible senior notes due 2028, net
569
568
Liability related to sale of future royalties, net
563
551
Long-term lease liabilities
262
262
Long-term obligations, less current portion
29
28
Long-term deferred contract revenue
63
92
Total stockholders’ equity
440
489
Total liabilities and stockholders’ equity
$
2,995
$
3,524
10
Key 2026 Value Driving Events(1)
New Product Launches
Program
Indication
Location
Status
DAWNZERA
HAE
EU
Achieved
Olezarsen
sHTG
U.S.
Achieved
Zilganersen
Alexander disease
U.S.
•
Bepirovirsen
CHB
U.S. & Japan
•
Regulatory Actions
Program
Indication
Regulatory Action
Status
Donidalorsen
HAE
EU approval decision
Achieved
Olezarsen
sHTG
U.S. approval decision
Achieved
EU approval decision
•
Zilganersen
Alexander disease
U.S. submission
Achieved
U.S. approval decision
•
Nusinersen
(high dose)
SMA
EU approval decision
Achieved
U.S. approval decision
Achieved
Eplontersen
ATTR-CM
Regulatory submission(s)
•
Bepirovirsen
CHB
Regulatory submission(s)
Achieved
Regulatory decision(s)
•
Pelacarsen
Lp(a)- CVD
U.S. submission
•
Key Phase 3 Clinical Events
Program
Indication
Event
Status
Obudanersen
Angelman syndrome
REVEAL fully enrolled
Achieved
Bepirovirsen
HBV
B-Well data
Achieved
Pelacarsen
Lp(a)-CVD
Lp(a) HORIZON data
•
Eplontersen
ATTR-CM
CARDIO-TTRansform data
Not Achieved
Sefaxersen
IgAN
IMAGINATION data
•
Ulefnersen
FUS-ALS
FUSION data
•
Salanersen
SMA
Phase 3 initiation
Achieved
Sapablursen
Polycythemia Vera
Phase 3 initiation
Achieved
Key Phase 2 Clinical Events
Program
Indication
Event
Status
Diranersen
Alzheimer’s disease
Phase 2 CELIA data
Achieved
Tominersen
Huntington’s disease
Phase 2 data
Not Achieved
Tonlamarsen
Acute Severe Hypertension
Phase 2 data
Achieved
(1)
Timing expectations based on current assumptions and subject to change.
•
Indicates that the milestone is anticipated in 2026.
# # #
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Filename: R1.htm · Sequence: 8
v3.26.1
Document and Entity Information
Jul. 29, 2026
Cover [Abstract]
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Jul. 29, 2026
Entity File Number
000-19125
Entity Registrant Name
IONIS PHARMACEUTICALS, INC.
Entity Central Index Key
0000874015
Entity Incorporation, State or Country Code
DE
Entity Tax Identification Number
33-0336973
Entity Address, Address Line One
2855 Gazelle Court
Entity Address, City or Town
Carlsbad
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
92010
City Area Code
760
Local Phone Number
931-9200
Title of 12(b) Security
Common Stock, $.001 Par Value
Trading Symbol
IONS
Security Exchange Name
NASDAQ
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