Report
Kelsey Tsai
EUR 101.80 For Business Accounts Only

Ionis' 4Q Spinraza Growth and Progressing Late-Stage Pipeline Offset by Increased Operating Costs

After Ionis’ fourth-quarter results, we are reiterating our $47 per share fair value estimate. Faster-than-expected uptake of Spinraza in patients with spinal muscular atrophy drove the company’s outperformance in the quarter. Looking ahead to 2018, we anticipate that our increased Spinraza forecasts will be offset by higher operating costs as the company and its majority-owned subsidiary Akcea prepare for two potential drug launches and support a growing pipeline. We model full-year operating e...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Kelsey Tsai

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