Report
EUR 13.82 For Business Accounts Only

Increased risk weighs on IONIS PHARMACEUTICALS, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of IONIS PHARMACEUTICALS (US), active in the Biotechnology industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date December 21, 2021, the closing price was USD 32.63 and its target price was estimated at USD 23.58.
Underlying
Ionis Pharmaceuticals Inc.

Ionis Pharmaceuticals is engaged in discovering and developing RNA-targeted therapeutics. The company has two commercial medicines, SPINRAZA and TEGSEDI. SPINRAZA (nusinersen) injection for intrathecal use is a survival motor neuron-2, directed antisense oligonucleotide indicated for the treatment of spinal muscular atrophy in pediatric and adult patients. TEGSEDI (inotersen) injection is a Generation 2+ antisense medicine and an approved subcutaneous RNA-targeting medicine designed to treat people with polyneuropathy caused by hereditary transthyretin amyloidosis.

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