The RNA-drug developer, which is buying the approximately 24% of Akcea it doesn't already own for around $500m, highlighted the maturing pipeline in a cardiovascular overview.
Ionis Pharmaceuticals, Inc. is fully buying out its cardiovascular-focused subsidiary Akcea Therapeutics, Inc. just as the affiliate's pipeline matures into late-stage development. Ionis announced on 31 August that it will buy the roughly 24% of Akcea it doesn't already own for $18.15 per share, or approximately $500m.
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Pipelines in bioconjugates continue to develop, from ADCs to XDCs, with radionuclide drug conjugates (RDCs) and antibody-oligonucleotide conjugates (AOCs) leading the expansion.
Interim results from the Phase III REMARK study presented at WCLC showed the Chinese company’s second-generation ALK/ROS1 inhibitor met its primary endpoint as a first-line therapy in ALK-positive advanced NSCLC.
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