Ionis Pharmaceuticals (IONS) Soars 17.32% on FDA Approval
Ionis Pharmaceuticals (IONS) surged 17.32% in pre-market trading on September 2, 2025, driven by significant developments in its drug pipeline and regulatory approvals.
Ionis Pharmaceuticals received FDA approval for its hereditary angioedema (HAE) drug, marking a major milestone for the company. This approval is expected to boost the company's revenue and market position. Additionally, Piper SandlerPIPR-- has lifted its target price for Ionis PharmaceuticalsIONS--, reflecting the positive outlook on the company's prospects.
Another key development is the FDA's decision on Donidalorsen, an investigational RNA-targeted medicine developed by Ionis Pharmaceuticals. The decision, expected on August 21, 2025, could further impact the company's stock performance. Donidalorsen is a promising drug that targets specific RNA sequences, offering potential therapeutic benefits for various diseases.

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