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Pfizer and Ionis announce discontinuation of vupanorsen clinical development program

Key Takeaway: Pfizer and Ionis announce discontinuation of vupanorsen clinical development program
Price reaction · baseline $31.68 (2022-01-28 close) · clean, no other IONS news in the window
day 0 close
+0.4%
day 1
-0.5%
day 3
-1.9%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+24%
120-day peak, hindsight
Typical move
4.1%
average across 11 past catalysts
Lead asset
ISIS 113715
Phase 2 · Type 2 Diabetes Mellitus

Full Press Release Details

NEW YORKandCARLSBAD, Calif.,Jan. 31, 2022/PRNewswire/ --Pfizer Inc.(NYSE:PFE) and Ionis Pharmaceuticals, Inc.(NASDAQ:IONS) today announced the discontinuation of the Pfizer-led clinical development program for vupanorsen (PF-07285557), an investigational antisense therapy that was being evaluated for potential indications in cardiovascular (CV) risk reduction and severe hypertriglyceridemia (SHTG).
Last updated: Jan 31, 2022