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Olezarsen Slashes Triglycerides, Boosts Ionis Stock 34.8%

9/2/2025

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Story summary
  • Ionis Pharmaceuticals' experimental drug, olezarsen, reduced triglycerides by up to 72% in severe hypertriglyceridemia patients.
  • Patients saw an 85% decrease in pancreatitis events compared to placebo.
  • The company intends to seek FDA approval for olezarsen by the end of the year.
  • Following the announcement, Ionis stock rose nearly 34.8%.