Ionis Gets FDA Approval for Rare Disease Drug Tryngolza
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Ionis Pharmaceuticals has received FDA approval for Tryngolza, the first treatment for familial chylomicronemia syndrome (FCS). This marks Ionis' first wholly-owned drug to gain marketing approval.
December 20, 2024 | 2:30 pm
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Ionis Pharmaceuticals' Tryngolza has been approved by the FDA, marking a significant milestone as the first treatment for FCS and the company's first wholly-owned drug to receive marketing approval.
The FDA approval of Tryngolza is a major achievement for Ionis Pharmaceuticals, as it is the first treatment for FCS and the company's first wholly-owned drug to receive marketing approval. This is likely to positively impact Ionis' stock price in the short term due to the potential for increased revenue and market confidence.
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