Ionis Regains Rights To Thrombosis Candidate From Bayer

Ionis Regains Rights To Thrombosis Candidate From Bayer
  • Ionis Pharmaceuticals Inc IONS announced results from the Phase 2b RE-THINC ESRD study of fesomersen to reduce the production of Factor XI (FXI) for the prevention of thrombosis.
  • Ionis to regain rights to fesomersen from Bayer AG BAYRY
  • The RE-THINC ESRD study evaluated fesomersen in patients with end-stage renal disease (ESRD) on hemodialysis.
  • In the study, fesomersen achieved its primary endpoint, demonstrating no increase in the incidence of the composite of major bleeding and clinically relevant non-major (CRNM) bleeding with 24 weeks of treatment. 
  • Related: There's 'Outsized' Risk-Reward For This Biotech, Morgan Stanley Says, Predicting Shares Could Grow More Than 30%.
  • Fesomersen also achieved dose-dependent and sustained median reductions in steady-state FXI levels of 53.1%, 72.2%, and 86.6% in the 40 mg, 80 mg, and 120 mg doses of fesomersen, respectively, administered once every four weeks. 
  • Incidences of dialysis circuit clotting and AV-access thrombosis diminished significantly with decreasing FXI levels, both of which were exploratory efficacy endpoints. 
  • Fesomersen showed favorable safety and tolerability.
  • Price Action: IONS shares are down 2.46% at $43.40 on the last check Friday.

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