IONIS PHARMACEUTICALS, INC. (NASDAQ:IONS) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition.
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issued a press release announcing the Companys financial results
for the quarter and fiscal year ended December 31, 2016. In
addition to disclosing results that are determined in accordance
with Generally Accepted Accounting Principles (GAAP), the Company
also discloses pro forma or non-GAAP results of operations, which
are adjusted from GAAP to exclude non-cash compensation related
to stock awards. The Company is presenting pro forma information
excluding non-cash compensation because the Company believes it
is useful for investors in assessing the Companys operating
results compared to the prior year. A copy of the release is
furnished with this report as an exhibit to Item 2.02. Results of
Operations and Financial Condition of Form 8-K in accordance with
SEC Release Nos. 33-8216 and 34-47583.
Exhibit attached hereto shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934 (the Exchange
Act) or otherwise subject to the liabilities of that section, nor
shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933 or the Exchange Act, regardless of any
general incorporation language in such filing.
| Item 9.01. |
Financial Statements and Exhibits.
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(d)
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Exhibits.
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99.1
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Press Release dated February 28, 2017.
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About IONIS PHARMACEUTICALS, INC. (NASDAQ:IONS)
Ionis Pharmaceuticals, Inc., formerly Isis Pharmaceuticals, Inc., is engaged in discovering and developing ribonucleic acid-targeted (RNA-targeted) therapeutics. The Company operates through two segments: Ionis Core and Akcea Therapeutics. The Company’s Ionis Core segment is developing a drug discovery platform. The Company’s Akcea Therapeutics segment consists of the operations of its subsidiary, Akcea Therapeutics, Inc., which develops and commercializes drugs for cardiometabolic disorders. The Company is developing transformational drugs, which include nusinersen, IONIS-TTR and volanesorsen that are designed to treat patients with orphan diseases. In addition to its Phase III programs, the Company has a pipeline of drugs in Phase II development, which includes IONIS-FXI and IONIS-APO(a)-L. Its Phase II pipeline includes drugs to treat patients with severe and rare diseases, viral infections, ocular diseases, metabolic disorders and cardiovascular diseases. IONIS PHARMACEUTICALS, INC. (NASDAQ:IONS) Recent Trading Information
IONIS PHARMACEUTICALS, INC. (NASDAQ:IONS) closed its last trading session up +3.26 at 47.85 with 1,956,824 shares trading hands.