AstraZeneca PLC has inked a development and commercialization deal for Ionis Pharmaceuticals, Inc.’s advanced antisense asset eplontersen, just a day after analysts at Jefferies downgraded the UK major for its lack of upcoming development events.
AstraZeneca Boosts Rare Disease Pipeline With Ionis Antisense Candidate
Pays $200m Upfront
AstraZeneca has bulked up its late-stage pipeline with an agreement for Ionis’s eplontersen which is in trials for two rare diseases, quelling some analysts’ fears about the scarcity of catalysts for next year.
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