Ionis pharma director Loscalzo sells $82k in shares

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Ionis Pharmaceuticals director Joseph Loscalzo sold 1,032 shares of common stock for approximately $82,832 and exercised options to acquire the same number of shares for $39,277. The company, which has a market cap of $12.44 billion, has seen its stock surge 122.7% over the past year despite profitability challenges. Ionis is also advancing with a supplemental New Drug Application for olezarsen and presenting new data on DAWNZERA, while analysts have adjusted price targets based on recent updates and upcoming clinical readouts.

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