Ionis to Seek Expedited FDA Review for ALS Drug

9/22/2026
Impact: 85
Healthcare

Ionis Pharmaceuticals Inc. (NASDAQ: IONS) and Otsuka announced positive topline results from their Phase 3 FUSION trial for ulefnersen, an investigational treatment for amyotrophic lateral sclerosis (ALS) caused by FUS gene mutations. The trial met its primary endpoint, showing significant improvements in functional impairment and survival compared to placebo. Otsuka plans to discuss expedited FDA review pathways for ulefnersen, which is the first treatment targeting the genetic cause of FUS-ALS. Ionis shares rose 0.88% to $45.29, near their 52-week low.

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