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Ionis Reaches Milestone in Biogen Neurology Pact

Paid $10 million for advancing a new program in its neurology collaboration

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Ionis Pharmaceuticals has earned a $10 million milestone payment from Biogen associated with the validation of an undisclosed neurological disease target. Ionis and Biogen have a broad strategic collaboration to develop drugs to treat patients with neurological disorders. Ionis will continue to evaluate this newest target with the goal of advancing this program into development. “We continue to make substantial progress in validating new targets and developing new drugs for neurological...

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