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TRYNGOLZA® (olezarsen) recommended for approval in the EU by CHMP for familial chylomicronemia syndrome (FCS)

1. Ionis Pharmaceuticals received positive CHMP opinion for TRYNGOLZA® approval. 2. European Commission's decision expected by Q4, potentially boosting IONS.

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Why Bullish?

The positive CHMP opinion could indicate strong market reception. Historically, similar approvals have led to stock price increases.

How important is it?

The potential approval impacts IONS's market position and revenue forecasts significantly.

Why Short Term?

The expected EC decision by Q4 creates immediate investor interest and implications for near-term stock performance.

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CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) and Sobi® today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted a positive opinion of TRYNGOLZA® (olezarsen) as an adjunct to diet in adult patients for the treatment of genetically confirmed familial chylomicronemia syndrome (FCS). The positive opinion is now referred to the European Commission (EC) for an approval decision, which is expected by Q4.

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