Seeking Alpha

Isis Pharma earns milestone payment from Biogen

Isis Pharmaceuticals (ISIS) initiates a Phase 1 study for antisense ISIS-DMPKrx, a treatment for Myotonic Dystrophy Type 1 (DM1) and earns a $14M milestone payment from Biogen Idec (BIIB). ISIS-DMPKrx is designed to reduce the production of toxic dystrophia myotonica-protein kinase RNA in cells.

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Comments (1)
  • chicagomary
    , contributor
    Comments (238) | Send Message
    nice news on $ISIS. They have 3 or 4 projects with $BIIB. $BIIB will probably buy $ISIS but I hope not soon;it should be worth much more in a couple years.
    9 Jun 2014, 10:12 AM Reply Like
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