GSK awards milestone payment to Isis Pharmaceuticals to develop ISIS-GSK4Rx for ocular disease

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Isis Pharmaceuticals, Inc.Oct 1 2014

Isis Pharmaceuticals, Inc. (NASDAQ: ISIS) announced today that it has earned a $1.5 million milestone payment from GSK related to the advancement of the program to develop ISIS-GSK4_Rx to treat an undisclosed ocular disease.

"Our collaboration with GSK has been very productive resulting in four drugs in development," said B. Lynne Parshall, chief operating officer at Isis. "We look forward to advancing ISIS-GSK4_Rx into clinical development and providing more information on the target and disease opportunity, which we are very excited about."

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Isis Pharmaceuticals, Inc.

Posted in: Business / Finance | Disease/Infection News

Tags: Antisense, Cancer, Drugs, Pharmaceuticals

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