10 Stocks With Huge Catalysts on the Horizon

5. Ionis Pharmaceuticals, Inc. (NASDAQ:IONS)

Number of Hedge Fund Holders: 43

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) is one of the Stocks With Huge Catalysts on the Horizon. On July 25, Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) announced that the European Medicines Agency’s CHMP has given a positive opinion for its TRYNGOLZA.

The drug is recommended as an add-on to diet for adults with genetically confirmed familial chylomicronemia syndrome. The disease causes very high triglyceride levels and increases the risk of severe pancreatitis. Management noted that this positive opinion is a step forward towards European Commission approval, which is expected by the end of 2025.

The drug has already been approved in the United States, and the phase 3 Balance study showed that TRYNGOLZA significantly reduced triglyceride levels and acute pancreatitis events.

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) develops RNA-targeted medicines for serious diseases, including neurological, cardiovascular, and rare genetic disorders.