Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

Ionis Pharmaceuticals' Zilganersen Shows Positive Results in Alexander Disease Study

Ionis Pharmaceuticals said its investigational drug zilganersen produced additional positive results in a pivotal study in Alexander disease, showing gains across gait, gross motor function and multiple patient* and clinician-reported measures ahead of an FDA decision due Sept. 22, 2026.

In the 60-week double-blind portion of the phase 1-3 study, zilganersen met its main endpoint in patients age 5 and older, with a 33.3% least-square mean difference in gait speed on the 10-meter walk test versus control at week 61. In children ages 2 to 4, the Gross Motor Function Measure-88 showed a 22.9-point least-square mean difference versus control.

On symptom measures, 32% of patients on zilganersen said their most bothersome symptom was “much better,” versus 0% on control. Only 5% on zilganersen said it was “much worse,” compared with 31% on control.

For overall disease severity, 83% of patients on zilganersen reported improvement or no change, versus 76% on control. Worsening was reported by 17% on zilganersen and 24% on control.

On overall change, 21% of patients on zilganersen said they felt “much better,” compared with 0% on control. Just 4% said they felt “much worse,” versus 18% on control.

Clinicians rated 75% of zilganersen-treated patients as improved or unchanged, compared with 47% on control. They rated 25% of zilganersen patients as “a little worse” and 0% as “much worse,” versus 41% and 12% on control, respectively.

Ionis said exploratory testing showed plasma GFAP levels fell 33.6% at week 61 versus control.

The study enrolled 53 people with Alexander disease ages 2 to 53 years in the pivotal analysis, with 54 participants enrolled overall across 13 sites in eight countries. Ionis said serious treatment-emergent adverse events occurred in 37.5% of patients receiving zilganersen 25 mg or 50 mg, compared with 47.1% in pooled control. As a result of these announcements, the company's shares have moved 2.12% on the market, and are now trading at a price of $74.24. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS