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Ionis Pharmaceuticals — Jan 12, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-26-000893
Open on SEC.gov ↗
Showing in the filing
Cash flow breakeven target
“achieve cash flow breakeven in 2028”
Period
FY2028
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
TRYNGOLZA (olezarsen) annual peak net sales … for FY2025
“>$2B”
Cash flow breakeven target for FY2028
“achieve cash flow breakeven in 2028”
Olezarsen peak net sales
“Increasing annual olezarsen peak net sales guidance to >$2 billion from >$1 billion based on strong product profile and positive Phase 3 data”
Exhibit 99.1 · the passage around this item
… earlier in the release
“This momentum is further bolstered by the promise of our late-stage Ionis owned and partnered programs, with a total of five Phase 3 readouts and four NDA submissions anticipated this year. With strong execution and multiple key catalysts expected, Ionis is well-positioned to deliver accelerating revenue growth to achieve cash flow breakeven in 2028.” Preliminary TRYNGOLZA ® (olezarsen) 2025 Full Year U.S. Net Sales • TRYNGOLZA outperformed expectations as the first U.S. Food and Drug Administration (FDA)-approved treatment for familial chylomicronemia syndrome (FCS), generating $105* million in preliminary U.S. net product sales in 2025 2026 Anticipated Highlights   Include : Ionis Owned Programs • Potential approval and launch of olezarsen as the new standard of care for severe hypertriglyceridemia (sHTG) o Submitted U.S. Supplemental New Drug Application (sNDA), following receipt of Breakthrough Therapy Designation ■ Olezarsen achieved a highly statistically significant placebo-adjusted reduction of up to 72% in fasting triglycerides and an 85% reduction in acute pancreatitis events with favorable safety and tolerability in pivotal Phase 3 CORE and CORE2 studies o Increasing annual olezarsen peak net sales guidance to >$2 billion from >$1 billion based on strong product profile and positive Phase 3 data 1 • Continued early positive momentum with the launch
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.