Isis upbeat on prospects for US Kynamro approval and promising pipeline
This article was originally published in Scrip
Executive Summary
Following an upbeat second quarter earnings report on 6 August and guidance for the rest of the year, antisense drug developer Isis Pharmaceuticals announced an offering of $175 million of convertible senior notes to repurchase debt previously issued by the company, to repurchase or redeem existing convertible notes and for general expenses.