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Pomerantz investigates Ionis Pharmaceuticals after trial failure causes 24% stock drop

Market News
14 Jul 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating claims on behalf of investors of Ionis Pharmaceuticals following the failure of the Phase-3 CARDIO-TTransform trial for Wainua, a treatment for amyloid cardiomyopathy developed with AstraZeneca. Ionis disclosed on July 9, 2026, that the trial did not meet its primary endpoint, leading to a 23.9% drop in its stock price. The investigation focuses on whether Ionis and its officers engaged in securities fraud or other unlawful practices. Investors affected by the stock drop are encouraged to contact Pomerantz LLP for potential class action participation.

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