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Isis earns $7.5M milestone on PhII/III trial launch

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Carlsbad, CA-based Isis Pharmaceuticals ($ISIS) nabbed a $7.5 million milestone payment from GlaxoSmithKline ($GSK) on the launch of a Phase II/III clinical study for ISIS-TTR, an antisense drug in development for the treatment of transthyretin amyloidosis, a severe and rare genetic disease characterized by progressive dysfunction of peripheral nerve and heart tissues. Release