Possible factors behind Sarepta’s DMD miss
And what it means, if anything, for its next gene therapies
Sarepta believes the functional endpoint miss in a Phase II trial of its Duchenne muscular dystrophy gene therapy candidate is due to a randomization issue, but investors may be reading the negative result through to its broader gene therapy platform.
Sarepta Therapeutics Inc. (NASDAQ:SRPT) fell 50% to $84.45 in after-hours trading on Thursday after reporting SRP-9001 met the biological endpoint in the SRP-9001-102 trial, although with lower expression than expected, and missed the primary functional endpoint. ...
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