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Stock impact report

Rocket to sell PRV for $180m to advance gene therapy pipeline [Yahoo! Finance]

Rocket Pharmaceuticals, Inc. (RCKT) 
Last rocket pharmaceuticals, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: rocketpharma.com
Company Research Source: Yahoo! Finance
The PRV was awarded after the US Food and Drug Administration (FDA) granted accelerated approval for the Kresladi (marnetegragene autotemcel) gene therapy. Kresladi comprises the patient's own haematopoietic stem cells that are genetically modified to introduce functional copies of the ITGB2 gene. Rocket Pharmaceuticals expects to use the proceeds to support its cardiovascular gene therapy projects. These include clinical-stage studies for Danon disease, PKP2-associated arrhythmogenic cardiomyopathy (PKP2-ACM), and BAG3-associated dilated cardiomyopathy (BAG3-DCM). A PRV is issued by the FDA to sponsors whose products address certain rare paediatric diseases. PRV holders may use it to seek an accelerated review for another marketing application or sell the voucher to a different sponsor. In February 2026, the programme was reauthorised, extending the availability of PRVs for qualifying therapies and maintaining incentives for rare paediatric drug development. Rocket Pha Show less Read more
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