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Stock impact report

Why Sangamo Therapeutics, Inc. Sank Again Today [The Motley Fool]

Sangamo Therapeutics, Inc. (SGMO) 
Last sangamo therapeutics, inc. earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sangamo.com
Company Research Source: The Motley Fool
Disappointing interim results for its gene-editing therapy continued to weigh on the biotech stock. Keith Speights ( TMFFishBiz ) Sep 6, 2018 at 5:00PM What happened Shares of Sangamo Therapeutics, Inc. ( NASDAQ:SGMO ) were down 10.5% as of 3:34 p.m. EDT on Thursday. This marked the second consecutive day of double-digit percentage declines following the biotech's interim update from a phase 1/2 clinical study evaluating SB-913 in treating Hunter syndrome, which is also known as mucopolysaccharidosis type II (MPS II). Sangamo's update disappointed investors because SB-913 didn't demonstrate solid efficacy.  So what There are two primary reasons why the SB-913 interim update was such a letdown for investors. First, the study is the first to use zinc-finger nuclease (ZFN) in vivo (inside the body) gene editing in humans. There were high exp Show less Read more
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