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0 -0.00602409638554225 -0.00481927710843385 -0.0144578313253013 -0.0108433734939759 -0.0060120481927712 0.00481927710843363 -0.0108433734939759
Stock impact report

Solid Biosciences' (SLDB) DMD Drug Gets Orphan Tag, Stock Up [Yahoo! Finance]

Solid Biosciences Inc. (SLDB) 
Last solid biosciences inc. earnings: 8/14 07:25 am Check Earnings Report
US:NASDAQ Investor Relations: investors.solidbio.com/investor-relations
Company Research Source: Yahoo! Finance
is being developed as a gene therapy for Duchenne muscular dystrophy (DMD). The FDA grants the orphan drug designation to support the development of medicines for rare disorders that affect fewer than 200,000 patients in the United States. The orphan drug designation will grant Solid Biosciences market exclusivity for SGT-003 in the treatment of DMD for a predefined time period, along with the exemption of FDA application fees and tax credits for qualified clinical studies, all subject to approval. The company's stock jumped 3.8% in the last trading session and 4.4% in the after-market hours on Tuesday as the investors cheered the encouraging regulatory update for the DMD candidate. Over the past year, shares of SLDB have gained 9.4% against the industry's 12.2% decline. Image Source: Zacks Investment Research DMD is a progressive and degenerative disorder that leads to weakness and wasting of the body's muscles. The candidate is being developed using SLDB's proprietary and ra Show less Read more
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