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0 -0.00460058552906731 0.00376411543287327 0.00710999581764959 0.0246758678377248 0.0179841070681723 0.014219991635299 0.0238393977415308
Stock impact report

Solid Biosciences (SLDB) Falls Despite FDA Rare Tag for DMD Drug [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
candidate, SGT-003, which is being developed as a gene therapy for Duchenne muscular dystrophy (DMD). The Rare Pediatric Disease designation is granted by the FDA to medicines that treat serious or life-threatening diseases, usually affecting less than 200,000 children in the United States aged 18 years and less. Upon potential approval for SGT-003 by the FDA, the company may become eligible to receive a priority review voucher. This priority review voucher can be used either by SLDB in a subsequent marketing application filed with the FDA for a different product or may even be sold to any other third party to boost cash reserves. Despite the positive regulatory update for the DMD candidate, shares of the company were down 6.6% on Apr 1. However, the stock recovered soon after and was up 2% in after-hours trading on Monday. Year to date, shares of Solid Biosciences have skyrocketed 102.6% compared with the industry's increase of 0.4%. Image Source: Zacks Investment Research Show less Read more
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