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Stock impact report

Solid Biosciences (SLDB) Rises 271% in 3 Months: Here's Why [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
In November 2023, the FDA cleared the company's investigational new drug (IND) application to begin clinical studies on its novel gene therapy candidate, SGT-003, for the treatment of Duchenne Muscular Dystrophy (DMD). 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 rationally designed capsid (AAV-SLB101). The IND clearance was based on encouraging data from a pre-clinical study of SGT-003. In the pre-clinical study, SGT-003 demonstrated increased biodistribution to cardiac and skeletal muscle, including the diaphragm, compared with AAV9 in nonhuman primates. This could have been one of the factors driving the stock's rise in the said time frame. Image Source: Zacks Investment Research Following the IND clearance by the regulatory body, Solid Biosciences is planning to begin the phase I/II SGT-003-101 study, which will evaluate the safety and tolerability of Show less Read more
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