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Stock impact report

Sarepta expected, but is disappointed by European regulators decision on DMD treatment [MarketWatch]

Sarepta Therapeutics, Inc. (SRPT) 
Last sarepta therapeutics, inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
Sarepta expected, but is disappointed by European regulators decision on DMD treatment Sarepta Therapeutics Inc. SRPT, +0.58% said Friday that the Committee for Medicinal Products for Human Use (CHMP) European Medicines Agency (EMA) upheld the negative opinion for the company's conditional marketing application for eteplirsen, for the treatment of Duchenne muscular dystrophy. The stock was still inactive in premarket trade. "While largely anticipated, we are disappointed with the outcome of the CHMP re-examination and firmly believe that eteplirsen should be made available to patients in Europe, as it is in the United States," said Chief Executive Doug Ingram. The company had received the negative opinion on May 31, after which it requested a re-examination of the opinion . The stock had nearly tripled year to date (up 175%) through Thursday, while the S&P 500 SPX, +0.78% has gained 9.6%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Si Show less Read more
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