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Stock impact report

Sarepta Therapeutics: Another 'Hold' Call Ahead Of Some Key Catalysts [Seeking Alpha]

Sarepta Therapeutics, Inc. (SRPT) 
Last sarepta therapeutics, inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
The company's gene therapy drug Elevidys faced concerns after a failed confirmatory study, causing a sharp market sell-off. Sarepta plans to push for a full approval and label expansion for Elevidys, targeting a broader patient population. The FDA will rule on Elevidys full approval and label expansion this June, but is success already baked into the share price? Investment Overview Sarepta Therapeutics ( NASDAQ: SRPT ) markets and sells four of the six therapies that have been approved by the Food and Drug Agency ("FDA") to treat the disease Duchenne Muscular Dystrophy ("DMD"), a rare genetic disease characterized by progressive muscle degeneration. As we can see below, Sarepta's drugs generated $1.14bn of revenues for the company in 2023, up from $843.8m in the prior year. According to Sarepta's 2023 10K submission: The FDA granted accelerated approval for EXONDYS 51, VYONDYS 53, AMONDYS 45 and ELEVIDYS, respectively, as therapeutic treatments for Duchenne in patients w Show less Read more
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