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Stock impact report

Sarepta Therapeutics: Growth Trajectory Alters Trading Strategy [Seeking Alpha]

Sarepta Therapeutics, Inc. (SRPT) 
Last sarepta therapeutics, inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
ELEVIDYS, despite not meeting its primary endpoint in the Phase III trial, showed significant improvements in motor function and secondary endpoints, keeping the potential for label expansion alive. SRPT's growth prospects, including potential label expansion for ELEVIDYS, have led to an updated strategy and bullish outlook for the company. Looking for a portfolio of ideas like this one? Members of Compounding Healthcare get exclusive access to our subscriber-only portfolios. Learn More » In my last Sarepta Therapeutics ( NASDAQ: SRPT article , I discussed Sarepta's Q3 performance and their clinical progress in Duchenne muscular dystrophy (DMD) and other rare diseases. At that time, Sarepta had recently revealed their Q3 product revenue was up 49% year-over-year, aided by ELEVIDYS, which pulled in $69.1M in its first quarter on the market. Unfortunately, ELEVIDYS' Phase III EMBARK trial failed to hit its primary endpoint, generating an abrupt sell-off for SRPT. However, the mar Show less Read more
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