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Stock impact report

Stoke Therapeutics: Positive Dravet Data Sends Shares Soaring, One For The Watchlist [Seeking Alpha]

Stoke Therapeutics, Inc. (STOK) 
Last stoke therapeutics, inc. earnings: 11/12 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Dravet syndrome is a severe form of epilepsy that causes multiple seizure types and developmental disabilities. Stoke's STK-001 demonstrated substantial reductions in convulsive seizure frequency and improvements in cognition and behavior in patients. An approval seems likely, however, investors will need to be patient. An opportunity in ophthalmology and a partnership with Acadia Pharmaceuticals add further value to the company. Investment Overview Stoke Therapeutics' ( NASDAQ: STOK ) stock has been soaring in response to the positive data the company shared from two open-label Phase 1/2a studies and two open-label extension ("OLE") studies of its lead drug candidate STK-001 in children and adolescents ages 2 to 18 with Dravet syndrome, on March 25th this year. Stoke, which raised ~$142m in its 2019 IPO, at $18 per share, leverages its RNA therapeutics platform TANGO ("Targeted Augmentation of Nuclear Gene Output") to create antisense oligonucleotides ("ASO"), and STK-001 Show less Read more
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