BUZZ-Sarepta falls after report says new studies needed to prove gene therapy safety

Reuters
07/25
BUZZ-Sarepta falls after report says new studies needed to prove gene therapy safety

** Shares of Sarepta Therapeutics SRPT.O fall 18.7% to $10.83

** Sarepta would have to conduct new studies to demonstrate the safety of its Duchenne muscular dystrophy therapy, Elevidys, Endpoints News reports, citing a senior FDA official

** "We are looking at all the tools we have" - HHS spokesperson

** Sarepta did not immediately respond to a Reuters request for comment

** Including session's moves, stock down 91.2% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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