Satellos Bioscience's Share Rise After Sat-3247 Shows Positive Results for Duchenne MD

Dow Jones
07/08
 

Shares of Satellos Bioscience rose after it reported its investigational drug candidate SAT-3247 for adults living with Duchenne muscular dystrophy showed positive results.

The stock was up 16% to $9.49 in recent trading, and rose 61% since the start of the year.

The data from its Trailhead evaluation showed reduced fat friction, increased effort in upper limbs and increased handgrip strength. Satellos, a biotechnology company, primarily develops novel therapies to treat degenerative muscle diseases.

Perry Shieh, a professor at UCLA's David Geffen School of Medicine, said the consistency across measures of strength, muscle composition and safety in the data was highly encouraging for the evaluation of SAT-3247.

Chief Executive Frank Gleeson said the results were encouraging for Basecamp, another phase 2 study for SAT-3247, which is on track to complete enrollment by the end of the third quarter.

 

Write to Grace Yoon at grace.yoon@wsj.com

 

(END) Dow Jones Newswires

July 08, 2026 10:56 ET (14:56 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10