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Sarepta Stock Plummets After FDA Elevidys Update

Pelican Press

By Pelican Press,
in World News

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Shares of Sarepta Therapeutics experienced a sharp decline today following a cautious statement from the Food and Drug Administration (FDA) regarding the company’s gene therapy, Elevidys, for Duchenne muscular dystrophy (DMD). The FDA’s update, released late yesterday, tempered earlier enthusiasm surrounding the drug’s potential efficacy, sending shockwaves through the investment community and…

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