Welcome to our dedicated page for Sarepta Therapeutics news (Ticker: SRPT), a resource for investors and traders seeking the latest updates and insights on Sarepta Therapeutics stock.
Sarepta Therapeutics, Inc. (NASDAQ: SRPT) is a biotechnology company focused on precision genetic medicine for rare diseases, with a stated leadership position in Duchenne muscular dystrophy and an expanding portfolio across muscle, central nervous system and cardiac conditions. The SRPT news feed on Stock Titan aggregates company-issued updates and market-moving announcements that reflect Sarepta’s scientific, regulatory and financial developments.
Investors and followers of SRPT can use this page to review earnings and revenue updates, such as preliminary net product revenue reports that break out contributions from ELEVIDYS and the company’s PMO franchise, as well as quarterly financial results and commentary on cash position and capital structure. News items also cover clinical and regulatory milestones, including updates to the ELEVIDYS prescribing information, FDA safety labeling decisions, and the design and progress of studies like ENDEAVOR and ESSENCE.
The feed highlights pipeline progress in Sarepta’s next-generation siRNA platform, including clinical trial applications and early-stage data for programs such as SRP-1003 for myotonic dystrophy type 1 and SRP-1005 for Huntington’s disease. It also captures disclosures about strategic restructuring, clinical holds in limb girdle muscular dystrophy gene therapy programs, and collaborations with partners like Arrowhead Pharmaceuticals.
Corporate and capital markets news—such as convertible note exchanges, private placements of common stock, inducement grants under Nasdaq Listing Rule 5635(c)(4), and investor conference presentations—are also included. By reviewing this consolidated SRPT news stream, users can quickly see how Sarepta communicates its progress in genetic medicine, regulatory interactions, financing activities and strategic priorities over time.
Sarepta Therapeutics (NASDAQ:SRPT) announced on October 29, 2021, equity awards for 17 newly hired employees as part of its 2014 Employment Commencement Incentive Plan. The total awards include options to purchase 15,025 shares and 7,975 restricted stock units (RSUs). The exercise price of the options is set at $79.13 per share, aligned with the stock's closing price on the grant date. Options will vest over four years, while RSUs will vest annually over the same period, contingent on continued employment.
Sarepta Therapeutics (NASDAQ:SRPT) is set to report its third quarter 2021 financial results on November 3, 2021, after the market closes. A conference call will follow at 4:30 p.m. E.T. to discuss financial results and provide corporate updates. Investors can access the call by dialing (844) 534-7313 for domestic calls or (574) 990-1451 internationally, using passcode 7131019. The call will also be available via live webcast on the company's investor relations website and archived for 90 days.
Sarepta Therapeutics (NASDAQ:SRPT) has announced a public offering of 6,172,840 shares at $81.00 per share, aiming for gross proceeds of approximately $500 million. Underwriters have a 30-day option to acquire an additional 925,926 shares. Proceeds will primarily fund clinical trials, commercialization, and business development activities. The offering is expected to close around October 18, 2021, pending customary conditions. Notably, the shares are offered under an effective shelf registration statement filed with the SEC.
Sarepta Therapeutics (NASDAQ:SRPT) reported preliminary Q3 2021 financial results, projecting net product revenues of approximately $166.9 million, a significant increase from $121.4 million in Q3 2020. As of September 30, 2021, the company reported $1.6 billion in cash and investments, down from $1.9 billion at the end of 2020. The results are preliminary, and actual results may vary as they have not yet been finalized or reviewed by independent auditors.
Sarepta Therapeutics (Nasdaq: SRPT) announced a public offering of $500 million in common stock, with an additional $75 million option for underwriters. The proceeds will finance clinical trials, commercialization, and business development, including potential acquisitions. Goldman Sachs, J.P. Morgan, Morgan Stanley, and Credit Suisse are the underwriters. The offering is conducted under an effective shelf registration statement filed with the SEC. A preliminary prospectus will detail the terms.
Sarepta Therapeutics (NASDAQ:SRPT) presented new data from its SRP-9001 program for treating Duchenne muscular dystrophy at 'Micro-dystrophin Day'. Key findings include significant improvements in the North Star Ambulatory Assessment (NSAA) scores: an 8.6-point increase in 4-7 year-olds (Study 101), a 2.9-point increase in 6-7 year-olds (Study 102), and a 3.0-point improvement at six months (Study 103). The EMBARK trial, a pivotal Phase 3 study, aims to enroll 120 patients globally. The safety profile remains consistent, with transient treatment-related adverse events. Sarepta emphasizes the urgency in addressing this degenerative disease.
Sarepta Therapeutics (NASDAQ:SRPT) celebrated the grand opening of its 85,000 square foot Genetic Therapies Center of Excellence in Columbus, Ohio, on October 4, 2021. This facility expands their research capabilities and aims to support their pipeline of genetic medicines, including RNA, gene therapy, and gene editing programs. With 70 employees currently, Sarepta plans to double its workforce by the end of 2022. The center will also enhance collaboration with local partners and bolster Ohio's position in biotechnology.
Sarepta Therapeutics (NASDAQ:SRPT) has announced the initiation of study SRP-9001-301, also known as EMBARK, in collaboration with Roche. This pivotal study aims to evaluate SRP-9001, a gene transfer therapy for Duchenne muscular dystrophy (DMD). The EMBARK study will take place in the US, Europe, and Asia, marking the first pivotal double-blind gene therapy trial for DMD. The SRP-9001 Micro-dystrophin R&D Day is scheduled for October 11, 2021, to present more details about the trial.
Sarepta Therapeutics (NASDAQ:SRPT) announced the granting of equity awards to 43 newly hired employees on September 30, 2021, under its 2014 Employment Commencement Incentive Plan. The total awards include options for 48,350 shares and 24,900 restricted stock units (RSUs), with an exercise price of $92.48 per share. Vesting for options occurs monthly over four years, while RSUs vest annually, both contingent on continued employment. This initiative aims to enhance employee retention and performance within the precision genetic medicine sector.
Sarepta Therapeutics (NASDAQ:SRPT) announced plans to initiate Part B of the MOMENTUM study for SRP-5051, potentially a pivotal trial following positive FDA interactions. This study aims to treat Duchenne muscular dystrophy and will enroll 20-40 patients aged 7 to 21, including both ambulatory and non-ambulatory individuals. Initial results from Part A show SRP-5051's efficacy, boasting significantly higher dystrophin production compared to existing treatments. The protocol for Part B will emphasize safety with magnesium supplementation due to previously noted reversible hypomagnesemia.
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