STOCK TITAN

Sarepta Therapeutics,, Inc. - SRPT STOCK NEWS

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 pioneering biopharmaceutical company primarily engaged in the discovery and advancement of RNA-targeted therapeutics. Headquartered in Cambridge, Massachusetts, Sarepta is dedicated to developing innovative treatments for a range of rare, infectious, and other challenging diseases.

Core Focus: Sarepta’s primary focus is on Duchenne Muscular Dystrophy (DMD), a severe type of muscular dystrophy. The company's lead product candidate, eteplirsen, is designed to skip exon 51 and potentially modify the progression of DMD. Alongside eteplirsen, Sarepta is working on other DMD drug candidates that target different exons.

Innovative Technology: The company leverages proprietary RNA-targeted technology platforms to create novel pharmaceuticals. This technology is pivotal in addressing diseases with high unmet medical needs.

Therapeutic Pipeline:

  • DMD Program: Focused on rapidly advancing exon-skipping drug candidates.
  • Infectious Diseases: Developing treatments for drug-resistant bacteria and other rare infectious diseases.

Financial Condition and Partnerships: Sarepta collaborates with third-party contractors for the manufacturing of its product candidates. This strategic approach allows the company to focus on innovation and development while ensuring efficient production processes. Despite most of its product candidates being in early developmental stages, Sarepta continues to secure funding and partnerships to support its ambitious research and development goals.

For more information, visit their official website at www.sarepta.com.

Rhea-AI Summary
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) to present at 42nd Annual J.P. Morgan Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
conferences
-
Rhea-AI Summary
Sarepta Therapeutics, Inc. (SRPT) granted equity awards to 4 individuals hired in December 2023, in accordance with Nasdaq Listing Rule 5635(c)(4). The employees received options to purchase 3,850 shares of Sarepta's common stock and 1,900 restricted stock units. The options have an exercise price of $96.43 per share, with vesting schedules over a four-year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
none
-
Rhea-AI Summary
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) has submitted an efficacy supplement to the Biologics License Application for ELEVIDYS to expand its labeled indication for the treatment of Duchenne muscular dystrophy patients. The supplement is supported by results from global clinical studies and has been submitted to the U.S. FDA with a request for Priority Review. Sarepta has also completed the EMBARK postmarketing requirement and submitted the request to FDA for conversion from accelerated approval to traditional approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
none
Rhea-AI Summary
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) granted equity awards on November 30, 2023, to 13 individuals as an inducement to employment. The employees received options to purchase 14,250 shares of Sarepta's common stock and 7,350 restricted stock units. The options have an exercise price of $81.28 per share, with vesting schedules over four years, subject to continued employment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
none
-
Rhea-AI Summary
Sarepta Therapeutics, Inc. will participate in a fireside chat at the UBS Biopharma Conference on November 9, 2023. The presentation will be webcast live and archived on Sarepta's website for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
conferences
-
Rhea-AI Summary
Sarepta Therapeutics reported net product revenues of $69.1 million for Q3 2023, with total revenues reaching $331.8 million. Non-GAAP earnings stood at approximately $38.0 million. The company launched ELEVIDYS, the first gene therapy for boys with Duchenne muscular dystrophy, and achieved profitability on a non-GAAP basis. The topline results from the EMBARK study support the conclusion that ELEVIDYS modifies the course of the disease in patients with Duchenne.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
Rhea-AI Summary
Sarepta Therapeutics, Inc. granted equity awards to 12 new employees in October 2023. The employees received options to purchase 10,675 shares of Sarepta's common stock and 6,050 restricted stock units (RSUs). The options have an exercise price of $67.31 per share, with vesting occurring over a four-year period. The RSUs will also vest over a four-year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.68%
Tags
none
-
Rhea-AI Summary
Sarepta Therapeutics announced topline results from the EMBARK study of ELEVIDYS in patients with Duchenne muscular dystrophy. The study showed an increase in motor function in patients treated with ELEVIDYS compared to placebo. The primary endpoint was not met, but statistically significant results were observed in key secondary endpoints. No new safety signals were observed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.47%
Tags
-
Rhea-AI Summary
Sarepta Therapeutics, Inc. will report its third quarter 2023 financial results on November 1, 2023. The company will host a conference call to discuss the results and a webcast will be available on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
Tags
Rhea-AI Summary
Sarepta Therapeutics granted equity awards to 24 individuals hired in September 2023, totaling 16,575 shares and 8,575 RSUs. Options have an exercise price of $121.22 per share. Vested shares and RSUs depend on continued employment with Sarepta.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
none

FAQ

What is the current stock price of Sarepta Therapeutics, (SRPT)?

The current stock price of Sarepta Therapeutics, (SRPT) is $110.5 as of November 21, 2024.

What is the market cap of Sarepta Therapeutics, (SRPT)?

The market cap of Sarepta Therapeutics, (SRPT) is approximately 10.5B.

What does Sarepta Therapeutics specialize in?

Sarepta Therapeutics specializes in the discovery and development of RNA-targeted therapeutics for rare, infectious, and other diseases, with a primary focus on Duchenne Muscular Dystrophy (DMD).

What is eteplirsen?

Eteplirsen is Sarepta Therapeutics' lead DMD product candidate, designed to skip exon 51 and potentially modify the progression of Duchenne Muscular Dystrophy.

Where is Sarepta Therapeutics headquartered?

Sarepta Therapeutics is headquartered in Cambridge, Massachusetts.

What kinds of diseases is Sarepta working on?

In addition to Duchenne Muscular Dystrophy, Sarepta is developing treatments for rare infectious diseases, including drug-resistant bacteria.

How does Sarepta manufacture its products?

Sarepta uses third-party contractors to manufacture its product candidates, allowing the company to focus on research and development.

What is the primary technology used by Sarepta?

Sarepta uses proprietary RNA-targeted technology platforms to develop its pharmaceutical products.

Are Sarepta's products approved for use?

Most of Sarepta's product candidates are currently in early stages of development and are not yet approved for widespread use.

How can I find more information about Sarepta Therapeutics?

You can find more information by visiting their official website at www.sarepta.com.

Is Sarepta involved in any partnerships?

Yes, Sarepta collaborates with third-party contractors and other entities to support its research and development efforts.

What is the latest news about Sarepta Therapeutics?

For the latest updates and news about Sarepta Therapeutics, please visit their official website or follow their stock news on financial websites.

Sarepta Therapeutics,, Inc.

Nasdaq:SRPT

SRPT Rankings

SRPT Stock Data

10.50B
90.39M
4.37%
92.02%
5.86%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
CAMBRIDGE