Sarepta Therapeutics Reports Topline Results From EMBARK, A Global Pivotal Study Of ELEVIDYS Gene Therapy For Duchenne Muscular Dystrophy; Says Primary Endpoint Was Not Met
Portfolio Pulse from Benzinga Newsdesk
Sarepta Therapeutics has reported topline results from its global pivotal study, EMBARK, of ELEVIDYS gene therapy for Duchenne Muscular Dystrophy. The company stated that the primary endpoint was not met.
October 30, 2023 | 8:02 pm
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Sarepta Therapeutics' EMBARK study did not meet its primary endpoint, which could negatively impact the company's stock price in the short term.
The failure to meet the primary endpoint in a pivotal study often leads to a negative reaction in the stock market as it indicates that the product may not be as effective as hoped. This could potentially lead to a decrease in the company's stock price in the short term.
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