Sarepta slumps 9% on golodirsen trial trouble

9 February 2018

News that US RNA-based drug developer Sarepta Therapeutics (Nasdaq: SRPT) had been forced to halt a UK trial in Duchenne muscular dystrophy sent the company’s share price tumbling by 9% to $51.94 in three hours of trading on Friday.

News analysis service EP Vantage broke the news on Friday – confirmed by the company - that the UK element of the ESSENCE trial of golodirsen had been temporarily stopped due to a serious adverse event, having learnt of the issue when a parent wrote about it in a Facebook post.

The article adds that the parent posted that she understood rhabdomyolysis side effects to be the reason for the action taken, which has only affected the research being conducted in the UK. Patients are also taking part in the USA, Israel and eight European countries.

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