Sarepta rises on genetic therapy progress
ReutersAug 14, 2025 10:30 AM
Shares of Sarepta Therapeutics SRPT.O rise 3% to $21 premarket
Experimental genetic medicine SRP-1003 with Arrowhead Pharmaceuticals ARWR.O advances in early-mid-stage study - SRPT
Trial milestone completion triggers $100 mln payment to ARWR; SRPT sells $174 mln of ARWR common stock for cash
SRP-1003 targets muscle-weakening disorders myotonic dystrophy, facioscapulohumeral muscular dystrophy
SRPT expects early data from study in H2 this year
Separately, EVP and chief technical operations officer Bilal Arif to exit on Sept 16 amid restructuring
YTD, up to last close, stock down nearly 83% vs 7.75% rise on Nasdaq Biotech Index .NBI
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