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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 .

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Sarepta Therapeutics (SRPT) reported strong preliminary Q4 and full-year 2024 financial results, with total net product revenue reaching $638.2 million for Q4 and $1.79 billion for full-year 2024, exceeding guidance by over $100 million. ELEVIDYS, their gene therapy treatment, generated $384.2 million in Q4 revenue and $820.8 million for the full year, surpassing expectations by over $60 million.

The company's RNA-based PMO products contributed $254.0 million in Q4 and $967.2 million for the full year. Year-end cash position stood at approximately $1.5 billion. Sarepta maintains its 2025 revenue guidance of $2.9 to $3.1 billion. Total net product revenue grew 75% year-over-year in Q4, with ELEVIDYS showing 112% growth over the previous quarter.

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Hansa Biopharma has announced its attendance at the 43rd Annual J.P. Morgan Healthcare Conference, following significant achievements across three therapeutic areas in the past 12 months. In Autoimmune, the company reported positive data from the Phase 2 trial in Guillain Barre Syndrome and completed enrollment for the Phase 3 anti-GBM trial. Their second-generation IgG cleaving molecule, HNSA-5487, showed promising 12-month analysis results.

In Gene Therapy, Hansa initiated two significant trials: a Phase 1b trial in Duchenne Muscular Dystrophy with Sarepta Therapeutics and a Phase 2 trial in Crigler-Najjar Syndrome with Genethon. The Transplantation segment saw completion of ConfIdeS trial randomization and record-breaking IDEFIRIX quarterly sales of 69.5 MSEK in Q3 2024.

Key 2025 milestones include data readouts from multiple trials and a planned BLA submission to the FDA in the second half of the year. The company continues to develop novel immunomodulating therapies based on its proprietary IgG cleaving platform.

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Sarepta Therapeutics (NASDAQ:SRPT), a leader in precision genetic medicine for rare diseases, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco. The company's senior management will deliver a presentation on Monday, January 13, 2025, at 12:00 p.m. ET / 9:00 a.m. PT.

The presentation will be followed by a Q&A session starting at 12:20 p.m. ET / 9:20 a.m. PT. Investors and interested parties can access the live webcast through the Events & Presentations section of Sarepta's investor relations website. The presentation recording will remain available on the website for 90 days afterward. Attendees are advised to connect early to allow time for any necessary software downloads.

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Sarepta Therapeutics (NASDAQ:SRPT) has awarded equity incentives to 8 new employees hired in December 2024. The company granted a total of 10,660 restricted stock units (RSUs) as employment inducement awards. These RSUs will vest over four years, with 25% vesting annually on each anniversary of the December 31, 2024 grant date. The equity awards were approved by the Compensation Committee under Sarepta's 2024 Employment Commencement Incentive Plan and comply with Nasdaq Listing Rule 5635(c)(4).

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Sarepta Therapeutics (NASDAQ:SRPT) has completed enrollment and dosing in EMERGENE (Study SRP-9003-301), a Phase 3 clinical trial of SRP-9003 for treating limb-girdle muscular dystrophy Type 2E/R4. The global study's primary endpoint focuses on beta-sarcoglycan protein expression, with data expected in the first half of 2025.

The company plans to file for accelerated approval of SRP-9003 in 2025, following a positive pre-Biologics License Application meeting. This development serves as a precedent for Sarepta's other LGMD pipeline programs, including LGMD2D and LGMD2C programs, scheduled to initiate in Q1 2025.

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Sarepta Therapeutics (NASDAQ:SRPT) has granted equity awards to 14 new employees hired in November 2024. The awards, approved under the company's 2024 Employment Commencement Incentive Plan, consist of 8,040 restricted stock units (RSUs). These RSUs will vest over four years, with one-fourth vesting annually on the grant date anniversary. The equity awards were granted as employment inducements in compliance with Nasdaq Listing Rule 5635(c)(4).

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Arrowhead Pharmaceuticals announced a global licensing and collaboration agreement with Sarepta Therapeutics. The deal includes an immediate $825 million payment ($500M cash + $325M equity investment at 35% premium), plus $250 million over five years. Arrowhead is eligible for $300 million in near-term clinical trial milestone payments and up to $10 billion in future milestones plus royalties.

The agreement covers multiple clinical and preclinical programs in rare genetic diseases affecting muscle, CNS, and lungs. Sarepta can select up to six new targets using Arrowhead's TRiMâ„¢ platform. The transaction extends Arrowhead's cash runway into 2028 and is expected to close in early 2025.

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Sarepta Therapeutics announces a global licensing and collaboration agreement with Arrowhead Pharmaceuticals for multiple siRNA programs. Sarepta will obtain exclusive worldwide rights to four clinical-stage and three preclinical-stage programs targeting muscle, CNS, and rare pulmonary disorders. The deal includes a $500 million upfront payment and $325 million equity investment at a 35% premium to Arrowhead, plus future milestone payments and royalties. Additionally, both companies entered a discovery partnership for six targets. Sarepta's Board has approved a $500 million share repurchase program. The transaction is expected to close in early 2025.

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Sarepta Therapeutics reported strong financial results for Q3 2024, with net product revenues totaling $429.8 million, a 39% increase YoY. ELEVIDYS net product revenue was $181.0 million, exceeding prior guidance, with an additional $9.5 million from Roche's sales royalties. Total ELEVIDYS performance reached $190.5 million for the quarter. The company achieved GAAP and non-GAAP net incomes of $33.6 million and $67.0 million respectively. Sarepta also announced the discontinuation of the SRP-5051 development program and shared positive data from its SRP-9001 clinical trials. The CEO highlighted the progress in their pipeline, including plans to submit a Biologics License Application by mid-2025 and start clinical trials for two other programs. The company also published five-year functional results from Study SRP-9001-101 and EMBARK study results in Nature Medicine, showing clinical benefits and favorable safety profiles. For the nine months ended September 30, 2024, total revenues were $1.24 billion, a 47% increase YoY.

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Sarepta Therapeutics (NASDAQ:SRPT) has granted equity awards to 15 new employees hired in October 2024. The awards, consisting of 12,165 restricted stock units (RSUs), were approved by the Compensation Committee under the company's 2024 Employment Commencement Incentive Plan. The RSUs will vest over four years, with one-fourth vesting annually on the grant date anniversary. Sarepta, a leader in precision genetic medicine for rare diseases, maintains leadership positions in Duchenne muscular dystrophy and limb-girdle muscular dystrophies, with over 40 programs in development.

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FAQ

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

The current stock price of Sarepta Therapeutics, (SRPT) is $118.83 as of January 14, 2025.

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

The market cap of Sarepta Therapeutics, (SRPT) is approximately 11.7B.

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

11.66B
90.38M
4.38%
92.37%
5.85%
Biotechnology
Pharmaceutical Preparations
United States of America
CAMBRIDGE