Sarepta partners with UK's Summit on Duchenne drugs



Sarepta Therapeutics Inc (SRPT.O) said it secured the European rights to Summit Therapeutics Plc's (SUMM.L) experimental Duchenne muscular dystrophy (DMD) drug as it looks to build on its lead in treating the fatal muscle-wasting disease.
Summit's shares doubled, to 262 pence on the London Stock Exchange, while its U.S. stock (SMMT.O) jumped 128 percent to $19.75. Sarepta's shares inched up about 1 percent to $61.60.
The deal is significant for Summit, given its constrained balance sheet and the strong rationale for a potential combination of the companies' DMD treatments, analysts said.... read more

 
4 October 2016 in Business, Views: 38
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31