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Fly News Breaks for February 9, 2018
SRPT
Feb 9, 2018 | 10:58 EDT
Piper Jaffray analyst Edward Tenthoff aid that Sarepta is trading almost 7% lower after its ongoing Phase III ESSENCE trial has been halted at all 4 treatment sites in the U.K. due to rhabdomyolysis side effects that have not yet been confirmed to be treatment-related. Tenthoff is awaiting further clarity, as the company has not yet provided more details on the event, and reiterated his Overweight rating and $60 price target.
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