NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Gleammour AquaFresh
NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Home Local News Sarepta’s Stock Drops Again as Company Halts Gene Therapy Under FDA’s Direction

Sarepta’s Stock Drops Again as Company Halts Gene Therapy Under FDA’s Direction

Sarepta shares slide again as drugmaker bows to FDA pressure to pause gene therapy
Up next
Inside Ghislaine Maxwell and Jeffrey Epstein's twisted love affair
A Look Into the Complicated Relationship Between Ghislaine Maxwell and Jeffrey Epstein
Published on 22 July 2025
Author
NewsFinale Journal
Share and Follow
FacebookXRedditPinterestWhatsApp


WASHINGTON – Shares of drugmaker Sarepta Therapeutics continued to fall Tuesday after the company said it would comply with a Food and Drug Administration request to pause shipments of its gene therapy following several patient deaths.

The decision, announced late Monday, comes just days after the company rebuffed FDA regulators in an extremely unusual decision that alarmed investors and analysts.

Sarepta CEO Doug Ingram said the company seeks a “productive and positive” relationship with FDA and that “maintaining that productive working relationship required this temporary suspension.”

The Cambridge, Massachusetts-based company said it would “ temporarily pause all shipments” of its gene therapy Elevidys for muscular dystrophy at the close of business Tuesday.

It’s the latest in a series of highly irregular moves that have rocked company shares for weeks and forced it to lay off hundreds of staffers.

Elevidys is the first gene therapy approved in the U.S. for Duchenne’s muscular dystrophy, the fatal muscle-wasting disease that affects boys and young men, resulting in early death. The one-time treatment was initially approved for boys age 4 and younger who could still walk. Last year, FDA expanded approval to older patients who are no longer able to walk.

The therapy was already under FDA scrutiny after two teenage boys died earlier this year from acute liver injury, a known side effect of the treatment. Then the company last week disclosed a third death with a different therapy: a 51-year-old patient who was enrolled in a company trial for a another form of muscular dystrophy.

FDA responded by asking the company to immediately halt all shipments of Elevidys.

Wall Street analysts said the company made the right move.

Defying the FDA would have “irreparably damaged the company’s relationship with FDA under the current leadership and administration,” TD Cowen analyst Ritu Baral told investors in a note Tuesday.

Baral estimated the pause in distribution would last three to six months.

The FDA has the authority to pull drugs from the market, but the process can take months or even years. Instead, the agency usually makes an informal request and companies almost always comply. Even in the rare cases when drugmakers haven’t cooperated, the FDA has prevailed after public hearings and appeals.

___

The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Share and Follow
FacebookXRedditPinterestWhatsApp
You May Also Like
New Year's Eve fire injures one, displaces Lowcountry family
  • Local News

New Year’s Eve Blaze Leaves One Injured, Forces Lowcountry Family from Home

BURTON, S.C. — On Wednesday night, a collaborative response from the Burton…
  • NewsFinale Journal
  • January 1, 2026
Transfer updates: Illini’s Rusk, Patterson to enter portal
  • Local News

Breaking Transfer News: Illini Stars Rusk and Patterson Enter Transfer Portal

CHAMPAIGN, Ill. — As 2026 dawns, the Illinois football team is facing…
  • NewsFinale Journal
  • January 1, 2026
ObamaCare subsidies expire; premiums spike for millions: What to know 
  • Local News

ObamaCare Subsidy Expiration Triggers Premium Surge for Millions: Key Insights and Impacts

The much-debated deadline for the enhanced premium tax subsidies under the Affordable…
  • NewsFinale Journal
  • January 1, 2026
Disney to pay $10M, resolving alleged child privacy law violations
  • Local News

Disney Settles for $10M Over Alleged Violations of Child Privacy Laws

by: Anna Kutz Posted: Jan 1, 2026 / 07:54 PM EST Updated:…
  • NewsFinale Journal
  • January 2, 2026
Storm Team 3: Seasonable sunshine to start 2026
  • Local News

Kick Off 2026 with Storm Team 3’s Forecast: Embrace Seasonable Sunshine!

SAVANNAH, Ga. () – Welcome to the dawn of 2026! As we…
  • NewsFinale Journal
  • January 1, 2026
Program helps low- to moderate-income families become homeowners
  • Local News

Mobile Home Blaze Displaces Family of Five, Leaves One Injured

A late-night blaze in Beaufort County has resulted in one injury and…
  • NewsFinale Journal
  • January 1, 2026
Family mourns loved one killed in New Year’s Day shooting in Pasco County
  • Local News

Pasco County Family Grieves Loss After Tragic New Year’s Day Shooting

PORT RICHEY, Fla. (WFLA) — A festive New Year’s Eve in Pasco…
  • NewsFinale Journal
  • January 1, 2026
A fire in an Swiss ski resort bar has left about 40 people dead
  • Local News

Tragic Blaze Engulfs Swiss Ski Resort Bar, Resulting in Approximately 40 Fatalities

CRANS-MONTANA – Axel Clavier, a 16-year-old from Paris, found himself struggling to…
  • NewsFinale Journal
  • January 2, 2026
2026 elections: What to know about Illinois governor election, Chicago mayoral election and 2026 midterm elections
  • US

Ultimate 2026 Election Guide: Key Insights on Illinois Governor, Chicago Mayoral, and Midterm Races

The political landscape in Illinois is set for a whirlwind year, as…
  • NewsFinale Journal
  • January 2, 2026
Trump Administration Announces New Year Adjustments to Certain Tariffed Imports
  • News

Trump Administration Reveals New Year Revisions to Select Tariffed Imports

The Trump administration made headlines on Wednesday with the announcement of…
  • NewsFinale Journal
  • January 2, 2026
Reports: Shooter, Police Officer Dead After Shooting Near Emory University Campus and CDC in Atlanta
  • Crime

Trio Faces Charges After Tragic Death of Malnourished 6-Year-Old Girl Weighing Only 27 Pounds

In a tragic case that has shocked North Carolina, three women now…
  • NewsFinale Journal
  • January 2, 2026
Singer Pink spends New Year's Eve in hospital
  • US

Singer Pink Rings in the New Year from a Hospital Bed

On Wednesday, the acclaimed singer-songwriter P!nk, born Alecia Beth Moore, took to…
  • NewsFinale Journal
  • January 2, 2026
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate