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Benzinga

Technology

Ragothaman Srinivasan

Sarepta Therapeutics' Shares Plummet Following FDA's Clinical Hold On MOMENTUM Study

FDA Sarepta Momentum Sarepta rapeutics

The U.S. Food and Drug Administration (FDA) has placed a clinical hold on SRP-5051 (vesleteplirsen), Sarepta Therapeutics' (NASDAQ:SRPT) lead candidate to treat patients with Duchenne muscular dystrophy.

The regulatory decision follows a serious adverse event of hypomagnesemia in the Part B of MOMENTUM Study 5051-201, investigated SRP-5051 (vesleteplirsen) for Duchenne muscular dystrophy in the Phase 2 clinical trial.

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