RCKT Stock Tanks on Patient Death in Danon Disease Study

Shares of Rocket Pharmaceuticals (RCKT) plunged 62.8% on Tuesday after the company announced a patient death in a pivotal phase II study evaluating its investigational gene therapy candidate, RP-A501, for treating patients with Danon disease.The company confirmed that one of the patients in the study experienced an acute systemic infection, an unexpected serious adverse event, which resulted in his untimely death.Following the turn of events, RCKT has voluntarily paused further dosing in the study evaluatin ...