Workflow
Sarepta shares plunge 30% as future of its gene therapy appears at risk
Sarepta TherapeuticsSarepta Therapeutics(US:SRPT) CNBCยท2025-07-18 17:13

Douglas Ingram, president and chief executive officer of Sarepta Therapeutics Inc., during the Forbes Healthcare Summit in New York, US, on Tuesday, Dec. 5, 2023.Shares of Sarepta Therapeutics plunged more than 30% on Friday as the future of its approved gene therapy treatment appeared at risk.The Food and Drug Administration will request that the company voluntarily stop all shipments of the treatment, Elevidys, a person familiar with the matter told CNBC.Separately, FDA Commissioner Marty Makary told Bloo ...