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Sarepta Therapeutics (Formerly known as AVI BioPharma, Inc.) (SRPT) Up, Then Down, on DMD Competitor's Trial Results



8/20/2013 7:35:11 AM

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Stock in Sarepta Therapeutics Inc. (Nasdaq: SRPT) fell 8 percent on Monday, and some speculate it’s because of doubts about whether levels of dystrophin in the body can be used to measure the progression of Duchenne’s muscular dystrophy (DMD). The Cambridge, Mass. biotech got a boost Friday when a competitor in the Duchenne’s muscular dystrophy market, Prosensa, released disappointing data from its Phase 2 trial of a DMD drug, drisapersen. Sarepta is developing eteplirsen for DMD, which currently has no approved treatment.

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