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Tuesday, November 12, 2013

FDA: Too early for Sarepta's (SRPT) to file for approval of Eteplirsen -11/12/13

FDA: Too early for Sarepta to file for approval of Eteplirsen
  • The FDA says that Sarepta's (SRPT) submission of a New Drug Application (NDA) for the company's Eteplirsen drug for the treatment of Duchenne muscular dystrophy (DMD) is premature following the failure of GlaxoSmithKline's and Prosensa's Drisapersen product in a Phase III trial.
  • The FDA also indicated that - in Sarepta's words - "new data raise 'considerable doubt' about the dystrophin biomarker and the supportive clinical efficacy assessed on the 6-minute walk test (6MWT) in the Phase IIb clinical study of Eteplirsen."
  • Last month, SA author EnhydrisPECorp predicted that the FDA wouldn't grant early approval of Eteplirsen.
  • Shares are -29%. (PR) (Q3 results)

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