Nortel Srpt 0064 Error
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Today Hot Topics FB NFLX Best Stocks for 2016 Trade of the Day Dependable Dividends The Best ETFs More Free Reports: Register / Log In Home > Stock Picks > Hot Stocks > Here's Why Sarepta Therapeutics Inc Is Up 80% Today (SRPT) The FDA's decision, however, comes with some strict caveats for Sarepta By John Kilhefner, InvestorPlace Assistant Editor|Sep 19, 2016, 11:14 am EDT Popular Posts: PTC Therapeutics, Inc. (PTCT) Stock Tanks 30% After FDA Denies Its AppealKroger Co (KR) Isn't Coming to Save Whole Foods Market, Inc. (WFM) Stock Recent Posts: PTC Therapeutics, Inc. (PTCT) Stock Tanks 30% After FDA Denies Its Appeal Chipotle Mexican Grill, Inc. (CMG) Stock Drops 3% on Continued Pessimism Supernus Pharmaceuticals Inc (SUPN) Stock Dips Despite Positive ADHD Data View All Posts Sarepta Therapeutics Inc(NASDAQ:SRPT) shot up 80% on Monday to lead just about everything else on Wall Street. The catalyst for the move is the U.S. Food and Drug Administration’s approval of Sarepta’seteplirsen injection drug. Eteplirsen, otherwise known as Exondys 51, has been approved for the treatment of Duchenne muscular dystrophy, particularly in patients with a rare form of DMD. The FDA’s Center for Drug Evaluation and Research director,Janet Woodcock, had this to say: “Patients with a particular type of Duchenne muscular dystrophy will now have access to an approved treatment for this rare and devastating disease. In rare diseases, new drug development is especially challenging due to the small numbers of people affected by each disease and the lack of medical understanding of many disorders. Accelerated approval makes this drug available to patients based on initial data, but we eagerly await learning more about the efficacy of this drug through a confirmatory c
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