Sarepta Therapeutics (SRPT) Falls as Anthem says Exondys 51 Not Medically Necessary

October 7, 2016 10:39 AM EDT

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Sarepta Therapeutics (NASDAQ: SRPT) ticks lower after Anthem says Exondys 51 not medically necessary. Shares are down 3.2%.

Anthem's position statement:

"The use of eteplirsen is considered investigational and not medically necessary for all indications, including but not limited to the treatment of Duchenne muscular dystrophy."

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