Sarepta Therapeutics (SRPT) Posts Slightly Smaller Q1 Loss

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Sarepta Therapeutics Announces First Quarter 2016 Financial Results and Recent Corporate Developments

May 5, 2016 7:01 AM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Sarepta Therapeutics, Inc.(NASDAQ: SRPT), a developer of innovative RNA-targeted therapeutics, today reported financial results for the three months ended March 31, 2016, and provided an update of recent corporate developments.

The Peripheral and Central Nervous System Advisory Committee met last week to review eteplirsen for the treatment of Duchenne muscular dystrophy amenable to exon 51 skipping, and we await our May 26 PDUFA date, said Edward Kaye, M.D., Sareptas interim chief executive officer and chief medical officer. Following the FDAs decision, we plan to provide a clinical and corporate update.

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