Scholar Rock (SRRK) Announces Positive Proof-of-Concept Data from TOPAZ Phase 2 Trial Interim Analysis of SRK-015 in Patients with Type 2 and Type 3 SMA

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Scholar Rock Holding Corp. (SRRK) Prices 2.949M Share Common Offering at $39/Sh; Prices 2.18M Prefunded Warrants at $38.99/Warrant

October 29, 2020 5:59 AM EDT

Scholar Rock Holding Corporation (NASDAQ: SRRK), a clinical-stage biopharmaceutical company focused on the treatment of serious diseases in which protein growth factors play a fundamental role, today announced the pricing of an underwritten public offering of 2,948,718 shares of its common stock at a public offering price of $39.00 per share. In addition, in lieu of common stock to certain investors, Scholar Rock is offering pre-funded warrants... More

Scholar Rock (SRRK) PT Raised to $52 at BMO Capital

October 27, 2020 3:39 PM EDT

BMO Capital analyst Do Kim raised the price target on Scholar Rock (NASDAQ: SRRK) to $52.00 (from $33.00) while maintaining an Outperform rating.

The analyst commented, "We raise our SRK-015 estimates and target price to $52 from $33, as our probability of success increase to 50% from 33%, following... More