Rocket Pharmaceuticals (RCKT) Announces $175M Proposed Public Offering of Common Stock

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Rocket Pharmaceuticals Announces Proposed Public Offering of Common Stock

December 9, 2020 7:51 AM EST

NEW YORK--(BUSINESS WIRE)-- Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) (Rocket), a clinical-stage company advancing an integrated and sustainable pipeline of genetic therapies for rare childhood disorders, today announces that it has commenced an underwritten public offering of $175 million of shares of its common stock. Rocket also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the public offering. All the shares in the offering are to be sold by Rocket. The offering is subject to market conditions,... More

Rocket Pharmaceuticals Announces Positive Gene Expression, Clinical Biomarker and Preliminary Functional Data from Phase 1 Trial of RP-A501 for the Treatment of Danon Disease

December 8, 2020 4:00 PM EST

Low Dose Showed Positive Increases in Cardiac Protein ExpressionTwo Patients With >50% by IHC, One at Month 9 and One at Month 12

Decreases in Cardiac Biomarker BNP of >50% and Stabilization of Clinical Biomarkers CK-MB and Transaminases in Two Patients

Visible Reduction of Autophagic Vacuoles, a Primary Hallmark of Danon Disease, in Heart Muscle

Individual 1.62- and 1.35-Fold Increases in Cardiac Output Observed in Two Patients at Month 12 and Month 9, Respectively

Low Dose Cohort Generally Well-Tolerated with Manageable Safety

Safety... More