FDA rejects Scholar Rock's apitegromab application due to facility issues

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Scholar Rock (SRRK) PT Lowered to $48 at Leerink Partners

September 24, 2025 4:15 AM EDT

Leerink Partners analyst Mani Foroohar lowered the price target on Scholar Rock (NASDAQ: SRRK) to $48.00 (from $51.00) while maintaining a Outperform rating.

The analyst comments " Following the CRL for apitegromab this morning (here), we update our model with more conservative launch assumptions to reflect ongoing uncertainty on... More