Edgewise Therapeutics (EWTX) PT Raised to $52 at Wedbush

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Edgewise Therapeutics Announces Sale of Sevasemten for Up to $2.65 Billion, Strengthening Balance Sheet and Centering Company Focus on Cardiovascular Pipeline

June 1, 2026 8:30 AM EDT

Edgewise to Receive $1.55 Billion in Upfront Cash Consideration and is Eligible to Receive up to $1.1 Billion in Regulatory and Commercial Milestones

Transaction Creates Focused Cardiovascular Company with Enhanced Strategic Clarity 

Upfront Proceeds Expected to Fully Fund EDG-7500 Development Through Potential Approval 

On Track to Report 12-Week CIRRUS-HCM Part D Data in Q2 2026

BOULDER, Colo., June 1, 2026 /PRNewswire/ -- Edgewise Therapeutics, Inc.... More

Servier to Acquire Edgewise Therapeutics' Muscular Dystrophy Business

June 1, 2026 8:30 AM EDT

Acquisition supports Servier's strategic ambition in rare neurology for patients with high unmet medical needs.Transaction includes sevasemten, a late-stage investigational treatment for Becker and Duchenne muscular dystrophies. Transaction represents total value of up to $2.65 billion.

SURESNES, France, June 1, 2026 /PRNewswire/ -- Servier, an independent international pharmaceutical group governed by a foundation, today announced that it... More