Sarepta Therapeutics (SRPT) Posts Q1 Loss of 75c/Share

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Path to Sarepta Therapeutic (SRPT) Eteplirsen Filing Taking Shape - Needham & Company

May 8, 2014 12:35 PM EDT

Needham & Company analyst Chad Messer reiterated a Buy rating and $52 price target on Sarepta Therapeutic (NASDAQ: SRPT) following Q1 results and more details on the path to the eteplirsen filing.

Messer commented, "As we learned last month, Sarepta plans to file the NDA for eteplirsen in Duchenne's muscular dystrophy (DMD) by YE:14 based on recent discussion with the FDA. The company is moving forward on this groundbreaking event and is also preparing to start 3 additional eteplirsen studies as well as a controlled study for 2 additional exon skipping drug for DMD this... More