
Sarepta will resume gene therapy shipments after FDA review of recent patient death
Shares of drugmaker Sarepta Therapeutics surged in afterhours trading Monday after the company said it would resume shipping its gene therapy. The company’s stock has been under pressure for weeks after a series of patient deaths prompted federal regulators to request a pause on the drug’s use. Elevidys is the first gene therapy approved in the U.S. for Duchenne’s muscular dystrophy, the fatal muscle-wasting disease that affects boys. The Food and Drug Administration said late Monday it recommended resuming shipments for some patients after reviewing the situation. The review included the conclusion that the recent death of an 8-year-old boy was unrelated to the company’s therapy.

