Leerink still cautious on FDA approving eteplirsen with existing data Leerink says it continues to have reservations that the FDA will approve Sarepta's eteplirsen on its existing data set. The firm thinks today's news supports its belief that the FDA is "kicking the can down the road" on an eteplirsen decision until it obtains more analyzed data. Leerink reiterates a Market Perform rating on Sarepta with a $31 price target.
News For SRPT From The Last 14 Days
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Nebraska Medical Center not naming Ebola drug, The Street reports Nebraska Medical Center is not releasing the name of the experimental Ebola drug being given to Dr. Rick Sacra, The Street's Adam Feuerstein reports, citing an emailed response from the hospital. Traders are speculating Tekmira (TKMR) is the manufacturer of the drug, Feuerstein points out. Sarepta (SRPT) disclosed that it is not involved in the treatment of Sacra, added Feuerstein. Shares of Tekmira are up 3% to $19.65 in morning trading. Reference Link