More bad news for Sarepta; Novartis, Microsoft join forces in AI pact
→ Sarepta $SRPT is still feeling the heat. A little more than a month after the FDA threw an unexpected surprise rejection for the company’s application for an accelerated approval of its Duchenne MD drug, golodirsen, the company faced more bad news today. A rival company in Japan, NS Pharma, said that it had submitted the necessary paperwork needed for approval of their new drug, viltolarsen, to treat Duchenne MD for children born with the disorder caused by a mutation in the DNA sequence exon 53. According to a STAT report, NS Pharma expects viltolarsen to be approved in the US by the middle of 2020, if not sooner — barring any setbacks.
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