Sol­id Bio is back in busi­ness af­ter the FDA lifts clin­i­cal hold on Duchenne MD gene ther­a­py

Three months af­ter the FDA dropped a clin­i­cal hold on Sol­id Bio­sciences $SLDB over safe­ty con­cerns re­lat­ed to their gene ther­a­py for Duchenne mus­cu­lar dy­s­tro­phy, the biotech is back in busi­ness. Ex­ecs said Mon­day morn­ing that the hold is gone and the FDA has signed off on their re­sponse.

Sol­id Bio’s stock shot up 18% in ear­ly trad­ing Mon­day.

The very first pa­tient to be treat­ed with SGT-001 ex­pe­ri­enced a se­ri­ous ad­verse event, trig­ger­ing alarm bells af­ter in­ves­ti­ga­tors saw a “de­crease in platelet count fol­lowed by a re­duc­tion in red blood cell count, tran­sient re­nal im­pair­ment and ev­i­dence of com­ple­ment ac­ti­va­tion.” 

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