Sarepta Therapeutics Off To A Strong Start With New Name And Data

The RNA drug-discovery company, formerly AVI BioPharma, is reinventing itself as an orphan disease drug specialist called Sarepta Therapeutics. With the release of positive Phase IIb data on its lead candidate for Duchenne muscular dystrophy, the transformation has gotten a big boost.

With a new name and positive Phase IIb data on its lead development compound – an RNA-based drug for the treatment of Duchenne muscular dystrophy – Sarepta Therapeutics Inc.is in the midst of transforming itself into an orphan disease specialist. The company, formerly called AVI BioPharma, was known for years mainly as an RNA technology and drug-discovery company, albeit one that struggled to sign lucrative partnerships with big pharma like some of the leading pioneers.

The company changed course to embrace an orphan disease business model, focused on its early clinical-stage DMD program, under the leadership of CEO Chris Garabedian, who stepped into the role...

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