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Sarepta sinks after FDA rejects DMD therapy

Sarepta dropped $15.61 (13%) to $104.70 in after hours trading Monday, losing over $1.1 billion in market cap, after FDA issued a complete response letter for golodirsen, the biotech's second exon skipping therapy for Duchenne muscular dystrophy.

Sarepta Therapeutics Inc. (NASDAQ:SRPT)

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