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Sarepta to cut 500 jobs after gene therapy setback

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Sarepta to cut 500 jobs after gene therapy setback

Jul 16, 2025 1:28 PM

July 16 (Reuters) - Sarepta Therapeutics ( SRPT ) said

on Wednesday it would lay off 36% of its workforce, or about 500

employees.

The workforce reduction comes shortly after the company

reported two deaths due to acute liver failure in non-ambulatory

Duchenne muscular dystrophy patients who had received its gene

therapy, Elevidys.

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