financetom
Business
financetom
/
Business
/
Scholar Rock's Apitegromab Approval Still Likely Despite Delay, Wedbush Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Scholar Rock's Apitegromab Approval Still Likely Despite Delay, Wedbush Says
Sep 23, 2025 8:07 AM

10:53 AM EDT, 09/23/2025 (MT Newswires) -- Scholar Rock's ( SRRK ) potential treatment for spinal muscular atrophy, apitegromab, will eventually get approved despite the US Food and Drug Administration's complete response letter tied to issues at Catalent's fill-finish facility in Indiana delaying the drug's US launch, Wedbush Securities said in a note Tuesday.

The firm said no concerns were raised by the FDA about the drug's clinical data or safety.

Wedbush said it expects the US launch to be delayed by about a year, while a review in Europe remains active with a decision expected by mid-2026.

Wedbush maintained an outperform rating on the stock and lowered its price target to $43 from $50.

Price: 32.82, Change: +0.24, Percent Change: +0.74

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Agi Reports Higher Q4 Revenue
Agi Reports Higher Q4 Revenue
Mar 23, 2026
05:31 PM EDT, 03/23/2026 (MT Newswires) -- Agi (AGBK) reported late Monday a Q4 revenue of 2.96 billion Brazilian real ($571 million), up from 2.14 billion real a year ago. Analysts polled by FactSet expected 1.86 billion Brazilian real. ...
CERAWEEK-Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
CERAWEEK-Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
Mar 23, 2026
* TC Energy ( TRP ) ready for LNG Canada Phase 2 expansion * Iran war highlights LNG value bypassing Strait of Hormuz * Canada aims to be top LNG exporter to Asia, Poirier says By Amanda Stephenson HOUSTON, March 23 (Reuters) - The disruption to global liquefied natural gas supplies caused by the Iran war makes it more likely...
Nexstar Media Inc. Announces Early Settlement Date for the Previously Announced Tender Offer and Consent Solicitation for Any and All of TEGNA Inc.’s 5.000% Senior Notes Due 2029
Nexstar Media Inc. Announces Early Settlement Date for the Previously Announced Tender Offer and Consent Solicitation for Any and All of TEGNA Inc.’s 5.000% Senior Notes Due 2029
Mar 23, 2026
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Inc. (the “Offeror”), a wholly owned subsidiary of Nexstar Media Group, Inc. ( NXST ) (“Nexstar Media Group”), announced today that there will be an Early Settlement Date on March 25, 2026 (the “Early Settlement Date”) for the TEGNA Inc.’s 5.000% Senior Notes due 2029 (the “Notes”) that were tendered by the Early Tender Deadline...
Limoneira Halts Dividend to Support Strategic Investments
Limoneira Halts Dividend to Support Strategic Investments
Mar 23, 2026
05:34 PM EDT, 03/23/2026 (MT Newswires) -- Limoneira ( LMNR ) said late Monday its board has paused regular dividends to fund strategic investments in avocado production expansion, organic recycling, and new housing. The company also reiterated fiscal 2026 volume guidance of 4 million to 4.5 million lemon cartons and 5 million to 6 million pounds of avocados, and said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved