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Tuesday, June 5, 2018

Sarepta new gene therapy unit positive: Nomura


Nomura Instinet positive on Dr. Rodino-Klapac joining Sarepta. Nomura Instinet analyst Christopher Marai views the appointment of Dr. Rodino-Klapac as Sarepta Therapeutics’ Vice President of a newly created gene-therapy unit positively. The news further indicates that Sarepta is broadly expanding its gene therapy program in neuromuscular diseases, Marai tells investors in a research note. He reiterates a Buy rating on the shares with a $131 price target.

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