Sangamo Plunges After Pfizer Ends Pact for Hemophilia Drug [Yahoo! Finance Canada]
Sangamo Therapeutics, Inc. (SGMO)
Last sangamo therapeutics, inc. earnings: 2/28 07:00 am
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Source: Yahoo! Finance Canada
(Bloomberg) -- Sangamo Therapeutics Inc. plummeted in early trading after Pfizer Inc. ended its partnership to develop a new gene therapy to treat hemophilia A. Most Read from Bloomberg Sangamo is considering “all options” to continue developing the drug, including finding a new partner, the company said in a statement Monday. The experimental medicine met its goal in a pivotal late-stage trial, and Sangamo said Pfizer had previously indicated that it expected to file for US and European approval in early 2025. “We were extremely surprised and very disappointed” by Pfizer's change of heart, Sangamo Chief Executive Officer Sandy Macrae said in a phone interview. The company learned of the decision on Dec. 22, he said. Shares of Sangamo fell as much as 59% before the market opened in New York Tuesday. The stock previously was up 331% this year before Pfizer's decision. Sangamo has struggled with liquidity issues. Macrae said the company had been in line for up to $220 milli
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News
- Sangamo Therapeutics, Inc. (SGMO) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their RightsAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sangamo Therapeutics, Inc. - SGMOAccesswire
- SGMO ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Sangamo Therapeutics, Inc. investmentAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Sangamo Therapeutics, Inc. (SGMO) And Encourages Stockholders to ConnectAccesswire
- SGMO ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Sangamo Therapeutics, Inc. Shareholders Who Lost MoneyAccesswire
SGMO
Earnings
- 11/12/24 - Beat
SGMO
Sec Filings
- 12/30/24 - Form 8-K
- 12/10/24 - Form 8-K
- 11/26/24 - Form 4
- SGMO's page on the SEC website