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0.00157331655129014 0.000314663310258073 0.000157331655128981 -0.00157331655129014 -0.00534927627438635 -0.0245437382001259 -0.0373410950283196 -0.0382315921963499
Stock impact report

SRRK Stock Soars as Muscle Disease Drug Meets Phase III Study Goal [Yahoo! Finance]

Scholar Rock Holding Corporation (SRRK) 
Last scholar rock holding corporation earnings: 11/12 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of Scholar Rock SRRK skyrocketed 362% on Monday after the company announced positive top-line results from the late-stage study, evaluating the efficacy and safety of its investigational muscle-targeted therapy, apitegromab, to treat spinal muscular atrophy (SMA). Apitegromab is a fully human monoclonal antibody inhibiting myostatin activation. Myostatin is a protein that is primarily produced in skeletal muscle cells and acts as a negative regulator of muscle growth. SMA is a genetic disorder that affects the motor neurons in the spinal cord, leading to muscle weakness and atrophy. Despite progress in developing treatments targeting motor neuron loss, there remains a significant unmet need for therapies that directly address the progressive muscle weakness responsible for the decline in motor function in SMA. SRRK's Late-Stage SMA Study Meets Primary Goal Per the data readout, the phase III SAPPHIRE study met its primary endpoint demonstrating a statistically significan Show less Read more
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