--- title: "Sarepta finally gets some good news: A patient death wasn't its DMD drug's fault." description: "Sarepta Therapeutics Inc. received positive news from the FDA, allowing the resumption of shipments for its DMD drug, Elevidys, after a pause due to safety concerns. The FDA confirmed that one patient" type: "news" locale: "en" url: "https://longbridge.com/en/news/250648835.md" published_at: "2025-07-29T18:55:31.000Z" --- # Sarepta finally gets some good news: A patient death wasn't its DMD drug's fault. > Sarepta Therapeutics Inc. received positive news from the FDA, allowing the resumption of shipments for its DMD drug, Elevidys, after a pause due to safety concerns. The FDA confirmed that one patient death was unrelated to the drug. Despite a 17.4% stock increase, analysts express caution about restoring confidence among doctors and patients. J.P. Morgan upgraded the stock to neutral, while Oppenheimer turned bullish, acknowledging challenges ahead. The stock has seen a significant decline of 88.9% in 2025, contrasting with gains in the broader biotech sector. By Tomi Kilgore FDA says the drugmaker can start shipping Elevidys again, but analysts worry it will take time for doctors and Duchenne muscular dystrophy patients to get comfortable using the drug Sarepta Therapeutics Inc. investors finally got some good news, but analysts worry that it could still take a while for doctors and patients to again feel comfortable using the biotechnology company's treatment for Duchenne muscular dystrophy. That's because there has been a string of negative developments over the past several months, including three deaths from liver failure of patients taking Sarepta's DMD drugs - which led to a pause in shipments - along with large job cuts at the drugmaker and a much wider-than-expected quarterly loss. Then late Monday, the company (SRPT) said the U.S. Food and Drug Administration said it may lift its voluntary pause on shipments of Elevidys for DMD patients who are able to walk, a week after the shipments were paused. Sarepta said it will resume shipping Elevidys "imminently." But perhaps more important, the FDA said its review of the drug's safety data showed that one of the patient deaths, that of an 8-year-old in Brazil, was "unrelated to treatment with Elevidys." The stock shot up 17.4% in afternoon trading, adding to Friday's 16.2% rally. But even with those gains, the stock was still down 4.9% in July, which puts it on track for an eighth straight monthly decline, the longest since the company went public in June 1997. J.P. Morgan analyst Anupam Rama said in a Tuesday note to clients that the FDA's recommendation to remove the shipment pause "is certainly a clear win" for Sarepta investors and enough for him upgrade the stock to neutral, just four days after downgrading it to underweight. But he remains concerned about the company's ability to restore the confidence of patients, their parents and doctors, as well as investors. He also believes it could take a couple of quarters to understand how Elevidys is launched given the "unprecedented" regulatory situation. There's also a risk of more negative headlines surrounding the drug. Meanwhile, Oppenheimer's Andreas Argyrides turned bullish on the stock a week after downgrading it to a neutral rating, as the return of Elevidys to market is a "major relief" for the stock. "We acknowledge near-term hurdles for uptake as patients digest safety updates," Argyrides wrote, "but remain constructive hereon." The stock has plummeted 88.9% in 2025, which turned a company with an $11.8 billion market capitalization at the end of 2024 into a $1.6 billion company. In comparison, the iShares Biotechnology ETF IBB has gained 1.2% this year and the S&P 500 index SPX has advanced 8.4%. \-Tomi Kilgore This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. 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