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Sarepta to Acquire Myonexus for $165M

Will in turn acquire transformative gene therapies for five LGMDs: LGMD2E, LGMD2D, LGMD2B, LGMD2C and LGMD2L

Sarepta Therapeutics has exercised its option to acquire Myonexus Therapeutics, a clinical-stage biotechnology company developing transformative gene therapies for five LGMDs: LGMD2E, LGMD2D, LGMD2B, LGMD2C and LGMD2L.    Subject to satisfaction of closing conditions, Sarepta will pay the Myonexus shareholders $165 million.   LGMDs represent a group of distinct genetic neuromuscular diseases with a generally common set of symptoms, including progressive, debilitating weakness and w...

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