Credit Suisse sees ‘high’ likelihood for Sarepta’s SRP-9001 approval

Credit Suisse analyst Judah Frommer says Sarepta announced that the date of the advisory committee meeting for SRP-9001 will be May 12. The firm, which made no change to its Neutral rating or $139 price target, says while the later-than-ideal AdCom timing may add some additional consternation, the consensus path forward seems to be set with a "reasonably high" likelihood for ultimate approval around May 29.