Sarepta enjoys early sales ramp for DMD gene therapy, maintains confidence in label expansion

The third quarter marked a momentous one for Sarepta Therapeutics, bringing the long-anticipated launch of its Duchenne muscular dystrophy (DMD) gene therapy Elevidys.

After traveling a tumultuous road to the June approval, Sarepta reaped $69.1 million from Elevidys' first quarter on the market. The number was more than enough to beat analysts' expectations of between $20 million and $24 million.