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biotechnician

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biotechnician

Re: None

Monday, 09/26/2016 4:00:05 PM

Monday, September 26, 2016 4:00:05 PM

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Summit's (SMMT) drug received fast-track status, which will dramatically speed the review process. They are currently trading just above $100 million market capitalization but could easily run to $1B (a 10x gain) before they file for NDA. Recall that SRPT reached about $1.5B before approval and eteplirsen only addresses 13% of the DMD population, whereas Summit's drug is intended for the entire DMD population !!

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