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Elevidys, which is also facing regulatory hurdles in the US, was developed by Sarepta Therapeutics but is sold by Roche outside of the US.
As first-line treatments in metastatic HER2-positive breast cancer evolve, the firm expects its HER2 targeted therapies to remain integral to growth.
Blood Cancer UK is launching early career grants following a tough pandemic-era funding climate, while US funders worry about federal cuts.
The reorganization and pipeline prioritization is expected to extend the company's operational runway into 2027 and support its long-term growth.