Search Everything in One Place

Explore the web, images, videos, news, and more – all in one place.

Finance

Scholar Rock says EU opinion on SMA drug may be pushed to later in 2026

Exterior of EMA, European Medicines Agency is seen in Amsterdam
FILE PHOTO: The exterior of EMA, European Medicines Agency is seen in Amsterdam, Netherlands, December 18, 2020. REUTERS/Piroschka van de Wouw/File Photo

(Corrects July 20 story to remove reference to Catalent and add "Bloomington" in paragraph 2) By Sahil Pandey July 20 (Reuters) - Scholar Rock said on Monday a European Union opinion on its experimental spinal muscular atrophy treatment could be pushed to later this year, as regulators await the U.S. FDA's classification of a manufacturing facility included in the drug developer's European

(Corrects July 20 story to remove reference to Catalent and add "Bloomington" in paragraph 2)

By Sahil Pandey

July 20 (Reuters) - Scholar Rock said on Monday a European Union opinion on its experimental spinal muscular atrophy treatment could be pushed to later this year, as regulators await the U.S. FDA's classification of a manufacturing facility included in the drug developer's European filing.

The European Medicines Agency (EMA) is awaiting the U.S. Food and Drug Administration's classification of a Bloomington, Indiana situated fill-finish facility following an April inspection, Scholar Rock said.

The facility has been fully owned and operated by Novo Nordisk since 2024 following its acquisition of Catalent.

• A favorable FDA reclassification of the facility could clear the way for the EMA's Committee for Medicinal Products for Human Use to issue an opinion on the drug — apitegromab — later this year, said Scholar Rock.

• If the facility is not cleared, the company plans to work with European regulators to advance the application using a second fill-finish facility already included in its U.S. regulatory filing.

• Scholar Rock said the second site makes commercial products and is in good standing with U.S. and European regulators.

• CEO David Hallal said Scholar Rock remains confident it can complete the European review process using either manufacturing site.

• The company's shares were down about 1% midday.

• The FDA is reviewing apitegromab and is expected to decide on Scholar Rock's application by September 30, 2026.

• UBS analyst Michael Yee said the delay was expected because the European filing included only the Indiana facility, but added this was not a risk to the program, citing trial data showing improved motor function in patients treated with the drug.

• Spinal muscular atrophy is a rare genetic disease that causes progressive muscle weakness and can affect movement, swallowing and breathing.

(Reporting by Sahil Pandey in Bengaluru; Editing by Jonathan Ananda)

Related News

More stories you might be interested in.

STMicro's Q3 revenue view slightly lags estimates even as chip demand recovers
Reuters·30 minutes ago

STMicro's Q3 revenue view slightly lags estimates even as chip demand recovers

July 23 (Reuters) - STMicroelectronics forecast a third-quarter revenue with a midpoint slightly below market expectations on Thursday, but said chip demand from automotive, AI-related, data-centre optical and consumer electronics markets was recovering. The chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimate of $3.72 billion,

Top