William Blair analyst Sami Corwin has maintained their bullish stance on SLDB stock, giving a Buy rating today.
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Sami Corwin has given his Buy rating due to a combination of factors, primarily focusing on the recent regulatory approvals and the potential of Solid Biosciences’ pipeline. The clearance of the IND by the FDA and the CTA by Health Canada for SGT-501 marks a significant milestone for the company, indicating a promising future for their gene therapy targeting CPVT, a severe cardiac condition. This development is expected to contribute to a series of catalysts anticipated in 2026, enhancing the company’s growth prospects.
Moreover, Solid Biosciences is preparing to initiate a Phase Ib clinical trial for SGT-501, which will initially involve adult patients and later expand to younger demographics, pending safety results. The company’s innovative approach to manufacturing and its strategic dosing plan, which may involve a treadmill stress test to assess efficacy, further underscore the potential success of their clinical endeavors. These factors collectively support the Buy rating, as they reflect Solid Biosciences’ commitment to advancing its therapeutic pipeline and addressing unmet medical needs.
Corwin covers the Healthcare sector, focusing on stocks such as Sarepta Therapeutics, PTC Therapeutics, and Crispr Therapeutics AG. According to TipRanks, Corwin has an average return of 1.6% and a 41.54% success rate on recommended stocks.