Why this play is blowing past Nvidia (up 32% last week)

How long will plays have the wind at their back? [DWR Logo]( June 26, 2024 Hi Reader This bull market could really have some legs and last week we saw some proof of the massive potential. The proof was a big jump from Sarepta Therapeutics (SRPT). The stock soared 32% last week. The catalyst was a unique type of FDA announcement. It wasn’t a traditional “go” or “no go” decision. Instead it was something a bit different that points to where some big gains will be had. Here’s the story. Sarepta has developed a single-dose gene therapy for Duchenne muscular dystrophy (DMD) called Elevidys. DMD is - thankfully - a rare disorder that affects 15,000 people in the U.S. Elevidys was previous approved as a treatment for just a tiny part of this group. It was approved for Boston Children’s Hospital says, “Elevidys is for boys ages 4 or 5 who are still able to walk and have had a genetic test confirming that they have DMD.” That was only about 10% of all DMD patients. The recent FDA announcement opens up the market massively. Elevidys is now approved as a treatment for an estimated 80% of DMD patients. That’s an 8X increase that takes the potential market from about 1,500 to more than 10,000. This is a small market, but Elevidys is a very expensive treatment.. Elevidys can cost anywhere between $3.2 million (according to two publicly available estimates). As a result, this approval is potentially worth billions of dollars for Sarepta and why the stock jumped so much. There’s a bigger storyline here too. This is just one example of how gene therapies could be one of the biggest growth trends of the next decade. This is staggering growth potential and we’re still early. [nvidia] But it gets even better. Biotech, as a sector, is still out-of-favor and why good news like Sarepta received sends biotech plays soaring higher. [Click here to see why the wind could be at biotech’s back for years to come.]( [Read More Button]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 We are sending this message to {EMAIL}. [UNSUBSCRIBE]( | [PRIVACY POLICY](