Where Is The Bottom? Solid Biosciences Inc (NASDAQ:SLDB)

Solid Biosciences Inc (NASDAQ: SLDB) stock continued to trend lower on Tuesday. The stock has been under selling pressure since early March. The stock has almost 68% since March.

Market Action

SLDB stock ended lower by 2.56% to close at $3.80 on Tuesday. The stock made a high and low of $3.97 and $3.80 respectively for the session after opening at $3.94. The total volume for the day was 717K shares – below its average volume of 1.53 million shares.

Solid Biosciences to Present at Upcoming Scientific Conferences

  • SLDB announced that the Company will participate at the following upcoming scientific conferences: 16th International Congress of Neuromuscular Diseases – May 21-22 & 28-29
  • Perry Shieh, MD, Professor of Neurology and Pediatrics at the University of California, Los Angeles, and an IGNITE DMD investigator, will present data from the ongoing Phase I/II IGNITE DMD clinical trial of SGT-001 microdystrophin gene therapy in patients with Duchenne, which were previously presented in a Company business update on May 14, 2021.
  • This includes long-term biopsy data collected from patients 4-6 at the 2E14 vg/kg dose level. Analyses of the biopsies, taken 2 years, 1.5 years and 1-year post-dosing, respectively, indicate evidence of durable and widespread expression of the microdystrophin protein.
  • The presentation will also include a one-year safety and efficacy evaluation of those patients and patients previously dosed at the 5E13 vg/kg level.
  • The digital poster, abstract number 747, “IGNITE-DMD: One-year Safety and Efficacy Evaluation of SGT-001 Microdystrophin Gene Therapy for DMD,” will be available to participants, on the congress website, for the duration of the meeting. Dr. Shieh will accept questions in the ePoster chat during the live congress dates.
  • Gene Therapy for Muscular Disorders – May 25-27
  • Carl Morris, Ph.D., Chief Scientific Officer at Solid Biosciences, will discuss pre-clinical and clinical drug development and outcome measures for patients with Duchenne, on Wednesday, May 26, 2021, at 8:40 a.m. ET.
  • Dr. Morris will also join gene therapy experts on two panels on Wednesday, May 26: “Overcoming Challenges to Demonstrate Durability in the Muscle,” at 9:20 a.m. ET and “Seeking Translatable Biomarkers,” at 2:10 p.m. ET.

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