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Scholar Rock surges as genetic disease drug succeeds in late-stage trial



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** Shares of Scholar Rock SRRK.O more than triple in value to $24.24 premarket

** Says its drug, apitegromab, met the main goal in a late-stage trial in patients with a type of rare genetic neuromuscular disease

** Spinal muscular atrophy is a group of hereditary diseases affecting motor neurons

** Up to last close, stock down 60.5% YTD



Reporting by Puyaan Singh

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