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Scholar Rock Reports Second Quarter 2026 Financial Results and Recent Business Highlights

  • FDA review of Scholar Rock's apitegromab Biologics License Application (BLA) for spinal muscular atrophy is advancing with two independent fill-finish facilities, supporting a potential approval decision by the September 30, 2026 PDUFA date.
  • The data package for the second fill-finish facility has been submitted to the FDA, with ample commercial supply available upon approval.
  • FDA inspection classification for the Catalent Indiana LLC facility remains pending following a general site inspection in April 2026.
  • Scholar Rock's U.S. commercial team is prepared to launch apitegromab immediately upon FDA approval.
  • The company is engaging with the European Medicines Agency (EMA) regarding the Marketing Authorisation Application (MAA), awaiting FDA inspection results before potentially adding the second fill-finish facility to the MAA.
  • The Phase 2 FORGE study evaluating apitegromab in patients with facioscapulohumeral muscular dystrophy (FSHD) has been initiated with approximately 60 patients.
  • Enrollment in the Phase 2 OPAL trial for apitegromab in infants and toddlers with SMA is ongoing.
  • Development of a high-concentration subcutaneous formulation of apitegromab is progressing, with plans to align with regulators post-approval.
  • SRK-439, a novel subcutaneous myostatin inhibitor, has a Phase 1 study in healthy volunteers ongoing with topline data anticipated in late 2026.
  • Scholar Rock reported a net loss of $109.9 million for the quarter ended June 30, 2026, with no revenue recorded.
  • Cash, cash equivalents, and marketable securities totaled $492.1 million as of June 30, 2026, including $62.8 million in net proceeds from the at-the-market (ATM) program.
  • A conference call to review second quarter 2026 financial results and business updates is scheduled for August 6, 2026, at 8:00 a.m. ET.