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Rocket Pharmaceuticals Shares Surge after FDA Accepts Drug Application Resubmission

Provided by Dow Jones Oct 14, 2025, 5:00:00 PM

By Nicholas G. Miller

Shares of Rocket Pharmaceuticals surged after the Food and Drug Administration accepted its resubmitted application for its Kresladi drug to treat severe Leukocyte Adhesion Deficiency-I, a rare genetic disorder.

The stock rose 16% to $4.04 Tuesday, but is still down 68% so far this year.

The FDA set a deadline of March 28, 2026, to rule on Rocket's application. If approved, the company is eligible for a Rare Pediatric Disease Priority Review Voucher, which would allow it to receive priority review from the FDA for a different product.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

October 14, 2025 13:00 ET (17:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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