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Why Ultragenyx shares fell despite resubmitting its gene therapy?
short by / on Friday, 30 January, 2026
Shares of Ultragenyx Pharmaceutical Inc fell 3% after the company resubmitted its application for a gene therapy to treat Sanfilippo syndrome. The drug was earlier rejected by the United States Food and Drug Administration, which asked for more data. Ultragenyx now expects a decision in 2026, keeping various investors cautious.
read more at Stocktwits