Law Street Media

Sarepta Faces Scrutiny from Press, Investors, Lawyers — and Trump Team

Research of medical technology.

Research and development concept. Double exposure image of scientific and medical lab instrument, microscope, test tube and glass flask for microbiology and chemistry in laboratory for medicine study.

FOIAengine: Maker of Elevidys Targeted by 91 FOIA Requests in 19 Months

As biotech firm Sarepta Therapeutics (NASD: SRPT) battles patient deaths, regulatory action, and a cratering stock price, its dealings with the Food and Drug Administration are being monitored closely by law firms, financial institutions, news media, and the Trump Administration.

Sarepta and its gene therapy drug Elevidys were the target of 37 Freedom of Information Act requests during the first seven months of 2025, according to PoliScio Analytics’ competitive-intelligence database FOIAengine, which tracks FOIA requests in as close to real-time as their availability allows. Fifty-four such requests were submitted during 2024.

FOIA requests to the FDA about specific companies usually are filed by financial firms, which explains why Sarepta has been the subject of seven requests from investment professionals. But many of this year’s Sarepta-related requests also have come from journalists covering the company (6) and law firms eyeing or responding to legal actions (9). Among the submitters are Bloomberg News, the Washington Post, and Kelley, Drye & Warren.

Sarepta is a Boston-based genetic drugmaker marketing Elevidys and three other therapies for Duchenne muscular dystrophy, a severe, progressive genetic disorder targeting boys and young men that primarily affects muscle function and often results in an early death. 

Sarepta and Elevidys have had a tough year. Three deaths linked to the drug prompted the company to suspend shipments in mid-June, and on July 18 the FDA requested a stop to all shipments, which Sarepta agreed to on July 21.  Short sellers smelled blood in the water and went on the attack.  

But one week later, the FDA cleared Elevidys for use in ambulatory patients after finding no link between the therapy and a Brazilian patient’s death.  

Bloomberg reported earlier this week that the FDA’s about face on Elevidys came after an active campaign organized by Duchenne patients and their families. According to Bloomberg, the parents were “being helped by power players aligned with Donald Trump’s second administration, including Senator Ron Johnson … and influencer Laura Loomer who viewed a top FDA official as disloyal to the president.” 

Bloomberg also reported that one day after the agency’s reversal on Elevidys, Vinay Prasad, the head of the FDA’s Center for Biologics Evaluation and Research “resigned following intense criticism from conservative media.”  The Bloomberg article’s conclusion: “Sarepta had won, at least for now.”

These developments, along with a large debt payment obligation, restructuring plans, and an erratic stock price prompted the 37 FOIA requests in 2025 seeking adverse event reports, inspection reports, and product approval documentation. An FDA Adverse Event Report (FAERS) describes adverse reactions and medication error reports associated with the use of drug or biologic products.

Sarepta-related requests during July included the following:

Roundup: Other FOIA Requests to the FDA During July

Financial Institution Requests were submitted by Point72 (4), Cantor Fitzgerald (4) Acuta Capital Partners (3), Cantor Fitzgerald, Triple Gate Capital (3) and one each from Bank of America, Kinmen Capital, LifeSci Capital, Nomura Financial Advisory and Securities, and Tyro Partners.  Hedge fund requests included the following:

Law Firm Requests included the following:  

News Media Requests included the following:

FOIAengine is the only source for the most comprehensive, fully searchable archive of FOIA requests across over 40 federal departments and agencies. FOIAengine has more robust functionality and searching capabilities and standardizes data from different agencies to make it easier to work with. Learn more about FOIAengine here. Sign up here to become a trial user of FOIAengine.

PoliScio now offers everyone free daily FOIAengine Email Alerts when a new FOIA request matches one of your personal keywords. Sign up here to create your account and identify your keywords.

FOIAengine access now is available for all professional members of Investigative Reporters and Editors, a non-profit organization dedicated to improving the quality of journalism. IRE is the world’s oldest and largest association of investigative journalists. PoliScio Analytics is proud to be partnering with IRE to provide this valuable content to investigative reporters worldwide. 

To see all the requests mentioned in this article, log in or sign up to become a FOIAengine user

Next:  The latest hedge fund requests to the Securities and Exchange Commission.

Randy E. Miller, co-creator of FOIAengine, is a Washington lawyer, publisher, and former government official. He has developed several online information products and was a partner at Hogan Lovells, where he founded the firm’s Brussels office and represented clients on international regulatory matters. Miller also has served as a White House trade lawyer, Senior Legal Adviser to the U.S. Mission to the World Trade Organization, policy director to Senator Bob Dole, and adjunct professor at Georgetown University. He is a graduate of Yale and Georgetown Law. FOIAengine is a product of PoliScio Analytics (PoliScio.com), a venture specializing in U.S. political and governmental research, co-founded by Miller and Washington journalist John A. Jenkins. Write to Randy E. Miller at randy@poliscio.com.

Exit mobile version