After a prolonged period of significant share price declines, Sangamo Therapeutics is back in the spotlight following a critical regulatory development for its lead gene therapy candidate. This progress has investors questioning whether it marks a potential inflection point for the biotech firm.
Shifting Investor Sentiment
The announcement has prompted a noticeable shift in market sentiment. By January 9, 2026, Sangamo’s stock had recorded a five-day gain exceeding 7%. This upward movement suggests a renewed focus from the investment community on the company’s development pipeline, which comes after the equity lost nearly two-thirds of its value over the preceding twelve months. The current developments highlight Sangamo’s ongoing strategy within the genomic medicine sector, with the future trajectory of its shares now heavily dependent on the regulatory pathway for its flagship program.
The Catalyst: ST-920’s Advancing Pathway
At the core of this cautious optimism is Sangamo’s investigational gene therapy, ST-920, targeting Fabry disease. On December 18, 2025, the company initiated a “Rolling Submission” for marketing approval with the U.S. Food and Drug Administration (FDA). This regulatory mechanism allows for the review of application components as they are completed, potentially accelerating the overall approval timeline. Sangamo anticipates finalizing the full submission in the second quarter of 2026.
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A pivotal aspect of this process is the FDA’s agreement that a specific measure of kidney function—the eGFR slope at 52 weeks—can serve as the primary endpoint for an accelerated approval pathway. Data from the ongoing STAAR study indicates a stabilization of kidney function in treated patients. Furthermore, ST-920 already holds several favorable FDA designations, including Orphan Drug and Fast Track status, underscoring the therapy’s potential to address a significant unmet medical need.
The Road Ahead
The impending completion of the Biologics License Application (BLA) submission in the coming quarter stands as the next crucial milestone for Sangamo. All eyes will remain fixed on the regulatory progress of ST-920, which now represents the central driver for the company’s valuation and a key test of its genomic medicine platform.
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