Shares in Regenxbio plummeted more than 17% in after-hours trading on Monday after the FDA declined to approve its gene therapy for mucopolysaccharidosis type II (MPS II), a rare neurodegenerative disease also known as Hunter syndrome.The programme has been plagued with setbacks. While the FDA initially granted priority review to Regenxbio's BLA for RGX-121 (clemidsogene lanparvovec) based on results of the Phase I/II/III CAMPSIITE trial, setting a November PDUFA date, it later requested longer-term clinical data, pushing the decision deadline back to February. Then in January, RGX-121 got caught in the fallout of a safety signal seen in a clinical study of a separate gene therapy programme. An intraventricular central nervous system (CNS) tumour was detected in a child who had received experimental MPS I/Hurler syndrome treatment RGX-111 in a Phase I/II study four years earlier. The FDA halted dosing in the RGX-111 trial, as well as the RGX-121 study, pointing to similarities in product design, patient populations and potential shared risk.At the time, Regenxbio CEO Curran Simpson questioned the US regulator's decision to slam the brakes on the RGX-121 programme while an investigation continues on the "single, inconclusive incident" involving RGX-111, noting that they are separate therapies. According to Regenxbio, the complete response letter (CRL) for RGX-121 laid out several reasons for why the FDA did not not approve the gene therapy, "including uncertainty regarding the study eligibility criteria to adequately define a population with neuronopathic disease (vs. attenuated disease), the comparability of the natural history external control to the study population, and the appropriateness of CSF HS D2S6 as a surrogate endpoint reasonably likely to predict clinical benefit." In the letter, the FDA also noted that it had only "agreed to the study protocol in principle."However, the company argued that, based on its discussions with the agency during the regulatory process, it had addressed the issues raised in the CRL "through the submission of additional data and responses to numerous information requests." Regenxbio also took issue with the FDA's proposed path forward for RGX-121, which would require either a new study, dosing more patients, conducting longer-term follow-up, or using an untreated control arm — options the drugmaker described as "challenging.""We are concerned about FDA's feedback regarding the overall development path and evaluation of the data in the context of the urgent need for this irreversible ultra-rare disease," Simpson said in a company release Monday. "We remain confident in the quality and volume of evidence demonstrating the long-term potential of RGX-121 to positively change the trajectory of Hunter syndrome. This programme has been in development for over 10 years." Regenxbio said it will request a Type A meeting with the FDA and aims to resubmit its BLA "as quickly as possible." The company is the latest to receive a CRL on an application with primary endpoint–meeting pivotal data. Sanofi's tolebrutinib was rebuffed by the FDA late last year in what it called a "significant and meaningful change in direction from the feedback the agency previously provided." Similarly, Corcept Therapeutics' relacorilant was rejected in December in what the company called a "surprise and disappointment" in the face of a pivotal trial that had met its primary endpoint.For a breakdown on other high-profile rejections from the agency last year — including those handed down to Ultragenyx Pharmaceuticals, Capricor Therapeutics, Atara Biotherapeutics and Replimune — see Vital Signs: The FDA's 2025 report card.