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Replimune Group, Inc. - REPL STOCK NEWS

Welcome to our dedicated page for Replimune Group news (Ticker: REPL), a resource for investors and traders seeking the latest updates and insights on Replimune Group stock.

Replimune Group, Inc. (NASDAQ: REPL) is a clinical-stage biotechnology company committed to advancing cancer treatment through innovative oncolytic immune-gene therapies. Founded in 2015 and headquartered in Woburn, Massachusetts, Replimune leverages its proprietary Immulytic™ platform to develop product candidates aimed at activating the immune system against solid tumors.

The core of Replimune’s portfolio includes RP1, RP2, and RP3, all based on genetically-engineered strains of herpes simplex virus 1 (HSV-1). These strains are modified to maximize tumor killing and stimulate a systemic anti-tumor immune response. RP1, the company’s lead product, is designed for enhanced tumor killing and has shown promising results in combination with anti-PD1 therapies. It is currently undergoing clinical trials for anti-PD1 failed melanoma and other skin cancers, with plans to submit a Biologics License Application (BLA) in 2H 2024.

Another notable candidate is RP2, which expresses an anti-CTLA-4 antibody-like protein to further enhance immune response. RP2 has demonstrated durable response rates in advanced uveal melanoma patients, a particularly challenging cancer type with limited treatment options. RP3, the third candidate in the pipeline, is engineered to express multiple immune-activating proteins, though its development has currently been paused to focus on higher priority programs.

Replimune's recent achievements include favorable safety profiles and substantial response rates in clinical trials. For instance, RP2 in combination with nivolumab showed a durable overall response rate of nearly 30% in patients with metastatic uveal melanoma. Additionally, RP1 has demonstrated significant anti-tumor activity in organ transplant recipients who typically cannot undergo systemic immunotherapy.

The company has established alliances with major pharmaceutical entities, such as Regeneron Pharmaceuticals, to further its clinical trials and explore combination therapies. Financially, Replimune is robust, with a cash runway extending into early 2026, thanks to strategic reprioritization and successful capital management.

Replimune is dedicated to evolving its portfolio and optimizing its RPx platform. The dual local and systemic mechanism of action of its therapies offers a versatile approach that can be combined with various other cancer treatment modalities, thus holding significant promise for the future of oncology.

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Replimune Group (NASDAQ: REPL) announced financial results for Q2 2024 and provided corporate updates. The company completed a pre-BLA meeting with FDA and plans to submit BLA for RP1 plus nivolumab in anti-PD1 failed melanoma via accelerated approval pathway by year-end. The IGNYTE-3 confirmatory trial enrolled its first patient in August.

Key financial metrics: Cash position of $432.1 million as of September 30, 2024, R&D expenses decreased to $43.4 million from $49.1 million YoY, and net loss improved to $53.1 million from $60.0 million YoY. The company expects current cash to fund operations into second half of 2026.

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Replimune presented primary analysis data from the IGNYTE clinical trial evaluating RP1 combined with nivolumab in anti-PD1 failed melanoma patients at SITC 2024. The trial included 140 patients with a median follow-up of 15.4 months. Key results showed an overall response rate of 33.6% by mRECIST criteria, with a 15% complete response rate. The median duration of response was 21.6 months, with one-, two-, and three-year survival rates of 75.3%, 63.3%, and 54.8%, respectively. Biomarker data demonstrated increased CD8+ T cell and PD-L1 expression, indicating potential for generating anti-tumor immune responses. The treatment was well-tolerated with mostly Grade 1-2 adverse events.

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Replimune Group announced inducement equity awards to 12 newly hired non-executive employees. The awards include non-qualified stock options to purchase 19,390 shares at $12.02 per share and restricted stock units representing 38,810 shares. The options have a 10-year term with 25% vesting after one year and the remainder monthly over three years. The restricted stock units vest in four annual installments starting November 15, 2025. These awards were approved under Nasdaq Listing Rule 5635(c)(4) and align with the Company's 2018 Equity Incentive Plan terms.

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Replimune Group (NASDAQ: REPL) announced two key presentations at the 39th Annual Meeting of the Society for Immunotherapy of Cancer (SITC 2024) in Houston, Texas. The first is a late-breaking oral presentation featuring primary analysis data from the IGNYTE clinical trial, including subgroup and initial biomarker analyses of RP1 plus nivolumab in anti-PD1 failed melanoma patients. Dr. Michael K. Wong from MD Anderson Cancer Center will present this on November 9, 2024.

Additionally, Dr. Diwakar Davar from UPMC Hillman Cancer Center will present an encore poster on November 8, 2024, sharing data from the ARTACUS clinical trial, which studied RP1 monotherapy in solid organ transplant patients with advanced cutaneous malignancies.

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Replimune Group, Inc. (NASDAQ: REPL), a clinical stage biotechnology company, has announced the grant of inducement equity awards to 9 newly hired non-executive employees. The awards include:

- Non-qualified stock options to purchase 8,870 shares of common stock
- Restricted stock units representing 17,745 shares of common stock

The stock options have an exercise price of $11.33 per share, equal to the closing price on October 7, 2024. They have a 10-year term and will vest over four years. The restricted stock units vest in approximately four equal annual installments beginning on November 15, 2025.

These inducement awards were approved by the compensation committee under Nasdaq Listing Rule 5635(c)(4) and will have terms consistent with the Company's 2018 Equity Incentive Plan.

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Replimune Group, Inc. (Nasdaq: REPL), a clinical stage biotechnology company focused on developing novel oncolytic immunotherapies, has announced its participation in two upcoming investor conferences. The company's management team will be presenting and hosting investor meetings at these events:

1. BMO 2024 Oncology Summit on Tuesday, October 8, 2024

2. 3rd Annual Roth Healthcare Opportunities Conference on Wednesday, October 9, 2024

These conferences provide Replimune with an opportunity to showcase its progress in the field of oncolytic immunotherapies and engage with investors. The company's presence at these events underscores its commitment to advancing its clinical-stage pipeline and maintaining open communication with the investment community.

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Replimune Group (NASDAQ: REPL) presented primary analysis data from the IGNYTE clinical trial of RP1 combined with nivolumab in anti-PD1 failed melanoma at ESMO Congress 2024. The trial included 140 patients who received RP1 plus nivolumab after confirmed progression on anti-PD1 based therapy. Key results include:

- Overall response rate (ORR) of 33.6% by mRECIST and 32.9% by RECIST 1.1
- Complete response rate of 15% by mRECIST
- ORR of 27.7% in patients with prior anti-PD1 and anti-CTLA-4 treatment
- Median duration of response from treatment initiation was 27.6 months
- One-, two-, and three-year survival rates were 75.3%, 63.3%, and 54.8% respectively

The treatment was well-tolerated with mostly Grade 1-2 adverse events. Replimune plans to submit a BLA for RP1 in anti-PD1 failed melanoma in the second half of 2024.

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Replimune Group, Inc. (NASDAQ: REPL) has successfully completed a pre-Biologics License Application (pre-BLA) meeting with the FDA, supporting their plans to submit a BLA for RP1 (vusolimogene oderparepvec) in the treatment of anti-PD1 failed melanoma via the accelerated approval pathway in 2H 2024. The company's CEO, Sushil Patel, confirmed that the accelerated approval path is available for RP1 in this indication. Topline results from the primary analysis of the IGNYTE clinical trial of RP1 plus nivolumab showed an overall response rate of 33%. Independently reviewed data from this trial, including key secondary endpoints and subgroup analyses, will be presented at the ESMO Annual Congress 2024 in Barcelona on September 15, 2024.

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Replimune Group, Inc. (Nasdaq: REPL), a clinical stage biotechnology company, announced the election of Madhavan (Madhu) Balachandran to its Board of Directors at the annual stockholders meeting. Balachandran brings over 40 years of experience in manufacturing and operations to Replimune's board. He previously served as Executive Vice President of Operations at Amgen Inc., overseeing global operations. CEO Sushil Patel expressed enthusiasm about Balachandran's addition, citing his valuable experience in commercial development, manufacturing, and operations as assets for Replimune's commercialization preparations. Balachandran's background includes senior operations positions at Burroughs Wellcome Co. and an extensive educational background in chemical engineering and business administration.

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Replimune Group (NASDAQ: REPL) announced that a late-breaking abstract presenting the primary analysis of the IGNYTE clinical trial has been selected for oral presentation at the European Society for Medical Oncology (ESMO) Congress 2024. The presentation, titled 'Primary efficacy, safety, and survival data from the registration-intended cohort of patients with anti-PD-1-failed melanoma from the IGNYTE clinical trial with RP1 combined with nivolumab,' will be delivered by Dr. Caroline Robert from Gustave Roussy Cancer Center on September 15, 2024. This presentation is part of the Mini Oral Session on Melanoma and other skin tumors, highlighting Replimune's progress in developing novel oncolytic immunotherapies.

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FAQ

What is the current stock price of Replimune Group (REPL)?

The current stock price of Replimune Group (REPL) is $11.23 as of November 20, 2024.

What is the market cap of Replimune Group (REPL)?

The market cap of Replimune Group (REPL) is approximately 766.3M.

What is Replimune Group, Inc.?

Replimune Group, Inc. is a biotechnology company focused on developing oncolytic immune-gene therapies to treat cancer by activating the immune system against tumors.

What is the Immulytic™ platform?

The Immulytic™ platform is Replimune's proprietary technology for designing and developing therapies that use genetically-engineered strains of herpes simplex virus 1 to maximize tumor killing and stimulate systemic anti-tumor immune responses.

What are Replimune’s main product candidates?

Replimune’s main product candidates are RP1, RP2, and RP3. RP1 focuses on solid tumors, RP2 enhances immune response with an anti-CTLA-4 antibody-like protein, and RP3 expresses multiple immune-activating proteins.

What recent achievements has Replimune made?

Recent achievements include favorable safety profiles and durable response rates for RP2 in combination with nivolumab for metastatic uveal melanoma and significant anti-tumor activity for RP1 in organ transplant recipients.

What are the clinical goals for RP1?

The clinical goals for RP1 include submitting a Biologics License Application (BLA) in the second half of 2024 for the treatment of anti-PD1 failed melanoma and advancing trials for other skin cancers.

How does RP2 differ from RP1?

RP2 differs from RP1 by additionally expressing an anti-CTLA-4 antibody-like protein, enhancing the immune response further. It has shown promising results in treating uveal melanoma.

What is the financial outlook for Replimune?

Replimune has a solid financial outlook with a cash runway extending into early 2026, supported by strategic portfolio reprioritization and effective capital management.

What partnerships does Replimune have?

Replimune has established partnerships with major pharmaceutical companies, including Regeneron Pharmaceuticals, to enhance its clinical trial capabilities and explore combination therapies.

What is the RPx platform?

The RPx platform is Replimune's innovative technology based on HSV-1 strains engineered to induce immunogenic cell death and activate a comprehensive anti-tumor immune response. It supports the development of versatile cancer treatment modalities.

What are Replimune's future plans?

Replimune plans to continue developing its lead candidates, explore new indications, and potentially bring its first oncolytic immunotherapy to market following regulatory submissions and approvals.

Replimune Group, Inc.

Nasdaq:REPL

REPL Rankings

REPL Stock Data

766.28M
64.00M
4.74%
103.57%
10.32%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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