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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.
Replimune Group, Inc. (NASDAQ: REPL), a biotechnology company located in Woburn, MA, focuses on pioneering tumor-directed oncolytic immunotherapies. On March 15, 2023, the management will present at the Barclays Global Healthcare Conference at 2:05 pm EDT in Miami, FL. They will also hold in-person investor meetings at the Jefferies Biotech on the Bay Summit. Replimune's innovative RPx platform utilizes a potent HSV-1 backbone designed to enhance immunogenic cell death and trigger systemic anti-tumor responses. The dual mechanism of action allows for synergistic effects with various cancer treatment modalities, showcasing its versatile and attractive safety profile.
Replimune Group raised $259 million in December from a public offering, extending its cash runway into H2 2025. The company aims to announce topline data from the CERPASS trial for RP1 in cutaneous squamous cell carcinoma (CSCC) in Q3 2023. In January, Replimune reached full enrollment of 125 patients in the IGNYTE trial, showing promising 36% overall response rates in melanoma. A collaboration with Roche for third-line colorectal cancer and first and second-line hepatocellular carcinoma trials was also disclosed. The firm appointed a new Chief Commercial Officer, gearing up for a potential 2024 product launch.
Replimune Group, a clinical-stage biotechnology company based in Woburn, MA, announced that CEO Philip Astley-Sparke will present at the SVB Securities Global Biopharma Conference on February 14, 2023, at 9:20 AM ET. This event will highlight Replimune's innovative work in developing tumor-directed oncolytic immunotherapies through its proprietary RPx platform. This platform, leveraging a potent HSV-1 backbone, aims to enhance anti-tumor immune response. A webcast of the presentation will be accessible on their website, with a replay available for 30 days post-event.
Replimune Group, Inc. (NASDAQ: REPL) announced the grant of inducement equity awards to Chris Sarchi, its new Chief Commercial Officer. These awards include non-qualified stock options to purchase 82,500 shares and restricted stock units for 55,000 shares. The options have an exercise price of $27.20, vesting over four years. The awards were approved under the Employment Commencement Incentive Plan and align with Nasdaq regulations. Replimune aims to transform cancer treatment through innovative oncolytic immunotherapies, utilizing its proprietary RPx platform.
Replimune Group, Inc. (NASDAQ: REPL) announced the appointment of Christopher Sarchi as Chief Commercial Officer and Sushil Patel, Ph.D., as Chief Strategy Officer, effective immediately. These leadership changes aim to enhance commercial planning ahead of the expected 2024 launch of RP1. Sarchi brings extensive oncology experience, including successful drug launches, while Patel will focus on global commercialization strategies. The company is pioneering oncolytic immunotherapies to transform cancer treatment.
Replimune Group, a clinical-stage biotechnology company focused on oncolytic immunotherapies, will have CEO Philip Astley-Sparke present at the 41st Annual J.P. Morgan Healthcare Conference on January 9, 2023, at 9:45 AM PT in San Francisco. The event will be broadcasted via webcast, available on their website, with a replay accessible for 30 days. Replimune's innovative RPx platform utilizes a robust HSV-1 backbone, aiming to enhance immune response against tumors, showcasing potential synergy with various cancer treatments.
BOSTON, Dec. 08, 2022 - Replimune Group, Inc. (Nasdaq: REPL) has announced the pricing of a public offering of 5,374,486 shares of common stock at $23.50 per share and pre-funded warrants for 4,200,000 shares at $23.4999 each. The total gross proceeds are expected to be approximately $225 million, before expenses. This offering is managed by J.P. Morgan and others, with a closing date of December 13, 2022, pending customary conditions. Replimune's innovative approach targets cancer treatment through its proprietary RPx platform, enhancing immunogenic responses and potentially interacting synergistically with existing therapies.
Boston, Dec. 07, 2022 - Replimune Group, Inc. (Nasdaq: REPL) has announced a proposed public offering of $125 million in common stock and pre-funded warrants. The offering includes an option for underwriters to buy an additional $18.75 million in shares. J.P. Morgan and SVB Securities are serving as joint book-running managers. This offering will follow a previously filed shelf registration statement. Adverse market conditions may impact the timing and completion of this offering.
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