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Replimune Presents Final First-in-Human Data for RP2 in Advanced Solid Tumors During Oral Presentation at the 2026 American Society of Clinical Oncology Annual Meeting

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(Moderate)
Rhea-AI Sentiment
(Positive)
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Replimune (NASDAQ: REPL) reported final first-in-human Phase 1 data for RP2, alone and with nivolumab, in 85 heavily pretreated patients with advanced solid tumors at the 2026 ASCO meeting.

RP2 showed objective responses, durable disease control, systemic immune activity, and a favorable safety profile, supporting an ongoing randomized Phase 2/3 uveal melanoma trial.

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AI-generated analysis. Not financial advice.

Positive

  • RP2 monotherapy objective response rate of 19.0% (4/21 evaluable patients)
  • RP2+nivolumab objective response rate of 19.1% and disease control rate of 48.9%
  • Pooled uveal melanoma objective response rate of 33.3% across RP2 regimens
  • Responses durable with monotherapy median duration of response not reached (range 11.5–27.3+ months)
  • Combination median duration of response 22.1 months (range 2.8–35.2+ months)
  • No Grade 4/5 treatment-related adverse events and no unexpected toxicities reported

Negative

  • None.

News Market Reaction – REPL

+3.57%
1 alert
+3.57% News Effect
+$25M Valuation Impact
$717.56M Market Cap
10.06K Volume

On the day this news was published, REPL gained 3.57%, reflecting a moderate positive market reaction. This price movement added approximately $25M to the company's valuation, bringing the market cap to $717.56M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Patients enrolled: 85 patients Prior therapy lines: Median 2 prior lines Prior ICI therapy: 42% of patients +5 more
8 metrics
Patients enrolled 85 patients Phase 1 first-in-human RP2 trial in advanced solid tumors
Prior therapy lines Median 2 prior lines Systemic therapy before enrollment in Phase 1 RP2 study
Prior ICI therapy 42% of patients Received immune checkpoint inhibitor therapy before RP2
RP2 monotherapy ORR 19.0% (4/21) Objective response rate in evaluable monotherapy patients
RP2+nivolumab ORR 19.1% (9/47) Objective response rate in evaluable combination cohort
Disease control rate 48.9% RP2 in combination with nivolumab in advanced solid tumors
Pooled uveal melanoma ORR 33.3% RP2 monotherapy and RP2+nivolumab pooled analysis
Median duration of response 22.1 months Combination group; monotherapy median not reached

Market Reality Check

Price: $9.00 Vol: Volume 50,940,623 vs 20-d...
high vol
$9.00 Last Close
Volume Volume 50,940,623 vs 20-day average 8,747,065 (relative volume 5.82x). high
Technical Price $8.69, trading above 200-day MA at $6.79, after a 85.68% move.

Peers on Argus

REPL rose 85.68% while key biotech peers showed modest, mixed moves (e.g., BCYC ...

REPL rose 85.68% while key biotech peers showed modest, mixed moves (e.g., BCYC +0.53, CRVS -1.19, NBTX -0.83), indicating a stock-specific reaction rather than a sector-wide shift.

Historical Context

5 past events · Latest: May 29 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 29 RP1 BLA resubmission Positive +85.7% FDA discussions cleared path to resubmit RP1 BLA for advanced melanoma.
Apr 27 ASCO presentations Positive +10.7% Planned multiple ASCO presentations for RP1/RP2 clinical updates.
Apr 10 RP1 FDA CRL Negative -64.3% FDA Complete Response Letter for RP1 BLA in advanced melanoma.
Mar 2 Investor conferences Neutral -6.4% Management scheduled presentations at two March 2026 investor conferences.
Feb 3 Q3 earnings update Neutral +5.8% Reported Q3 2026 results, cash runway into late Q1 2027, and trial progress.
Pattern Detected

Recent news reactions have generally aligned with sentiment, with sharp moves on major regulatory updates and more mixed responses to routine events.

Recent Company History

Over the last few months, REPL has experienced major regulatory and clinical milestones. A Apr 10 FDA CRL for RP1 plus nivolumab in advanced melanoma led to a -64.29% move, followed by a planned BLA resubmission on May 29 that coincided with a +85.68% reaction. ASCO presentation news on Apr 27 saw a +10.74% move. Earnings on Feb 3 and conference appearances on Mar 2 drove smaller, mixed reactions, showing the stock’s largest moves tend to cluster around pivotal regulatory and clinical announcements.

Regulatory & Risk Context

Active S-3 Shelf · $250,000,000
Shelf Active
Active S-3 Shelf Registration 2025-11-06
$250,000,000 registered capacity

An effective shelf registration statement on Form S-3/A dated Nov 6, 2025 covers up to $250,000,000 of securities, including an at-the-market program of up to $100,000,000 of common stock within that amount. The shelf shows 0 reported usage so far, with expiration on Nov 6, 2028. This framework allows the company to raise capital from time to time as needed.

Market Pulse Summary

This announcement highlights final first-in-human data for RP2 in advanced solid tumors, with ORRs o...
Analysis

This announcement highlights final first-in-human data for RP2 in advanced solid tumors, with ORRs of 19.0% as monotherapy and 19.1% in combination, plus a pooled uveal melanoma ORR of 33.3% and durable responses. It follows a period marked by an FDA CRL and a planned RP1 BLA resubmission. Investors may track progression of the randomized Phase 2/3 uveal melanoma trial, future regulatory interactions, and any capital raised under the existing $250,000,000 shelf.

Key Terms

oncolytic immunotherapies, nivolumab, objective response rate (ORR), disease control rate, +4 more
8 terms
oncolytic immunotherapies medical
"a clinical-stage biotechnology company pioneering the development of novel oncolytic immunotherapies"
Oncolytic immunotherapies are treatments that use viruses or virus-like agents engineered to infect and destroy cancer cells while also waking up the immune system to attack tumors. Think of them as a Trojan horse that both breaks cancer’s defenses and calls in reinforcements; for investors, they matter because successful therapies can change standard cancer care, offer high commercial upside but come with steep scientific, regulatory and trial-stage risks that make outcomes binary and valuation-sensitive.
nivolumab medical
"RP2 alone and in combination with nivolumab in patients with advanced solid tumors"
A prescription cancer drug that helps the body's immune system spot and attack tumors by blocking a molecular “brake” on immune cells, allowing them to act more aggressively against cancer. Investors monitor it because clinical trial results, regulatory approvals, new uses, or competition can drive significant changes in a drug maker’s sales forecasts, valuation and long-term growth prospects—similar to how a key product launch can reshape a company’s future.
objective response rate (ORR) medical
"RP2 monotherapy achieved an objective response rate (ORR) of 19.0%"
The objective response rate (ORR) is the percentage of patients in a clinical trial whose tumors shrink by a pre-set amount for a minimum time, counting both complete disappearance and meaningful partial shrinkage. Investors watch ORR because it gives an early, quantitative signal that a treatment is having a direct effect on disease—like the percent of people whose fever drops after taking a medicine—which can influence expectations for later trial success, regulatory approval, and market potential.
disease control rate medical
"RP2 in combination with nivolumab achieved an ORR of 19.1%, with a disease control rate of 48.9%"
The disease control rate is the share of patients in a clinical trial whose cancer or condition either shrinks or stops getting worse for a specified period after treatment. Think of it like the percentage of people for whom a treatment hits pause or nudges back the problem rather than letting it progress; higher rates suggest the therapy can meaningfully limit disease, which matters to investors assessing a drug’s potential efficacy and commercial value.
phase 1 first-in-human (FIH) medical
"Final safety, efficacy, and biomarker results from the phase 1 first-in-human (FIH) study"
Phase 1 first-in-human (FIH) is the initial clinical test of a new drug or medical device in people, designed mainly to check safety, tolerable dose range and how the body processes the treatment. Think of it as the first road test of a prototype: it can reveal major flaws or confirm basic viability. For investors, successful FIH results reduce early-stage risk and can significantly raise a project’s value, while negative findings can sharply lower prospects.
biomarker medical
"Final safety, efficacy, and biomarker results from the phase 1 first-in-human (FIH) study"
A biomarker is a measurable indicator found in the body, such as in blood or tissues, that provides information about health, disease, or how the body responds to treatment. For investors, biomarkers can signal the potential success or risk of medical products or therapies, influencing the value of related companies and industry trends. They act like signals or clues that help assess the progress of medical advancements and their market impact.
immunologically "cold" medical
"RP2 reprogrammed tumors from immunologically "cold" to immune-inflamed"
An immunologically "cold" tumor is one that lacks significant immune cell activity or signaling around it, so the body’s natural defenses do not recognize or attack it. For investors, this matters because cold tumors are less likely to respond to immune-based treatments, making drug development riskier and influencing trial success, pricing power, and potential market size — like trying to light a fire in a room with no kindling.

AI-generated analysis. Not financial advice.

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WOBURN, Mass., May 31, 2026 (GLOBE NEWSWIRE) -- Replimune Group, Inc. (NASDAQ: REPL), a clinical-stage biotechnology company pioneering the development of novel oncolytic immunotherapies, today presented final first-in-human data for RP2 alone and in combination with nivolumab in patients with advanced solid tumors during an oral session at the 2026 American Society of Clinical Oncology annual meeting.

Key findings are detailed below.

Oral Presentation: RP2 oncolytic immunotherapy alone and in combination with nivolumab (nivo) in patients with advanced solid tumors: Final safety, efficacy, and biomarker results from the phase 1 first-in-human (FIH) study; Date/Time: May 31, 2026, 9:12 AM CDT; Location: Arie Crown Theater; Abstract: 2504; Presenter: Joseph Sacco, PhD, MBChB

  • The Phase 1 first-in-human trial enrolled 85 heavily pretreated patients with advanced solid tumors, including uveal melanoma, colorectal cancer, head and neck cancers, pancreatic cancer, cutaneous melanoma, and sarcoma.
  • Patients had received a median of 2 prior lines of systemic therapy; 42% had received prior immune checkpoint inhibitor (ICI) therapy
  • RP2 monotherapy achieved an objective response rate (ORR) of 19.0% (4/21 evaluable patients), with responses observed in uveal melanoma, esophagogastric adenocarcinoma, chordoma, and mucoepidermoid carcinoma
  • RP2 in combination with nivolumab achieved an ORR of 19.1% (9/47 evaluable patients), with a disease control rate of 48.9%
  • In uveal melanoma, where a randomized Phase 2/3 trial is enrolling, the pooled ORR (RP2 in combination with nivolumab and RP2 monotherapy) was 33.3%
  • Responses were durable: median duration of response was not reached in the monotherapy group (range: 11.5–27.3+ months) and was 22.1 months in the combination group (range: 2.8–35.2+ months)
  • Tumor regression was observed in both injected and non-injected lesions, including in all 3 monotherapy responders who had non-injected lesions, demonstrating a systemic immune response beyond the site of injection
  • Translational analyses demonstrated that RP2 reprogrammed tumors from immunologically "cold" to immune-inflamed, upregulated T-cell cytotoxicity and antigen presentation pathways, and significantly expanded HSV-1-specific and tumor-associated (MAGE) TCR clones, confirming the intended mechanism of action and systemic immune engagement.
  • RP2 monotherapy and RP2 in combination with nivolumab were well tolerated with no unexpected toxicities, no Grade 4 or 5 treatment-related adverse events, and no increase in immune-related adverse events beyond the expected profile of nivolumab alone; the most common events were low-grade pyrexia, chills, and fatigue, consistent with systemic immune activation
  • Based on these results, RP2 is being evaluated in combination with nivolumab in patients with metastatic uveal melanoma in a randomized Phase 2/3 trial (NCT06581406)

About RP2
RP2 is based on a proprietary strain of herpes simplex virus engineered and genetically armed with a fusogenic protein (GALV-GP R-) and GM-CSF intended to maximize tumor killing potency, the immunogenicity of tumor cell death and the activation of a systemic anti-tumor immune response. RP2 additionally expresses an anti-CTLA-4 antibody-like molecule, as well as GALV-GP R- and GM-CSF. RP2 is intended to provide targeted and potent delivery of these proteins to the sites of immune response initiation in the tumor and draining lymph nodes, with the goal of focusing systemic-immune-based efficacy on tumors and limiting off-target toxicity.

About Replimune
Replimune Group, Inc., headquartered in Woburn, MA, was founded in 2015 with the mission to transform cancer treatment by pioneering the development of novel oncolytic immunotherapies. Replimune’s proprietary RPx platform is based on a potent HSV-1 backbone intended to maximize immunogenic cell death and the induction of a systemic anti-tumor immune response. The RPx platform is intended to ignite local activity consisting of direct selective virus-mediated killing of the tumor resulting in the release of tumor derived antigens and altering of the tumor microenvironment to then activate a strong and durable systemic response. The RPx product candidates are expected to be synergistic with most established and experimental cancer treatment modalities, leading to the versatility to be developed alone or combined with a variety of other treatment options. For more information, please visit www.replimune.com.

Forward Looking Statements
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our expectations about the status of the FDA review of our BLA for RP1 or potential approval of such BLA, the design and advancement of our clinical trials, the timing and sufficiency of our clinical trial outcomes to support potential approval of any of our product candidates, the regulatory review process and timing of potential product approval, our goals to develop and commercialize our product candidates, patient enrollments in our existing and planned clinical trials and the timing thereof, and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in such forward-looking statements. These factors include risks related to the outcome of FDA’s review process, our limited operating history, our ability to generate positive clinical trial results for our product candidates, the costs and timing of operating our in-house manufacturing facility, the timing and scope of regulatory approvals, the availability of combination therapies needed to conduct our clinical trials, changes in laws and regulations to which we are subject, competitive pressures, our ability to identify additional product candidates, political and global macro factors including the impact of a global pandemic and related public health issues and the ongoing political and military conflicts, including trade conflicts, and other risks as may be detailed from time to time in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and other reports we file with the Securities and Exchange Commission. Our actual results could differ materially from the results described in or implied by such forward-looking statements. Forward-looking statements speak only as of the date hereof, and, except as required by law, we undertake no obligation to update or revise these forward-looking statements.

Investor Inquiries
Chris Brinzey
ICR Healthcare
339.970.2843
chris.brinzey@icrhealthcare.com

Media Inquiries
Arleen Goldenberg
Replimune
917.548.1582
media@replimune.com


FAQ

What did Replimune (REPL) present about RP2 at the 2026 ASCO annual meeting?

Replimune presented final first-in-human Phase 1 data for RP2, alone and with nivolumab, in advanced solid tumors. According to Replimune, the oral presentation covered safety, efficacy, and biomarker results from 85 heavily pretreated patients across multiple tumor types.

What were the key efficacy results for RP2 in Replimune (REPL) Phase 1 advanced solid tumor trial?

RP2 monotherapy achieved an objective response rate (ORR) of 19.0%, and RP2 plus nivolumab achieved an ORR of 19.1%. According to Replimune, pooled ORR in uveal melanoma across RP2 regimens was 33.3%, with tumor regression in injected and non-injected lesions.

How durable were responses to RP2 in the Replimune (REPL) Phase 1 study?

Responses to RP2 were described as durable in both monotherapy and combination arms. According to Replimune, median duration of response was not reached for monotherapy and was 22.1 months with nivolumab, with maximum observed durations up to 35.2+ months.

What safety profile did RP2 show in the Replimune (REPL) first-in-human trial?

RP2 alone and with nivolumab was reported as well tolerated in advanced solid tumors. According to Replimune, there were no Grade 4 or 5 treatment-related adverse events, no unexpected toxicities, and common events were low-grade pyrexia, chills, and fatigue consistent with immune activation.

How does RP2 affect the tumor microenvironment according to Replimune (REPL) Phase 1 data?

RP2 appeared to reprogram tumors from immunologically “cold” to immune-inflamed based on translational analyses. According to Replimune, treatment upregulated T-cell cytotoxicity and antigen presentation pathways and expanded HSV-1-specific and tumor-associated (MAGE) TCR clones, supporting systemic immune engagement.

What are the next clinical steps for RP2 after the Replimune (REPL) Phase 1 results?

RP2 is being further evaluated in metastatic uveal melanoma following the Phase 1 data. According to Replimune, an ongoing randomized Phase 2/3 trial (NCT06581406) is testing RP2 in combination with nivolumab, aiming to better define efficacy and outcomes in this indication.