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Repare Therapeutics Inc. Common Shares - RPTX STOCK NEWS

Welcome to our dedicated page for Repare Therapeutics Common Shares news (Ticker: RPTX), a resource for investors and traders seeking the latest updates and insights on Repare Therapeutics Common Shares stock.

Repare Therapeutics Inc. (RPTX) is a pioneering precision medicine oncology company dedicated to the advancement of synthetic lethality-based therapies for cancer patients. The company's mission is to develop innovative oncology drugs that specifically target the vulnerabilities of tumor cells in genetically defined patient populations.

Repare utilizes an integrated approach combining insights from multiple fields of cell biology, including DNA repair and synthetic lethality. Their proprietary platform employs a high-throughput, CRISPR-enabled gene editing target discovery method alongside high-resolution protein crystallography, computational biology, and clinical informatics.

Backed by prominent global healthcare investors such as Versant Ventures and MPM Capital, Repare Therapeutics is poised at the forefront of cancer treatment innovation. The company’s robust research and development pipeline is aimed at delivering groundbreaking treatments designed to improve patient outcomes.

Repare Therapeutics has made significant strides in the oncology field, participating in numerous clinical trials and forming strategic partnerships to expedite the delivery of effective cancer therapies. With a core focus on precision oncology, the company aims to address the unmet medical needs of cancer patients worldwide. The majority of its revenue is currently derived from its operations in Canada.

For more detailed information and the latest updates, you can visit their official website at www.reparerx.com.

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Repare Therapeutics (NASDAQ: RPTX) has appointed Thomas Civik as Chairman of the Board, succeeding Jerel Davis, who remains on the Board. Civik brings over 25 years of experience in the pharma and biotech sectors, including leading roles at Five Prime Therapeutics and Foundation Medicine. His expertise in oncology drug development will be vital as Repare advances its clinical pipeline with candidates RP-3500 and RP-6306. This leadership change is seen as a strategic move to bolster the company's growth and innovation in precision oncology.

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Repare Therapeutics Inc. (NASDAQ: RPTX), a clinical-stage precision oncology company, will participate in a fireside chat at the 19th Annual Morgan Stanley Virtual Global Healthcare Conference on September 9 at 2:45 p.m. ET. The event will highlight the company's proprietary synthetic lethality approach in cancer therapy development, particularly through its SNIPRx® platform. Repare's pipeline includes key products such as RP-3500, an ATR inhibitor in Phase 1/2 trials, and RP-6306, a PKMYT1 inhibitor in Phase 1 trials. A live webcast of the chat will be available on the company's website.

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Repare Therapeutics Inc. (RPTX) reported its Q2 financial results, highlighting significant advancements in clinical trials. The company successfully dosed the first patient in the Phase 1b/2 ATTACC trial of its ATR inhibitor RP-3500, aimed at treating molecularly selected cancers. Cash and marketable securities stood at $301 million. However, net losses increased to $26.3 million, or $0.71 per share, compared to $11.8 million, or $2.45 per share, in the same period last year, largely due to rising R&D and G&A expenses.

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Repare Therapeutics Inc. (Nasdaq:RPTX), a clinical-stage precision oncology company, announced its senior management's participation in a fireside chat at the 42nd Annual Goldman Sachs Virtual Global Healthcare Conference on June 9 at 3:50 p.m. ET. The live webcast can be accessed via the Company’s website, with an archived replay available for 30 days. Repare focuses on synthetic lethality for developing targeted cancer therapies, including its lead candidate RP-3500, an ATR inhibitor in Phase 1/2 development. For more details, visit reparerx.com.

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Repare Therapeutics Inc. (RPTX) reported its Q1 2021 financial results, highlighting progress in clinical trials and pipeline advancements. The Company’s ATR inhibitor RP-3500 is in Phase 1/2 development, with initial results expected in H2 2021. The Phase 1 trial of RP-6306 is underway, with the first patient dosed ahead of schedule. As of March 31, 2021, cash equivalents totaled $319.1 million. Net R&D expenses rose to $16.5 million, reflecting increased development costs, while G&A expenses reached $5.2 million. The net loss for the quarter was $21.4 million, or $0.58 per share.

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Repare Therapeutics announced the dosing of the first patient in its Phase 1 clinical trial of RP-6306, a novel small molecule targeting PKMYT1, six months ahead of schedule. This trial aims to assess the safety and tolerability of RP-6306 in treating cancers with CCNE1 amplification and other genomic mutations. Approximately 70 patients will be enrolled, with the intent to establish dosing for a planned Phase 2 program. RP-6306 is positioned as a first-in-class treatment, potentially addressing a significant gap in therapies for patients with specific altering tumors.

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Repare Therapeutics (Nasdaq: RPTX) announced that its senior management team will present at the 2021 Bloom Burton & Co. Virtual Healthcare Investor Conference on April 20 at 9:30 a.m. ET. Investors can access a live webcast of the presentation through the Company’s website, with a replay available for 30 days following the event.

The Company specializes in precision oncology using a proprietary synthetic lethality approach, with notable products in development, including the ATR inhibitor RP-3500 and the PKMYT1 inhibitor RP-6306.

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Repare Therapeutics (RPTX) hosted a virtual Investor Day to discuss progress on RP-6306, a selective oral PKMYT1 inhibitor for tumors with CCNE1 amplification. The Company aims to start a Phase 1 clinical trial in Q2 2021, ahead of schedule. Key highlights include compelling pre-clinical data supporting RP-6306's efficacy as a monotherapy and in combination therapies. Repare's CRISPR-based SNIPRx platform identified PKMYT1 as a significant target for cancers resistant to existing treatments, addressing a rising unmet medical need in oncology.

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Repare Therapeutics (Nasdaq: RPTX) will host a virtual Investor Day on April 8, 2021, from 10:30 a.m. to 12:00 p.m. ET. The event will feature discussions on RP-6306, a novel inhibitor targeting CCNE1 amplification, with a Phase 1 clinical trial expected to commence in Q2 2021, a quarter ahead of prior guidance. The trial aims to evaluate safety and establish the recommended Phase 2 dose for patients with recurrent CCNE1 amplified tumors. Repare leverages its SNIPRx platform to develop targeted cancer therapies.

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Repare Therapeutics Inc. (Nasdaq: RPTX) announced the establishment of Automatic Securities Disposition Plans (ASDPs) by its Executives, Steve Forte and Maria Koehler. These plans comply with U.S. and Canadian securities regulations, allowing orderly share sales while preventing insider trading. Up to 42,182 shares may be sold under these ASDPs over approximately 14 months. Sales will commence post the filing of Form 10-Q for Q1 2021. The ASDPs include restrictions to mitigate risks associated with material non-public information and allow only one plan per Executive.

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FAQ

What is the current stock price of Repare Therapeutics Common Shares (RPTX)?

The current stock price of Repare Therapeutics Common Shares (RPTX) is $1.32 as of December 20, 2024.

What is the market cap of Repare Therapeutics Common Shares (RPTX)?

The market cap of Repare Therapeutics Common Shares (RPTX) is approximately 56.1M.

What does Repare Therapeutics Inc. specialize in?

Repare Therapeutics Inc. specializes in developing precision oncology drugs that target specific vulnerabilities in tumor cells using synthetic lethality-based therapies.

What unique technology does Repare Therapeutics use?

Repare Therapeutics employs a proprietary CRISPR-enabled gene editing target discovery method combined with high-resolution protein crystallography, computational biology, and clinical informatics.

Who are the major investors backing Repare Therapeutics?

Repare Therapeutics is supported by leading global healthcare investors, including Versant Ventures and MPM Capital.

Where does Repare Therapeutics derive its maximum revenue from?

The company derives the majority of its revenue from Canada.

What is the focus area of Repare Therapeutics' research and development?

Repare Therapeutics focuses its R&D on precision oncology, particularly targeting synthetic lethality-based therapies for cancer patients.

Where can I find more information about Repare Therapeutics?

More information can be found on their official website at www.reparerx.com.

How does Repare Therapeutics identify drug targets?

Repare identifies drug targets using their proprietary, high-throughput CRISPR-enabled gene editing platform.

What fields of cell biology does Repare Therapeutics integrate insights from?

Repare integrates insights from DNA repair and synthetic lethality in their research and development efforts.

What is the significance of synthetic lethality in Repare Therapeutics' approach?

Synthetic lethality allows Repare Therapeutics to develop drugs that target specific genetic vulnerabilities in tumor cells, making treatments more effective for genetically defined patient populations.

Is Repare Therapeutics involved in clinical trials?

Yes, Repare Therapeutics is actively participating in numerous clinical trials to expedite the delivery of effective cancer therapies.

Repare Therapeutics Inc. Common Shares

Nasdaq:RPTX

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56.11M
38.71M
0.95%
83.73%
1.43%
Biotechnology
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