FDA Rejects Replimune's Blood Cancer Drug, Stock Sinks - Replimune Group (NASDAQ:REPL)
UNITED STATES, JUL 22 – The FDA cited issues with trial design and patient variability, stating the IGNYTE trial lacked substantial evidence of RP1's effectiveness in advanced melanoma, causing Replimune's stock to fall 75%.
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Replimune Viral-Based Therapy for Melanoma Rejected By FDA
Replimune announced this week that its modified viral therapy for melanoma has been rejected by the FDA, with the regulator citing problems with the Phase I/II IGNYTE study and concerns with planned trials of the therapy as the reason for the rejection. The negative Complete Response Letter from the FDA regarding its approval application for its lead candidate RP1 (vusolimogene oderparepvec) was unexpected, and the company plans to request an ur…
Coverage Details
Total News Sources10
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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