Replimune Stock Surges After Trump Plans to Fire FDA Chief Marty Makary
Replimune stock jumped after news Trump may fire FDA chief, raising hopes of easier drug approvals despite past rejections.
Replimune stock jumped after news Trump may fire FDA chief, raising hopes of easier drug approvals despite past rejections.
Replimune shares plunged after the FDA issued a second rejection for its skin cancer drug RP1, prompting multiple analyst downgrades.
FDA again rejects Replimune’s skin cancer drug RP1, saying studies don’t prove it works; shares halted, setback for company.
Replimune's RP1 melanoma treatment gets FDA acceptance for BLA resubmission with April 2026 review date. Wedbush upgrades stock to Outperform with $18 target as approval odds improve.
Replimune’s cancer drug, RP1, hit a snag after an FDA meeting. Quick approval is now unlikely due to regulatory uncertainty, causing the stock to drop sharply (39% Thursday). The company is seeking a new way forward for the melanoma treatment.