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RPTX Stock Up as Dosing Begins in Solid Tumor Study for Combo Drug
Repare TherapeuticsRepare Therapeutics(US:RPTX) ZACKSยท2024-10-15 14:05

Core Insights - Repare Therapeutics (RPTX) shares increased by 8% following the announcement of dosing the first patient in an early-stage study for the combination of RP-3467 and AstraZeneca's Lynparza to treat advanced solid tumors [1] - The combination of RP-3467 and Lynparza has shown promising preclinical results, leading to complete and durable tumor regressions without additional toxicities, indicating potential to improve patient outcomes by addressing PARP inhibitor resistance [2] - The ongoing phase I POLAR study aims to evaluate the safety, pharmacokinetics, pharmacodynamics, and preliminary clinical activity of RP-3467, targeting 52 patients with specific advanced solid tumors [3][4] Company Pipeline - Repare utilizes its CRISPR-enabled SNIPRx platform to develop targeted cancer therapies focusing on genomic instability and DNA damage repair [5] - The company is also evaluating lunresertib, a PKMYT1 inhibitor, in combination with camonsertib, an ATR inhibitor, in a phase I study for ovarian and endometrial cancer, with top-line data expected soon [6] - RP-1664, an oral PLK4 inhibitor, is currently in a phase I study for advanced solid tumors, indicating a diverse clinical-stage pipeline [7] Market Context - Year to date, RPTX shares have decreased by 53.6%, contrasting with a 2% decline in the broader industry [3] - Repare currently holds a Zacks Rank 3 (Hold), while ANI Pharmaceuticals and Alnylam Pharmaceuticals are ranked 1 (Strong Buy) [8]