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Replimune Reports Fiscal Second Quarter 2026 Financial Results and Provides Corporate Update
Globenewswire· 2025-11-06 13:00
Core Insights - Replimune Group, Inc. reported financial results for the fiscal second quarter ended September 30, 2025, and provided a business update, highlighting progress in clinical trials and financial status [1][2]. Business Updates - The FDA accepted the Biologics License Application (BLA) resubmission for RP1, targeting advanced melanoma, with a PDUFA action date set for April 10, 2026 [2]. - The ongoing global Phase 3 trial, IGNYTE-3, is evaluating RP1 in combination with nivolumab, with an expected enrollment of approximately 400 patients [5]. - Recent data presented at the ESMO Congress 2025 showed an objective response rate (ORR) of 44% for RP1 plus nivolumab in acral melanoma, with a median duration of response of 11.9 months [5]. - RP1 plus nivolumab demonstrated a 100% ORR in anti–PD-1 naïve Merkel cell carcinoma (MCC) patients, with varying ORRs in other non-melanoma skin cancers [5]. Financial Highlights - As of September 30, 2025, the company had cash, cash equivalents, and short-term investments of $323.6 million, down from $483.8 million as of March 31, 2025, due to cash burn from clinical development activities [8]. - Research and development expenses for the fiscal second quarter were $57.9 million, an increase from $43.4 million in the same quarter of the previous year, primarily due to costs associated with the IGNYTE-3 study [12]. - Selling, general and administrative expenses rose to $26.4 million from $15.5 million year-over-year [12]. - The net loss for the fiscal second quarter was $83.1 million, compared to $53.1 million in the same quarter of the previous year [12]. Upcoming Events - Replimune will present late-breaking oral presentations and posters at the Society for Immunotherapy of Cancer (SITC) 2025 Annual Meeting, showcasing updated clinical data for RP1 plus nivolumab [11].
Replimune Provides Update Following Type A Meeting with FDA
Globenewswire· 2025-09-18 13:15
Core Viewpoint - Replimune Group, Inc. has completed a Type A meeting with the FDA regarding the complete response letter for its Biologics License Application for RP1 in combination with nivolumab for advanced melanoma treatment [1][2] Company Overview - Replimune Group, Inc. is a clinical stage biotechnology company focused on developing novel oncolytic immunotherapies, founded in 2015 and headquartered in Woburn, MA [4] - The company's lead product candidate, RP1 (vusolimogene oderparepvec), is engineered from a proprietary strain of herpes simplex virus designed to enhance tumor killing and activate systemic anti-tumor immune responses [3][4] FDA Interaction - The company is currently evaluating FDA feedback from the recent meeting to determine the next steps, with no clear path forward under the accelerated approval pathway established yet [2] - The CEO emphasized the unmet need in advanced melanoma and the favorable risk-benefit profile of RP1 observed in the IGNYTE trial, indicating a commitment to work with the FDA for a timely resolution [3]
Genelux Corporation Announces Appointment of Eric Groen as General Counsel, Corporate Secretary, Chief Compliance Officer and Head of Business Development
GlobeNewswire News Room· 2025-07-07 11:00
Core Insights - Genelux Corporation has appointed Eric Groen as General Counsel, Corporate Secretary, Chief Compliance Officer, and Head of Business Development, effective July 1, 2025 [2][3] - Eric Groen brings over two decades of experience in the life sciences industry, with a strong background in legal expertise, business development, and navigating regulatory environments [3][4] - Groen's previous roles include General Counsel at Rani Therapeutics and a 20-year tenure at Amgen, where he was involved in significant transactions, including Amgen's $10 billion acquisition of Onyx Pharmaceuticals [4] Company Overview - Genelux is a late-stage clinical biopharmaceutical company focused on developing next-generation oncolytic immunotherapies for aggressive and difficult-to-treat solid tumors [6][7] - The company's leading product candidate, Olvi-Vec, is currently undergoing a Phase 3 trial for its efficacy and safety in treating platinum-resistant/refractory ovarian cancer [6][7] - Genelux utilizes its proprietary CHOICE™ platform to develop a library of engineered oncolytic vaccinia virus immunotherapeutic candidates, including Olvi-Vec [6][7] Appointment Details - Eric Groen's appointment is seen as pivotal for Genelux, as he aims to drive strategic growth, expand collaborations, and enhance regional partnerships [5] - Groen received an inducement award of stock options to purchase 270,000 shares at an exercise price of $2.83 per share, with a vesting schedule over four years [5]
Replimune Presents New Analyses from the IGNYTE Study of RP1 plus Nivolumab in Anti-PD1 Failed Melanoma at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting
Globenewswire· 2025-06-01 14:00
Core Insights - Replimune Group, Inc. presented data on RP1 plus nivolumab at the 2025 ASCO Annual Meeting, highlighting robust responses in both injected and non-injected lesions, with deep injections showing higher response rates compared to superficial injections [1][2][4] Group 1: Clinical Trial Findings - The IGNYTE clinical trial involved 140 anti-PD-1 failed melanoma patients, showing an objective response rate (ORR) of 32.9% and a complete response rate of 15.0% [4] - Landmark overall survival (OS) rates at 1, 2, and 3 years were reported as 75.3%, 63.3%, and 54.8% respectively, with median OS not yet reached [4] - Deep injections resulted in higher ORR: 29.8% for superficial injections, 42.9% for deep/visceral plus superficial injections, and 40.9% for deep/visceral injections only [4] Group 2: Safety and Tolerability - RP1 injections into the liver and lung were generally well tolerated, with few organ-specific adverse events [4] - No bleeding events were reported after liver injections, and lung injections had low rates of pneumothorax, typically of low grade and manageable [4] - Standard disinfection procedures were confirmed sufficient for RP1 clean-up, with no transmission of RP1 reported to date [10] Group 3: Product Information - RP1 is Replimune's lead product candidate, engineered from a proprietary strain of herpes simplex virus, designed to maximize tumor killing potency and activate a systemic anti-tumor immune response [6][8] - The RPx platform aims to induce a strong and durable systemic response while being synergistic with various cancer treatment modalities [8]