Replimune's RP1 BLA resubmission for advanced melanoma gains FDA review, with a decision expected by August 2, 2026.
Quiver AI Summary
Replimune Group, Inc., a biotechnology company specializing in oncolytic immunotherapies, announced that the FDA has accepted its resubmission of the Biologics License Application for its lead product candidate, RP1, in combination with nivolumab for treating advanced melanoma. The FDA classified this resubmission as a complete, class 1 response with a target action date of August 2, 2026, and an advisory committee meeting is expected in late July. CEO Sushil Patel expressed appreciation for the FDA's urgent reconsideration, emphasizing the need for effective treatments for advanced melanoma, a condition with significant unmet medical need. RP1 aims for accelerated approval based on data from the IGNYTE clinical trial.
Potential Positives
- The FDA has accepted the resubmission of the Biologics License Application (BLA) for RP1, indicating progress in regulatory review.
- The decision is described as a complete, class 1 response, which typically indicates a faster review process by the FDA.
- The goal action date of August 2, 2026, demonstrates urgency by the FDA in recognizing the unmet medical needs in advanced melanoma treatment.
- The resubmission is supported by data from the IGNYTE clinical trial, suggesting robust clinical evidence for RP1's effectiveness in treating advanced melanoma patients who have progressed on existing therapies.
Potential Negatives
- The FDA's acceptance of the resubmitted BLA for RP1 indicates that the initial submission may have been inadequate, reflecting potential shortcomings in the data or trials previously presented.
- The need for advisory committee review suggests that the approval process may not be straightforward and could reveal concerns regarding the safety and efficacy of RP1.
- The language surrounding forward-looking statements emphasizes the uncertainty and risks associated with the FDA review and the development timeline, which may impact investor confidence.
FAQ
What is the FDA's decision on RP1's Biologics License Application?
The FDA has accepted the resubmission of RP1's BLA for review, aiming for a decision by August 2, 2026.
What is RP1 used to treat?
RP1 (vusolimogene oderparepvec) is being developed to treat advanced melanoma in combination with nivolumab.
What is advanced melanoma?
Advanced melanoma is the fifth most common cancer in the U.S., characterized by the spread of cancer beyond the primary tumor.
How does RP1 work?
RP1 is engineered using a proprietary herpes simplex virus to enhance tumor cell killing and stimulate systemic anti-tumor immune responses.
What is Replimune's mission?
Replimune aims to transform cancer treatment by developing innovative oncolytic immunotherapies for cancer patients.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$REPL Insider Trading Activity
$REPL insiders have traded $REPL stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $REPL stock by insiders over the last 6 months:
- CHRISTOPHER SARCHI (Chief Commercial Officer) has made 0 purchases and 3 sales selling 27,126 shares for an estimated $206,765.
- SUSHIL PATEL (Chief Executive Officer) sold 37,324 shares for an estimated $189,605
- PHILIP ASTLEY-SPARKE sold 17,657 shares for an estimated $89,697
- KONSTANTINOS XYNOS (Chief Medical Officer) sold 14,023 shares for an estimated $71,236
- ANDREW SCHWENDENMAN (Chief Accounting Officer) sold 7,894 shares for an estimated $40,101
- EMILY LUISA HILL (Chief Financial Officer) sold 7,812 shares for an estimated $39,684
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$REPL Hedge Fund Activity
We have seen 111 institutional investors add shares of $REPL stock to their portfolio, and 93 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUVRETTA CAPITAL MANAGEMENT, LLC added 4,185,798 shares (+11615.0%) to their portfolio in Q1 2026, for an estimated $32,021,354
- TANG CAPITAL MANAGEMENT LLC removed 3,400,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $33,048,000
- BRAIDWELL LP removed 2,750,092 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $26,730,894
- D. E. SHAW & CO., INC. added 2,171,547 shares (+538.2%) to their portfolio in Q4 2025, for an estimated $21,107,436
- GOLDMAN SACHS GROUP INC added 1,619,180 shares (+246.0%) to their portfolio in Q1 2026, for an estimated $12,386,727
- COMMODORE CAPITAL LP removed 1,425,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,901,250
- ROSALIND ADVISORS, INC. removed 1,410,497 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,790,302
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$REPL Analyst Ratings
Wall Street analysts have issued reports on $REPL in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 04/13/2026
- HC Wainwright & Co. issued a "Sell" rating on 04/13/2026
To track analyst ratings and price targets for $REPL, check out Quiver Quantitative's $REPL forecast page.
$REPL Price Targets
Multiple analysts have issued price targets for $REPL recently. We have seen 4 analysts offer price targets for $REPL in the last 6 months, with a median target of $4.0.
Here are some recent targets:
- Robert Driscoll from Wedbush set a target price of $6.0 on 06/01/2026
- Roger Song from Jefferies set a target price of $2.0 on 04/13/2026
- Jonathan Chang from Leerink Partners set a target price of $2.0 on 04/13/2026
- Allison Bratzel from Piper Sandler set a target price of $14.0 on 02/05/2026
Full Release
WOBURN, Mass., June 26, 2026 (GLOBE NEWSWIRE) -- Replimune Group, Inc. (NASDAQ: REPL), a clinical-stage biotechnology company pioneering the development of novel oncolytic immunotherapies, announced today that the U.S. Food and Drug Administration (FDA) has accepted for review the resubmission of the Biologics License Application (BLA) for RP1 (vusolimogene oderparepvec) in combination with nivolumab for the treatment of advanced melanoma. The FDA considers this a complete, class 1 response with a goal date of August 2, 2026, and has notified the company to expect an advisory committee meeting in late July.
“We are pleased that the FDA has demonstrated urgency in reconsidering the RP1 BLA with an expeditious action date in recognition of the significant unmet need for advanced melanoma patients and support from the broader melanoma community,” said Sushil Patel, Ph.D., CEO of Replimune. “We look forward to a productive scientific and clinical discussion on the risk/benefit profile of RP1 in this difficult to treat setting.”
The resubmission seeks accelerated approval of RP1 in advanced melanoma based on data from the IGNYTE clinical trial, which evaluated RP1 combined with nivolumab in patients with confirmed progression on an anti-PD-1 containing regimen.
About Advanced Melanoma
Melanoma is the fifth most common cancer in the United States, with approximately 112,000 new cases estimated in 2026 and the most lethal form of skin cancer, accounting for nearly 8,500 deaths annually. Melanoma is considered advanced when the cancer has spread beyond the primary tumor. Standard of care therapy includes immune checkpoint blockade, to which approximately half of patients will not respond or will progress after treatment, leaving a significant population in need of effective therapeutic alternatives.
About RP1
RP1 (vusolimogene oderparepvec) is Replimune's lead product candidate, based on a proprietary strain of herpes simplex virus engineered and genetically armed with a fusogenic protein (GALV-GP R⁻) and GM-CSF. RP1 is designed to maximize tumor killing potency, the immunogenicity of tumor cell death, and the activation of a systemic anti-tumor immune response.
About Replimune
Replimune Group, Inc., headquartered in Woburn, MA, was founded in 2015 with the mission to transform cancer treatment by pioneering the development of novel oncolytic immunotherapies. Replimune’s proprietary RPx platform is based on a potent HSV-1 backbone intended to maximize immunogenic cell death and the induction of a systemic anti-tumor immune response. The RPx platform is intended to ignite local activity consisting of direct selective virus-mediated killing of the tumor resulting in the release of tumor derived antigens and altering of the tumor microenvironment to then activate a strong and durable systemic response. The RPx product candidates are expected to be synergistic with most established and experimental cancer treatment modalities, leading to the versatility to be developed alone or combined with a variety of other treatment options. For more information, please visit www.replimune.com.
Forward Looking Statements
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the status of the FDA review of our BLA for RP1 or potential approval of such BLA, the design and advancement of our clinical trials, the timing and sufficiency of our clinical trial outcomes to support potential approval of any of our product candidates, the regulatory review process and timing of potential product approval, our goals to develop and commercialize our product candidates, patient enrollments in our existing and planned clinical trials and the timing thereof, and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in such forward-looking statements. These factors include risks related to the outcome of FDA’s review process, our limited operating history, our ability to generate positive clinical trial results for our product candidates, the costs and timing of operating our in-house manufacturing facility, the timing and scope of regulatory approvals, the availability of combination therapies needed to conduct our clinical trials, changes in laws and regulations to which we are subject, competitive pressures, our ability to identify additional product candidates, political and global macro factors including the impact of a global pandemic and related public health issues and the ongoing political and military conflicts, including trade conflicts, and other risks as may be detailed from time to time in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and other reports we file with the Securities and Exchange Commission. Our actual results could differ materially from the results described in or implied by such forward-looking statements. Forward-looking statements speak only as of the date hereof, and, except as required by law, we undertake no obligation to update or revise these forward-looking statements.
Investor Inquiries
Chris Brinzey
ICR Healthcare
339.970.2843
[email protected]
Media Inquiries
Arleen Goldenberg
Replimune
917.548.1582
[email protected]