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Benzinga
Benzinga
Business
Vandana Singh

FDA Rejects Replimune's Blood Cancer Drug, Stock Sinks

FDA Replimune Cancer
cancer

Replimune Group, Inc. (NASDAQ:REPL) stock plunged on Tuesday after a U.S. Food and Drug Administration (FDA) update.

The clinical stage biotechnology company received an FDA Complete Response Letter (CRL) regarding the Biologics License Application (BLA) for RP1 (vusolimogene oderparepvec) in combination with Bristol-Myers Squibb Co.’s (NYSE:BMY) Opdivo (nivolumab) for advanced melanoma.

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