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flag FDA halts approval of new melanoma treatment RP1 due to trial design issues, causing Replimune’s stock to plummet.

flag The FDA has issued a Complete Response Letter to Replimune, halting the approval of their melanoma treatment, RP1, combined with nivolumab, citing issues with the IGNYTE trial's design and patient diversity. flag Despite a 33.6% response rate and low adverse effects, the FDA deemed the trial inadequately controlled. flag Replimune's stock dropped over 76% following the news, and the company plans to meet with the FDA for potential accelerated approval.

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