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flag FDA rejects Replimune's melanoma drug RP1 for lack of effectiveness.

flag The U.S. Food and Drug Administration has rejected Replimune Group’s experimental melanoma drug, RP1, for the second time, citing insufficient evidence of effectiveness. flag Regulators stated that the latest clinical trial data, including additional analyses, failed to demonstrate substantial benefit for patients with advanced cutaneous melanoma. flag The agency highlighted ongoing concerns regarding the study's design and the inability to isolate the drug's specific contribution. flag Replimune’s stock dropped nearly 20% following the announcement.

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