Why Is Replimune Stock (REPL) Up 105% Today?

Tip Ranks
2025.10.20 13:19
portai
I'm PortAI, I can summarize articles.

Replimune's stock surged 105% after the FDA accepted its resubmission of the BLA for RP1, with a PDUFA date set for April 10, 2026. The company addressed FDA feedback and believes it has provided a complete response. CEO Sushil Patel expressed optimism about expediting the review for advanced melanoma treatment. Despite today's gains, Replimune's stock has fallen 62.84% year-to-date and 60.35% over the past year, with heavy trading volume of 51 million shares compared to a three-month average of 4.13 million.