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Replimune sued for allegedly misleading investors on cancer drug trial data, shares plunge after FDA rejection.

Market News
18 Sep 2026
PRNewsWire
View Source
Bearish
Replimune sued for allegedly misleading investors on cancer drug trial data, shares plunge after FDA rejection.

Replimune Group faces a class action lawsuit alleging it misled investors about the efficacy and viability of its lead cancer drug candidate RP1. The FDA rejected Replimune's Biologics License Application (BLA) for RP1 combined with nivolumab due to study design flaws and insufficient data, causing the stock to drop over 80% in days. The lawsuit claims the company failed to disclose critical issues with clinical trials and submitted incomplete data, misleading investors about the drug's prospects. Investors who bought shares between October 2025 and April 2026 may have legal rights to join the case before the October 5, 2026 deadline.

Replimune Group's legal situation is noted here with Pluang's health sector data as context. As of Sep 19, 2026 03:11 WIB, among 92 priced health-sector US stocks tradable on Pluang, 38 rose and 52 fell. Notable movers include ISRG at USD 393.15 with a 1-day change of +2.51% and a typical hold time of 84 days, CGC at USD 0.94 up 2.33%, and BAX at USD 23.03 down 2.12%.

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