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Replimune faces securities fraud probe after FDA rejects melanoma drug application, stock plunges 64%.

Market News
21 May 2026
PRNewsWire
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Bearish
pluang ai news

Replimune Group is under investigation by Pomerantz LLP for potential securities fraud following the FDA's rejection of its Biologics License Application for a melanoma treatment. The FDA disagreed with the sufficiency of the data supporting the drug RP1 combined with nivolumab. This news caused Replimune's stock to drop sharply by 64.29% to $1.70 per share. The investigation aims to determine if the company or its officers engaged in unlawful practices related to this event.

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ASUS launches new durable Chromebooks CM15 and CM32 with long battery life and Google AI features in the US

ASUS launches new durable Chromebooks CM15 and CM32 with long battery life and Google AI features in the US

ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...

Others
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1 hour ago
Slate Medicines appoints Mark W. Hahn to board to boost migraine drug development.

Slate Medicines appoints Mark W. Hahn to board to boost migraine drug development.

Slate Medicines, a biotech firm focused on migraine treatments, has appointed Mark W. Hahn to its Board of Directors. Hahn brings over 25 years of experience in life sciences, including leading companies through financial milestones and FDA approvals...

Company Fundamentals
Bullish
2 hours ago
Global clinical trials market to reach $176.32B by 2030, driven by AI and decentralized research advances

Global clinical trials market to reach $176.32B by 2030, driven by AI and decentralized research advances

The global clinical trials market is projected to grow from $135.51 billion in 2026 to $176.32 billion by 2030, at a CAGR of 6.8%. Growth is fueled by advances in AI-enabled trial design, decentralized and hybrid trial platforms, and increasing deman...

Market News
Bullish
3 hours ago
Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...

Market News
Bullish
3 hours ago
Warehouse shuttle software market to hit $2.66B by 2030 driven by AI and automation in logistics

Warehouse shuttle software market to hit $2.66B by 2030 driven by AI and automation in logistics

The global warehouse shuttle software market is projected to grow from $1.57 billion in 2026 to $2.66 billion by 2030, with a CAGR of 14.1%. Growth is fueled by rising e-commerce, warehouse automation, AI-driven orchestration, and robotic material ha...

Market News
Bullish
3 hours ago
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