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Replimune's melanoma drug gets FDA nod but faces legal probe over data practices

Market News
07 Aug 2026
Gordon Thompson
View Source
Neutral
Replimune's melanoma drug gets FDA nod but faces legal probe over data practices

Replimune Group's melanoma drug Tudriqev received accelerated FDA approval after two prior rejections, based on a 24.20% response rate in trials. Following this, BMO Capital raised its price target for Replimune stock from $16 to $20, indicating strong growth potential. However, the company is under investigation by Pomerantz LLP for possible unlawful business practices related to its clinical data submissions. Investors should watch how this legal scrutiny unfolds alongside the drug's market launch.

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Boeing faces 737 MAX production delays but analysts see potential 32% stock upside.

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BrandPilot AI to attend Marketecture Live 2026, focusing on AI and transparency in digital advertising.

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Meta shares jump 12% on strong early adoption of Muse AI assistant and higher price target

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Ventas posts strong Q2 2026 growth, raises full-year guidance on senior housing strength.

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