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Replimune stock jumps after Citigroup upgrade and positive FDA panel vote on melanoma drug

Market News
31 Jul 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Replimune Group's stock surged following Citigroup's upgrade to Overweight and a favorable FDA advisory panel vote supporting its advanced melanoma drug, RP1. The FDA panel voted 10-3 in favor of the drug's effectiveness in combination with nivolumab, despite some concerns about trial data. This positive regulatory step boosts investor confidence and could accelerate the drug's path to market for patients with advanced melanoma who have limited treatment options.

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