other material
confidence high
sentiment positive
materiality 0.80
Replimune raises $100M in PIPE to fund RP1 commercialization; BLA filing on track for 2H 2024
Replimune Group, Inc.
- Issued 5.67M shares at $8.82/share and 5.67M pre-funded warrants at $8.819/warrant.
- Gross proceeds ~$100M; expected closing June 14, 2024.
- Proceeds to fully scale up for RP1 commercial launch in skin cancers, potential path to profitability.
- Led by life-sciences institutional investor; Redmile, RTW, Boxer Capital participated.
- RP1 IGNYTE trial in anti-PD1 failed melanoma showed strong data; BLA submission expected 2H 2024.