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Stock impact report

Repare (RPTX) Up 14% as Ovarian Cancer Combo Gets Fast Track Tag [Yahoo! Finance]

Repare Therapeutics Inc. - Common Shares (RPTX) 
Company Research Source: Yahoo! Finance
of lunresertib and camonsertib to treat adult patients with CCNE1 amplified, or FBXW7 or PPP2R1A-mutated platinum-resistant ovarian cancer. The FDA's Fast Track designation intends to expedite development and review timelines when preliminary nonclinical and clinical evidence indicates that the drug may demonstrate substantial improvement over available therapies to address unmet medical needs for serious or life-threatening conditions. The Fast Track tag enables close communication between the FDA and sponsor to improve the efficiency of product development to get new therapeutics for patients faster. It also makes innovative therapies eligible for potential accelerated approval and/or priority review, if relevant criteria are met. Year to date, shares of Repare have plunged 44.9% compared with the industry's 5.6% decline. Image Source: Zacks Investment Research The company is using its genome-wide, CRISPR-enabled SNIPRx platform to discover and develop highly targeted canc Show less Read more
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