Repare Therapeutics jumps on cancer drug licensing deal
ReutersJul 15, 2025 8:23 PM
Shares of drug developer Repare Therapeutics RPTX.O rise 18% to $1.68 in extended trading
RPTX licensed its cancer drug, lunresertib, to Swiss-based private firm Debiopharm for worldwide development and commercialization
RPTX will receive $10 million upfront and could earn up to $257 million in milestone payments and royalties
Debiopharm plans to combine lunresertib with its own drug Debio 0123 for cancer treatment
Stock up 9.2% YTD
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