BUZZ-uniQure, Replimune climbs after FDA Commissioner Makary resigns
Replimune REPL | 0.00 |
** U.S.-listed shares of Dutch gene therapy developer uniQure UQ1.F, QURE.O rise 2.6% to $29.85 premarket, following a 5% gain on Tuesday
** Marty Makary resigned as U.S. FDA commissioner, President Donald Trump said on Tuesday, after weeks of clashes with the White House and health advisers
** Makary faced tensions with drugmakers, including disputes with UniQure over regulatory decisions
** He "was not industry‑friendly," notably after public criticism of QURE data - Truist analyst Danielle Brill
** Makary also drew criticism after declining to approve a cancer treatment from Replimune REPL.O, adding to industry concerns about unpredictability
** Replimune shares advanced 3.9% to $4.25 before the bell
** "Expect an initial positive knee‑jerk reaction from therapeutic investors to Makary's departure .... important to consider the broader ripple effects of these developments" - Brill
** As of last close, QURE up 21.6%, REPL down ~58% YTD
