Levi & Korsinsky notifies investors that it has commenced an investigation into Repare Therapeutics Inc. (NASDAQ: RPTX) concerning potential violations of the federal securities laws.
Repare Therapeutics issued a press release, on February 12, 2024, "announc[ing] . . . that it will regain global development and commercialization rights to camonsertib (RP-3500), a potential best-in-class oral small molecule inhibitor of ATR (Ataxia-Telangiectasia and Rad3-related protein kinase), following termination of its collaboration agreement with Roche." The press release stated that "Roche notified Repare that, effective May 7, 2024, it is terminating its worldwide license and collaboration agreement for the development and commercialization of camonsertib following a review of Roche's pipeline and evolving external factors." Following this news, on February 13, 2024, Repare's stock price fell over 15%.
If you suffered a loss on your Repare Therapeutics securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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