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Sep 30, 2020

Repare Therapeutics Q3 2020 Earnings Report

Reported financial results for the third quarter ended September 30, 2020, and provided recent business highlights.

Key Takeaways

Repare Therapeutics reported financial results for Q3 2020. They have advanced their RP-3500 program and expect to initiate a Phase 1 clinical trial for RP-6306 in Q3 2021, ahead of their previously conveyed timeline.

Advanced CCNE-1 synthetic lethal inhibitor (now designated RP-6306) program into Good Laboratory Practice (GLP) toxicology studies ahead of original timeline.

Initiated a Phase 1/2 clinical trial evaluating RP-3500 as a monotherapy and in combination with Pfizer's PARP inhibitor, talazoparib, in patients with solid tumors.

Inaugurated a newly expanded laboratory and office facility in Montreal, Quebec.

Appointed Dr. Laurence F. Akiyoshi as its Executive Vice-President, Organizational and Leadership Development.

EPS
-$0.37
Previous year: -$0.331
+11.6%
Net R&D Expenses
$10.1M
Cash and Equivalents
$348M
Total Assets
$370M

Repare Therapeutics

Repare Therapeutics