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Replimune Secures $200 Million In Non-Dilutive Debt Financing From Hercules Capital, Inc.

Oct 07, 2022almost 3 years ago

Amount Raised

$200 Million

WoburnBiotechnologyHealth Care

Description

Replimune Group, Inc. (NASDAQ: REPL), a clinical stage biotechnology company pioneering the development of a novel class of tumor-directed oncolytic immunotherapies, today announced that it has obtained a $200 million non-dilutive term loan facility from Hercules Capital, Inc. (NYSE:HTGC), a leader in customized debt financing for companies in the life sciences and technology-related markets. This non-dilutive capital extends cash runway into 2025 ahead of key catalysts from the Company’s registration-directed CERPASS and IGNYTE trials in cutaneous squamous cell carcinoma (CSCC) and anti-PD1 failed melanoma inclusive of the costs of funding commercial infrastructure and the running of a confirmatory study to support a potential BLA filing in anti-PD1 failed melanoma.

Company Information

Company

Replimune

Location

Woburn, Massachusetts, United States

About

Replimune is working to advance the science of oncolytic immunotherapy to improve on existing therapies and help treat more patients with a variety of tumor types. Oncolytic immunotherapy uses viruses that have been modified to selectively replicate in and kill tumors. Replimunes'​ goal is to develop powerful therapies to overcome cancer.

Company News

(10 articles)
Thu, 18 Sep 2025 15:26:28 GMT

Replimune Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 22, 2025 to Discuss Your Rights - REPL - PR Newswire

Tue, 02 Sep 2025 07:00:00 GMT

Replimune Prepares for Type A Meeting With FDA on RP1 - Dermatology Times

Tue, 16 Sep 2025 22:11:00 GMT

REPL 6-DAY DEADLINE ALERT: Investor Lawsuit Targets Replimune (REPL) After FDA Deems RP1 Trial Inadequate - Hagens Berman - PR Newswire

Tue, 22 Jul 2025 07:00:00 GMT

FDA Issues CRL to Replimune for Vusolimogene Oderparepvec With Nivolumab for Advanced Melanoma - Pharmacy Times

Wed, 30 Jul 2025 07:00:00 GMT

IGNYTE Trial Investigators Press FDA to Reconsider Replimune CRL Amid Promising Melanoma Data, Leadership Shakeup - Pharmaceutical Executive

Fri, 25 Jul 2025 07:00:00 GMT

FDA Crackdown on Trial Design: What July’s CRLs to Replimune and Capricor Mean for Sponsors - Applied Clinical Trials

Tue, 22 Jul 2025 07:00:00 GMT

REPL BREAKING NEWS: Replimune Group, Inc. Stock Plummets 75% after FDA Response Letter – BFA Law Announces Securities Fraud Investigation and Urges Investors to Contact the Firm - Business Wire

Tue, 21 Jan 2025 08:00:00 GMT

FDA Grants Priority Review to Replimune's Melanoma Treatment RP1, Breakthrough Therapy Status Secured - Stock Titan

Wed, 03 Sep 2025 20:18:00 GMT

Replimune (REPL) Faces Investor Lawsuit After FDA Blocks Cancer Drug Approval - Hagens Berman - PR Newswire

Thu, 18 Sep 2025 15:32:04 GMT

Path Toward Accelerated Approval of RP1 in Advanced Melanoma Remains Unclear After FDA Type A Meeting - OncLive

FundzWatch™ Score

67
Medium Activity

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