Repare Therapeutics: Strategic Partnerships and Cautious Optimism Amid Uncertain Trial Outcomes Justify Hold Ratings: Repare released financial results for 2Q '25 last Friday morning. The company connues to seek strategic alternaves and partnerships across its porolio, and highlighted the past quarter's efforts that included outlicensing lunreserb to Debiopharm for $10M upfront (NOTE), and a plaorm outlicensing agreement with DCx that yielded $1M upfront, $3M in near-term payments, and a 9.9% equity stake in DCx (NOTE). The company also noted an amendment to exisng collab with BMS to include an addional target. 1 LIONS trial, RPTX reiterates 4Q'25 ming for the towline dataset, where RPTX has completed enrollment of N=29 TRIM37-high solid tumors.