Autolus(AUTL)
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Autolus Therapeutics to Participate in Upcoming Investor Conferences
Globenewswire· 2025-03-05 12:00
Core Insights - Autolus Therapeutics plc is a commercial-stage biopharmaceutical company focused on developing next-generation programmed T cell therapies for cancer and autoimmune diseases [3] Group 1: Upcoming Events - The company will participate in the Jefferies Biotech on the Beach Summit on March 11, 2025, in Miami, FL, hosting investor meetings [2] - Autolus will also present a fireside chat at the Leerink Global Biopharma Conference on March 12, 2025, at 8:40 am EDT / 12:40 pm GMT, led by CEO Dr. Christian Itin [2] - A webcast of the fireside chat will be available on the company's website, with a replay archived for 90 days [2] Group 2: Company Overview - Autolus utilizes proprietary and modular T cell programming technologies to create targeted and controlled T cell therapies [3] - The company has an FDA-approved product, AUCATZYL, and is developing a pipeline for treating hematological malignancies, solid tumors, and autoimmune diseases [3]
Autolus Therapeutics Presents Clinical Data Updates at the 2025 Tandem Meetings
Globenewswire· 2025-01-17 12:00
Core Insights - Autolus Therapeutics plc is set to present new data on its CAR-T cell therapy AUCATZYL® at the 2025 Tandem Meetings, highlighting its cost-effectiveness and clinical outcomes compared to other therapies [1][2]. Group 1: Presentations and Findings - The company will deliver an oral presentation and three poster presentations at the upcoming conference, focusing on the economic model comparing AUCATZYL® with other CAR-T therapies [1]. - An updated health economic cost model indicates that AUCATZYL® has a shorter duration and lower incidence of cytokine release syndrome (CRS) and immune effector cell-associated neurotoxicity syndrome (ICANS), leading to reduced healthcare costs [2]. - A poster presentation will detail the economic model comparing costs associated with CRS and ICANS among patients treated with CAR-T therapies for relapsed/refractory B-Cell Acute Lymphoblastic Leukemia (R/R B-ALL), showing that AUCATZYL® is associated with lower healthcare costs compared to brexu-cel [4]. Group 2: Clinical Outcomes - An oral presentation will discuss risk factors associated with sub-optimal outcomes and hematotoxicity following treatment with obe-cel for R/R B-ALL, emphasizing the potential for risk stratification to identify patients who may benefit from treatment [3]. - A poster will compare the efficacy and safety outcomes of obe-cel versus non-CAR T-cell standard of care therapies, demonstrating higher overall response rates (ORR) and longer overall survival (OS) and event-free survival (EFS) for obe-cel [5]. - Another poster will present findings that deep molecular remission predicts better clinical outcomes in adults treated with obe-cel, with 84% of responders achieving measurable residual disease (MRD) <10 leukemic cells, correlating with improved EFS and OS rates [6][7]. Group 3: Company Overview - Autolus Therapeutics plc is a commercial-stage biopharmaceutical company focused on developing next-generation T cell therapies for cancer and autoimmune diseases, with an FDA-approved product, AUCATZYL, and a pipeline of candidates in development [8]. - The company utilizes proprietary T cell programming technologies to create targeted and effective therapies designed to overcome the limitations of existing treatments [8]. - AUCATZYL is specifically indicated for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukemia, showcasing the company's commitment to addressing significant unmet medical needs in oncology [11].
Autolus Therapeutics Provides Business Updates and 2025 Overview
Globenewswire· 2025-01-13 12:00
Core Insights - Autolus Therapeutics is progressing with the commercial launch of AUCATZYL, having 24 treatment centers authorized as of January 10, 2025, with plans to reach 30 by the end of Q1 2025 [1][2] - AUCATZYL has been included in the National Comprehensive Cancer Network (NCCN) Clinical Practice Guidelines for treating adult patients with relapsed/refractory B-cell precursor acute lymphoblastic leukemia (r/r B-ALL) [3] - The company will provide updates on its clinical development program, including expansion into autoimmune diseases, at an R&D investor event scheduled for April 23, 2025 [1][4] Company Updates - The FDA approved AUCATZYL on November 8, 2024, and the company anticipates completing authorization for 60 treatment centers by the end of 2025, covering approximately 90% of the target patient population [2][4] - Autolus is also under regulatory review for AUCATZYL in the European Union and the United Kingdom, with expected marketing approvals in the second half of 2025 [4] Clinical Development - Initial data from the ongoing CARLYSLE Phase 1 trial in systemic lupus erythematosus (SLE) will be shared at the upcoming R&D investor event [2][4] - The company plans to present initial data from the PY01 trial of AUCATZYL in pediatric ALL in the second half of 2025 [4] Product Information - AUCATZYL is a CD19-directed CAR T cell therapy designed to improve clinical activity and safety compared to existing therapies, specifically for adult patients with relapsed or refractory B-ALL [7][8] - The therapy has a fast target binding off-rate to minimize excessive activation of T cells [7] Safety and Efficacy - The safety profile of AUCATZYL was evaluated in the FELIX study, which included 100 patients, with a median dose of 410 × 10^6 CD19 CAR-positive viable T cells [27] - Common serious adverse reactions included infections, febrile neutropenia, and cytokine release syndrome (CRS) [28]
Autolus(AUTL) - 2024 Q3 - Quarterly Report
2024-11-12 21:27
Financial Performance - For the three months ended September 30, 2024, the company incurred a net loss of $82.1 million, compared to a net loss of $45.8 million for the same period in 2023, representing an increase of 79.3%[111] - For the nine months ended September 30, 2024, the net loss was $193.1 million, up from $131.2 million in 2023, indicating a year-over-year increase of 47.2%[111] - The net loss for the three months ended September 30, 2024, was $82.1 million, a 79% increase from the net loss of $45.8 million in the same period of 2023[131] - License revenue was $0 for the three months ended September 30, 2024, compared to $0.4 million in the same period of 2023[132] - License revenue for the nine months ended September 30, 2024, was $10.1 million, a 494% increase from $1.7 million for the same period in 2023[142] Cash and Cash Equivalents - As of September 30, 2024, the company had an accumulated deficit of $1,071.6 million, compared to $878.6 million as of December 31, 2023[111] - The company had cash and cash equivalents of $657.1 million as of September 30, 2024, which is expected to fund operations for at least the next twelve months[111] - As of September 30, 2024, the company had cash and cash equivalents of $657.1 million, up from $239.6 million as of December 31, 2023[169] Operating Expenses - Research and development expenses increased by 25% to $40.3 million for the three months ended September 30, 2024, compared to $32.3 million in the same period of 2023[131] - General and administrative expenses surged by 158% to $27.3 million for the three months ended September 30, 2024, up from $10.6 million in the prior year[131] - Total operating expenses rose by 58% to $67.9 million for the three months ended September 30, 2024, compared to $42.9 million in the same period of 2023[131] - General and administrative expenses rose by $36.4 million to $67.4 million for the nine months ended September 30, 2024, compared to $31.0 million for the same period in 2023, marking a 117% increase[145] - Total research and development expenses for the nine months ended September 30, 2024, were $107.6 million, up 16% from $92.9 million for the same period in 2023[144] Interest and Foreign Exchange - Interest income increased by 128% to $8.3 million for the three months ended September 30, 2024, compared to $3.6 million in the prior year[131] - Interest expense rose by 113% to $10.7 million for the three months ended September 30, 2024, up from $5.0 million in the same period of 2023[131] - Foreign exchange losses increased significantly to $11.9 million for the three months ended September 30, 2024, compared to $1.7 million in the same period of 2023, marking a 586% increase[131] - For the nine months ended September 30, 2024, foreign exchange losses were $12.4 million, up from $0.4 million in the same period of 2023[171] - An immediate hypothetical one percentage point change in interest rates would have resulted in a $1.8 million increase in interest income for the nine months ended September 30, 2024[169] Regulatory Approvals and Clinical Trials - The FDA granted marketing approval for AUCATZYL (obe-cel) for adult relapsed/refractory B-cell Acute Lymphoblastic Leukemia on November 8, 2024[112] - The approval of AUCATZYL triggered a $30.0 million milestone payment from Blackstone, resulting in a net increase to cash and cash equivalents of $16.6 million after a £10.0 million regulatory milestone payment[113] - The ongoing Phase 1 trial (CARLYSLE) for obe-cel in refractory systemic lupus erythematosus is expected to complete enrollment and present initial data in Q1 2025[112] - Clinical programs AUTO8, AUTO6NG, and AUTO1/22 are progressing as expected, with data updates planned for 2025[112] Future Outlook and Funding - The company expects significant expenses and operating losses as it markets AUCATZYL and advances other product candidates through development and regulatory approval[151] - The company plans to establish and expand its sales, marketing, and distribution infrastructure for AUCATZYL and other product candidates[159] - Future funding requirements will depend on the commercialization of AUCATZYL and the progress of clinical trials for other product candidates[161] - The company anticipates increased expenses related to hiring additional personnel and expanding infrastructure to support growth[159] Miscellaneous - The company has no revenue from commercial product sales as of September 30, 2024, with total revenue generated from outlicensing agreements[114] - The company has raised an aggregate of $1.7 billion from various capital sources since its inception in 2014 through September 30, 2024[151] - The company does not currently engage in currency hedging activities but may consider it in the future to manage currency exposure[171] - The effective interest rate for the BioNTech Liability may fluctuate due to discretionary contractual payments[169] - The carrying amount of the Blackstone Collaboration Agreement Liability is based on estimated future royalties and milestones[169] - The company maintains its accounting records in pounds sterling and presents consolidated financial statements in U.S. dollars[171] - Changes in exchange rates have caused material fluctuations in the Consolidated Statements of Operations and Comprehensive Loss[171]
Autolus(AUTL) - 2024 Q3 - Earnings Call Transcript
2024-11-12 19:57
Financial Data and Key Metrics Changes - Cash and cash equivalents increased to $657.1 million as of September 30, 2024, compared to $239.6 million at the end of December 2023 [37] - Total net operating expenses for Q3 2024 were $67.9 million, up from $42.9 million in Q3 2023 [38] - Research and development expenses rose from $32.3 million to $40.3 million year-over-year [39] - General and administrative expenses increased significantly from $10.6 million to $27.3 million, primarily due to increased headcount for pre-commercialization activities [40] - Net loss for Q3 2024 was $82.1 million, compared to $45.8 million in the same period last year [41] Business Line Data and Key Metrics Changes - The approval of AUCATZYL is a significant milestone, marking the first CAR-T program approved without a REMS requirement by the FDA [7][8] - The company has onboarded approximately 60 centers for AUCATZYL, with 30 ready to activate, covering about 60% of the target patient population in the U.S. [11] - The commercial manufacturing facility, The Nucleus, is expected to produce approximately 2,000 products annually, targeting two-thirds of relapsed or refractory patients in the U.S. and Europe [14] Market Data and Key Metrics Changes - The price for AUCATZYL is set at $525,000, based on extensive evaluations of its clinical value and safety profile [19] - The company is actively engaging with regulatory authorities in Europe and the UK for the approval of obe-cel, with expectations for mid-2025 [21][46] Company Strategy and Development Direction - The company is focused on launching AUCATZYL and expanding its CAR-T therapy offerings, with plans to add 30 more centers in 2025 to reach approximately 90% of the target population [12] - The company is also exploring broader applications for obe-cel beyond ALL, including studies in pediatric patients and systemic lupus [29][30] - The strategy includes a country-by-country approach for the European launch, starting with Germany [85] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the approval of AUCATZYL and the potential impact on ALL patients [9][34] - The company anticipates initial data from the Phase 1 SLE trial by the end of Q1 2025, with further updates on pediatric ALL and long-term observations later in the year [43][35] - Management highlighted the importance of a strong safety profile for obe-cel, which may facilitate outpatient administration [47] Other Important Information - The company expects to receive a $30 million milestone payment from Blackstone due to the FDA approval, along with a £10 million regulatory milestone payment [42] - The company is preparing for presentations at the upcoming ASH meeting, with four abstracts selected for presentation [24] Q&A Session Summary Question: Is obe-cel's EU approval still on track for mid-25? - Management confirmed that the EU approval process is on track for mid-2025, with similar expectations for the UK [46] Question: Can you expand on the baseline characteristics that might suggest obe-cel's superior efficacy? - Management noted that patients with less than 75% tumor burden at lymphodepletion showed an ORR of 85-86%, indicating high efficacy [51] Question: How are you maintaining a low out-of-spec rate in a commercial setting? - Management expressed confidence in maintaining low out-of-spec rates due to established specifications based on clinical performance [57] Question: Can you discuss any feedback from physicians regarding Ticardis versus Obe-cel? - Management reported positive feedback on obe-cel's product profile, highlighting its easier management and lower toxicity [74] Question: Can you provide insights into the SLE trial patient numbers and data disclosure? - The SLE trial is enrolling six patients initially, with data expected in Q1 and longer-term follow-up in the second half of the year [78]
Autolus(AUTL) - 2024 Q3 - Earnings Call Presentation
2024-11-12 15:38
Autolus Q3 2024 Financial Results and Business Updates 12 November 2024 For Investor communication only. Not for use in product promotion. Not for further distribution. Autolus.com Disclaimer These slides contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts, and in some cases can be identified by terms such as "may," "will," "could," "expects," "pl ...
Autolus(AUTL) - 2024 Q3 - Quarterly Results
2024-11-12 12:54
Financial Results - Autolus Therapeutics plc announced its financial results for Q3 2024, ending September 30, 2024[4]. - The financial results and corporate updates are not deemed "filed" under the Securities Exchange Act[4]. Corporate Updates - The company provided a corporate update during the conference call held on November 12, 2024[5]. - A press release detailing the financial results was issued, which is included as Exhibit 99.1[6]. - An updated corporate presentation was utilized during the conference call, available as Exhibit 99.2[5]. - The report was signed by CEO Christian Itin, Ph.D., on November 12, 2024[7]. Company Information - The company is listed on the Nasdaq Global Select Market under the trading symbol AUTL[2]. - The nominal value of the ordinary shares is $0.000042 per share[2]. - Autolus Therapeutics plc is not classified as an emerging growth company[3]. - The company is based in London, United Kingdom[1].
Autolus Therapeutics Announces FDA Approval of AUCATZYL® (obecabtagene autoleucel – obe-cel) for adults with relapsed/refractory B-cell acute lymphoblastic leukemia (r/r B-ALL)
GlobeNewswire News Room· 2024-11-08 21:23
Core Insights - The FDA has granted marketing approval for AUCATZYL (obecabtagene autoleucel), the first CAR T therapy without a REMS program, for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukemia (r/r B-ALL) [1][2] - The approval is based on the results from the FELIX clinical trial, which demonstrated significant efficacy and safety profiles for AUCATZYL [2][4] Company Overview - Autolus Therapeutics plc is an early commercial stage biopharmaceutical company focused on developing next-generation programmed T cell therapies for cancer and autoimmune diseases [7] - AUCATZYL is the company's first commercial product, marking a significant milestone in its development journey [4] Clinical Trial Results - In the FELIX trial, 94 patients received AUCATZYL, with 63% achieving overall complete remission (OCR) and 42% achieving complete remission within 3 months [2][22] - The median duration of remission was reported at 14.1 months, indicating long-term efficacy [2][4] Safety Profile - AUCATZYL showed low levels of Cytokine Release Syndrome (CRS), with only 3% of patients experiencing Grade 3 events, and no Grade 4 or 5 events reported [2][3] - The most common adverse reactions included infections, musculoskeletal pain, and neurologic toxicities, with 64% of patients experiencing some form of neurologic toxicity [3][23] Manufacturing and Distribution - AUCATZYL will be manufactured at Autolus' dedicated site in Stevenage, UK, which has received necessary regulatory approvals [4] - Cardinal Health will serve as the commercial distribution partner in the U.S. [4] Market Context - Approximately 8,400 new cases of adult ALL are diagnosed annually in the US and EU, with around 3,000 patients in the relapsed refractory setting, highlighting a significant unmet medical need [5] - The approval of AUCATZYL is expected to address the poor survival rates in adult patients with r/r ALL, which currently stands at a median overall survival of eight months [5]
Autolus Therapeutics to Report Third Quarter 2024 Financial Results and Host Conference Call on November 12, 2024
GlobeNewswire News Room· 2024-10-28 21:00
LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced that it will release its third quarter 2024 financial results and operational highlights before open of US markets on Tuesday, November 12, 2024. Management will host a conference call and webcast at 8:30 am EDT/1:30 pm BST to discuss the company’s financial results and provide a general business update. Conferen ...
Autolus: Start Thinking About Obe-Cel PDUFA -- And The (Baby) Bull Case
Seeking Alpha· 2024-09-06 18:12
kadirkaplan/iStock via Getty Images Investment Overview - Brife Cell Therapy Overview — Autolus' November PDUFA Date The list of approved cell therapies is growing every year, and potentially, Autolus Therapeutics plc (NASDAQ:AUTL), the United Kingdom based T-cell specialist could be the next to enter the commercial markets. As a reminder, “autologous” cell therapies work extraction a patients' cells, transportation to a lab, genetically engineer the cells to be able to target, attack and destroy, certa ...