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Immix Biopharma Appoints Chief Commercial Officer to Drive NXC-201 Launch
Globenewswire· 2025-11-12 13:45
Core Insights - Immix Biopharma has appointed Michael Grabow as Chief Commercial Officer to lead the U.S. launch and commercialization of NXC-201 for relapsed/refractory AL Amyloidosis, a rare blood disease with no current FDA-approved therapies [1][2] Company Overview - Immix Biopharma, Inc. is recognized as the global leader in relapsed/refractory AL Amyloidosis [6] - The company is focused on developing NXC-201, a CAR-T cell therapy designed to target and eliminate toxic light chains produced in AL Amyloidosis [5][7] Product Details - NXC-201 is a sterically-optimized BCMA-targeted CAR-T cell therapy that has received both Regenerative Medicine Advanced Therapy (RMAT) and Orphan Drug Designation (ODD) from the FDA [5][7] - The therapy aims to address a significant unmet medical need in relapsed/refractory AL Amyloidosis, which is characterized by organ failure and high mortality rates [2][3] Market Insights - The AL Amyloidosis patient population in the U.S. is projected to grow at a rate of 12% annually, reaching approximately 37,270 patients by 2025 [3] - The amyloidosis market was valued at $3.6 billion in 2017 and is expected to grow to $6 billion by 2025 [4]
Legend Biotech Reports Third Quarter 2025 Results and Recent Highlights
Globenewswire· 2025-11-12 12:00
Core Insights - Legend Biotech Corporation reported strong financial results for Q3 2025, highlighting significant revenue growth driven by CARVYKTI, its leading CAR-T therapy for multiple myeloma [1][2][6] Regulatory Updates - The FDA and European Commission approved label updates for CARVYKTI, incorporating overall survival data from the Phase 3 CARTITUDE-4 study, demonstrating a statistically significant survival benefit compared to standard therapies [3][6] Key Business Developments - CARVYKTI net trade sales reached approximately $524 million, with over 9,000 patients treated to date [6][7] - The company initiated commercial production of CARVYKTI at its Tech Lane facility in Belgium, expected to support global demand in the first half of 2026 [7] - Legend Biotech expanded its global commercial footprint, with CARVYKTI now available in 14 markets worldwide [7] Financial Results - Total revenue for Q3 2025 was $272.3 million, compared to $160.2 million in Q3 2024, marking a significant increase [6][13] - Collaboration revenue increased to $261.8 million in Q3 2025 from $142.8 million in Q3 2024, attributed to sales from the Janssen collaboration [8][13] - The net loss for Q3 2025 was $39.7 million, a reduction from a net loss of $125.3 million in Q3 2024 [13][14] Cash Position - As of September 30, 2025, the company reported cash and cash equivalents of approximately $1.0 billion, providing a financial runway beyond 2026 [6][7]
Dr. Adrian Bot joins Immuthera to support the company with his unique experience in commercialization of groundbreaking cell therapies
Globenewswire· 2025-11-07 13:00
Dr. Adrian Bot joins Immuthera to support the company with his unique experience in commercialization of groundbreaking cell therapies Dr. Adrian Bot, a renowned biopharmaceutical founder and scientist, has joined Immuthera’s Board of Directors to strengthen its pipeline development and commercialization efforts. Immuthera, operating in the United States, is a wholly owned subsidiary of PolTREG S.A. a leader in innovative immune therapies with focus on regulatory T cell technologies. In addition, Dr. Bot w ...
Why Is CRISPR Genome-Editing Firm Caribou Biosciences Stock Trading Higher Today>
Benzinga· 2025-11-03 16:48
Core Insights - Caribou Biosciences Inc. reported significant advancements in its CAR-T therapy, showing complete and durable remissions in patients with advanced B-cell lymphoma [1][3] - The company’s stock surged by 17.56% following the announcement of positive trial results [6] Group 1: CAR-T Therapy Results - In the ongoing ANTLER phase 1 trial, 64% of patients achieved a complete response, while the overall response rate was 82% [3] - At one year, the progression-free survival rate was 51%, indicating that patients remained alive without cancer worsening [3] - The efficacy and durability of vispacel are comparable to autologous CAR-T cell therapies, based on data from a cohort of 35 patients [3] Group 2: Safety and Regulatory Insights - The therapy demonstrated a generally well-tolerated safety profile across all 84 patients treated in the ANTLER trial [4] - The FDA has recommended a randomized, controlled trial for second-line large B-cell lymphoma patients who are ineligible for transplant and autologous CAR-T therapy [4] - The company plans to conduct a pivotal phase 3 trial evaluating approximately 250 patients [4] Group 3: CB-011 Clinical Data - Caribou shared initial clinical data from the CaMMouflage Phase 1 trial of CB-011, an off-the-shelf anti-BCMA CAR-T cell therapy, showing a 92% overall response rate and a 75% complete response rate [5][6] - 91% of patients achieved minimal residual disease negativity, indicating no detectable cancer cells [6] - The company plans to advance the CB-011 program into dose expansion by the end of this year, with data expected in 2026 [5]
Legend Biotech Announces 10 Presentations at the 67th American Society of Hematology (ASH) Annual Meeting
Globenewswire· 2025-11-03 16:05
Core Insights - Legend Biotech will present significant data on CARVYKTI for multiple myeloma at the upcoming ASH Annual Meeting, showcasing the therapy's effectiveness and safety profile [1][3][5] - The company is also introducing first-in-human data for Lucar-G39D, a novel allogeneic CAR-T therapy for B-cell non-Hodgkin lymphoma [2][3] CARVYKTI Presentations - Two oral presentations and seven poster presentations will focus on CARVYKTI, emphasizing its long-term progression-free survival and immune fitness benefits [1][4] - CARVYKTI is the first BCMA-targeted CAR-T cell therapy approved for multiple myeloma, currently available in 14 countries and used to treat over 9,000 patients globally [3][4] Lucar-G39D Development - An oral presentation will detail the investigational Lucar-G39D therapy, which targets both CD20 and CD19 in patients with relapsed or refractory B-cell non-Hodgkin lymphoma [2][7] - This therapy represents Legend Biotech's efforts to expand its pipeline into next-generation allogeneic cell therapies [3] Clinical Trials and Studies - The CARTITUDE-4 study is an ongoing Phase 3 trial comparing cilta-cel with standard therapies for relapsed and lenalidomide-refractory multiple myeloma [58] - The CARTITUDE-1 study evaluates cilta-cel's safety and efficacy in patients with advanced multiple myeloma who have undergone multiple prior therapies [59] Company Overview - Legend Biotech is a leader in cell therapy, focusing on innovative treatments for cancer, particularly through CAR-T therapies like CARVYKTI [63] - The company collaborates with Janssen Biotech for the development and commercialization of cilta-cel, which has received multiple regulatory designations and approvals [56][57]
Immix Biopharma's NXC-201 NEXICART-2 Clinical Trial Results Selected for Oral Presentation at ASH 2025
Globenewswire· 2025-11-03 13:45
Core Insights - Immix Biopharma, Inc. announced that interim results from its Phase 1/2 NXC-201 NEXICART-2 trial in relapsed/refractory AL Amyloidosis will be presented at ASH 2025 [1][2] Industry Overview - AL Amyloidosis is a severe disease characterized by the immune system producing toxic light chains, leading to organ failure and death [3][7] - The U.S. patient population with relapsed/refractory AL Amyloidosis is projected to grow at a rate of 12% annually, reaching approximately 37,270 patients by 2025 [3] - The amyloidosis market was valued at $3.6 billion in 2017 and is expected to grow to $6 billion by 2025 [4] Company Overview - Immix Biopharma is recognized as the global leader in relapsed/refractory AL Amyloidosis, focusing on the development of NXC-201, a CAR-T cell therapy designed to target and eliminate toxic light chains [5][7] - NXC-201 has received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA and Orphan Drug Designation (ODD) from both the FDA and EMA [5][7] - The NEXICART-2 trial is a multi-site Phase 1/2 clinical study aimed at evaluating NXC-201, with an expected enrollment of 40 patients [6][7]
Immix Biopharma’s NXC-201 NEXICART-2 Clinical Trial Results Selected for Oral Presentation at ASH 2025
Globenewswire· 2025-11-03 13:45
Core Insights - Immix Biopharma, Inc. announced that interim results from its Phase 1/2 NXC-201 NEXICART-2 trial in relapsed/refractory AL Amyloidosis will be presented at ASH 2025 [2][3] Company Overview - Immix Biopharma is recognized as the global leader in relapsed/refractory AL Amyloidosis, a severe disease characterized by the immune system producing toxic light chains that lead to organ failure [4][8] - The company’s lead candidate, NXC-201, is a CAR-T cell therapy designed to target BCMA and has received both Regenerative Medicine Advanced Therapy (RMAT) and Orphan Drug Designation from the FDA [6][8] Clinical Trial Information - The NEXICART-2 trial is an ongoing multi-site Phase 1/2 clinical study of NXC-201, which aims to enroll 40 patients and has a registrational design [7] - Interim results from this trial were previously presented at ASCO 2025, indicating ongoing progress in the clinical evaluation of NXC-201 [7] Market Insights - The number of patients in the U.S. with relapsed/refractory AL Amyloidosis is projected to grow at a rate of 12% annually, reaching approximately 37,270 patients by 2025 [4] - The amyloidosis market was valued at $3.6 billion in 2017 and is expected to grow to $6 billion by 2025, reflecting significant market potential for treatments [5]
Caribou Biosciences to Host Webcast to Report New Data Updates from Two Allogeneic CAR-T Cell Therapy Programs in Lymphoma and Multiple Myeloma
Globenewswire· 2025-11-02 21:00
Core Insights - Caribou Biosciences, Inc. will present new data from the ANTLER phase 1 clinical trial for vispacabtagene regedleucel (vispa-cel) and the CaMMouflage Phase 1 trial for CB-011 on November 3, 2025 [1] - The company is focused on developing allogeneic CAR-T cell therapies for hematologic malignancies, specifically targeting relapsed or refractory B cell non-Hodgkin lymphoma and multiple myeloma [1][5] Summary of vispacabtagene regedleucel (vispa-cel) - Vispacabtagene regedleucel is an allogeneic anti-CD19 CAR-T cell therapy designed for patients with relapsed or refractory B cell non-Hodgkin lymphoma [3] - It is the first allogeneic CAR-T cell therapy in the clinic with a PD-1 knockout, aimed at enhancing CAR-T cell activity by reducing premature exhaustion [3] - The therapy has received FDA designations including Regenerative Medicine Advanced Therapy (RMAT), Orphan Drug, and Fast Track for B-NHL [3] Summary of CB-011 - CB-011 is an allogeneic anti-BCMA CAR-T cell therapy being evaluated for relapsed or refractory multiple myeloma in the CaMMouflage Phase 1 trial [4] - It is the first allogeneic CAR-T cell therapy engineered with an immune cloaking strategy, featuring a B2M knockout and a B2M–HLA-E fusion protein to mitigate immune rejection [4] - CB-011 has also been granted Fast Track and Orphan Drug designations by the FDA [4] Company Overview - Caribou Biosciences is a clinical-stage CRISPR genome-editing biopharmaceutical company focused on transformative therapies for severe diseases [5] - The company's genome-editing platform utilizes Cas12a chRDNA technology for precise development of cell therapies [5] - Caribou aims to provide broad access and rapid treatment options through its off-the-shelf CAR-T cell therapies, vispacabtagene regedleucel and CB-011 [5]
Caribou Biosciences to Host Webcast to Report New Data Updates from Two Allogeneic CAR-T Cell Therapy Programs in Lymphoma and Multiple Myeloma
Globenewswire· 2025-11-02 21:00
Core Insights - Caribou Biosciences, Inc. will present new data from the ANTLER phase 1 clinical trial for vispacabtagene regedleucel (vispa-cel) and the CaMMouflage Phase 1 trial for CB-011 on November 3, 2025 [1] - The company is focused on developing allogeneic CAR-T cell therapies for hematologic malignancies, specifically targeting relapsed or refractory B cell non-Hodgkin lymphoma and multiple myeloma [5] Group 1: Clinical Trials - The ANTLER trial evaluates vispacabtagene regedleucel (vispa-cel), an allogeneic anti-CD19 CAR-T cell therapy for patients with relapsed or refractory B cell non-Hodgkin lymphoma [3] - The CaMMouflage trial assesses CB-011, an allogeneic anti-BCMA CAR-T cell therapy for patients with relapsed or refractory multiple myeloma [4] - Both therapies have received Fast Track and Orphan Drug designations from the FDA, indicating their potential significance in treating these conditions [3][4] Group 2: Technology and Innovation - Vispacabtagene regedleucel (vispa-cel) is noted for being the first allogeneic CAR-T cell therapy with a PD-1 knockout, aimed at enhancing CAR-T cell activity [3] - CB-011 is distinguished as the first allogeneic CAR-T cell therapy utilizing an immune cloaking strategy with a B2M knockout and B2M–HLA-E fusion protein [4] - Caribou's genome-editing platform employs Cas12a chRDNA technology, which allows for superior precision in developing cell therapies [5]
Legend Biotech to Host Investor Conference Call on Third Quarter 2025 Results
Globenewswire· 2025-10-29 12:00
Core Insights - Legend Biotech Corporation will host a conference call on November 12, 2025, at 8:00 am ET to discuss its third quarter 2025 results [1] - The company is a leader in cell therapy, particularly known for its CAR-T cell therapy product, CARVYKTI, for treating relapsed or refractory multiple myeloma [3] Company Overview - Legend Biotech employs over 2,800 individuals and is recognized as the largest standalone cell therapy company [3] - The company collaborates with Johnson & Johnson to develop and market CARVYKTI, aiming to enhance patient access and therapeutic potential [3] - Legend Biotech is focused on expanding its leadership in the cell therapy sector and driving future innovations across its pipeline [3]