SOMERSET, N.J., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced that Ying Huang, Ph.D., the company’s Chief Executive Officer, will present the latest company updates at the 44th Annual J.P. Morgan Healthcare Conference in San Francisco, CA, on Wednesday, January 14th, 2026, at 9:00 a.m. PT. The live webcast will be available to investors and other interested parties by accessing the Investor Relations section of ...

Core Insights - Legend Biotech Corporation announced long-term clinical data for CARVYKTI, showing a median progression-free survival (mPFS) of 50.4 months in triple-class-exposed relapsed/refractory multiple myeloma patients after a single infusion, marking one of the longest PFS outcomes for BCMA-targeted CAR-T therapy in this population [1][8][12] Group 1: Clinical Data and Efficacy - The CARTITUDE-1 and CARTITUDE-4 studies demonstrated that patients treated with CARVYKTI earlier in their treatment journey exhibited stronger immune fitness and a more immunocompetent tumor microenvironment, correlating with longer PFS [3][4][12] - At a median follow-up of 33.6 months, patients with standard-risk cytogenetics in the CARVYKTI arm achieved a 30-month PFS rate of 71.0%, compared to 43.2% in the standard-of-care arm [7][8] - Notably, all patients who achieved minimal residual disease (MRD)-negative complete response at 12 months following CARVYKTI infusion remained progression-free at 30 months [9] Group 2: Safety and Adverse Events - Among patients receiving CARVYKTI, cytokine release syndrome (CRS) occurred in 84% of cases, with a median time to onset of 7 days and resolution in 82% of patients [20][22] - Neurologic toxicities, including Immune Effector Cell-associated Neurotoxicity Syndrome (ICANS), occurred in 24% of patients, with a median time to onset of 10 days [25][28] - Hypogammaglobulinemia was reported in 36% of patients, with 93% experiencing laboratory IgG levels below 500 mg/dL after infusion [52][53] Group 3: Company Overview and Future Directions - Legend Biotech is a leader in cell therapy, particularly with CARVYKTI, which has been approved for treating relapsed or refractory multiple myeloma [64][65] - The company is focused on expanding patient access and therapeutic potential of CARVYKTI while driving innovation across its pipeline of cell therapy modalities [71]

Summary of Chimeric Therapeutics Update / Briefing Company Overview - **Company**: Chimeric Therapeutics (ASX:CHM) - **Focus**: Development of CAR-T cell therapies, specifically targeting CDH17 for neuroendocrine tumors and other cancers - **Current Trials**: Four active phase one clinical trials under three different FDA INDs across multiple U.S. centers [1][2] Core Points and Arguments - **Lead Program**: CHM 2101 is the first CDH17 CAR-T in clinical trials under an FDA IND, with significant potential in the CDH17 space [2][10] - **Clinical Trials**: - The IND was cleared in November 2023, and fast track status was granted in April 2025, facilitating real-time interaction with the FDA [10][11] - Currently enrolling patients with colorectal cancer, gastric cancer, and neuroendocrine cancers [11] - Eight patients have been treated so far, with plans to treat a total of 15 in the phase one study [11][12] - **Study Design**: The trial is flexible and adaptive, exploring three dose levels, with safety established at the first dose level of 50 million CAR-T cells [12][14] - **Efficacy Indicators**: Early signs of anti-tumor activity observed, including a 12% tumor shrinkage in one patient at dose level two [17] Leadership and Expertise - **Leadership Team**: Includes experienced professionals with backgrounds in CAR-T therapies from companies like Amgen, Celgene, and Kite Pharma [3][4] - **Clinical Expertise**: Dr. Jennifer Eads, a key figure in the trial, emphasizes the importance of quality of life for patients with neuroendocrine tumors and the strategic approach to treatment [22][25] Clinical Experience and Patient Outcomes - **Patient Profiles**: Focus on patients with stable disease who have progressed on standard somatostatin analog therapy [25] - **Cytokine Release Syndrome (CRS)**: Two patients experienced CRS, which is being monitored closely; it can indicate immune activation [34][36] - **Quality of Life Improvements**: One patient reported significant improvements in quality of life post-treatment, highlighting the potential benefits of CAR-T therapy [29] Market Potential - **Market Size**: The global market for CAR-T therapies was approximately $27 billion last year and is expected to grow significantly, particularly due to rising bowel cancer rates among younger populations [43] - **Commercial Opportunities**: Interest from big pharma companies in CAR-T therapies presents potential partnerships and licensing opportunities [46] Safety and Regulatory Considerations - **Safety Monitoring**: Ongoing assessment of safety and efficacy is critical, with a focus on balancing treatment benefits against potential side effects [49][50] - **Regulatory Pathway**: Fast track designation allows for potential market entry at the end of phase two, reducing the need for extensive phase three trials [45] Conclusion - **Progress and Future Outlook**: Chimeric Therapeutics is optimistic about the ongoing trials and the potential for CHM 2101 to provide significant benefits to patients with neuroendocrine tumors and other cancers, with more data expected in the coming weeks [44][51]

Core Viewpoint - The article discusses the development and potential of in vivo CAR-T cell therapy, particularly focusing on Capstan Therapeutics and its innovative approach to treating cancer and autoimmune diseases through a new mRNA delivery system [2][3][19]. Group 1: In Vivo CAR-T Technology - In vivo CAR-T technology allows for the generation of CAR-T cells directly within the body through the injection of lipid nanoparticles (LNP) delivering mRNA, addressing challenges such as complexity, time, and cost associated with traditional CAR-T therapies [2][3]. - Capstan Therapeutics, founded by leading researchers in the field, has secured $340 million in funding to advance this technology for various diseases [2][3]. Group 2: Clinical Trials and Research Findings - Capstan's CAR-T therapy CPTX2309 has commenced Phase 1 clinical trials for treating B cell-mediated autoimmune diseases [3]. - Preclinical studies demonstrated that the proprietary targeted lipid nanoparticles (tLNP) effectively delivered CAR mRNA to CD8+ T cells, showing promising therapeutic prospects and safety in animal models [3][4]. Group 3: Market Potential and Patient Demographics - The patient population for autoimmune diseases is significantly larger than that for B cell malignancies, with approximately 20 million individuals in the U.S. and 10% of the global population affected [6]. - There is a pressing need for scalable, off-the-shelf therapies that do not require chemotherapy preconditioning and can be administered in non-specialized medical centers [6]. Group 4: Mechanism and Efficacy - The research team developed a novel ionizable lipid L828 and optimized the LNP formulation to enhance targeting and accumulation in the liver while minimizing off-target effects [7]. - The CD8-L829-tLNP demonstrated a preference for modifying CD8+ T cells over CD4+ T cells, leading to effective targeting and destruction of B cells in both humanized mouse models and non-human primate models [9][10]. Group 5: Safety and Tolerability - In non-human primate studies, the treatment showed good tolerability, although some adverse effects were noted, such as a known side effect of CAR-T therapy [16]. - The study indicated that the treatment led to a temporary depletion of B cells, suggesting a reset of the immune system, which is crucial for long-term therapeutic benefits [16][19].

Core Insights - Legend Biotech Corporation reported strong commercial performance of CARVYKTI, aiming for company-wide profitability by next year through capacity expansion and global approvals [2][6][10] Regulatory Updates - The European Medicines Agency's CHMP provided a positive opinion for CARVYKTI, highlighting significant improvement in overall survival from the CARTITUDE-4 study [7] - Australia's TGA approved CARVYKTI for second-line treatment in multiple myeloma patients [7] Key Business Developments - Over 6,000 patients have been treated with CARVYKTI to date [6] - Clinical production of CARVYKTI was initiated at the Tech Lane facility in Belgium, with commercial production expected by the end of 2025 [6][7] - The company published its second annual ESG report, aligning with various sustainability standards [7] First Quarter 2025 Financial Results - CARVYKTI net trade sales reached approximately $369 million [6] - Total revenue for Q1 2025 was $195.1 million, up from $94.0 million in Q1 2024 [14] - Collaboration revenue increased to $185.6 million from $78.5 million year-over-year [12] - License revenue decreased to $9.3 million from $12.2 million year-over-year [12] - Net loss for Q1 2025 was $100.9 million, compared to a net loss of $59.8 million in Q1 2024 [12][15] - Cash and cash equivalents stood at $1.0 billion as of March 31, 2025, providing a financial runway into Q2 2026 [6][12]

Company Overview - Legend Biotech Corporation is a global leader in cell therapy with over 2,500 employees, making it the largest standalone cell therapy company [3] - The company is pioneering treatments that aim to revolutionize cancer care, particularly through its CAR-T cell therapy [3] - CARVYKTI, a one-time treatment for relapsed or refractory multiple myeloma, is developed and marketed in collaboration with Johnson & Johnson [3] Upcoming Events - Legend Biotech will host a conference call for investors on May 13, 2025, at 8:00 am ET to review first-quarter 2025 results [1] - Senior leaders will provide an overview of the company's performance during the call [1] - A replay of the webcast and earnings news release will be available approximately two hours after the call concludes [2]

Core Viewpoint - Mustang Bio, Inc. has exited its lease for a manufacturing facility in Worcester, Massachusetts, and divested certain fixed assets to AbbVie for $1.0 million, while relocating its corporate headquarters to Waltham, Massachusetts [1][2]. Group 1: Financial Implications - The termination of the lease is expected to result in approximately $2.0 million in cash expense savings over the next 24 months [2]. - The divestment of fixed assets to AbbVie Bioresearch Center Inc. was completed for a total of $1.0 million [1]. Group 2: Strategic Focus - The company remains committed to advancing its existing portfolio and plans to initiate a novel clinical trial with MB-109, targeting recurrent glioblastoma and high-grade astrocytomas in the second half of 2025 [3]. - MB-109 is a combination therapy that includes MB-101 (IL13Rα2-targeted CAR-T cell therapy) and MB-108 (HSV-1 oncolytic virus), aimed at enhancing the efficacy of CAR-T cell therapy by modifying the tumor microenvironment [4]. Group 3: Company Overview - Mustang Bio is a clinical-stage biopharmaceutical company focused on developing cell therapies for difficult-to-treat cancers, partnering with leading medical institutions to advance CAR-T therapies [5].