Stock Track | CARsgen-B Soars 5.91% Intraday on Pipeline Catalyst with Universal CAR-T Therapy Data Acceptance at EHA
Stock Track
May 07
CARsgen-B's stock surged 5.91% during intraday trading on Thursday, driven by positive pipeline developments.
The company announced that research abstracts for two of its universal CAR-T cell therapies, CT0596 and CT1190B, have been accepted for poster presentation at the upcoming European Hematology Association annual meeting. CT0596 targets BCMA for relapsed/refractory multiple myeloma and plasma cell leukemia, while CT1190B targets CD19/CD20 for relapsed/refractory B-cell non-Hodgkin lymphoma. This acceptance signifies a key pipeline advancement, with the company planning to initiate Phase Ib clinical trials for both candidates.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.