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Caribou Biosciences ( (CRBU) ) has shared an announcement.
Caribou Biosciences announced the initiation of the GALLOP Phase 1 clinical trial for CB-010 in lupus patients and provided significant updates on its CAR-T cell therapy programs for hematologic malignancies. The company plans to present data from several Phase 1 trials and potentially begin a pivotal Phase 3 trial in 2025, contingent on positive results. These developments are expected to enhance Caribou’s position in the allogeneic CAR-T cell therapy market, offering broader patient access and quicker treatment availability.
More about Caribou Biosciences
Caribou Biosciences, Inc. is a clinical-stage biopharmaceutical company operating in the CRISPR genome-editing industry. It focuses on developing allogeneic CAR-T cell therapies for treating hematologic malignancies and autoimmune diseases. Their key products include CB-010, CB-011, and CB-012, which are in various stages of clinical trials.
YTD Price Performance: -2.38%
Average Trading Volume: 1,506,138
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $148.5M
For a thorough assessment of CRBU stock, go to TipRanks’ Stock Analysis page.