Cellares announced that Cabaletta Bio (CABA) Inc.’s investigational CAR T cell therapy rese-cel has been infused into the first two patients using drug product manufactured on Cellares’ Cell Shuttle automated manufacturing platform. The administration of an autologous cell therapy, which met all release criteria and was manufactured on an automated manufacturing platform, represents an important step on the journey to realizing a future where scalable manufacturing of autologous products to supply thousands of patients per year can be achieved with minimal capital investment and a low cost of goods. “This is an important milestone that reflects focused collaboration between the teams at Cabaletta and Cellares since 2023,” said Steven Nichtberger, M.D., Co-founder, Chairman, and Chief Executive Officer of Cabaletta Bio. “The dosing of these first two patients is an important demonstration of Cellares’ GMP manufacturing and supply chain capabilities with their automated manufacturing platform and thus represents a significant achievement towards our goal of securing high-capacity flexible supply with minimal capital investment and a low cost of goods.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CABA:
- Morgan Stanley and Jefferies Analysts Forecast Over 350% Upside Potential for Cabaletta Bio Stock
- Cabaletta Bio price target lowered to $13 from $14 at Morgan Stanley
- Cabaletta Bio price target raised to $16 from $15 at Guggenheim
- Midday Fly By: Musk to start Terafab project, Elliott takes stake in Synopsys
- Cabaletta Bio Updates Rese-cel Programs and Financial Outlook
