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2026-10-15 13:43 11d ago
2026-10-15 08:00 11d ago
FDA schválila žádost IND společnosti Legend Biotech pro terapii LB2501
LEGN Legend Biotech
FMP Stock News 96
Original source text
 | Source: Legend Biotech USA Inc.

LB2501 is an off-the-shelf in vivo CAR-T therapy designed to generate dual-targeting CD19/CD20 CAR-T cells directly within the patient after a single infusion, making it the first known dual-targeting in vivo CAR-T therapy to receive FDA IND clearance IND clearance supports planned U.S. Phase 1/2 study and advances Legend Biotech’s in vivo cell engineering platform
BRIDGEWATER, N.J., Oct. 15, 2026 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced that the U.S. Food and Drug Administration (FDA) has cleared the investigational new drug (IND) application for LB2501, an investigational in vivo CAR-T therapy designed to generate CD19/CD20 dual-targeting chimeric antigen receptor T (CAR-T) cells directly within the patient, for the treatment of relapsed or refractory B-cell malignancies, including B-cell non-Hodgkin lymphoma.

The planned U.S. Phase 1/2 study will evaluate the safety, tolerability, pharmacokinetics, and preliminary efficacy of LB2501. The clearance represents an advancement of Legend Biotech’s strategy to develop the next generation of CAR-T therapies through innovative in vivo cell engineering.

LB2501 is designed as an off-the-shelf, single-infusion therapy that generates CAR-T cells directly within the patient, potentially avoiding several manufacturing steps required for conventional autologous CAR-T therapies. The therapy is being evaluated without lymphodepleting chemotherapy.

“We believe in vivo CAR-T represents the next frontier of cell therapy, with the potential to bring transformative, life-changing treatments to many more patients around the world,” said Ingrid Zhang, Chief Executive Officer of Legend Biotech. “The FDA’s clearance of our IND application marks an important step in advancing LB2501 and our broader in vivo cell engineering platform. Building on Legend’s deep CAR-T experience, we are working to develop an approach that could help simplify access to and delivery of this important treatment class.”

LB2501 is built on Legend Biotech’s proprietary TaVec™ platform and uses an engineered, replication-incompetent lentiviral vector designed to selectively transduce T cells. Once transduced, the T cells generate a chimeric antigen receptor (CAR) that targets both CD19 and CD20. This dual-targeting approach is intended to help address antigen escape and other potential mechanisms of treatment resistance in B-cell malignancies.

ABOUT LB2501
LB2501 is an off-the-shelf in vivo CAR-T therapy designed to generate dual-targeting CD19/CD20 CAR-T cells directly within the patient after a single infusion, making it the first known dual-targeting in vivo CAR-T therapy to receive FDA IND clearance. LB2501 is currently being evaluated in an ongoing Phase 1, open-label study (NCT07002112) in China in patients with relapsed or refractory B-cell malignancies to assess safety, tolerability, and preliminary efficacy.i

ABOUT B-CELL NON-HODGKIN LYMPHOMA
B-cell malignancies encompass a clinically heterogeneous group of clonal lymphoproliferative neoplasms originating at various discrete stages along the B-lymphocyte ontogeny. It spans immature precursor subtypes like B-cell lymphoblastic leukemias to mature forms like B-cell non-Hodgkin lymphoma (B-NHL), chronic lymphocytic leukemia (CLL), and terminally differentiated plasma cell dyscrasias. B-NHL accounts for 90% of all malignant lymphomas. While treatment advances have improved outcomes for some patients, those with relapsed or refractory B-NHL, particularly after multiple lines of therapy, often face limited options.

ABOUT LEGEND BIOTECH
With over 3,000 employees, Legend Biotech is the largest standalone cell therapy company and a pioneer in treatments that change cancer care forever. Legend Biotech is at the forefront of the CAR-T cell therapy revolution with CARVYKTI®, a one-time treatment for relapsed or refractory multiple myeloma, which it develops and markets with collaborator Johnson & Johnson. Centered in the United States, Legend Biotech is building an end-to-end cell therapy company by expanding its leadership to maximize CARVYKTI’s patient access and therapeutic potential. From this platform, Legend Biotech plans to drive future innovation across its pipeline of cutting-edge cell therapy modalities.

Learn more at https://legendbiotech.com and follow us on X, LinkedIn, and Instagram.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to Legend Biotech’s strategies and objectives, the Phase 1 clinical trial, and the planned U.S. Phase 1/2 clinical trial, of LB2501, the potential benefits of LB2501, including the reproducibility and durability of any favorable results initially seen in patients dosed to date in clinical trials, and in vivo CAR-T representing the next frontier of cell therapy. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Legend Biotech’s expectations could be affected by, among other things, uncertainties involved in the development of new pharmaceutical products; unexpected clinical trial results, including as a result of additional analysis of existing clinical data or unexpected new clinical data; unexpected regulatory actions or delays, including requests for additional safety and/or efficacy data or analysis of data, or government regulation generally; unexpected delays as a result of actions undertaken, or failures to act, by Legend Biotech’s third-party partners; uncertainties arising from challenges to Legend Biotech’s patent or other proprietary intellectual property protection, including the uncertainties involved in the U.S. litigation process; government, industry, and general product pricing and other political pressures; as well as the other factors discussed in the “Risk Factors” section of Legend Biotech’s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this press release as anticipated, believed, estimated, or expected. Any forward-looking statements contained in this press release speak only as of the date of this press release. Legend Biotech specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

____________________________
i ClinicalTrials.gov. The CD19/CD20 Dual-Target in Vivo CAR-T Lentiviral Product in the Treatment of Relapsed/Refractory B-cell Malignancies. https://clinicaltrials.gov/study/NCT07002112. Accessed May 2026.
2026-08-11 14:29 2mo ago
2026-08-11 09:05 2mo ago
Legend Biotech poprvé dosáhla zisku ve 2. čtvrtletí 2026
LEGN Legend Biotech
FMP Stock News 92
Original source text
CPI Data Sparks Rally in Biotech StocksLegend Biotech NASDAQ: LEGN reported second-quarter 2026 results marked by continued global growth for CARVYKTI and the company’s first quarter of company-wide profitability on both an IFRS and adjusted basis, management said during its earnings call.

Interim Chief Executive Officer Alan Bash said the company generated approximately $657 million in worldwide net trade sales for CARVYKTI during the quarter, up 50% from a year earlier and 10% sequentially. He also said Legend generated adjusted net income of $63 million and expects to remain adjusted-net-income profitable during the second half of 2026.

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Why Legend Biotech Stock Is Having Its Best Month YetThe call followed the departure of former CEO Dr. Ying Huang last month. Bash said the leadership change does not represent a change in strategy, with the company remaining focused on expanding CARVYKTI, advancing its next-generation pipeline and strengthening execution.

CARVYKTI Growth Driven by Earlier-Line Use and International Expansion CARVYKTI sales in the U.S. increased 32% year over year, while sales outside the U.S. rose 128%, according to Bash. U.S. sales grew 9% sequentially, supported primarily by accelerating adoption in earlier treatment lines. International sales increased 13% sequentially as launches continued across 19 markets and the company expanded its activated treatment-site network.

Legend said CARVYKTI is now available through 348 treatment sites globally. More than 150 authorized treatment centers are in the U.S., including community hospitals representing roughly 40% of those sites.

Management said use in the second through fourth lines of treatment now accounts for more than 70% of CARVYKTI’s U.S. volume. The company had previously said second- and third-line use represented 41% of total mix, but said it does not plan to provide that more detailed breakout every quarter.

Bash said the company and its partner, Johnson & Johnson, continue to position CARVYKTI as a “one-and-done” treatment option compared with continuous therapies. Management also cited clinical and real-world data suggesting patients may have better outcomes when they receive CAR-T therapy before other BCMA-directed treatment options.

Legend reiterated its view that CARVYKTI has peak annual sales potential above $5 billion.

In Vivo CAR-T Data and Pipeline Plans The company highlighted early clinical data for LB2501, a CD19/CD20 dual-targeting in vivo CAR-T therapy being studied in relapsed or refractory non-Hodgkin’s lymphoma. Data presented at the European Hematology Association Congress included 12 patients in an ongoing China-based investigator-initiated Phase I dose-escalation trial.

At the second dose level, six patients with diffuse large B-cell lymphoma, mantle cell lymphoma or follicular lymphoma had a 100% objective response rate and an 83.3% complete response rate, Bash said. CAR-T cells were detected in peripheral blood for as long as 116 days. The treatment was reported to be well tolerated, with no dose-limiting toxicities, serious adverse events or deaths reported in the data set.

Legend expects to file a U.S. investigational new drug application for LB2501 by the end of 2026 and intends to conduct the initial U.S. Phase I study itself. The company said it plans to present additional data from the China study at future medical conferences and is ultimately targeting an update on six-month complete-response rates.

During the question-and-answer session, management also disclosed that Legend will conduct an investigator-initiated study in China of LB2505, an investigational BCMA-targeted in vivo CAR-T treatment for multiple myeloma. The program is subject to the company’s collaboration agreement with Johnson & Johnson, and management did not provide additional details.

Legend said it remains interested in pursuing in vivo CAR-T opportunities in autoimmune disease across multiple potential targets. Management distinguished its lentiviral vector-based platform from Sail’s preclinical circular mRNA and lipid nanoparticle platform.

Beyond in vivo programs, the company said it continues to advance autologous CAR-T candidates targeting Claudin 18.2, DLL3, GPRC5D and other targets, as well as allogeneic programs for autoimmune disease and B-cell malignancies. Interim Head of R&D Yuhong Qiu said Legend continues to see a role for allogeneic therapies and expects to provide future updates on its LUCAR-G39D program.

Financial Results, Margins and Cash Position Chief Financial Officer Carlos Santos said total revenue increased 52% year over year, while operating margin improved to positive 15% from negative 9% in the prior-year period. He said revenue has grown at a 74% compound annual growth rate since the second quarter of 2023, while operating margin has improved from negative 142% over that span.

Gross margin on net product sales was 58% in the second quarter, compared with 41% in the first quarter. Santos said the first-quarter figure had been affected by one-time manufacturing-expansion costs that were reversed in the second quarter, along with other one-time favorability.

Management expects gross margin on net product sales to fall into the lower-50% range in the third quarter before rebounding to the mid-50% range in the fourth quarter. Santos said a growing outpatient mix, which is approaching 60% of total volume, introduces different margin dynamics. Over time, the company expects manufacturing scale and utilization to support gross margins of about 75%.

Research and development expense declined 2% year over year as costs from later-stage BCMA frontline studies declined, partly offset by increased investment in in vivo assets. Selling, general and administrative expense increased 19%, primarily reflecting investments supporting CARVYKTI’s position in BCMA CAR-T markets. Income tax expense was $22.3 million, compared with about $600,000 a year earlier, reflecting higher taxable income in the U.S., Belgium and China. Santos said Legend expects its tax rate to be in the high-20% range over the next several quarters, although the company is still negotiating a unilateral advanced pricing agreement with Chinese tax authorities.

As of June 30, Legend held approximately $965 million in cash equivalents and time deposits and had no long-term debt. The balance included about $212 million in net proceeds from a June public equity offering.

Management described the financing as opportunistic following the LB2501 data release and said the proceeds provide flexibility to accelerate development of the in vivo platform. The company also expects to fully settle a roughly $300 million loan obligation to Johnson & Johnson, including accrued interest, during 2026 through a combination of cash payments and collaboration-profit recoupments.

Legend maintained its objectives of sequential CAR-T growth through the rest of 2026, adjusted-net-income profitability in the second half, a fourth-quarter IND filing for LB2501 and additional in vivo data presentations at future medical meetings.

About Legend Biotech (NASDAQ:LEGN)Legend Biotech NASDAQ: LEGN is a commercial-stage biopharmaceutical company specializing in the development and commercialization of chimeric antigen receptor T-cell (CAR-T) therapies for oncology. Headquartered in Somerset, New Jersey, with research and development operations in Shanghai, the company leverages a global infrastructure to advance innovative cellular therapies. Legend Biotech pursues a strategy of strategic collaboration to extend its reach, most notably through its partnership with Janssen Biotech, a subsidiary of Johnson & Johnson.

The company's lead asset, ciltacabtagene autoleucel (commercially marketed as Carvykti), is a B-cell maturation antigen (BCMA)–directed CAR-T therapy for the treatment of relapsed or refractory multiple myeloma.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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