Allogeneic CAR-T breakthrough sends Caribou shares soaring
Shares in CRISPR genome-editing biopharma company Caribou Biosciences (Nasdaq: CRBU) were worth 37% more at mid-morning Friday than they were at Wednesday’s close.
The reason was a potential scientific breakthrough that could have importance well beyond the Californian company’s share price.
On Thursday, Caribou announced initial results demonstrating a 100% overall response rate (ORR) and 80% complete response rate (CR) in cohort one from its ANTLER Phase I trial for CB-010 in patients with relapsed or refractory B cell non-Hodgkin lymphoma (r/r B-NHL).
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