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Carisma Therapeutics Inc - CARM STOCK NEWS

Welcome to our dedicated page for Carisma Therapeutics news (Ticker: CARM), a resource for investors and traders seeking the latest updates and insights on Carisma Therapeutics stock.

About Carisma Therapeutics Inc.

Carisma Therapeutics Inc. (NASDAQ: CARM) is a clinical-stage biopharmaceutical company pioneering the development of transformative immunotherapies through its proprietary chimeric antigen receptor macrophage (CAR-M) and monocyte cell engineering platform. Headquartered in Philadelphia, Pennsylvania, Carisma is at the forefront of advancing next-generation cell therapies to address critical unmet medical needs in oncology, fibrosis, and autoimmune diseases.

Innovative Cell Therapy Platform

Carisma's proprietary platform focuses on engineering macrophages and monocytes, a subgroup of white blood cells critical to both the innate and adaptive immune responses. Unlike traditional CAR-T therapies, which target lymphocytes, Carisma's approach leverages the unique properties of myeloid cells to infiltrate solid tumors, modulate the tumor microenvironment, and address antigen heterogeneity. This innovative platform has enabled the development of both ex vivo (outside the body) and in vivo (inside the body) therapies, positioning the company as a leader in macrophage-based immunotherapy.

Core Therapeutic Areas

  • Oncology: Carisma's lead programs focus on addressing HER2-overexpressing solid tumors through CAR-Macrophage and CAR-Monocyte therapies. These programs aim to overcome the limitations of existing cell therapies by enhancing tumor infiltration, persistence, and manufacturing efficiency.
  • Fibrosis: The company is advancing preclinical programs targeting liver fibrosis, including conditions like metabolic-associated steatohepatitis (MASH). Engineered macrophages in these programs aim to reduce fibrosis and inflammation while restoring key cellular processes.
  • Autoimmune Diseases: Through an expanded collaboration with Moderna, Carisma is exploring the potential of in vivo macrophage engineering to address autoimmune conditions, leveraging its deep expertise in myeloid biology.

Strategic Collaborations

Carisma has established a strategic partnership with Moderna, Inc., combining Carisma's expertise in macrophage engineering with Moderna's mRNA and lipid nanoparticle (LNP) platform. This collaboration has yielded promising in vivo CAR-M candidates targeting oncology and autoimmune diseases, including a development candidate for hepatocellular carcinoma (HCC). These partnerships underscore Carisma's commitment to innovation and scalability.

Market Position and Competitive Edge

In a competitive landscape dominated by CAR-T and other immune cell therapies, Carisma differentiates itself with its focus on macrophages and monocytes. This approach addresses key challenges in treating solid tumors, such as tumor microenvironment immunosuppression and antigen heterogeneity. Additionally, its pivot to in vivo therapies represents a strategic shift toward off-the-shelf solutions, potentially reducing manufacturing complexities and costs.

Operational Focus and Future Outlook

Carisma recently reprioritized its pipeline to focus on high-potential in vivo programs in oncology, fibrosis, and autoimmune diseases. This strategic realignment, coupled with a streamlined workforce, reflects the company's commitment to operational efficiency and long-term innovation. With multiple preclinical and clinical milestones anticipated in the coming years, Carisma is well-positioned to deliver transformative therapies that redefine treatment paradigms.

Conclusion

Carisma Therapeutics Inc. represents a paradigm shift in cell therapy, leveraging macrophage and monocyte engineering to tackle some of the most challenging diseases. Through its innovative platform, strategic collaborations, and focused pipeline, Carisma is poised to make a significant impact in the fields of oncology, fibrosis, and autoimmune diseases, offering hope to patients with limited treatment options.

Rhea-AI Summary
Carisma Therapeutics Inc. (Nasdaq: CARM) will be presenting at several upcoming investor conferences, including the H.C. Wainwright 25th Annual Global Investment Conference and the Baird Global Healthcare Conference 2023.
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Carisma Therapeutics Inc. will present findings from its Phase 1 clinical trial of CT-0508, a CAR-M immunotherapy for HER2 overexpressing cancers, at the 8th Annual CAR-TCR Summit. The trial data supports the safety profile and feasibility of CT-0508, with no dose-limiting toxicities reported. Translational analyses show a correlation between biomarkers and best overall response, providing further evidence of the therapy's mechanism of action.
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Carisma Therapeutics Inc. (Nasdaq: CARM) will present at two healthcare industry conferences in September 2023.
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Carisma Therapeutics Inc. has dosed the first patient in a Phase 1 clinical trial of CT-0508 in combination with KEYTRUDA® for the treatment of HER2-overexpressing solid tumors. The company also nominated an additional oncology target as part of their collaboration with Moderna. Carisma expects its cash, cash equivalents, and marketable securities of $117.1 million to fund operations through 2024.
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Carisma Therapeutics reports financial results for Q2 2023 and provides pipeline updates
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Alloy Therapeutics announces expanded leadership to strengthen its drug discovery capabilities and technologies. Michael Schmidt joins as CSO to oversee technical innovation, while Martin Leach is promoted to COO to expand operational excellence. Schmidt brings expertise in antibody discovery and engineering, while Leach has experience in scaling discovery operations and technical teams.
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Carisma Therapeutics has announced the dosing of the first patient in its Phase I clinical trial to test the safety and tolerability of its lead product candidate, CT-0508, in combination with Merck's anti-PD1 therapy KEYTRUDA. Pre-clinical data has shown improved tumor control and overall survival with the combination therapy, indicating synergy. The patient's cells were manufactured at the Novartis Cell Therapy Site in New Jersey.
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FAQ

What is the current stock price of Carisma Therapeutics (CARM)?

The current stock price of Carisma Therapeutics (CARM) is $0.401 as of February 28, 2025.

What is the market cap of Carisma Therapeutics (CARM)?

The market cap of Carisma Therapeutics (CARM) is approximately 17.1M.

What does Carisma Therapeutics specialize in?

Carisma Therapeutics specializes in developing macrophage- and monocyte-based immunotherapies to treat cancer, fibrosis, and autoimmune diseases.

How does Carisma differentiate itself from traditional cell therapy companies?

Carisma focuses on engineering myeloid cells like macrophages and monocytes, which can infiltrate solid tumors and modulate the tumor microenvironment, unlike traditional CAR-T therapies targeting lymphocytes.

What is the significance of Carisma's collaboration with Moderna?

Carisma's partnership with Moderna combines its macrophage engineering expertise with Moderna's mRNA/LNP platform to develop scalable in vivo therapies for oncology and autoimmune diseases.

What are Carisma's key therapeutic areas?

Carisma focuses on oncology (solid tumors), fibrosis (e.g., liver fibrosis and MASH), and autoimmune diseases, leveraging its proprietary cell engineering platform.

What challenges does Carisma address in cancer treatment?

Carisma's therapies aim to overcome challenges like poor tumor infiltration, immunosuppression within the tumor microenvironment, and antigen heterogeneity in solid tumors.

What is the company's approach to fibrosis treatment?

Carisma uses engineered macrophages to target key pathways in liver fibrosis, reducing inflammation and collagen accumulation while restoring cellular processes.

What is the potential of Carisma's in vivo therapies?

In vivo therapies offer scalable, off-the-shelf solutions by engineering immune cells directly within the patient, reducing manufacturing complexities and enhancing accessibility.

What is the significance of Carisma's pivot to in vivo therapies?

The pivot reflects a strategic focus on scalable, next-generation therapies with broad applications in oncology, fibrosis, and autoimmune diseases.

What are the risks associated with Carisma's business model?

Key risks include high R&D costs, regulatory hurdles, and competition in the cell therapy space. However, strategic collaborations and a differentiated platform mitigate some of these risks.

Where is Carisma Therapeutics headquartered?

Carisma Therapeutics is headquartered in Philadelphia, Pennsylvania.
Carisma Therapeutics Inc

Nasdaq:CARM

CARM Rankings

CARM Stock Data

17.12M
28.84M
27.4%
31.45%
1.05%
Biotechnology
Pharmaceutical Preparations
Link
United States
PHILADELPHIA