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Caribou Biosciences to Present Preclinical Data on CB-011, an Immune-Cloaked Allogeneic Anti-BCMA CAR-T Cell Therapy, at the American Association for Cancer Research (AACR) Annual Meeting

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Caribou Biosciences (NASDAQ: CRBU) announced preclinical data for its allogeneic anti-BCMA CAR-T cell therapy, CB-011, targeting relapsed or refractory multiple myeloma. The data will be showcased at the AACR Annual Meeting 2022, set for April 8-13, 2022, in New Orleans. CB-011 utilizes Cas12a chRDNA technology to prevent immune rejection, focusing on manufacturing an IND application by 2022. The presentation details include the title, presenter, and time, with registered attendees able to access the content online after April 8. Caribou continues advancing its CRISPR-based therapies.

Positive
  • Preclinical data for CB-011 to be presented at AACR Annual Meeting 2022.
  • CB-011 employs innovative immune cloaking technology to prevent rejection.
  • Plans for IND application submission in 2022 for CB-011.
Negative
  • None.

BERKELEY, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced that preclinical data from CB-011, its allogeneic anti-BCMA CAR-T cell therapy for the treatment of relapsed or refractory multiple myeloma (r/r MM), will be presented as a poster at the upcoming American Association for Cancer Research (AACR) Annual Meeting 2022, held April 8-13, 2022 in New Orleans.

CB-011 is the first allogeneic CAR-T cell therapy immune-cloaked to prevent both T- and NK-mediated immune cell rejection. This allogeneic anti-BCMA CAR-T cell therapy is engineered using Cas12a chRDNA technology to insert a BCMA-specific CAR into the TRAC gene and armor the cells with an immune cloaking strategy that includes a knockout of the endogenous B2M gene and site-specific insertion of a B2M–HLA-E fusion transgene into the B2M gene. Caribou is conducting Investigational New Drug (IND)-enabling studies to support a planned IND application submission in 2022 for CB-011 in r/r MM.

Details of the poster presentation are as follows:

Title: A BCMA-specific allogeneic CAR-T cell therapy (CB-011) genome-engineered to express an HLA-E fusion transgene to prevent immune cell rejection
Presenter: Émilie Degagné, Ph.D., Senior Scientist I
Date and Time: Sunday, April 10, 2022, 1:30 – 5:00 pm CT
Location: New Orleans Convention Center
Presentations and posters will be available for registered attendees for on-demand viewing on the AACR website on April 8, 2022 after 1:00 pm ET.

About Caribou’s Novel Next-Generation CRISPR Platform
CRISPR genome editing uses easily designed, modular biological tools to make DNA changes in living cells. There are two basic components of Type II and Type V CRISPR systems: the nuclease protein that cuts DNA and the RNA molecule(s) that guide the nuclease to generate a site-specific, double-stranded break, leading to an edit at the targeted genomic site. CRISPR systems occasionally edit unintended genomic sites, known as off-target editing, which may lead to harmful effects on cellular function and phenotype. In response to this challenge, Caribou has developed chRDNAs (pronounced “chardonnays”), RNA-DNA hybrid guides that direct substantially more precise genome editing compared to all-RNA guides. Caribou is deploying the power of its Cas12a chRDNA technology to carry out high efficiency multiple edits, including multiplex gene insertions, to develop CRISPR-edited therapies.

About Caribou Biosciences, Inc.
Caribou Biosciences is a clinical-stage CRISPR genome-editing biopharmaceutical company dedicated to developing transformative therapies for patients with devastating diseases. The company’s genome-editing platform, including its proprietary Cas12a chRDNA technology, enables superior precision to develop cell therapies that are specifically engineered for enhanced persistence. Caribou is advancing a pipeline of off-the-shelf CAR-T and CAR-NK cell therapies for the treatment of patients with hematologic malignancies and solid tumors.
Follow us @CaribouBio and visit www.cariboubio.com.
“Caribou Biosciences” and the Caribou logo are registered trademarks of Caribou Biosciences, Inc.

Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements related to Caribou’s strategy, plans and objectives, and expectations regarding its clinical and preclinical development programs, including its timing expectations regarding the foregoing including future IND application submissions. Management believes that these forward-looking statements are reasonable as and when made. However, such forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation the risks inherent in drug development such as those associated with the initiation, cost, timing, progress and results of current and future research and development programs, preclinical studies, and clinical trials, as well as other risk factors described from time to time in Caribou’s filings with the Securities and Exchange Commission, including its final prospectus filed on July 23, 2021. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, Caribou undertakes no obligation to update publicly any forward-looking statements for any reason.

Caribou Biosciences, Inc.
Contacts:
Amy Figueroa, CFA
Investor Relations and Corporate
Communications
afigueroa@cariboubio.com
 
Investors:
Elizabeth Wolffe, Ph.D., and Sylvia Wheeler
Wheelhouse LSA
lwolffe@wheelhouselsa.com
swheeler@wheelhouselsa.com
 
Media:
Greg Kelley
Ogilvy
gregory.kelley@ogilvy.com
617-461-4023

FAQ

What is the focus of Caribou Biosciences' CB-011 therapy?

CB-011 is focused on treating relapsed or refractory multiple myeloma using allogeneic CAR-T cell therapy.

When will the preclinical data for CB-011 be presented?

The preclinical data will be presented on April 10, 2022, at the AACR Annual Meeting.

What technology does Caribou use for its CB-011 therapy?

Caribou utilizes Cas12a chRDNA technology for its CB-011 therapy to enhance immune rejection prevention.

What are the next steps for CB-011 following the data presentation?

Caribou plans to submit an IND application for CB-011 in 2022.

Where can I find the poster presentation for CB-011?

The poster presentation will be available for on-demand viewing on the AACR website starting April 8, 2022.

Caribou Biosciences, Inc.

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