STOCK TITAN

Gracell Biotechnologies Inc. - GRCL STOCK NEWS

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

Gracell Biotechnologies Inc. (GRCL) is a global clinical-stage biopharmaceutical company dedicated to the discovery and development of breakthrough cell therapies. The company leverages its pioneering FasTCAR and TruUCAR technology platforms to create a robust clinical-stage pipeline of autologous and allogeneic product candidates. These innovations aim to address significant challenges in conventional CAR-T therapies such as lengthy manufacturing times, suboptimal production quality, high costs, and the lack of effective CAR-T therapies for solid tumors.

One of Gracell's leading developments is GC012F, an autologous CAR-T candidate that dual-targets B cell maturation antigen (BCMA) and CD19. Utilizing the proprietary FasTCAR next-day manufacturing platform, GC012F has shown promise in treating multiple myeloma and other hematological cancers. The candidate is currently undergoing various clinical trials, including a Phase 1b/2 U.S. IND study for relapsed/refractory multiple myeloma and a Phase 1/2 trial for refractory systemic lupus erythematosus set to initiate in 2024.

Gracell’s FasTCAR platform, introduced in 2017, has revolutionized CAR-T cell manufacturing by drastically shortening cell production times from weeks to overnight, reducing patient wait times and the likelihood of disease progression. FasTCAR T-cells appear younger and more proliferative, enhancing their effectiveness in killing cancer cells. The platform has garnered multiple accolades, including the Biotech Innovation category award at the 2022 Fierce Life Sciences Innovation Awards and the Overall Immunology Solution of 2023 by BioTech Breakthrough Awards.

As part of its ongoing efforts, Gracell is also expanding the clinical development of GC012F in early-line multiple myeloma therapies and other indications. The company's recent milestone achievements include receiving its third U.S. IND clearance for GC012F, marking its entry into early-line multiple myeloma treatment. This strategic move aims to address unmet needs and drive improved patient outcomes through GC012F's unique dual-targeting approach and FasTCAR manufacturing capabilities.

Moreover, Gracell recently announced a merger agreement approved by its shareholders, making significant strides in its corporate development. The company intends to delist from the Nasdaq Global Select Market and suspend its SEC reporting obligations, following the merger's effective date on February 22, 2024. For more information, visit www.gracellbio.com or follow @GracellBio on LinkedIn.

Rhea-AI Summary
Gracell Biotechnologies Inc. (NASDAQ: GRCL) wins BioTech Breakthrough’s Overall Immunology Solution of the Year award for FasTCAR-T GC012F, a CAR-T therapy candidate demonstrating positive data in multiple myeloma and B-cell non-Hodgkin’s lymphoma.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.02%
Tags
none
-
Rhea-AI Summary
Gracell Biotechnologies Inc. will present updated results from its clinical investigator-initiated trial of GC012F, a FasTCAR-enabled autologous BCMA and CD19 dual-targeted CAR-T cell therapy, for the treatment of newly diagnosed multiple myeloma (NDMM). The Phase 1 trial is evaluating the safety and efficacy of GC012F in transplant-eligible, high-risk NDMM patients. The updated results, including longer-term follow-up and data from additional patients, will be presented at the 65th American Society of Hematology (ASH) Annual Meeting & Exposition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.65%
Tags
conferences
-
Rhea-AI Summary
Gracell Biotechnologies Inc. announced its participation in four upcoming investor conferences in November. The conferences include Stifel 2023 Healthcare Conference, Jefferies London Healthcare Conference, Piper Sandler 35th Annual Healthcare Conference, and 6th Annual Evercore ISI HealthCONx Conference. Dr. Kevin Xie, the Chief Financial Officer, will be presenting at these conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.65%
Tags
conferences
Rhea-AI Summary
Gracell Biotechnologies Inc. announces preclinical data on their SMART CART™ technology for solid tumors. The technology demonstrates resistance to immunosuppressive tumor microenvironment and maintains long-term proliferation and cytotoxicity. Gracell is launching an investigator-initiated trial targeting Claudin 18.2 positive tumors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.38%
Tags
conferences
-
Rhea-AI Summary
Gracell Biotechnologies Inc. plans to release unaudited financial results for Q3 2023 and provide an update on recent developments on November 13, 2023. The company is a global clinical-stage biopharmaceutical company focused on developing cell therapies for cancer and autoimmune diseases. A live audio webcast and conference call will be held at 8:00 AM Eastern Time. Conference call and webcast details can be found on the company's website. A replay of the webcast will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
conferences earnings
-
Rhea-AI Summary
Gracell Biotechnologies presents updated results for GC012F at International Myeloma Society Annual Meeting. 100% of patients achieved MRD- sCR. Overall response rate and safety profile were favorable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
Tags
Rhea-AI Summary
Gracell Biotechnologies announces dosing of first patient in Phase 1b/2 clinical trial for GC012F in relapsed or refractory multiple myeloma (RRMM)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
Tags
-
Rhea-AI Summary
Gracell Biotechnologies Founder, Chairman, and CEO, Dr. William Cao, has been named to the PharmaVoice 100, recognizing inspiring leaders in the life-sciences industry. Dr. Cao's leadership has led to the development of a pipeline of CAR-T therapies, including the lead candidate GC012F, which has shown promising results in trials for multiple myeloma and non-Hodgkin's lymphoma. Gracell is also initiating trials for the treatment of refractory systemic lupus erythematosus. The company's FasTCAR next-day manufacturing platform was recognized for innovation in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
-
Rhea-AI Summary
Gracell Biotechnologies Inc. (NASDAQ: GRCL) announces participation in upcoming investor conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
Tags
conferences
Rhea-AI Summary
Gracell Biotechnologies to present updated results from Phase 1 trial on GC012F at IMS Annual Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
conferences clinical trial

FAQ

What is the market cap of Gracell Biotechnologies (GRCL)?

The market cap of Gracell Biotechnologies (GRCL) is approximately 989.9M.

What does Gracell Biotechnologies Inc. specialize in?

Gracell Biotechnologies Inc. specializes in the discovery and development of breakthrough cell therapies for cancer and autoimmune diseases.

What are the key technologies developed by Gracell?

Gracell has developed pioneering technologies such as FasTCAR and TruUCAR platforms to address significant challenges in conventional CAR-T therapies.

What is GC012F?

GC012F is an autologous CAR-T therapeutic candidate dual-targeting BCMA and CD19, utilizing Gracell's FasTCAR next-day manufacturing platform.

What recent achievements has Gracell announced?

Gracell recently received its third U.S. IND clearance for GC012F and announced plans to delist from Nasdaq following a shareholder-approved merger.

What is the FasTCAR platform?

FasTCAR is a revolutionary next-day autologous CAR-T cell manufacturing platform designed to enhance treatment effectiveness and reduce costs.

What clinical trials are currently underway for GC012F?

GC012F is being evaluated in various clinical trials, including a Phase 1b/2 U.S. IND study for relapsed/refractory multiple myeloma and upcoming trials for systemic lupus erythematosus.

How does Gracell's FasTCAR technology improve CAR-T therapies?

FasTCAR technology reduces cell production times from weeks to overnight, enhancing cell effectiveness and proliferation in killing cancer cells.

What awards has Gracell’s FasTCAR platform received?

The FasTCAR platform has received the Biotech Innovation category award at the 2022 Fierce Life Sciences Innovation Awards and the Overall Immunology Solution of 2023 by BioTech Breakthrough Awards.

What is the significance of the recent merger agreement for Gracell?

The merger agreement enables Gracell to delist from Nasdaq and suspend SEC reporting obligations, aligning with its strategic corporate development goals.

Where can I find more information about Gracell Biotechnologies?

More information about Gracell Biotechnologies can be found on their website at www.gracellbio.com or by following @GracellBio on LinkedIn.

Gracell Biotechnologies Inc.

Nasdaq:GRCL

GRCL Rankings

GRCL Stock Data

989.87M
165.04M
16.39%
63.11%
1.23%
Biotechnology
Healthcare
Link
China
Suzhou