GenScript Subsidiary Legend Biotech Achieves Breakthrough with Cilta-cel Approval in China, Offering New Hope for Multiple Myeloma Patients
Rhea-AI Summary
Legend Biotech (NASDAQ: LEGN), a GenScript subsidiary, has received approval from China's NMPA for ciltacabtagene autoleucel (cilta-cel), a CAR-T therapy for relapsed or refractory multiple myeloma. This breakthrough treatment is approved for adult patients who have undergone at least three prior therapies. The approval is based on the CARTIFAN-1 clinical trial, which showed impressive results:
- 87.9% overall response rate
- 79.3% complete or stringent complete response
- 32.56 months median duration of response
- 30.13 months median progression-free survival
This milestone reinforces GenScript's commitment to innovation in cell therapy and strengthens its position in the biotech industry.
Positive
- Approval of cilta-cel in China for relapsed or refractory multiple myeloma
- High overall response rate of 87.9% in clinical trials
- Impressive complete or stringent complete response rate of 79.3%
- Long median duration of response at 32.56 months
- Extended median progression-free survival of 30.13 months
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, LEGN gained 0.69%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cilta-cel is a gene-modified autologous chimeric antigen receptor T cell (CAR-T) therapy targeting B-cell maturation antigen (BCMA). It is administered via intravenous infusion. Cilta-cel features a unique CAR structure composed of two BCMA-targeting, heavy-chain, single-domain antibodies. This design allows cilta-cel to bind the BCMA-expressing myeloma cells, and induce activation and proliferation of T cells to eliminate tumor.
Legend Biotech CEO Ying Huang stated: "The approval of cilta-cel in
Ongoing Commitment to Cell Therapy Market and Innovation Strategy
The approval of cilta-cel is not only a significant milestone of GenScript and Legend Biotech but also a response of their unwavering commitment to innovation-driven development. Sherry Shao, GenScript's rotating CEO, said, "Innovation has always been at the heart of GenScript's growth strategy. As the global biopharmaceutical field advances rapidly and patient needs deepen, we recognize that only through relentless innovation and unwavering dedication to cell and gene therapy can we drive the industry forward with outstanding products and services. Congratulations to Legend Biotech on its achievements. We are confident that Legend Biotech will continue to lead in cell therapy, exploring new frontiers and delivering groundbreaking innovations to the industry."
The approval is based on the outstanding results of the CARTIFAN-1 (NCT03758417) multi-center confirmatory Phase II clinical trial. This study evaluated the efficacy and safety of cilta-cel in patients with relapsed or refractory multiple myeloma.
Results from a median follow-up of 37.29 months showed that among 58 patients analyzed for efficacy, the overall response rate (ORR) was
Cilta-cel has demonstrated excellent clinical efficacy in trials, offering early and durable responses as well as longer PFS survival benefits in patients who failed multiple prior lines of treatment. This innovative and safe therapy represents a significant benefit for multiple myeloma patients.
This approval of cilta-cel not only highlights the technological strength of Legend Biotech but also enhances the market growth potential of GenScript and reinforces its leading position in the biotech industry. This important progress will lead the way for GenScript to continuously invest and explore in the cell therapy field, accelerate the translation of breakthrough therapies from the lab to clinical practice, and expedite the development and commercialization of innovative drugs and therapies.
With over twenty years of dedicated development and investment in the life science industry and cell and gene therapy, GenScript has built a solid foundation in these areas. GenScript is actively expanding the boundaries of life sciences and strengthening collaborations with global research institutions, medical organizations, and industry partners. By integrating resources and leveraging synergies, GenScript aims to accelerate the rapid development of the biotech industry and provide more and better treatment options for patients worldwide.
About GenScript Biotech Corporation
GenScript Biotech Corporation (HK.1548) is an important technology and service provider in the world for life science R&D and manufacture. Built upon its solid DNA synthesis technology, GenScript Biotech comprises four major business units: a life-science services and products business unit, a biologics contract development and manufacturing organization (CDMO) business unit, an industrial synthetic products business unit, and an integrated global cell therapy company.
GenScript Biotech was founded in
As of June 30, 2024, GenScript Biotech had more than 7,200 employees globally, and 100,000 peer-reviewed journal articles worldwide had cited GenScript Biotech's services and products. In addition, GenScript Biotech owns a number of intellectual property rights, including over 350 patents, over 1000 patent applications and great numbers of know-how secrets.
Driven by the corporate mission of "Make People and Nature Healthier Through Biotechnology", GenScript Biotech strives to become the most trustworthy biotech company in the world.
For more information, please visit GenScript Biotech's official website
https://www.genscript.com
About Legend Biotech
Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases. Headquartered in
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SOURCE GenScript Biotech Corporation