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Legend Biotech Expands Scientific Advisory Expertise to Inform Future Growth

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Legend Biotech (NASDAQ: LEGN) announced on May 4, 2026 the engagement of a group of scientific advisors to guide its cell therapy pipeline and research priorities. The advisors bring expertise in oncology, immunology, development, and manufacturing to inform translational research, clinical development, and manufacturing strategy.

The panel aims to support Legend's evolution toward a diversified, next-generation cell therapy pipeline focused on areas of high unmet medical need and expanding patient access.

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News Market Reaction – LEGN

+12.34%
78 alerts
+12.34% Session close to close
+22.6% Peak in 21 hr 20 min
$5.62B Market Cap
1.4x Rel. Volume

In the May 4 session, LEGN gained 12.34%, reflecting a significant positive market reaction. Argus tracked a peak move of +22.6% during that session. Our momentum scanner triggered 78 alerts that day, indicating high trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +12.3% in the session following this news. A strong positive reaction aligns with t...
Analysis

The stock surged +12.3% in the session following this news. A strong positive reaction aligns with the company’s strategy of building a next-generation cell therapy platform. Recent history shows that positive commercial and financial updates, such as the March 10, 2026 earnings release with CARVYKTI growth, were followed by gains, while some clinically favorable data on January 21, 2026 preceded a -11.36% move. Investors could weigh whether advisory appointments meaningfully change the long-term trajectory or echo prior announcements that saw mixed durability.

Historical Context

5 past events · Latest: Apr 28 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 28 Earnings call scheduling Neutral -0.4% Scheduled Q1 2026 results investor call and webcast details.
Mar 10 Earnings results Positive +2.2% Reported strong CARVYKTI Q4 and 2025 sales and franchise profitability.
Feb 24 Earnings call scheduling Neutral -1.3% Announced timing and access details for Q4 and FY 2025 call.
Jan 21 Clinical data update Positive -11.4% Tandem Meeting CARVYKTI data showing durable efficacy and survival gains.
Jan 12 Business update Positive +0.4% J.P. Morgan conference update on CARVYKTI commercialization and pipeline plans.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Most prior news with positive or neutral tone aligned with share moves, but a notable divergence occurred on strong CARVYKTI data, which was followed by a sharp decline.

Recent Company History

Over the last few months, Legend Biotech has focused on CARVYKTI commercial progress and financial results. A January 12, 2026 business update highlighted expanding global availability and expectations for profitability. On January 21, 2026, presentations of CARVYKTI data emphasized durable efficacy and survival gains but were followed by a -11.36% move. Q4 and full-year 2025 results released on March 10, 2026 showed strong CARVYKTI sales and a 2.19% positive reaction. Today’s advisory-board announcement fits into this pattern of building out a next-generation cell therapy platform.

Key Terms

cell therapy, oncology, immunology
3 terms
cell therapy medical
"Leading experts across cell therapy, oncology, and immunology will provide"
Cell therapy uses living human or animal cells as the medicine: cells are collected, sometimes grown or altered, and then given to a patient to repair, replace, or boost damaged tissue or immune function. For investors, cell therapies can transform markets because they may offer one-time or highly effective treatments that command premium prices, but they also carry high development, manufacturing and regulatory costs and commercial risks, like building a custom factory rather than making a simple product.
oncology medical
"Leading experts across cell therapy, oncology, and immunology will provide"
Oncology is the branch of medicine focused on understanding, diagnosing, and treating cancer, including the development and testing of drugs, therapies, and screening methods. It matters to investors because advances, trial results, regulatory approvals, or setbacks in cancer research can dramatically change the value of companies and the size of potential markets—think of oncology news as weather reports that help investors steer financial decisions in a high-stakes field.
immunology medical
"Leading experts across cell therapy, oncology, and immunology will provide"
Immunology is the study of the body’s defense system—how cells and molecules detect and fight infections, cancers and other threats, much like a building’s security system that spots intruders and sounds alarms. For investors, advances or setbacks in immunology matter because they drive the development, approval and market potential of vaccines, cancer therapies and diagnostics, affecting revenue prospects, regulatory risk and company valuations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Leading experts across cell therapy, oncology, and immunology will provide strategic input as Legend advances and expands beyond its current portfolio

SOMERSET, N.J., May 04, 2026 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced the engagement with a group of distinguished scientific advisors who will provide strategic input as Legend advances its pipeline and future research priorities.

The advisors, who include Renier Brentjens, M.D., Ph.D., Spencer Fisk, Carl June, M.D., Maximilian F. Konig, M.D., Anthony Polverino, Ph.D., and Georg Schett, M.D., bring deep expertise spanning oncology, immunology, development, and manufacturing of cell-based therapies.

“These advisors bring an exceptional breadth of experience that will help guide our scientific priorities and identify new opportunities for innovation,” said Ying Huang, Ph.D., Chief Executive Officer of Legend Biotech. “As we look to advance and expand beyond our current portfolio, their perspectives will help shape our long-term scientific direction as we build a diversified, next-generation cell therapy pipeline focused on areas of high unmet need.”

Through ongoing engagement, these advisors will contribute their perspectives across emerging science, translational research, clinical development, and manufacturing priorities, including the identification of future areas of unmet need.

Collectively, these advisors reinforce the evolution of Legend Biotech as an end-to-end cell therapy company and the advancement of a next-generation pipeline with the potential to expand patient access and unlock new therapeutic possibilities.

About the Advisors

  • Renier Brentjens, M.D., Ph.D. – A pioneer in CAR-T cell therapy, Dr. Brentjens serves as Deputy Director and Chair of the Department of Medicine at Roswell Park Comprehensive Cancer Center. He pioneered the early clinical development of CD19-directed CAR-T cell therapies, developed armored CAR-T cells to overcome the tumor microenvironment, and is actively exploring preclinical and clinical work advancing CAR-Ts against solid tumor antigens. Recently, Dr. Brentjens was named a recipient of the Warren Alpert Foundation Prize for his pioneering applications of CAR-T cell therapy.
  • Spencer Fisk – A seasoned CMC and technical operations leader, Mr. Fisk currently serves as Chief Technology & Quality Officer at Ottimo Pharma. At Novartis, he initiated CMC development and later led the manufacturing readiness for the approval and global commercial launch of the first FDA-approved CAR-T cell therapy for acute lymphoblastic leukemia (ALL). He brings more than 35 years of industry experience from Merck, Genentech, and other leading and innovative biopharmaceutical organizations.
  • Carl June, M.D. – A globally recognized immunologist and pioneer of CAR-T therapy, Dr. June led the development of the first U.S. Food and Drug Administration (FDA)-approved CAR-T therapy and co-founded several biotech companies. He is Director of the Center for Cellular Immunotherapies at the University of Pennsylvania and Director of the Parker Institute for Cancer Immunotherapy. Dr. June’s lab studies various mechanisms of lymphocyte activation related to immune tolerance and adoptive immunotherapy for cancer and chronic infection.
  • Maximilian F. Konig, M.D. – A physician-scientist, Director of the Cellular Therapy Program (Autoimmunity), and Co-Director of the Center for Autoimmunity and Immuno-Oncology at Johns Hopkins University, Dr. Konig specializes in rheumatology and immunology. His lab pioneers the development of antigen-specific and precision immunotherapy platforms for autoimmune diseases. He is also the scientific co-founder of Winnow Therapeutics.
  • Anthony Polverino, Ph.D. – A veteran R&D leader in oncology and immunology, Dr. Polverino previously served as Chief Scientific Officer at Zymeworks and Kite Pharma, where he contributed to the approval of a CD19-targeted CAR-T cell therapy. He brings more than two decades of research leadership experience from Amgen and other biopharmaceutical organizations.
  • Georg Schett, M.D. – A leading rheumatologist and immunologist, Dr. Schett serves as Professor of Internal Medicine, Head of the Department of Medicine 3 - Rheumatology and Immunology at Uniklinikum Erlangen and Vice President of Research at Friedrich-Alexander-Universität Erlangen-Nürnberg. He pioneered the application of CD19-directed CAR-T therapy in autoimmune diseases, including early clinical studies demonstrating drug-free remission in patients with severe lupus.

About Legend Biotech
With over 3,000 employees, Legend Biotech is the largest standalone cell therapy company and a pioneer in treatments that change cancer care forever. Legend Biotech is at the forefront of the CAR-T cell therapy revolution with CARVYKTI®, a one-time treatment for relapsed or refractory multiple myeloma, which it develops and markets with collaborator Johnson & Johnson. Centered in the United States, Legend Biotech is building an end-to-end cell therapy company by expanding its leadership to maximize CARVYKTI® patient access and therapeutic potential. From this platform, Legend Biotech plans to drive future innovation across its pipeline of cutting-edge cell therapy modalities.

Learn more at https://legendbiotech.com and follow us on X and LinkedIn.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to Legend Biotech’s strategies and objectives, and the advancement of its pipeline and product portfolio. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Legend Biotech’s expectations could be affected by, among other things, uncertainties involved in the development of new pharmaceutical products; unexpected clinical trial results, including as a result of additional analysis of existing clinical data or unexpected new clinical data; unexpected regulatory actions or delays, including requests for additional safety and/or efficacy data or analysis of data, or government regulation generally; unexpected delays as a result of actions undertaken, or failures to act, by our third-party partners; uncertainties arising from challenges to Legend Biotech’s patent or other proprietary intellectual property protection, including the uncertainties involved in the U.S. litigation process; government, industry, and general product pricing and other political pressures; as well as the other factors discussed in the “Risk Factors” section of Legend Biotech’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 10, 2026. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this press release as anticipated, believed, estimated, or expected. Any forward-looking statements contained in this press release speak only as of the date of this press release. Legend Biotech specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

INVESTOR CONTACT:
Jessie Yeung
Tel: (732) 956-8271
investor@legendbiotech.com

PRESS CONTACT:
Kim Fox
Tel: (848) 388-8445
media@legendbiotech.com


FAQ

Who are the new scientific advisors for Legend Biotech (LEGN) announced May 4, 2026?

The advisory group includes Renier Brentjens, Spencer Fisk, Carl June, Maximilian F. Konig, Anthony Polverino, and Georg Schett. According to Legend Biotech, they offer expertise across oncology, immunology, development, and cell therapy manufacturing to guide pipeline priorities.

What will the Legend Biotech (LEGN) scientific advisors do for the company's pipeline?

They will provide strategic input on emerging science, translational research, clinical development, and manufacturing priorities. According to Legend Biotech, advisors will help identify future unmet needs and inform long-term scientific direction for next-generation cell therapies.

Does the May 4, 2026 Legend Biotech (LEGN) announcement change clinical programs or timelines?

No specific program changes or timeline updates were announced in this release. According to Legend Biotech, the engagement is intended to guide research priorities rather than announce discrete clinical milestones or altered timelines.

How might Legend Biotech's (LEGN) new advisors affect patient access or commercialization plans?

The advisors are expected to inform strategies that could expand patient access and therapeutic possibilities. According to Legend Biotech, their input will shape translational and manufacturing priorities that may support broader development and access efforts over time.

Is Legend Biotech (LEGN) adding funding or partnerships as part of the May 4, 2026 advisory appointment?

The announcement did not disclose new funding, deals, or binding partnerships alongside the advisory appointments. According to Legend Biotech, the engagement focuses on scientific guidance across research, clinical development, and manufacturing priorities.