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Lyell Immunopharma, Inc. - LYEL STOCK NEWS

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

Lyell Immunopharma, Inc. (Nasdaq: LYEL) is a clinical-stage company pioneering T-cell reprogramming to create cell therapies for patients with solid tumors. By employing advanced genetic and epigenetic technologies, Lyell aims to overcome major challenges in current cell-based immunotherapies, including T-cell exhaustion and lack of durable stemness. Their innovative approach has led to a robust pipeline featuring product candidates like LYL797, LYL119, and LYL845.

Lyell's product portfolio is designed to address the unmet needs in cancer treatment. LYL797 targets ROR1-positive cancers such as triple-negative breast cancer and non-small cell lung cancer, incorporating genetic reprogramming to overexpress c-Jun and epigenetic reprogramming for enhanced durability. LYL119 is another ROR1-targeted CAR T-cell therapy that uses four reprogramming technologies for sustained function and cytotoxicity. LYL845, a tumor-infiltrating lymphocyte (TIL) product, is enhanced with Lyell's proprietary Epi-R™ protocol to improve potency and durability.

Recent achievements include the FDA granting Orphan Drug Designation for LYL845 in advanced melanoma. The company's innovative Epi-R P2 manufacturing process has shown potential to reduce TIL culture time significantly. Lyell is also advancing collaborations, such as with Outpace Bio, to develop localized IL-12 activity in tumors, enhancing the efficacy of T-cell therapies.

Lyell's business strategy has been bolstered by a strong financial position, with cash reserves extending operational capabilities into 2027. Despite macroeconomic challenges, Lyell continues to focus on generating clinical data and advancing its clinical programs, aiming to deliver transformative treatments for cancer patients.

For the latest updates on Lyell Immunopharma, including their financial performance and ongoing clinical trials, visit their official website.

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Lyell Immunopharma (Nasdaq: LYEL) has appointed Lynn Seely, MD, as president & CEO, succeeding Liz Homans, who transitions to a consulting role until June 2024. Dr. Seely brings extensive biopharmaceutical leadership experience, having previously served as CEO of Myovant Sciences, where she successfully launched therapies for cancer and women's health. Under her leadership, Lyell aims to advance its clinical-stage programs and enhance its T-cell reprogramming technologies to improve treatment outcomes for solid tumors.

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Lyell Immunopharma (Nasdaq: LYEL) is set to participate in the BofA Securities 2022 Biotech SMID Cap Conference on December 8, 2022, at 1:40 pm ET. The event will feature members of its senior management team, and a live webcast will be available on the company's website. This opportunity highlights Lyell's commitment to developing curative cell therapies for solid tumors, leveraging proprietary technologies to overcome key barriers in adoptive T-cell therapy. A replay of the webcast will be accessible for 90 days post-event.

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Lyell Immunopharma, Inc. (Nasdaq: LYEL), a clinical-stage T-cell reprogramming company, announced participation in the Barclays Virtual Fireside Chat Series on November 17 at 11 a.m. ET. The event will feature senior management discussing advancements in curative cell therapies for solid tumors. A webcast of the presentation can be accessed on the company's investor relations website, with a replay available for 90 days afterwards. Lyell focuses on overcoming challenges in adoptive T-cell therapy through innovative genetic and epigenetic reprogramming technologies.

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Lyell Immunopharma, Inc. (Nasdaq: LYEL) announced FDA clearance of the IND for LYL845, advancing its TIL product candidate into clinical development. As of September 30, 2022, the company reported cash equivalents of $750.7 million, extending its financial runway into 2026. Revenue dipped to approximately zero in Q3 2022, down from $2.8 million in Q3 2021, reflecting no R&D under the GSK Agreement. The net loss increased to $70.3 million compared to $48.9 million year-over-year. Lyell is expected to present initial data for LYL845 in 2024.

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Lyell Immunopharma (Nasdaq: LYEL) is presenting preclinical research at the 37th Annual Meeting of the Society for Immunotherapy of Cancer, showcasing advancements in T-cell therapies targeting solid tumors. Key highlights include:

  • LYL845 exhibits a 100% expansion success rate using Epi-R technology.
  • Research indicates LYL845 maintains T-cell polyclonality and stem-like properties, enhancing anti-tumor efficacy.
  • Innovative stackable reprogramming technologies are being developed for LYL119 to improve CAR T-cell therapies.

These findings aim to address T-cell exhaustion and enhance treatment outcomes in cancer patients.

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Lyell Immunopharma (Nasdaq: LYEL) announced that its senior management will present at the Credit Suisse 31st Annual Healthcare Conference on November 9, 2022, at 2:00 p.m. ET. The presentation will focus on the company’s innovative T-cell reprogramming technologies aimed at developing curative cell therapies for solid tumors. A live webcast will be available on the company's investor relations website, with a replay accessible for 90 days after the event.

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Lyell Immunopharma has received FDA clearance for its Investigational New Drug (IND) application to initiate a Phase 1 clinical trial for LYL845, a tumor infiltrating lymphocyte (TIL) therapy utilizing Lyell’s proprietary Epi-R technology. This trial will focus on patients with relapsed or refractory melanoma, expanding later to include non-small cell lung cancer and colorectal cancer. Initial data presentation is anticipated in 2024. This marks Lyell's second product candidate to receive IND clearance within the last year, showcasing progress in its mission to develop curative T-cell therapies.

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Lyell Immunopharma (LYEL) announced its participation at the 37th Annual Meeting of the Society for Immunotherapy of Cancer (SITC) with five accepted abstracts highlighting new preclinical data. This data focuses on T-cell reprogramming technologies incorporated in LYL119, an investigational ROR1 targeting CAR T-cell therapy. The findings aim to enhance T cell functionality and combat exhaustion in solid tumors, showcasing Lyell's efforts in advancing its therapeutic pipeline to improve patient outcomes in adoptive cell therapy.

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Lyell Immunopharma, Inc. (Nasdaq: LYEL) announced the appointment of Rahsaan W. Thompson as chief legal officer, enhancing its executive management team. Thompson, an industry veteran with over 20 years of experience in corporate law, previously served at Gritstone bio and Actelion Pharmaceuticals. CEO Liz Homans emphasized Thompson's expertise as a boon for advancing clinical developments targeting solid tumors. Lyell is dedicated to curative cell therapies and is applying innovative reprogramming technologies to improve patient outcomes.

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Lyell Immunopharma (Nasdaq: LYEL) announces the presentation of a poster at the ESMO Congress 2022 on the Phase 1 trial design for LYL797, a CAR T-cell therapy aimed at treating solid tumors. This innovative therapy utilizes Lyell’s Gen-R™ and Epi-R™ technologies to enhance T-cell functionality against challenges like exhaustion. The trial targets patients with advanced solid tumors, including triple-negative breast cancer and non-small cell lung cancer. The poster session occurred on September 12, 2022, in Paris, providing insights into Lyell's commitment to curative cell therapies.

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FAQ

What is the current stock price of Lyell Immunopharma (LYEL)?

The current stock price of Lyell Immunopharma (LYEL) is $0.6127 as of December 20, 2024.

What is the market cap of Lyell Immunopharma (LYEL)?

The market cap of Lyell Immunopharma (LYEL) is approximately 177.3M.

What does Lyell Immunopharma do?

Lyell Immunopharma is a clinical-stage company focusing on T-cell reprogramming to develop cell therapies for patients with solid tumors.

What are Lyell's main product candidates?

Lyell's main product candidates include LYL797, a ROR1-targeted CAR T-cell therapy; LYL119, another ROR1-targeted CAR T-cell product; and LYL845, an enhanced TIL therapy.

What recent achievements has Lyell reported?

Lyell recently received FDA Orphan Drug Designation for LYL845 in advanced melanoma and has advanced collaborations to enhance T-cell therapies.

What technologies does Lyell use in their therapies?

Lyell employs ex vivo genetic and epigenetic reprogramming technologies to tackle barriers like T-cell exhaustion and lack of durable stemness.

What is the financial outlook for Lyell?

As of March 31, 2024, Lyell reported cash reserves sufficient to fund operations into 2027, keeping them focused on advancing their clinical programs.

Where is Lyell Immunopharma located?

Lyell Immunopharma is based in South San Francisco, California, with additional facilities in Seattle and Bothell, Washington.

What is Epi-R™ manufacturing protocol?

Epi-R™ is Lyell's proprietary epigenetic reprogramming protocol designed to enhance the potency and durability of TIL products.

What type of cancers are Lyell's therapies targeting?

Lyell's therapies target a variety of solid tumors, including triple-negative breast cancer, non-small cell lung cancer, and advanced melanoma.

How can I get updates on Lyell Immunopharma's developments?

You can visit their official website at www.lyell.com for the latest updates and detailed information on their projects and clinical trials.

What is Lyell's approach to addressing T-cell exhaustion?

Lyell's approach includes using genetic and epigenetic reprogramming technologies to create T cells with improved durability and ability to resist exhaustion.

Lyell Immunopharma, Inc.

Nasdaq:LYEL

LYEL Rankings

LYEL Stock Data

177.30M
233.13M
14.06%
62.68%
3.44%
Biotechnology
Pharmaceutical Preparations
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United States of America
SOUTH SAN FRANCISCO