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Cabaletta Bio to Present New and Updated Clinical Data on CABA-201 in Oral and Poster Presentations at ACR Convergence 2024

Key Takeaway: Cabaletta Bio announced it will present new clinical data on CABA-201 at the ACR Convergence 2024. The therapy is being evaluated in ongoing trials for autoimmune diseases, specifically targeting immune-mediated necrotizing myopathy and systemic lupus erythematosus. Presentation details include a safety and efficacy study of CABA-201 and correlative studies, both slated for mid-November 2024. This development highlights Cabaletta's commitment to advancing targeted cell therapies in the field of autoimmune treatment.
Price reaction · baseline $4.02 (2024-09-24 close) · hit after-hours · clean, no other CABA news in the window
day 0 close · peak
-1.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Cabaletta Bio is presenting new and updated clinical data at ACR Convergence 2024.
  • CABA-201 showed potential for durable remission without chronic therapy for autoimmune diseases.
  • The company is focused on developing potentially curative therapies using engineered T cell technologies.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+203%
120-day peak, hindsight
Typical move
9.7%
average across 5 past catalysts
Cash runway
~16 mo
Low dilution risk
Lead asset
CABA-201
Phase 2 · Systemic Sclerosis

Full Press Release Details

PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today announced two presentations at the upcoming American College of Rheumatology (ACR) Convergence 2024, which is being held at the Walter E. Washington Convention Center in Washington, D.C. from November 14-19, 2024. The presentations will feature new and updated clinical data on CABA-201, a 4-1BB-containing fully human CD19-CAR T cell investigational therapy, which is being evaluated in multiple ongoing clinical trials in the RESET™ clinical development program.
Details of the presentations are as follows:
Title: Safety and Efficacy of CABA-201, a Fully Human, Autologous 4-1BB Anti-CD19 CAR T Cell Therapy in Patients with Immune-Mediated Necrotizing Myopathy and Systemic Lupus Erythematosus from the RESET-Myositis™ and RESET-SLE™ Clinical Trials
Abstract ID: 1857177
Date and Time: Sunday, November 17, 2024, 3:30 p.m. – 3:45 p.m. ET
Presenter: David J. Chang, M.D., M.P.H, FACR, Chief Medical Officer, Cabaletta Bio
Poster Presentation:
Title: Correlative Studies of CABA-201, a Fully Human, Autologous 4-1BB Anti-CD19 CAR T Cell Therapy in Patients with Immune-Mediated Necrotizing Myopathy and Systemic Lupus Erythematosus from the RESET-Myositis™ and RESET-SLE™ Clinical Trials
Abstract ID: 1866605
Date and Time: Saturday, November 16, 2024, 10:30 a.m. – 12:30 p.m. ET
Presenter: Daniel Nunez, Ph.D., Director, Computational Biology at Cabaletta Bio
Additional information, including the accepted abstracts, can be accessed on the ACR Convergence 2024 website. Presentation materials will be made available on the Posters & Publications section of the Company’s website following the event.
CABA-201 is designed to deeply and transiently deplete CD19-positive cells following a one-time infusion, which may enable an “immune system reset” with the potential for durable remission without chronic therapy in patients with autoimmune diseases. Cabaletta is evaluating CABA-201 in multiple autoimmune conditions within five disease-specific company sponsored INDs including myositis (idiopathic inflammatory myopathy, or IIM), systemic lupus erythematosus (SLE), systemic sclerosis (SSc), generalized myasthenia gravis (gMG), and pemphigus vulgaris (PV; a sub-study to evaluate CABA-201 without preconditioning).
Cabaletta Bio (Nasdaq: CABA) is a clinical-stage biotechnology company focused on the discovery and development of engineered T cell therapies that have the potential to provide a deep and durable, perhaps curative, treatment for patients with autoimmune diseases. The CABA™ platform encompasses two strategies: the CARTA (chimeric antigen receptor T cells for autoimmunity) strategy, with CABA-201, a 4-1BB-containing fully human CD19-CAR T, as the lead product candidate being evaluated in the RESET™ (REstoring SElf-Tolerance) clinical trials in myositis, systemic lupus erythematosus, systemic sclerosis, generalized myasthenia gravis and in the RESET-PV™ sub-study within the DesCAARTes™ clinical trial in pemphigus vulgaris, along with the CAART (chimeric autoantibody receptor T cells) strategy, with multiple clinical-stage candidates, including DSG3-CAART for mucosal pemphigus vulgaris and MuSK-CAART for MuSK-associated myasthenia gravis. The expanding CABA™ platform is designed to develop potentially curative therapies that offer deep and durable responses for patients with a broad range of autoimmune diseases. Cabaletta Bio’s headquarters and labs are located in Philadelphia, PA.

Frequently Asked Questions

What is CABA-201?

CABA-201 is a fully human, autologous 4-1BB anti-CD19 CAR T cell therapy.

When will Cabaletta present at ACR Convergence 2024?

Cabaletta will present on November 16 and 17, 2024, at the event.

What diseases is CABA-201 being evaluated for?

CABA-201 is evaluated for myositis, lupus, sclerosis, myasthenia gravis, and pemphigus.

Who is presenting CABA-201's findings?

David J. Chang, M.D., M.P.H, will present safety and efficacy findings.

Where can I find more information about the presentations?

More details are available on the ACR Convergence 2024 website.

Last updated: Sep 25, 2024