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Company Statement on Miv-cel's Favorable Safety Profile

Key Takeaway: Kyverna Pharmaceuticals reaffirms the favorable safety profile of miv-cel, its CD19 CAR T-cell therapy, amidst recent third-party reports. The therapy has been administered to over 100 patients, showing no high-grade adverse effects. Kyverna plans to complete its rolling BLA submission for stiff person syndrome by Q4 and aims to finish enrollment for its Phase 3 trial for generalized myasthenia gravis by mid-2027.

Market Sentiment Analysis

POSITIVE FACTORS

  • Miv-cel shows a well-tolerated safety profile.
  • No high-grade CRS or ICANS observed in patients.
  • Clinical data supports its potential for durable remission.
  • Kyverna is on track for BLA submission and advancing trials.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+37%
120-day peak, hindsight
Typical move
5%
average across 6 past catalysts
Cash runway
~14 mo
Low dilution risk
Lead asset
KYV-101 anti-CD19 CAR-T cell therapy
Phase 1 · Multiple Sclerosis

Full Press Release Details

In the context of recent third-party reports, Kyverna reaffirms the consistent and well-tolerated safety profile of miv-cel, our fully human CD19 CAR T-cell therapy incorporating a CD28 costimulatory domain. Miv-cel has a distinct construct design and is produced using a well-established, validated manufacturing process.
Clinical data generated across multiple neurologic autoimmune indications, including stiff person syndrome (SPS), generalized myasthenia gravis (gMG) and progressive multiple sclerosis (PMS), continue to highlight miv-cel's compelling clinical profile. Miv-cel is uniquely designed for potency and tolerability with the potential to deliver durable, drug-free, disease-free remission for patients.
To date, more than 100 patients have been treated with miv-cel across a range of autoimmune diseases, and the clinical data demonstrates a consistent and well-tolerated safety profile. Importantly, we have not observed any high-grade cytokine release syndrome (CRS) or immune effector cell-associated neurotoxicity syndrome (ICANS), nor have we experienced any safety findings that would lead us to pause or halt any of our clinical programs.
Our focus continues to be on the patients in our trials and delivering transformative therapies to the many people living with severe autoimmune diseases who face significant physical, emotional and daily life burdens despite currently available treatment options. We remain on track to complete our rolling BLA submission for SPS in the fourth quarter of this year while we continue to advance our Phase 3 trial for gMG towards enrollment completion by mid-2027.
Forward-Looking Statements
Statements herein about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words, without limitation, “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 or similar identifying words. Forward-looking statements herein include, without limitation, those related to the safety, potency and tolerability of miv-cel and its potential to deliver durable, drug-free, disease-free remission for patients; Kyverna’s rolling BLA SPS submission and the expected timeline for completion thereof and Kyverna’s Phase 3 trial for gMG and the status and timing of enrollment in such trial. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including uncertainties related to the possibility that results from prior clinical trials, named-patient access activities and preclinical studies may not necessarily be predictive of future results and the possibility that the FDA or other regulatory agencies may require additional trials or studies to support Kyverna’s intended BLA submission; intellectual property rights; and other factors discussed in the “Risk Factors” section of Kyverna’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q that Kyverna has filed or may subsequently file with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in herein are based on the current expectations of Kyverna’s management team and speak only as of the date hereof, and Kyverna specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Frequently Asked Questions

What is miv-cel?

Miv-cel is a fully human CD19 CAR T-cell therapy developed by Kyverna.

What autoimmune diseases does miv-cel target?

Miv-cel targets stiff person syndrome, generalized myasthenia gravis, and progressive multiple sclerosis.

What safety concerns have been reported for miv-cel?

Kyverna has not observed any high-grade cytokine release syndrome or neurotoxicity with miv-cel.

When is the BLA submission for miv-cel expected?

The rolling BLA submission for miv-cel is expected to be completed in Q4 of this year.

What is the status of the Phase 3 trial for gMG?

Kyverna aims to complete enrollment for the Phase 3 trial for generalized myasthenia gravis by mid-2027.

Last updated: Sep 1, 2026