What % of your portfolio are you comfortable having in CABA?
Have been averaging down but now 50%+ of my portfolio is in CABA as a result
Is this too much risk?
Have been averaging down but now 50%+ of my portfolio is in CABA as a result
Is this too much risk?
So Happy I did, finally some green. I know we might see red again but these days are worth it. Let’s gooo
$CABA presented very encouraging rese-cel results in myasthenia gravis at the AANEM Annual Meeting, Sept. 29 on Oct. 2.
The headline: 10 of 13 hard-to-treat MG patients had meaningful improvement after ONE infusion of rese-cel while OFF their non-steroid immunomodulatory drugs. Nine of those 10 were also off steroids or tapering them. Chemotherapy preconditioning was administered prior to rese-cel.
The improvement was substantial. Among patients who had not required rescue treatment and had reached each follow-up point, average MG-ADL scores improved 7.4 points at 12 weeks (n=11) and 9.8 points at 24 weeks (n=4). The smaller n=4 simply reflects how many patients had reached 24 weeks with data available at the cutoff.
Safety also looked encouraging as only 2 of 13 had CRS, both low-grade, and no ICANS was reported. Very different safety profile than the 2 big pharma CAR-at trials that were paused.
Still a small early-stage study, but 10 of 13 refractory MG patients improving while off their immunomodulatory drugs after a single infusion is a very encouraging signal for rese-cel.
For investors, the key catalyst now is more patients plus longer follow up. If these results hold up, the $CABA stock price should rocket.
To me anyway, nothing has changed with the upward trajectory of the company and rese-cel and the current share price is a bargain - at or near the 52 week low and an opportunity to add shares cheaply.
The data up to April appears to be quite good. It would be great if only the PC-free data would display properly
We are sooo back, never doubted this stock for a second