earnings
confidence high
sentiment positive
materiality 0.85
Arcellx Q3 net loss narrows; anito-cel hits 95% ORR in pivotal study with no neurotoxicity
Arcellx, Inc.
2024-Q3 EPS reported
-$1.13
revenue$92,670,000
- Q3 net loss $25.9M ($39.3M YoY); collaboration revenue $26M from Kite expansion.
- Phase 2 iMMagine-1 (n=58): 95% ORR, 62% CR/sCR, median follow-up 10.3 months; 92% MRD negativity.
- Phase 1 anito-cel: 30.2-month mPFS, median OS not reached at 38.1 months; 100% ORR.
- No delayed neurotoxicity (parkinsonism, cranial nerve palsies) in >140 patients across trials.
- Cash $676.7M funds into 2027; first patients dosed in iMMagine-3 with Kite manufacturing.