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CRBU Caribou Biosciences Inc

1.62
-0.14 (-7.95%)
Last Updated: 20:53:24
Delayed by 15 minutes
Share Name Share Symbol Market Type
Caribou Biosciences Inc NASDAQ:CRBU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.14 -7.95% 1.62 1.62 1.63 1.79 1.615 1.77 1,566,592 20:53:24

Caribou Biosciences Shares Rise 4.1% as FDA Approves Lymphoma Trial

12/12/2023 11:26pm

Dow Jones News


Caribou Biosciences (NASDAQ:CRBU)
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From Jun 2023 to Jun 2024

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By Ben Glickman

 

Shares of Caribou Biosciences rose after the company's lymphoma trial design was approved by the Food and Drug Administration.

The stock was up 4.1% to $5.88 in after-hours trading following a 1.9% drop at Tuesday's close. Shares are down 10% this year.

The Berkeley, Calif.-based gene-editing pharmaceutical company said it had received feedback from the FDA on its Phase 3 trial for CB-010, a treatment for large B cell lymphoma.

The company plans to initiate its Phase 3 trial by the end of 2024.

The trial design includes platinum-based immunochemotherapy, followed by high-dose chemotherapy and autologous stem cell transplantation.

Chief Executive Rachel Haurwitz said the FDA feedback was "an important step in advancing our lead therapy."

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 12, 2023 18:11 ET (23:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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