Welcome to our dedicated page for Atara Biotherape news (Ticker: ATRA), a resource for investors and traders seeking the latest updates and insights on Atara Biotherape stock.
News about Atara Biotherapeutics, Inc. (NASDAQ: ATRA) centers on its development of allogeneic T-cell immunotherapies and the regulatory and business milestones associated with its Epstein-Barr virus (EBV)-specific platform. Atara describes itself as a leader in T-cell immunotherapy, focused on off-the-shelf cell therapies for difficult-to-treat cancers and autoimmune conditions, with headquarters in Southern California. Much of the company’s recent news flow has highlighted progress and challenges around tabelecleucel (tab-cel or EBVALLO), its EBV-specific T-cell therapy for Epstein-Barr virus positive post-transplant lymphoproliferative disease (EBV+ PTLD).
Investors following ATRA news can expect updates on FDA interactions, including Biologics License Application (BLA) submissions, Priority Review status, Prescription Drug User Fee Act (PDUFA) target action dates, and Complete Response Letters. Releases have detailed how Atara and its partner Pierre Fabre Laboratories addressed Good Manufacturing Practice (GMP) observations, transferred the tabelecleucel IND and BLA, and responded to evolving FDA positions on the adequacy of the pivotal ALLELE study for accelerated approval.
Company news also covers financial results and corporate restructuring, such as quarterly earnings releases, changes in research and development and general and administrative expenses, workforce reductions, lease amendments, and the impact of tabelecleucel-related milestone payments and commercialization revenue. In addition, Atara has issued updates on its strategic alternatives review, describing potential transactions it may consider to maximize shareholder value.
For readers tracking ATRA, this news stream provides insight into Atara’s clinical and regulatory trajectory, its partnership with Pierre Fabre Laboratories on tabelecleucel/EBVALLO, and the company’s evolving cost structure and strategic direction. Regularly reviewing these updates can help contextualize movements in ATRA stock and developments in the EBV-focused cell therapy space.
Atara Biotherapeutics (Nasdaq: ATRA) has announced a $36 million registered direct offering of common stock and pre-funded warrants. The offering, priced at $8.25 per share, represents a 15% premium to Atara's 7-day volume-weighted average price. Participants include existing top institutional investors and a new strategic investor from a large public biotechnology company. The proceeds will extend Atara's cash runway into 2027, supporting the U.S. BLA approval for tab-cel® and advancement of ATA3219. Greg Ciongoli, founder of Adiumentum Capital Management, will join Atara's Board of Directors. The offering is expected to close around September 5, 2024, subject to customary conditions.
Atara Biotherapeutics (Nasdaq: ATRA) reported Q2 2024 financial results and operational progress. Key highlights include:
1. Tab-cel® U.S. BLA accepted under Priority Review with PDUFA date of January 15, 2025.
2. ATA3219 studies in Lupus Nephritis and Severe Systemic Lupus Erythematosus to start Q4 2024; initial data expected mid-2025.
3. ATA3219 Non-Hodgkin's Lymphoma study enrolling; initial data expected Q1 2025.
4. Leadership changes: Pascal Touchon to become Chairman, Cokey Nguyen to be appointed President and CEO effective September 9, 2024.
5. Q2 2024 revenues: $28.6 million; net loss: $19.0 million ($3.10 per share).
6. Cash runway extended into 2027, enabling key pipeline readouts.
Atara Biotherapeutics (Nasdaq: ATRA), a leader in T-cell immunotherapy, has announced its participation in the Canaccord Genuity 44th Annual Growth Conference. The event is scheduled for August 14, 2024, at 8:30 a.m. PDT / 11:30 a.m. EDT.
Pascal Touchon, President and CEO, and Dr. Cokey Nguyen, Executive VP and Chief Scientific & Technical Officer, will represent the company. Atara specializes in developing transformative therapies for cancer and autoimmune diseases using its novel allogeneic Epstein-Barr virus (EBV) T-cell platform.
A live webcast of the presentation will be available on the Investors and Media section of atarabio.com, with an archived replay accessible for 30 days following the event.
Atara Biotherapeutics (Nasdaq: ATRA) announced that the U.S. FDA has accepted and granted Priority Review for the Biologics License Application (BLA) of tabelecleucel (tab-cel®) for treating Epstein-Barr virus positive post-transplant lymphoproliferative disease (EBV+ PTLD). The PDUFA target action date is set for January 15, 2025. If approved, tab-cel would be the first therapy in the U.S. for this indication.
The BLA acceptance triggers a $20 million milestone payment from Pierre Fabre Laboratories, with an additional $60 million milestone if approved by the FDA. The application is supported by data from over 430 patients, including the pivotal ALLELE study, which showed a statistically significant 48.8% Objective Response Rate. Tab-cel has already received marketing authorization in Europe, the UK, and Switzerland under the brand name Ebvallo™.
Atara Biotherapeutics (Nasdaq: ATRA), a leader in T-cell immunotherapy, announced the grant of 2,200 restricted stock units to a newly hired employee. This grant, approved by Atara's Board of Directors Compensation Committee, falls under the 2018 Inducement Plan in line with Nasdaq Listing Rule 5635(c)(4). The grant date is set for July 1, 2024, with the units vesting over four years. The first 25% will vest on the first quarterly vesting date following the first anniversary of the vesting commencement date. The remaining units will vest quarterly over the next three years, contingent on continuous employment with Atara. This disclosure complies with Nasdaq Listing Rule 5635(c)(4).
Atara Biotherapeutics (Nasdaq: ATRA) will participate in the Stifel Virtual Cell Therapy Forum, showcasing its innovative T-cell immunotherapy platform. Pascal Touchon, CEO, will present a fireside chat on July 9, 2024, at 6:45 a.m. PDT / 9:45 a.m. EDT. The discussion will be available via live webcast on the company's website, with a replay accessible for 30 days post-event. Atara leverages its allogeneic EBV T-cell platform to develop treatments for cancer and autoimmune diseases.
Atara Biotherapeutics announced that its product Ebvallo™ (tabelecleucel or tab-cel®) has won the 2024 Prix Galien International Award for Best Product for Orphan/Rare Diseases. Ebvallo, developed in collaboration with Pierre Fabre Laboratories, is the first and only approved therapy in Europe for adults and children with EBV+ post-transplant lymphoproliferative disease (PTLD). This prestigious award is often compared to the Nobel Prize in biopharmaceutical research.
Ebvallo received European marketing authorization in December 2022, and Atara submitted a Biologics License Application to the U.S. FDA in May 2024. EBV+ PTLD is a rare and potentially fatal condition affecting transplant patients, with poor survival rates for those who have relapsed or are refractory to prior treatments. The award underscores the innovative and potentially life-saving nature of Ebvallo.
Atara Biotherapeutics (Nasdaq: ATRA) announced a 1-for-25 reverse stock split, effective June 20, 2024, to regain Nasdaq compliance and enhance share value. This split reduces the outstanding common stock from 122,606,575 shares to 4,904,263 shares. It does not impact authorized shares or par value. Adjustments will be made to equity awards and incentive plans. Stockholders will automatically see adjustments in their brokerage accounts, while those holding certificates will receive instructions from Computershare Trust Company. Fractional shares will be compensated in cash.
Atara Biotherapeutics (Nasdaq: ATRA), a leader in T-cell immunotherapy, has announced the inducement grant of 9,700 restricted stock units (RSUs) to a newly hired employee. This grant, approved by the Compensation Committee of Atara's Board of Directors and issued under the 2018 Inducement Plan, is in line with Nasdaq Listing Rule 5635(c)(4). The RSUs are set to vest over four years; 25% will vest on the first quarterly vesting date after one year, with the remainder vesting in 12 equal quarterly installments over the next three years, contingent upon continuous employment.
Atara Biotherapeutics (Nasdaq: ATRA), a leader in T-cell immunotherapy, announced participation in the Goldman Sachs 45th Annual Global Healthcare Conference.
CEO Pascal Touchon and EVP Cokey Nguyen will join a fireside chat on June 12, 2024, at 6:20 a.m. PDT / 9:20 a.m. EDT.
The event will be webcast live on Atara’s website, with an archived replay available for 30 days.