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Cabaletta Bio (CABA) Stock News

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Welcome to our dedicated page for Cabaletta Bio news (Ticker: CABA), a resource for investors and traders seeking the latest updates and insights on Cabaletta Bio stock.

Cabaletta Bio, Inc. develops engineered T cell therapies for autoimmune diseases as a late-stage clinical biotechnology company. Its CABA platform includes the CARTA strategy, and its lead investigational therapy, rese-cel (resecabtagene autoleucel), is a fully human CD19-CAR T cell therapy evaluated through the RESET clinical development program across rheumatology, neurology and dermatology.

Recurring company updates cover rese-cel clinical and translational data, trial-program presentations, manufacturing scale-up, and supply arrangements using automated cell-therapy production platforms. News also includes financial results, business updates, conference participation, shareholder voting matters, capital-structure disclosures, and regulatory disclosures tied to Cabaletta Bio’s autoimmune cell-therapy pipeline.

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Cabaletta Bio reported positive initial clinical data from its Phase 1/2 RESET-Myositis and RESET-SLE trials for its investigational therapy, CABA-201.

Key findings include no serious adverse events, no CRS or ICANS, and no infections in either of the first two patients. The therapy showed the expected CAR T cell expansion and contraction with complete B cell depletion by day 15 post-infusion.

Both patients showed improvement in disease measures and were able to discontinue all maintenance therapies, except for a planned steroid taper in one case. The trials indicate a potential immune system reset, with immature, naïve B cell repopulation observed at week 8 in one patient.

The company continues to enroll patients and expects to report more data in the second half of the year. A conference call and webcast are scheduled for June 14, 2024, at 8:00 a.m. ET to discuss these findings.

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Cabaletta Bio, a clinical-stage biotech firm specializing in curative targeted cell therapies for autoimmune diseases, announced its CEO, Steven Nichtberger, will participate in a fireside chat at the Jefferies Global Healthcare Conference on June 5, 2024. The event will be held at 11:00 a.m. ET in New York, NY. A live webcast of the presentation will be accessible on Cabaletta Bio's website, with replays available for 30 days.

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Cabaletta Bio (Nasdaq: CABA) announced its Q1 2024 financial results and provided business updates. Key highlights include the absence of CRS or ICANS in the initial patients treated in the RESET-Myositis and RESET-SLE trials, with clinical data expected at the EULAR 2024 Congress. The company is expanding the CABA-201 trial to dermatology with the RESET-PV sub-study and exploring apheresis-free manufacturing methods. Financially, Cabaletta's R&D expenses rose to $22 million, and G&A expenses increased to $6.1 million. The company holds $223.8 million in cash and investments, projected to fund operations into 2026.

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Cabaletta Bio, a clinical-stage biotechnology company, will participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQ. The event is scheduled for May 20, 2024, in New York, NY. The company focuses on developing curative targeted cell therapies for patients with autoimmune diseases.

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FAQ

What is the current stock price of Cabaletta Bio (CABA)?

The current stock price of Cabaletta Bio (CABA) is $3.65 as of May 22, 2026.

What is the market cap of Cabaletta Bio (CABA)?

The market cap of Cabaletta Bio (CABA) is approximately 601.7M.