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Cullinan Therapeutics, Inc. - $CGEM STOCK NEWS

Welcome to our dedicated page for Cullinan Therapeutics news (Ticker: $CGEM), a resource for investors and traders seeking the latest updates and insights on Cullinan Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cullinan Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Cullinan Therapeutics, Inc. (Nasdaq: CGEM) appoints Mary Kay Fenton as Chief Financial Officer, bringing three decades of experience in the biotechnology industry. Fenton will strengthen the company's financial and operational functions, aiming to accelerate growth and enhance shareholder value.

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End-of-Day
7.19%
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management
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Rhea-AI Summary
Cullinan Therapeutics, Inc. (Nasdaq: CGEM) is set to present clinical data from its Phase 1 trial of CLN-619, a novel anti-MICA/B antibody, at the 2024 ASCO Annual Meeting. The data will include results from the dose escalation cohort of CLN-619 in combination with pembrolizumab and updated results from the monotherapy dose escalation cohort in patients with advanced solid tumors. CLN-619 targets stress-induced ligands to activate immune cells and shows potential for synergistic effects when combined with checkpoint inhibitors.
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13.32%
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conferences clinical trial
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Cullinan Therapeutics, formerly Cullinan Oncology, is strategically expanding into autoimmune diseases with a focus on systemic lupus erythematosus. The company's CLN-978 clinical development will target autoimmune diseases, showcasing promising results in B cell depletion and clinical activity. Cullinan Therapeutics will host a virtual investor event on April 16, 2024.
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4.65%
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Cullinan Therapeutics announces an oversubscribed $280 million private placement, extending cash runway into 2028. The financing includes new and existing leading life sciences institutional investors. Cullinan to host a virtual investor event on April 16 at 8:00 am ET.
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4.65%
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Cullinan Oncology, Inc. (Nasdaq: CGEM) reported strong financial results for Q4 and full year 2023. The company received FDA clearance for an IND to evaluate CLN-619 in multiple myeloma, with plans to present clinical data in Q2 2024. They are also exploring the development of CLN-978 for autoimmune disorders. Cash and investments stood at $468.3 million as of December 31, 2023, providing runway into the second half of 2026.
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-0.41%
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Rhea-AI Summary
Cullinan Oncology, Inc. (CGEM) to initiate Phase 1 study of CLN-619 for relapsed or refractory multiple myeloma, marking the first MICA/B antibody clinical study in hematologic malignancies. The FDA has cleared the Investigational New Drug (IND) application for CLN-619, a potential first-in-class humanized IgG1 monoclonal antibody. The company plans to start a Phase 1 trial to evaluate CLN-619 in patients with multiple myeloma.
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Cullinan Oncology, Inc. (CGEM) announces participation in investor conferences to discuss Gynecologic Cancers and financial updates. The Chief Medical Officer and Chief Financial Officer will be presenting at the TD Cowen and Leerink Partners conferences, respectively.
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0.73%
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Rhea-AI Summary
Cullinan Oncology, Inc. (Nasdaq: CGEM) announced that CEO Nadim Ahmed will present at the 42nd Annual J.P. Morgan Healthcare Conference on January 11, 2024. The presentation will be available via live webcast on the company's investor relations website.
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Rhea-AI Sentiment
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0.55%
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conferences
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Rhea-AI Summary
Cullinan Oncology, Inc. (Nasdaq: CGEM) announced the dosing of the first patient with CLN-617 in a Phase 1 clinical trial. CLN-617 is a first-in-class cytokine therapy designed for intratumoral injection, combining human IL-2, IL-12, a collagen binding domain, and a size-enhancing domain. The therapy aims to promote retention of the cytokines in the injected tumor and potentially provide enhanced safety and efficacy. In pre-clinical models, CLN-617 stimulated a broad systemic immune response, leading to the regression of non-injected distal tumors and the generation of a memory T cell response that enhanced long-term survival.
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-3.17%
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Rhea-AI Summary
Cullinan Oncology, Inc. (Nasdaq: CGEM) reported on recent business highlights and financial results for Q3 2023. They expect to provide clinical data updates on three novel targeted oncology programs in 2024 and have a cash and investment position of $482 million as of September 30, 2023, expected to provide runway into the second half of 2026.
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Cullinan Therapeutics, Inc.

Nasdaq:CGEM

CGEM Rankings

CGEM Stock Data

1.26B
25.88M
6.4%
95.24%
3.33%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
CAMBRIDGE

About CGEM

cullinan oncology is focused on investing in and developing a highly diversified portfolio of oncology therapeutics with a unique, cost-efficient business model. sourced from the cullinan dry lab as well as external collaborators, cullinan’s assets are managed by a single, highly experienced team of oncology professionals and drug developers across a lean, capital efficient operating model.