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Cullinan Therapeutics to Host Immunology Day to Showcase Promising Initial Clinical Data in Autoimmune Diseases for CLN-978, a CD19 T Cell Engager, and Velinotamig, a BCMA T Cell Engager

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Cullinan Therapeutics (Nasdaq: CGEM) will host an in-person Immunology Day for analysts and institutional investors on June 10, 2026, at 8:30 a.m. ET in New York City.

The event will showcase new and updated clinical data for CLN-978 in systemic lupus erythematosus and rheumatoid arthritis, and velinotamig in treatment‑refractory autoimmune diseases driven by long‑lived plasma cells, including first multi‑dose cohort results and global development plans.

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News Market Reaction – CGEM

+11.71%
32 alerts
+11.71% Session close to close
+12.6% Peak in 23 hr 46 min
$1.03B Market Cap
0.8x Rel. Volume

In the May 26 session, CGEM gained 11.71%, reflecting a significant positive market reaction. Argus tracked a peak move of +12.6% during that session. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with a...
Analysis

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with a pipeline rich in catalysts, including CLN-978 and velinotamig data updates outlined for Immunology Day. Historically, however, several positive clinical headlines were followed by weak price performance, so sustained gains have not been consistent. An effective $200,000,000 ATM and active clinical spend could influence how durable any rally proved around this type of event.

Key Figures

Patients in SLE/RA studies: over 30 patients Net loss: $49.661 million R&D expenses: $42.123 million +5 more
8 metrics
Patients in SLE/RA studies over 30 patients CLN-978 and velinotamig autoimmune trials highlighted for Immunology Day
Net loss $49.661 million Net loss in Q1 2026 per 10-Q
R&D expenses $42.123 million Research and development in Q1 2026
G&A expenses $11.574 million General and administrative in Q1 2026
Cash and equivalents $351.9 million Cash, cash equivalents, and short-term investments at Q1 2026
Long-term investments $41.4 million Additional long-term investments and interest receivable Q1 2026
ATM program size $200.0 million At-the-market equity offering program established in Q1 2026
Zipalertinib PDUFA date February 27, 2027 Target FDA action date for zipalertinib NDA

Previous Clinical trial Reports

5 past events · Latest: May 19 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 19 Orphan drug status Positive -4.7% FDA granted Orphan Drug Designation for CLN-049 in R/R AML.
May 18 Initial CLN-978 data Positive -4.7% Phase 1 CLN-978 RA/SLE data with favorable safety and activity.
Apr 28 NDA acceptance Positive -3.3% FDA accepted zipalertinib NDA with defined PDUFA action date.
Dec 08 ASH CLN-049 data Positive +17.5% Compelling Phase 1 CLN-049 AML efficacy and safety at ASH.
Dec 01 Fast Track status Positive -5.5% FDA Fast Track designation for CLN-049 in R/R AML.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical and regulatory catalysts have frequently been followed by negative short-term moves, with one notable positive reaction to strong CLN-049 efficacy data.

Recent Company History

Over the past six months, Cullinan reported multiple positive clinical and regulatory milestones. These include FDA Fast Track and Orphan Drug Designation for CLN-049, strong Phase 1 AML data presented at ASH on Dec 8, 2025, and FDA acceptance of the zipalertinib NDA with a Feb 27, 2027 PDUFA date. Initial CLN-978 data in RA and SLE also showed encouraging activity. Despite these updates, near-term price reactions around clinical news have often been negative, providing context for today’s Immunology Day announcement.

Key Terms

systemic lupus erythematosus, rheumatoid arthritis, t cell engager, bcma
4 terms
systemic lupus erythematosus medical
"over 30 patients across systemic lupus erythematosus (SLE) and rheumatoid arthritis"
Systemic lupus erythematosus is a chronic autoimmune disease in which the body's immune system mistakenly attacks healthy tissue, causing inflammation that can affect skin, joints, kidneys, heart, lungs and other organs. It matters to investors because disease severity, prevalence, and gaps in effective treatments drive demand for new drugs and diagnostics—think of it as a large, persistent market need where a successful therapy can change patient outcomes and create significant commercial value.
rheumatoid arthritis medical
"over 30 patients across systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA) studies"
A long-term autoimmune disease that causes the immune system to mistakenly attack the lining of joints, leading to pain, swelling, stiffness and progressive joint damage; it can also affect other organs. For investors, it matters because the condition drives sustained demand for treatments, influences clinical trial and regulatory outcomes, and affects healthcare spending and workplace disability—so drug approvals, new therapies or cost shifts can materially change the market value of companies involved.
t cell engager medical
"CLN-978, a CD19 T Cell Engager, and Velinotamig, a BCMA T Cell Engager"
A T cell engager is an engineered protein drug that physically links a patient’s T cell — the immune system’s attack cell — to a diseased cell so the T cell will recognize and kill it. For investors it matters because clinical trial results, manufacturing success and safety profiles determine whether the therapy becomes a widely adopted, high-value treatment or a costly failure; think of it like a matchmaker that must reliably bring soldiers to the right target without triggering friendly fire.
bcma medical
"Velinotamig, a BCMA T Cell Engager"
BCMA (B‑cell maturation antigen) is a protein that sits on the surface of certain cancer cells, especially those from a type of blood cancer, and acts like a visible target for therapies. Investors care because drugs that successfully hit this target—using approaches like engineered immune cells or targeted antibodies—can change treatment options and drive revenue, while trial results, safety, and approval prospects directly affect a company’s valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New and updated clinical data to be presented from over 30 patients across systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA) studies 

Initial data from the first multi-dose cohort of RA study to be presented

Initial data from the first multi-dose cohort of velinotamig study also to be shared

Leading key opinion leaders Dr. Ricardo Grieshaber-Bouyer and Dr. John Tesser to share clinical perspectives

The Company will host the in-person event for analysts and institutional investors on Wednesday, June 10, starting at 8:30 a.m. ET in New York City

CAMBRIDGE, Mass., May 26, 2026 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a clinical-stage biopharmaceutical company accelerating potential first- or best-in-class, high-impact therapies in autoimmune diseases and cancer, today announced that the Company will host an in-person Immunology Day event in New York City for analysts and institutional investors on Wednesday, June 10, 2026, at 8:30 a.m. ET.

“We believe these new clinical data across our immunology portfolio further validate the growing potential of T cell engagers in autoimmune diseases to address underlying disease biology and the significant unmet need that remains for patients,” said Nadim Ahmed, President and CEO of Cullinan Therapeutics. “During our Immunology Day event, we will provide deeper insight into the data, how these data are enabling the next phase of global development, and our broader strategy to drive meaningful value for patients and shareholders with multiple data milestones throughout 2026 and beyond.”

The Company plans to feature the following autoimmune pipeline updates at the event:

  • CLN-978 (CD19xCD3 T cell engager): treatment-refractory moderate to severe SLE and difficult-to-treat RA
    • Single target dose escalation data in SLE and RA, as reported at EULAR 2026 Congress on June 6, 2026
    • Initial data from the first multi-dose cohort of the RA study
    • Next steps in global clinical development
  • Velinotamig (BCMAxCD3 T cell engager): treatment-refractory autoimmune diseases driven by long-lived plasma cells
    • Initial data from the first multi-dose cohort of the Genrix Bio study in China
    • Next steps in global clinical development

The event will feature presentations from company management as well as the following key opinion leaders:

  • Ricardo Grieshaber-Bouyer, MD, PhD, Professor of Clinical Systems Immunology, FAU Erlangen-Nürnberg
  • John Tesser, MD, FACP, FACR, Arizona Arthritis & Rheumatology Associates

The event will be followed by a Q&A session.

Investors and analysts are invited to register to attend in person by emailing Nick Smith, Head of Investor Relations (nsmith@cullinantx.com) or at the event registration page. A live webcast will be available via the events page of the Company’s investor relations website at https://investors.cullinantherapeutics.com/events.

About Cullinan Therapeutics

Cullinan Therapeutics, Inc. (Nasdaq: CGEM) is a biopharmaceutical company developing potential first- or best-in-class, high-impact therapies for autoimmune diseases and cancer. Cullinan pursues promising therapeutic targets while leveraging core expertise in T cell engagers, which are established in oncology and are now advancing into autoimmune diseases. With a clinical-stage pipeline built on a rigorous scientific approach and purposeful innovation, Cullinan is advancing its mission to deliver new standards of care for patients. Learn more about Cullinan at https://cullinantherapeutics.com/, and follow Cullinan on LinkedIn and X.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, express or implied statements regarding the company’s beliefs and expectations regarding: our clinical development plans and timelines for our product candidates, the clinical and therapeutic potential of our product candidates, the strategy of our product candidates, our research and development activities, our plans regarding future data presentations, and other statements that are not historical facts. The words “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “plan,” “potential,” “project,” “pursue,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Any forward-looking statements in this press release are based on management's current expectations and beliefs of future events and are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, the following: uncertainty regarding the timing and results of regulatory submissions; the risk that any INDs, NDAs or other global regulatory submissions we may file with the United States Food and Drug Administration or other global regulatory agencies are not cleared or approved on our expected timelines, or at all; the success of our clinical trials and preclinical studies; the risks related to our ability to protect and maintain our intellectual property position; the risks related to manufacturing, supply, and distribution of our product candidates; the risk that any one or more of our product candidates, including those that are co-developed, will not be successfully developed and commercialized; the risk that the results of preclinical studies or clinical studies will not be predictive of future results in connection with future studies; the effect of changes in global economic conditions, including uncertainties related to international trade policies, tariffs and supply chain dynamics on our business and operations; and the success of any collaboration, partnership, license or similar agreements. These and other important risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in our most recent Annual Report on Form 10-K and subsequent filings with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change, except to the extent required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Moreover, except as required by law, neither the company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements included in this press release. Any forward-looking statement included in this press release speaks only as of the date on which it was made.

Contacts:

Investors
Nick Smith
+1 401.241.3516
nsmith@cullinantx.com

Media
Rose Weldon
+1 215.801.7644
rweldon@cullinantx.com


FAQ

What is Cullinan Therapeutics (NASDAQ: CGEM) Immunology Day on June 10, 2026?

Immunology Day is an in-person event for analysts and institutional investors highlighting Cullinan Therapeutics’ autoimmune pipeline. According to Cullinan, it will be held June 10, 2026, at 8:30 a.m. ET in New York City and include a Q&A session.

Which new clinical data for CLN-978 will Cullinan Therapeutics (CGEM) present at Immunology Day 2026?

Cullinan Therapeutics will present new and updated CLN-978 data in systemic lupus erythematosus and rheumatoid arthritis. According to Cullinan, this includes single target dose escalation results reported at EULAR 2026 and initial data from the first multi-dose cohort of the rheumatoid arthritis study.

What information on velinotamig will be shared by Cullinan Therapeutics (CGEM) during Immunology Day?

Cullinan Therapeutics plans to share initial multi-dose cohort data for velinotamig from the Genrix Bio study in China. According to Cullinan, the event will also cover next steps in velinotamig’s global clinical development in treatment-refractory autoimmune diseases driven by long-lived plasma cells.

How can investors access the Cullinan Therapeutics (CGEM) Immunology Day 2026 presentations?

Investors can attend in person by registering via email or the event page, or join online. According to Cullinan, a live webcast will be available on the company’s investor relations events page for those unable to be onsite.

Who are the key opinion leaders speaking at Cullinan Therapeutics (CGEM) Immunology Day?

The event will feature presentations from Dr. Ricardo Grieshaber-Bouyer and Dr. John Tesser alongside company management. According to Cullinan, these key opinion leaders will share clinical perspectives on CLN-978, velinotamig, and T cell engagers in autoimmune diseases.

What are Cullinan Therapeutics (CGEM) goals for its autoimmune portfolio in 2026 and beyond?

Cullinan aims to use new immunology data to enable the next phase of global development. According to Cullinan, the strategy focuses on T cell engagers, addressing significant unmet needs, and delivering multiple data milestones for patients and shareholders throughout 2026 and beyond.