Welcome to our dedicated page for Celldex Therapeutics news (Ticker: CLDX), a resource for investors and traders seeking the latest updates and insights on Celldex Therapeutics stock.
Celldex Therapeutics (NASDAQ: CLDX) news coverage tracks developments from this clinical-stage biotechnology company focused on antibody therapies targeting mast cell-mediated diseases. As a drug developer in the immunology space, Celldex generates news primarily through clinical trial results, regulatory milestones, and corporate announcements that can significantly impact the stock.
Biotechnology company news differs fundamentally from coverage of revenue-generating businesses. For Celldex, the most consequential updates center on clinical trial data readouts, including efficacy results from studies in chronic urticaria, cold urticaria, symptomatic dermographism, and eosinophilic esophagitis. Phase transitions, patient enrollment updates, and safety data all factor into how investors evaluate the company's prospects.
Beyond clinical developments, Celldex news includes quarterly financial results that detail cash runway and operational expenses, partnership announcements, conference presentations where management discusses pipeline progress, and SEC filings revealing material corporate events. Earnings calls provide management commentary on trial timelines and strategic priorities.
Following Celldex news helps investors understand the company's progression toward potential drug approvals. Clinical-stage biotechnology stocks can experience substantial price movements following data releases, making timely access to company announcements valuable for shareholders monitoring their positions.
Celldex Therapeutics (NASDAQ:CLDX) reported Q2 2025 financial results and pipeline updates. The company's lead drug barzolvolimab demonstrated exceptional results in Phase 2 chronic spontaneous urticaria (CSU) studies, with up to 41% of patients maintaining complete response 7 months after treatment completion.
Financial highlights include $630.3 million in cash reserves (sufficient through 2027), Q2 net loss of $56.6 million ($0.85 per share), and increased R&D expenses of $54.2 million. The company is advancing its global Phase 3 program in CSU with two trials enrolling approximately 915 patients each.
Multiple data readouts are expected in 2H 2025, including results from Phase 2 studies in eosinophilic esophagitis (EoE) and chronic inducible urticaria (CIndU), along with Phase 1 data from CDX-622 in healthy volunteers.
- Two Phase 3 trials (EMBARQ-CSU1 and EMBARQ-CSU2) for chronic spontaneous urticaria are ongoing, each enrolling ~915 patients
- 76-week data from Phase 2 CSU study will be presented at EAACI 2025 in June
- Phase 2 studies in eosinophilic esophagitis (enrollment complete), prurigo nodularis, and atopic dermatitis are progressing
Financial results: Q1 2025 net loss of $53.8M ($0.81/share), cash position of $673.3M. R&D expenses increased to $52.6M from $31.7M YoY. Current cash runway extends through 2027.
Celldex Therapeutics (NASDAQ:CLDX) has announced its upcoming participation in two major investor conferences in March 2025. The company's management will engage in fireside chat presentations at:
- The TD Cowen 45th Annual Health Care Conference on March 4th at 1:50 p.m. ET
- The Leerink Partners Global Healthcare Conference on March 11th at 1:00 p.m. ET
Both presentations will be accessible through live webcasts on the Celldex website's 'Events & Presentations' page under the 'Investors & Media' section. Replay access will remain available for 90 days after each event.
Celldex Therapeutics (NASDAQ:CLDX) has presented positive preclinical data for CDX-622, their novel bispecific antibody targeting inflammatory and fibrotic disorders, at the AAAAI 2025 Annual Meeting. The antibody works by targeting both thymic stromal lymphopoietin (TSLP) and stem cell factor (SCF) pathways.
The preclinical studies demonstrated that CDX-622 effectively neutralizes both SCF and TSLP, reducing tissue mast cells and inhibiting Type 2 inflammatory responses. Key findings show the antibody inhibits inflammatory activities with similar potency to existing treatments, preferentially targets soluble SCF, and demonstrates favorable pharmacokinetic properties.
A Phase 1 study in healthy volunteers, initiated in November, is currently ongoing with initial data expected later in 2025. The compound showed strong safety profile in toxicology studies, with no adverse effects observed even at the highest dose level of 75 mg/kg.
Celldex Therapeutics (NASDAQ:CLDX) has announced positive results from Phase 2 studies of barzolvolimab in chronic urticaria patients. The drug, a humanized monoclonal antibody targeting KIT receptor, showed significant improvements in both chronic spontaneous urticaria (CSU) and chronic inducible urticaria (CIndU) patients.
Key findings from the 52-week CSU study include:
- Up to 71% of patients achieved complete response
- 82% reported symptoms no longer impacted quality of life
- 95% reported meaningful quality of life improvement
In the 12-week CIndU study:
- 53% of ColdU and 58% of SD patients achieved complete response
- 60% reported symptoms no longer impacted quality of life
- 69% reported well-controlled urticaria
Global Phase 3 studies (EMBARQ-CSU1 and EMBARQ-CSU2) are currently enrolling, with plans to advance to Phase 3 for CIndU in 2025.