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Gracell Biotechnologies Inc. Stock Price, News & Analysis

GRCL Nasdaq

Welcome to our dedicated page for Gracell Biotechnologies news (Ticker: GRCL), a resource for investors and traders seeking the latest updates and insights on Gracell Biotechnologies 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 Gracell Biotechnologies'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.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gracell Biotechnologies's position in the market.

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Gracell Biotechnologies Inc. (NASDAQ: GRCL) appointed Dr. Samuel Zhang as Chief Business Officer (CBO) on July 19, 2022. With over 20 years of biopharma experience, Dr. Zhang will lead global business development and corporate strategy, enhancing Gracell's operations. The leadership change aims to accelerate growth and advance Gracell's cell therapy pipeline, leveraging proprietary technologies for cancer treatment. Dr. Zhang previously held senior roles at major pharmaceutical firms, emphasizing his strategic expertise in business development and commercialization.

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0.74%
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Rhea-AI Summary

Gracell Biotechnologies (NASDAQ: GRCL) announced its participation in three investor conferences in June 2022, focused on advancing its innovative cell therapies for cancer treatment. Events include the Goldman Sachs Virtual Healthcare Corporate Day from June 20-24, the Truist Securities Cell Therapy Symposium in New York on June 28, and the Stifel 2022 Virtual Cell Therapy Summit panel discussion on June 30 at 11:30 am ET. Gracell aims to leverage its FasTCAR and TruUCAR technologies to improve CAR-T therapy outcomes, addressing challenges like manufacturing time and costs.

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9.26%
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conferences
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Gracell Biotechnologies presented updated clinical data for its dual-targeting CAR-T candidate, GC012F, at the EHA2022 Congress. The study focused on 29 relapsed/refractory multiple myeloma patients, achieving a 100% minimal residual disease negativity rate. The median duration of response was reported at 15.7 months. Additionally, interim results for GC012F in B-cell non-Hodgkin's lymphoma were shared. GC012F has shown a favorable safety profile, with no severe adverse events reported. The company continues to develop this promising therapy, aiming to address significant patient needs.

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Gracell Biotechnologies Inc. (NASDAQ: GRCL) announced a clinical update call on June 13 to follow the European Hematology Association 2022 Hybrid Congress. The call will highlight clinical data from three investigator-initiated trials for its treatments, GC012F and GC502, targeting conditions like multiple myeloma and B-cell malignancies. Key presentations include updated data from GC012F on June 5 and June 12, and initial data from GC502 on June 10. The company focuses on developing effective cell therapies to address limitations of conventional CAR-T treatments.

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1.83%
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Rhea-AI Summary

Gracell Biotechnologies (NASDAQ: GRCL) announced its participation in the 2022 ASCO Annual Meeting, presenting updated clinical data for its dual-targeting CAR-T candidate, GC012F, aimed at treating relapsed/refractory multiple myeloma (RRMM). The trial, utilizing Gracell's FasTCAR platform, involved 37 heavily pretreated RRMM patients, showing high response rates across various dose levels. Notably, all assessable patients achieved minimal residual disease negativity. Safety data indicated a mostly low-grade cytokine release syndrome profile, reinforcing the therapy's promise.

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Rhea-AI Sentiment
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5%
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conferences clinical trial
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Rhea-AI Summary

Gracell Biotechnologies Inc. (NASDAQ: GRCL) announced participation in three investor conferences in June 2022. Highlights include:

  • BTIG China Biotech Day: Fireside chat and one-on-one meetings on June 1.
  • Jefferies Healthcare Conference: Fireside chat on June 10 at 9:00 a.m. ET; one-on-one meetings from June 8-10 in New York.
  • Citi 3rd Pan-Asia Regional Investor Conference: One-on-one and small group meetings from June 8-10.

Gracell focuses on developing advanced cell therapies, targeting challenges of traditional CAR-T treatments.

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Rhea-AI Sentiment
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7.96%
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conferences
Rhea-AI Summary

Gracell Biotechnologies Inc. (NASDAQ: GRCL) announced participation in three investor conferences in June 2022. Events include the BTIG China Biotech Day on June 1, and the Jefferies Healthcare Conference from June 8-10, featuring a fireside chat on June 10 at 9:00 a.m. ET. Additionally, Gracell will attend the Citi 3rd Pan-Asia Regional Investor Conference during the same dates. The company focuses on developing advanced cell therapies for cancer, utilizing innovative technology platforms to tackle challenges associated with conventional CAR-T therapies.

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Rhea-AI Sentiment
End-of-Day
7.96%
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conferences
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Rhea-AI Summary

Gracell Biotechnologies (NASDAQ: GRCL) reported Q1 2022 results with a net loss of RMB158.6 million (US$25.0 million), up from RMB99.7 million year-over-year. Cash reserves stood at RMB1,694.7 million (US$267.3 million), funding operations into 2024. Key clinical updates include promising early data from the IIT of GC502 in relapsed/refractory B-ALL, showing 75% of patients achieving minimal residual disease negative complete response. The company plans to present further data on its CAR-T therapies at upcoming conferences and file INDs for GC012F in the second half of 2022.

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3%
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Rhea-AI Summary

Gracell Biotechnologies Inc. (NASDAQ: GRCL) announced presentations at the EHA2022 Congress from June 9-12 in Vienna, showcasing clinical data for its CAR-T therapies, GC012F and GC502. GC012F, a dual-targeting candidate for B-cell non-Hodgkin's lymphoma and multiple myeloma, demonstrated promising early results, with all enrolled patients achieving complete responses after treatment. GC502, targeting B-cell acute lymphoblastic leukemia, showed similar positive results. The presentations highlight Gracell's innovative platforms, aiming to enhance treatment efficacy and patient access.

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13.77%
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conferences clinical trial
Rhea-AI Summary

Gracell Biotechnologies Inc. (NASDAQ: GRCL) announced participation in three investor conferences in May 2022. The events include the CICC Healthcare Industry Forum (May 9-13, 2022), the ICA 2nd Annual Asia Pacific Healthcare Conference (May 19-24, 2022), and the H.C. Wainwright Global Investment Conference (May 25-27, 2022). Gracell aims to showcase its advancements in cell therapies, particularly its FasTCAR and TruUCAR platforms. Presentations and one-on-one meetings will provide investors insights into Gracell's innovative pipeline.

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1.93%
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