Welcome to our dedicated page for Legend Biotech news (Ticker: LEGN), a resource for investors and traders seeking the latest updates and insights on Legend Biotech stock.
Legend Biotech Corp (NASDAQ: LEGN) is a clinical-stage biopharmaceutical leader in developing CAR-T cell therapies for oncology, including multiple myeloma. This page serves as the definitive resource for tracking LEGN's corporate developments, research breakthroughs, and regulatory milestones.
Investors and industry professionals will find timely updates on clinical trial results, partnership announcements, and strategic initiatives driving innovation in cell therapy. The curated news collection provides transparent access to primary source materials while maintaining compliance with financial disclosure standards.
Key content categories include clinical trial updates, regulatory filings, research collaborations, and business development activities. Each news item is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for direct access to Legend Biotech's official communications and expert analyses of their pioneering work in cancer immunotherapy. Regularly updated to reflect the latest advancements in CAR-T technology and oncology treatment development.
Legend Biotech (NASDAQ: LEGN) has announced an upcoming investor event during the 2025 ASCO Annual Meeting in Chicago. The company will host a live webcast on June 1, 2025, at 6:00 p.m. CT, featuring CEO Ying Huang and CMO Mythili Koneru, who will be joined by expert clinicians to discuss updates from the CARTITUDE development program. Investors can access the webcast through a provided weblink or the company's website under Events and Presentations.
Legend Biotech (NASDAQ: LEGN), a global cell therapy leader, has scheduled an investor conference call to discuss its first quarter 2025 financial results. The call will take place on Tuesday, May 13, 2025, at 8:00 am ET.
Key Details:
- Senior leadership will present the company's Q1 2025 performance
- Investors can access the live audio webcast through a provided weblink
- A replay of the webcast and earnings release will be available
- Post-call materials will be accessible through Legend Biotech's Investor Relations website under Events and Presentations
The materials will be made available approximately two hours after the call concludes.
Legend Biotech (NASDAQ: LEGN) reported strong financial results for Q4 and full year 2024. CARVYKTI® achieved net trade sales of $334 million in Q4 and $963 million for the full year, with over 5,000 patients treated to date.
Key highlights include initiating commercial production at a Novartis facility and securing Spanish reimbursement approval for CARVYKTI® in second-line plus settings. The company reported $1.1 billion in cash and cash equivalents as of December 31, 2024, providing runway into Q2 2026.
Financial results showed significant growth with collaboration revenue reaching $168.0 million in Q4 2024, up from $79.4 million in Q4 2023. License revenue was $18.3 million in Q4 2024. The company reported a net income of $26.3 million ($0.07 per share) in Q4 2024, compared to a net loss of $144.8 million in Q4 2023.
Legend Biotech (NASDAQ: LEGN), a global leader in cell therapy, has announced it will host an investor conference call on Tuesday, March 11, 2025, at 8:00 am ET to review its fourth quarter and full year 2024 financial results.
During the webcast and conference call, senior leadership will provide an overview of Legend Biotech's quarterly and fiscal year performance. Investors and interested parties can join the live audio webcast via a provided weblink.
A replay of the webcast and the earnings news release will be made available through the Investor Relations section of Legend Biotech's website under the Events and Presentation section approximately two hours after the call concludes.
Legend Biotech (NASDAQ: LEGN), a global cell therapy leader, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference. CEO Ying Huang, Ph.D., will deliver company updates at the event in San Francisco on January 14, 2025, at 3:45 p.m. PT. The presentation will be accessible via live audio webcast through Legend's Investor Relations website section, with a replay available approximately 48 hours after the event.
Legend Biotech (NASDAQ: LEGN) announced new results from the Phase 3 CARTITUDE-4 study showing CARVYKTI® achieved significantly higher minimal residual disease (MRD) negativity rates compared to standard therapies in multiple myeloma patients. 89% of evaluable patients achieved MRD negativity with CARVYKTI® after three-year follow-up, versus 38% for standard therapies.
The study evaluated 208 adults receiving CARVYKTI® versus 211 receiving standard therapies. 69% of MRD-evaluable patients achieved negativity by day 56, and sustained MRD-negative ≥CR of at least 12 months was achieved in 52% versus 10% in the standard care arm. CARVYKTI® is now commercially available in five countries and has been used by over 4,500 patients.
Legend Biotech (LEGN) reported Q3 2024 results with CARVYKTI® net trade sales of $286 million, showing 87.6% year-over-year and 53.2% quarter-over-quarter growth. The company initiated commercial production at its new Obelisc facility in Belgium and received multiple regulatory approvals, including China's NMPA approval for fourth-line plus multiple myeloma treatment. Financial highlights include collaboration revenue of $142.8 million, license revenue of $17.1 million, and a net loss of $125.3 million. With $1.2 billion in cash and equivalents, Legend expects financial runway into 2026, anticipating operating profit achievement.
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