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Legend Biotech Establishes Clinical Proof-of-Concept for LB2501, a Potential First-in-Class In Vivo CD19/CD20 Dual-Targeting CAR-T, in Relapsed/Refractory B-Cell Non-Hodgkin Lymphoma

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Legend Biotech (NASDAQ: LEGN) reported first clinical proof-of-concept for LB2501, an investigational in vivo CD19/CD20 dual-targeting CAR-T, in relapsed/refractory B-cell non-Hodgkin lymphoma. In a Phase 1 trial, a single infusion at the higher dose achieved 100% ORR and 83.3% CR without lymphodepletion.

LB2501 showed dose-dependent in vivo CAR-T expansion, Grade 1–2 IRR/CRS only, no DLTs, SAEs, ICANS, or deaths, plus rapid vector clearance and polyclonal vector integration.

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Positive

  • DL2 showed 100% ORR (6/6) and 83.3% CR (5/6) after single infusion
  • Responses at DL2 were all ongoing at data cutoff
  • Study conducted without lymphodepletion while still achieving in vivo CAR-T expansion
  • No DLTs, SAEs, ICANS, or deaths reported in 12 treated patients
  • IRR and CRS limited to Grade 1–2; no glucocorticoids needed for CRS
  • CAR-T expansion seen in 100% of DL2 and 83% of DL1 patients
  • CAR-T cells detectable in blood for up to 116 days
  • Rapid vector clearance to undetectable levels within 24 hours
  • Translational data showed polyclonal vector integration and no non-specific transduction

Negative

  • Phase 1 dataset is small, with only 12 total treated patients
  • Across both dose levels, ORR was 50.0% and CR rate 41.7%
  • Infusion-related reactions occurred in 75.0% of patients
  • Cytokine release syndrome occurred in 66.7% of patients, despite being Grade 1–2

Market Context

This announcement highlights early proof-of-concept for LB2501, showing 100% ORR and 83.3% CR at the...
Analysis

This announcement highlights early proof-of-concept for LB2501, showing 100% ORR and 83.3% CR at the higher dose with Grade 1–2 toxicities and no lymphodepletion. It builds on earlier 6‑K disclosures and EHA preview data, reinforcing Legend Biotech’s push into in vivo CAR-T. Investors may watch for larger patient cohorts, durability beyond 116 days, expansion into additional lymphoma subtypes, and how this platform complements the established CARVYKTI franchise and broader pipeline.

Key Figures

ORR at DL2: 100% (6/6) CR rate at DL2: 83.3% (5/6) Overall ORR: 50.0% (6/12) +5 more
8 metrics
ORR at DL2 100% (6/6) Relapsed/refractory B-NHL, single infusion, Phase 1 dose level 2
CR rate at DL2 83.3% (5/6) Relapsed/refractory B-NHL, single infusion, Phase 1 dose level 2
Overall ORR 50.0% (6/12) All patients across two dose levels in Phase 1
Overall CR rate 41.7% (5/12) All patients across two dose levels in Phase 1
Patients treated 12 patients Ongoing Phase 1 LB2501 trial in R/R B-NHL
Infusion reactions incidence 75.0% (9/12) Grade 1–2 IRR, median recovery 18.6 hours
CRS incidence 66.7% (8/12) Grade 1–2 CRS, median duration 4.5 days
CAR-T detectability Up to 116 days CAR-T cells detectable in peripheral blood post-infusion

Historical Context

5 past events · Latest: Jun 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 02 LB2501 EHA preview Positive +42.2% Initial in vivo LB2501 data with 100% ORR and favorable safety at DL2.
Jun 01 ASCO data update Positive -6.1% First-in-human LB2102 and new CARVYKTI data with manageable safety profile.
May 21 ASCO presentations plan Positive +4.9% Announcement of multiple CAR-T presentations and investor event at ASCO 2026.
May 12 Q1 2026 earnings Positive +10.5% Strong CARVYKTI growth, revenue increase, narrowed losses, and solid cash.
May 04 Advisory board expansion Positive +12.3% New scientific advisors to guide next‑generation cell therapy pipeline.

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

Pattern Detected

LEGN has mostly seen positive price alignment with constructive news, particularly around CAR-T clinical updates and earnings, with only one notable divergence on broadly positive clinical data.

Recent Company History

Over the past two months, Legend Biotech has reported multiple milestones. On May 12, 2026, strong Q1 results and CARVYKTI® growth saw a 10.48% gain. Scientific advisory expansion on May 4 coincided with a 12.34% rise. ASCO 2026 presentation news on May 21 and detailed LB2102/CARVYKTI data on June 1 produced mixed reactions, including a -6.08% move. Importantly, early LB2501 data similar to today’s announcement on June 2 drove a 42.22% jump, underscoring market sensitivity to this in vivo CAR-T program.

Key Terms

car-t, objective response rate, complete response rate, cytokine release syndrome, +4 more
8 terms
car-t medical
"LB2501, its investigational in vivo CD19/CD20 dual-targeting CAR-T cell therapy, in patients"
CAR-T is a type of cancer therapy that reprograms a patient’s own immune cells to seek and destroy specific cancer cells, like teaching guard dogs a new scent to track intruders. It matters to investors because CAR-T treatments can command high prices, drive strong revenue for successful developers, and carry regulatory and manufacturing risks that can sharply affect a company’s valuation and long-term growth prospects.
objective response rate medical
"LB2501 achieved a 100% objective response rate (ORR) (6/6) and an 83.3%"
The objective response rate (ORR) is the percentage of patients in a clinical trial whose tumors measurably shrink or disappear according to preset rules. Investors use it as a quick, objective signal of a drug’s ability to produce a clear treatment effect—like counting how many plants visibly respond after applying a new fertilizer—and higher ORR can improve odds of regulatory approval, commercial success, and company valuation.
complete response rate medical
"100% objective response rate (ORR) (6/6) and an 83.3% complete response rate (CR)"
Complete response rate is the percentage of patients in a clinical trial whose measurable signs of disease disappear after treatment, as judged by predefined medical tests. For investors, a higher complete response rate is a strong signal that a drug works well in the trial setting, improving chances of regulatory approval and commercial success — like seeing most lightbulbs in a new batch actually turn on before deciding to buy the factory.
cytokine release syndrome medical
"cytokine release syndrome (CRS) were the most common adverse events of special interest"
An intense immune overreaction in which the body's defense system releases a large surge of signaling proteins, causing fever, low blood pressure, breathing trouble or organ stress; imagine the immune system's alarm going into overdrive and flooding the body with emergency responders. Investors care because this side effect can slow or block regulatory approval, increase clinical trial costs and liabilities, limit how widely a therapy can be used, and therefore affect a drug's market value and sales potential.
immune effector cell-associated neurotoxicity syndrome medical
"no dose-limiting toxicities (DLTs), serious adverse events (SAEs), immune effector cell-associated neurotoxicity syndrome (ICANS)"
immune effector cell-associated neurotoxicity syndrome (ICANS) is a brain-related side effect that can occur after treatments that activate powerful immune cells, such as engineered cell therapies. It can cause confusion, speech problems, seizures or coma when the immune response unintentionally harms brain function; think of an overenthusiastic security system that starts damaging the house it’s protecting. Investors care because ICANS affects clinical trial results, regulatory approvals, product labeling, treatment adoption, monitoring costs and potential liability, all of which influence a therapy’s commercial value.
lymphodepletion medical
"in vivo CAR-T expansion without lymphodepletion. At the higher dose level (DL2)"
Lymphodepletion is a short medical treatment that lowers a patient’s lymphocytes, the immune cells that can interfere with certain cell-based therapies, to create a more supportive environment for the new therapy to work. Think of it like clearing a crowded garden bed before planting seeds: by temporarily reducing competing cells, the engineered therapy can take hold more effectively. Investors watch lymphodepletion because it affects clinical trial results, safety profiles, treatment adoption, and overall commercial potential.
pharmacokinetics medical
"dose-escalation study is evaluating safety, recommended Phase 2 dose, pharmacokinetics, and preliminary"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
in vivo medical
"in vivo CD19/CD20 dual-targeting CAR-T cell therapy, in patients with relapsed or"
In vivo describes tests or experiments performed inside a living organism, such as an animal or human, to observe how a drug, device or biological process behaves in a real, functioning body. Investors care because in vivo results reveal safety, effectiveness and possible side effects that lab tests cannot, much like road-testing a prototype car in traffic rather than only on a bench — outcomes can strongly influence regulatory approval, clinical success and a company’s valuation.

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

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  •  Achieved 100% ORR and 83.3% CR rate at dose level 2 following a single infusion in patients with relapsed/refractory B-NHL in an ongoing Phase 1 study
  • Single infusion of LB2501 generated dose-dependent in vivo CAR-T expansion without lymphodepletion
  • No dose-limiting toxicities, serious adverse events, ICANS, or deaths were reported; infusion-related reactions and CRS were Grade 1–2, and none required glucocorticoids for CRS management
  • Additional translational data showed rapid vector clearance, polyclonal vector integration, and no evidence of non-specific transduction
  • Proof-of-concept progress demonstrates leadership in next-generation cell therapies, with results presented in a late-breaking session at EHA 2026

BRIDGEWATER, N.J., June 14, 2026 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced first clinical proof-of-concept data for LB2501, its investigational in vivo CD19/CD20 dual-targeting CAR-T cell therapy, in patients with relapsed or refractory B-cell non-Hodgkin lymphoma (R/R B-NHL). The results are being presented today in a late-breaking session at the European Hematology Association (EHA) 2026 Congress (Abstract #LB5006).

In the ongoing Phase 1 study, a single infusion of LB2501 generated dose-dependent in vivo CAR-T expansion without lymphodepletion. At the higher dose level (DL2), LB2501 achieved a 100% objective response rate (ORR) (6/6) and an 83.3% complete response rate (CR) (5/6), with all responses ongoing at the time of data cutoff. LB2501 also showed a favorable safety profile, with no dose-limiting toxicities (DLTs), serious adverse events (SAEs), immune effector cell-associated neurotoxicity syndrome (ICANS), or deaths reported.

In vivo CAR-T represents a compelling frontier in cell therapy, enabling the generation of CAR-T cells directly within the patient, with the potential to simplify treatment and expand access over time,” said Ying Huang, Ph.D., Chief Executive Officer of Legend Biotech. “LB2501 is our step toward realizing that vision and reflects further progress toward our goal of leading the future of cell therapy. Backed by the commercial and scientific foundation we have built with CARVYKTI, we are well-positioned to advance this next generation of CAR-T delivery. These early data, with deep responses from a single infusion across patients, give us confidence in the path ahead.”

LB2501 Demonstrates In Vivo CAR-T Generation and Early Clinical Activity

In an ongoing Phase 1 study, 12 patients with R/R B-NHL received LB2501 across two dose levels, DL1 (n=6) and DL2 (n=6). Patients had received a median of three prior lines of therapy, and 58.3% were refractory to their most recent treatment. The open-label, multi-center, dose-escalation study is evaluating safety, recommended Phase 2 dose, pharmacokinetics, and preliminary efficacy in adults with R/R B-NHL. The study was conducted without lymphodepletion.

At DL2, LB2501 achieved a 100% ORR (6/6) and an 83.3% CR rate (5/6), with responses observed across patients with diffuse large B-cell lymphoma (DLBCL), mantle cell lymphoma (MCL), and follicular lymphoma (FL). Across both dose levels, the ORR was 50.0% (6/12), and the CR rate was 41.7% (5/12). At the time of data cutoff, all responses at DL2 were ongoing.

LB2501 showed a favorable safety profile. No DLTs, SAEs, ICANS, or deaths were reported. Infusion-related reactions (IRR) and cytokine release syndrome (CRS) were the most common adverse events of special interest and were all Grade 1–2. Infusion-related reactions occurred in 75.0% (9/12) of patients overall, with a median onset of 1.4 hours after infusion and a median recovery time of 18.6 hours. CRS occurred in 66.7% (8/12) of patients overall, with a median onset at Day 11 and a median duration of 4.5 days. IRR and CRS were all Grade 1–2, no patients required glucocorticoids for CRS management. Four patients received tocilizumab.

Pharmacokinetic analyses showed dose-dependent in vivo CAR-T expansion in 100% (6/6) of patients at DL2 and 83% (5/6) of patients at DL1. CAR-T cells remained detectable in peripheral blood for up to 116 days. Viral copy number in peripheral blood peaked immediately after infusion and decreased to undetectable concentrations within 24 hours.

Additional translational analyses further characterized the in vivo profile of LB2501. No evidence of non-specific transduction was detected in NK cells or other non-T/B/NK lymphocyte populations. Vector integrations were highly polyclonal and diverse. These findings support proof-of-concept for in vivo T-cell engineering, with polyclonal vector integration and rapid vector clearance.

“These early clinical findings are encouraging in a heavily pretreated relapsed or refractory B-cell non-Hodgkin lymphoma population,” said Lei Fan, M.D., Ph.D., Professor, Doctoral Supervisor, and Administrative Director, Hematology Department, Jiangsu Province Hospital, Nanjing, China. “The responses observed at the higher dose level achieved a 100% objective response rate, together with a favorable safety profile and the absence of lymphodepletion, support further investigation of LB2501 as a novel in vivo CAR-T approach. The additional pharmacokinetic and translational findings presented at EHA further support the feasibility of generating CAR-T cells directly within the patient.”

ABOUT LB2501
LB2501 is an investigational, potential first-in-class CD19/CD20 dual-targeting in vivo CAR-T therapy designed to generate CAR-T cells directly within the patient following a single intravenous infusion. It is being evaluated in an ongoing Phase 1, open-label study (NCT07002112) in patients with relapsed/refractory B-cell malignanciesi to assess safety, tolerability, and preliminary efficacy.[i]

ABOUT B-CELL NON-HODGKIN LYMPHOMA
Non-Hodgkin lymphoma (NHL) is a group of cancers that originate in lymphocytes, a type of white blood cell that plays a key role in the body’s immune system.ii B-cell lymphomas account for approximately 85% of NHL cases and arise from abnormal growth of B lymphocytes (B cells), which are responsible for producing antibodies. These malignancies include a range of subtypes that vary in aggressiveness, from slow-growing to highly aggressive disease.iii

While treatment advances have improved outcomes for some patients, those with relapsed or refractory B-cell NHL, particularly after multiple lines of therapy, often face limited options.

ABOUT LEGEND BIOTECH
With over 3,000 employees, Legend Biotech is the largest standalone cell therapy company and a pioneer in treatments that change cancer care forever. Legend Biotech is at the forefront of the CAR-T cell therapy revolution with CARVYKTI®, a one-time treatment for relapsed or refractory multiple myeloma, which it develops and markets with collaborator Johnson & Johnson. Centered in the United States, Legend Biotech is building an end-to-end cell therapy company by expanding its leadership to maximize CARVYKTI’s patient access and therapeutic potential. From this platform, Legend Biotech plans to drive future innovation across its pipeline of cutting-edge cell therapy modalities.

Learn more at https://legendbiotech.com and follow us on X, Instagram, and LinkedIn.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to Legend Biotech’s strategies and objectives, the Phase 1 clinical trial of LB2501, and the potential benefits of LB2501, including the reproducibility and durability of any favorable results initially seen in patients dosed to date in clinical trials, and LB2501’s potential to be first-in-class. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Legend Biotech’s expectations could be affected by, among other things, uncertainties involved in the development of new pharmaceutical products; unexpected clinical trial results, including as a result of additional analysis of existing clinical data or unexpected new clinical data; unexpected regulatory actions or delays, including requests for additional safety and/or efficacy data or analysis of data, or government regulation generally; unexpected delays as a result of actions undertaken, or failures to act, by Legend Biotech’s third-party partners; uncertainties arising from challenges to Legend Biotech’s patent or other proprietary intellectual property protection, including the uncertainties involved in the U.S. litigation process; government, industry, and general product pricing and other political pressures; as well as the other factors discussed in the “Risk Factors” section of Legend Biotech’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 10, 2026. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this press release as anticipated, believed, estimated, or expected. Any forward-looking statements contained in this press release speak only as of the date of this press release. Legend Biotech specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

‡ Lei Fan, M.D., Ph.D., Professor, Doctoral Supervisor, and Administrative Director, Hematology Department, Jiangsu Province Hospital, Nanjing, China, has provided consulting and advisory services to Legend Biotech; he has not been paid for any media work.

INVESTOR CONTACT:
Jessie Yeung
Tel: (732) 956-8271
investor@legendbiotech.com

PRESS CONTACT:
Kim Fox
Tel: (848) 388-8445
media@legendbiotech.com

i ClinicalTrials.Gov. The CD19/ CD20 Dual-Target in Vivo CAR-T Lentiviral Product in the Treatment of Relapsed/ Refractory B-cell Malignancies. https://clinicaltrials.gov/study/NCT07002112. Accessed May 2026
ii American Cancer Society. “What Is Non-Hodgkin Lymphoma?”. Available at: https://www.cancer.org/cancer/types/non-hodgkin-lymphoma/about/what-is-non-hodgkin-lymphoma.html.Accessed May 2026.
iii American Cancer Society. “Types of B-cell Lymphoma.” Available at: https://www.cancer.org/cancer/types/non-hodgkin-lymphoma/about/b-cell-lymphoma.html.Accessed May 2026.


FAQ

What did Legend Biotech (NASDAQ: LEGN) announce about LB2501 on June 14, 2026?

Legend Biotech announced first clinical proof-of-concept data for LB2501, its investigational in vivo CD19/CD20 dual-targeting CAR-T for relapsed/refractory B-cell non-Hodgkin lymphoma. According to Legend Biotech, early Phase 1 results show dose-dependent in vivo CAR-T expansion and promising response rates at the higher dose level.

What are the key efficacy results for LB2501 in the Phase 1 B-NHL study for LEGN?

LB2501 achieved a 100% objective response rate and 83.3% complete response rate at the higher dose level in six patients. According to Legend Biotech, overall ORR across both dose levels was 50.0% and CR rate was 41.7%, with all DL2 responses ongoing at data cutoff.

How does LB2501’s safety profile look in Legend Biotech’s Phase 1 trial?

LB2501 showed a favorable early safety profile with no dose-limiting toxicities, serious adverse events, ICANS, or deaths reported. According to Legend Biotech, infusion-related reactions occurred in 75.0% of patients and CRS in 66.7%, all Grade 1–2, with no glucocorticoids required for CRS management.

Does LB2501 require lymphodepletion in the Legend Biotech Phase 1 trial?

LB2501 was given without lymphodepletion in the ongoing Phase 1 study of relapsed/refractory B-cell non-Hodgkin lymphoma. According to Legend Biotech, a single infusion still produced dose-dependent in vivo CAR-T expansion, including 100% expansion at the higher dose level and detectable cells for up to 116 days.

What pharmacokinetic and translational findings support LB2501’s in vivo CAR-T approach?

LB2501 showed dose-dependent in vivo CAR-T expansion and rapid decline of viral copies to undetectable levels within 24 hours. According to Legend Biotech, CAR-T cells persisted up to 116 days, vector integration was highly polyclonal, and no non-specific transduction in NK or other non-T/B/NK cells was detected.

What patient population was enrolled in Legend Biotech’s LB2501 Phase 1 B-NHL trial?

The trial enrolled 12 adults with relapsed or refractory B-cell non-Hodgkin lymphoma across two dose levels. According to Legend Biotech, patients had a median of three prior therapies, 58.3% were refractory to their most recent treatment, and responses at DL2 spanned DLBCL, MCL, and FL.