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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 for relapsed/refractory B-cell non-Hodgkin lymphoma.

In a 12-patient Phase 1 study, dose level 2 achieved 100% ORR and 83.3% CR with ongoing responses and a favorable safety profile without lymphodepletion.

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Positive

  • Dose level 2 achieved 100% ORR (6/6) and 83.3% CR (5/6)
  • All responses at dose level 2 were ongoing at data cutoff
  • Single LB2501 infusion generated dose-dependent in vivo CAR-T expansion
  • Study conducted without lymphodepletion while maintaining observed efficacy
  • No DLTs, SAEs, ICANS, or deaths reported in 12 patients
  • Viral copies cleared from blood within 24 hours, supporting rapid vector clearance

Negative

  • Efficacy and safety data based on 12 patients in an ongoing Phase 1 trial
  • Overall ORR across both dose levels was 50.0% (6/12), below DL2 results
  • Infusion-related reactions occurred in 75.0% (9/12) of patients
  • CRS occurred in 66.7% (8/12) of patients, with median duration of 4.5 days

News Market Reaction – LEGN

-1.09%
2 alerts
-1.09% Session close to close
$6.20B Market Cap
0.1x Rel. Volume

In the Jun 15 session, LEGN declined 1.09%, reflecting a mild negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights early clinical proof-of-concept for LB2501, an in vivo CD19/CD20 dual-t...
Analysis

This announcement highlights early clinical proof-of-concept for LB2501, an in vivo CD19/CD20 dual-targeting CAR-T that achieved a 100% ORR and 83.3% CR rate at the higher dose in relapsed/refractory B-NHL with manageable safety and no lymphodepletion. Recent history shows Legend pairing such pipeline progress with growing CARVYKTI® revenue and narrowing losses. Investors may track longer follow-up, expansion cohorts, durability beyond 116 days, and how these results integrate with the broader cell therapy portfolio.

Key Figures

ORR at DL2: 100% (6/6) CR rate at DL2: 83.3% (5/6) Patients treated: 12 patients +5 more
8 metrics
ORR at DL2 100% (6/6) Relapsed/refractory B-NHL, single infusion LB2501, Phase 1
CR rate at DL2 83.3% (5/6) Relapsed/refractory B-NHL, single infusion LB2501, Phase 1
Patients treated 12 patients Phase 1 study across DL1 (n=6) and DL2 (n=6)
Overall ORR 50.0% (6/12) All LB2501-treated patients across both dose levels
Overall CR rate 41.7% (5/12) All LB2501-treated patients across both dose levels
Infusion reactions 75.0% (9/12) Grade 1–2 infusion-related reactions after LB2501 infusion
CRS incidence 66.7% (8/12) Cytokine release syndrome, all Grade 1–2
CAR-T persistence Up to 116 days CAR-T cells detectable in peripheral blood

Historical Context

5 past events · Latest: Jun 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 02 LB2501 Phase 1 data Positive +42.2% Early in vivo CAR-T LB2501 data with 100% ORR and favorable safety.
Jun 01 ASCO 2026 data Positive -6.1% LB2102 solid tumor data and new CARVYKTI results presented at ASCO.
May 21 ASCO presentations Positive +4.9% Announcement of multiple CAR-T data presentations and an investor event.
May 12 Q1 2026 earnings Positive +10.5% Q1 2026 results showing strong CARVYKTI growth and narrowed losses.
May 04 Advisory board expansion Positive +12.3% New scientific advisors added 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

Across recent major updates, LEGN’s stock typically moved in the same direction as the news tone, with one notable divergence on mixed solid-tumor/CARVYKTI data.

Recent Company History

Over the last two months, Legend Biotech has reported multiple catalysts, including strong Q1 2026 results on May 12 with CARVYKTI®-driven revenue growth and a 10.48% share gain. Scientific updates at ASCO 2026 and advisory board expansion in early May were followed by positive moves of 4.93% and 12.34%. Initial LB2501 in vivo CAR-T data on June 2 drove a sharp 42.22% rise, while subsequent LB2102 and CARVYKTI data on June 1 coincided with a -6.08% decline, showing that not all scientific news has been rewarded uniformly.

Key Terms

in vivo, car-t, objective response rate, complete response rate, +4 more
8 terms
in vivo medical
"its investigational in vivo CD19/CD20 dual-targeting CAR-T cell therapy"
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.
car-t medical
"in vivo CD19/CD20 dual-targeting CAR-T cell therapy, in patients with relapsed"
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
"achieved a 100% objective response rate (ORR) (6/6) and an 83.3% complete"
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 efficacy"
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.

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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 15, 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 its LB2501 Phase 1 trial on June 15, 2026?

Legend Biotech announced first clinical proof-of-concept for LB2501, its investigational in vivo CD19/CD20 dual-targeting CAR-T for relapsed/refractory B-cell non-Hodgkin lymphoma. According to Legend, early Phase 1 data show dose-dependent in vivo CAR-T expansion and encouraging responses without lymphodepletion.

What are the key efficacy results for LB2501 in relapsed/refractory B-cell non-Hodgkin lymphoma (LEGN)?

LB2501 achieved 100% ORR and 83.3% CR at dose level 2 (6 patients), with all responses ongoing at data cutoff. According to Legend Biotech, overall ORR across both dose levels was 50.0% (6/12), with a 41.7% CR rate.

How was the safety profile of LB2501 described in Legend Biotech’s Phase 1 data?

LB2501 showed a favorable safety profile, with no dose-limiting toxicities, serious adverse events, ICANS, or deaths reported. According to Legend Biotech, infusion-related reactions and CRS were all Grade 1–2; no patients required glucocorticoids for CRS management, though four received tocilizumab.

What makes LB2501 a potential first-in-class in vivo CAR-T therapy for LEGN investors?

LB2501 is designed to generate CD19/CD20-targeted CAR-T cells directly in vivo, potentially simplifying treatment. According to Legend Biotech, Phase 1 data show in vivo CAR-T expansion, rapid vector clearance, polyclonal integrations, and activity without lymphodepletion, supporting in vivo T-cell engineering proof-of-concept.

How does LB2501’s pharmacokinetic profile support Legend Biotech’s in vivo CAR-T approach?

LB2501 showed dose-dependent in vivo CAR-T expansion in 100% of dose level 2 and 83% of dose level 1 patients. According to Legend Biotech, CAR-T cells remained detectable up to 116 days, while viral copies became undetectable within 24 hours, with no evidence of non-specific transduction.

What patient population was included in Legend Biotech’s LB2501 Phase 1 study?

The Phase 1 study 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 subtypes included DLBCL, MCL, and FL.