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Lyell Immunopharma Provides Update on Safety Profile of LYL273 in Relapsed or Refractory Metastatic Colorectal Cancer and Amends Phase 1 Trial to Phase 1/2 Expansion 

(Very Positive)

Lyell Immunopharma (Nasdaq: LYEL) reported updated safety data for LYL273 in relapsed or refractory metastatic colorectal cancer and amended its U.S. Phase 1 trial to a Phase 1/2 design.

Gastrointestinal prophylaxis cut Grade ≥2 diarrhea/colitis from 55% (N=9) to 10% (N=10), with no Grade ≥3 CRS or ICANS observed in prophylaxis patients. Nineteen patients have been treated across Dose Levels 1–2, dose escalation continues, and the maximum tolerated dose is not yet defined. The amendment enables seamless expansion into a potential pivotal single-arm Phase 2, adds second-line and radiotherapy-combination cohorts, and targets up to ~84 patients across Phase 1 dose escalation and new cohorts. Additional Phase 1 data and an End-of-Phase 1 FDA meeting are anticipated in the second half of 2026.

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Positive

  • GI prophylaxis reduced Grade ≥2 diarrhea/colitis from 55% to 10%
  • No Grade ≥3 CRS or ICANS in 10 patients receiving GI prophylaxis
  • Previously reported 50% overall response rate at Dose Levels 1–2 in 3L+ mCRC
  • FDA Fast Track designation for LYL273 in metastatic colorectal cancer
  • Trial amended to Phase 1/2 design enabling potential pivotal single-arm Phase 2
  • Phase 1/2 design adds second-line and radiotherapy-combination cohorts, expanding enrollment

Negative

  • Without GI prophylaxis, 55% of patients had Grade ≥2 diarrhea/colitis
  • Maximum tolerated dose of LYL273 has not yet been determined

News Market Reaction – LYEL

+2.84%
2 alerts
+2.84% Session close to close
$304.04M Market Cap
0.0x Rel. Volume

In the Jun 8 session, LYEL gained 2.84%, reflecting a moderate positive 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 an improved LYL273 safety profile in metastatic colorectal cancer, with...
Analysis

This announcement highlights an improved LYL273 safety profile in metastatic colorectal cancer, with Grade ≥2 GI events reduced from 55% to 10% under prophylaxis and no Grade ≥3 CRS or ICANS in that cohort. The amendment to a Phase 1/2 design sets up seamless expansion into a potential pivotal single‑arm Phase 2 trial, pending FDA alignment. Historically, Lyell’s clinical updates have been key value drivers, so future data readouts and regulatory meetings around LYL273 will be important to watch.

Key Figures

GI AE reduction: 55% to 10% Overall response rate: 50% Patients enrolled: 19 patients +5 more
8 metrics
GI AE reduction 55% to 10% Grade ≥2 diarrhea/colitis without vs with GI prophylaxis
Overall response rate 50% Dose Levels 1 and 2, previously reported 3L+ mCRC data cutoff Oct 28, 2025
Patients enrolled 19 patients U.S. Phase 1 LYL273 trial across Dose Levels 1 and 2
GI prophylaxis cohort 10 patients Enrolled under new GI prophylaxis regimen with safety plan
No severe CRS/ICANS 0 patients Grade ≥3 CRS or ICANS among 10 patients with GI prophylaxis
Dose levels tested 1 and 2 x 10^6 CAR+ cells/kg Current Phase 1 dose levels 1 and 2 for LYL273
Dose-escalation cohorts 4 cohorts Phase 1 design at Dose Levels 1–4
Planned new cohort size Up to 60 patients Enrollment across new Phase 1/2 cohorts including second-line and combo arm

Previous Clinical trial Reports

5 past events · Latest: Feb 12 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Feb 12 Phase 3 trial start Positive +4.3% First patient dosed in PiNACLE‑H2H Phase 3 head‑to‑head CAR T trial.
Dec 07 Clinical data update Positive +12.3% ASH data showed high response and durable remissions with manageable safety.
Nov 03 Upcoming ASH data Positive -0.7% Announced oral presentations of new ronde‑cel data at ASH with favorable profile.
Sep 03 Phase 3 initiation Positive +0.2% Initiation of Phase 3 head‑to‑head trial and advancement of pivotal PiNACLE study.
Jun 17 Phase 1/2 results Positive -4.6% Positive LYL314 Phase 1/2 data with high ORR and CR but stock declined.

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

Pattern Detected

Clinical trial updates have often coincided with positive or mixed price moves, but reactions have varied from strong gains to modest declines.

Recent Company History

Over the past year, Lyell’s key news flow has centered on clinical trial progress, especially for CAR T-cell programs. Prior clinical updates for ronde‑cel in large B‑cell lymphoma, including initiation of the PiNACLE and PiNACLE‑H2H trials and strong response data, saw price reactions ranging from -4.62% to +12.32%. Today’s LYL273 safety and Phase 1/2 amendment news fits this pattern of advancing late‑stage studies, but the concurrent -8.28% move contrasts with some earlier positive reactions to clinical milestones.

Key Terms

car t-cell, cytokine release syndrome, immune effector cell-associated neurotoxicity syndrome, icans, +3 more
7 terms
car t-cell medical
"a pipeline of next-generation chimeric antigen receptor (CAR) T-cell therapies for patients"
CAR T-cell therapy uses a patient’s own immune cells that have been removed, reprogrammed in a lab to recognize a specific marker on cancer cells, and returned to the body to seek and destroy tumors. Think of it as giving a person's white blood cells a custom-made 'GPS' that guides them to cancer cells. Investors watch CAR T-cell programs because they can command high prices, involve complex manufacturing and regulatory risk, and their clinical success or failure can sharply affect a biotech company's value.
cytokine release syndrome medical
"did not experience Grade ≥ 3 cytokine release syndrome (CRS) or immune effector"
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
"Grade ≥ 3 cytokine release syndrome (CRS) or immune effector cell-associated neurotoxicity"
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.
icans medical
"cytokine release syndrome (CRS) or immune effector cell-associated neurotoxicity syndrome (ICANS)"
ICANS (Immune effector Cell-Associated Neurotoxicity Syndrome) is a range of brain-related side effects that can occur after certain immune-cell cancer therapies, such as CAR-T. Symptoms can include confusion, speech problems, seizures or reduced consciousness, and they are caused by an overactive immune response affecting the brain. Investors care because ICANS can influence patient safety, trial outcomes, regulatory approvals, treatment labeling and adoption, all of which affect a therapy’s commercial prospects and development costs.
phase 1/2 medical
"Phase 1 trial amended to enable seamless expansion into a potential pivotal single-arm Phase 2 trial"
Phase 1/2 is a combined early-stage clinical trial that first tests a new drug or treatment for safety and the right dose, then quickly expands to check if it shows any signs of working in patients. For investors, results from a Phase 1/2 study offer an early read on both risk and potential reward—like a prototype test that both confirms a product won’t harm users and suggests whether it could sell—helping guide valuation and development decisions.
overall response rate medical
"A 50% overall response rate across Dose Levels 1 and 2 has been previously reported"
Overall response rate is the percentage of patients in a clinical study whose measurable disease shrinks or disappears after receiving a treatment. Investors watch it like a product’s “hit rate” because higher response rates can signal a drug’s effectiveness, boost chances of regulatory approval and market demand, and affect a company’s future revenue prospects, similar to how a higher batting average suggests a more reliable player.
fast track designation regulatory
"The FDA has granted LYL273 Fast Track designation for the treatment of mCRC."
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.

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  • Gastrointestinal prophylaxis reduced Grade ≥ 2 diarrhea/colitis from 55% without prophylaxis to 10% with prophylaxis
  • The maximum tolerated dose has not yet been determined
  • No difference is observed in GCC CAR T-cell expansion kinetics in patients with or without GI prophylaxis
  • Ongoing U.S. Phase 1 trial amended to enable seamless expansion into a potential pivotal single-arm Phase 2 trial pending regulatory alignment
  • Amendment of ongoing U.S. Phase 1 trial adds new cohorts, including a second-line cohort and a cohort evaluating a combination strategy with radiotherapy
  • Additional Phase 1 clinical data, including clinical outcomes, and End-of-Phase 1 FDA meeting expected in second half of 2026

SOUTH SAN FRANCISCO, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Lyell Immunopharma, Inc. (Nasdaq: LYEL), a late-stage clinical company advancing a pipeline of next-generation chimeric antigen receptor (CAR) T-cell therapies for patients with cancer, today provided an update on the safety profile of LYL273 in its ongoing U.S. Phase 1 clinical trial in patients with relapsed or refractory metastatic colorectal cancer (mCRC), and announced the Phase 1 trial has been amended to enable seamless expansion into a potential pivotal single-arm Phase 2 trial pending regulatory alignment.

LYL273 is a guanylyl cyclase C (GCC)-targeted CAR T-cell product candidate enhanced with CD19 CAR expression and controlled cytokine release designed to improve CAR T-cell expansion, immune cell infiltration and cancer cell killing in the hostile solid tumor microenvironment. A 50% overall response rate across Dose Levels 1 and 2 has been previously reported (data cutoff date of October 28, 2025) in third- or later-line (3L+) relapsed or refractory mCRC patients in the U.S. Phase 1 clinical trial. The FDA has granted LYL273 Fast Track designation for the treatment of mCRC.

“The substantial reduction of Grade 2 or higher diarrhea or colitis, and absence of Grade 3 or higher CRS and ICANS in patients treated under our gastrointestinal prophylaxis and standardized safety management plan suggest we can manage the safety profile of LYL273 in patients with relapsed or refractory metastatic colorectal cancer,” said Lynn Seely, M.D., President and Chief Executive Officer of Lyell. “We are continuing to move forward to selection of the recommended Phase 2 dose and are on track for an End-of-Phase 1 meeting with the FDA by the end of the year.”

Updated Safety Data from U.S. Phase 1 Clinical Trial Evaluating LYL273 in Patients with Relapsed or Refractory Third- or Later-Line mCRC

Nineteen patients have been enrolled in the U.S. Phase 1 clinical trial across Dose Levels 1 and 2 (1 and 2 x 106 CAR+ cells/kg) as of the data cutoff date of May 5, 2026. Ten of these patients were enrolled under the new gastrointestinal (GI) prophylaxis regimen including infliximab, vedolizumab and budesonide, along with a standardized safety management plan. Notably, the GI prophylaxis and standardized safety management plan reduced Grade > 2 diarrhea or colitis from 55% to 10% in patients without (N = 9) and with (N = 10) GI prophylaxis, respectively. These ten patients did not experience Grade ≥ 3 cytokine release syndrome (CRS) or immune effector cell-associated neurotoxicity syndrome (ICANS). No additional adverse events of interest have been identified. There was no difference observed in GCC-CAR+ cell expansion either in terms of maximum cell expansion or area under the curve in those patients who received GI prophylaxis and those who did not.

Dose escalation continues in the U.S. Phase 1 clinical trial; the maximum tolerated dose has not been determined.

Phase 1 Clinical Trial Amended to Phase 1/2 Design 

The U.S. Phase 1 clinical trial evaluating LYL273 in relapsed or refractory 3L+ mCRC has been amended to a Phase 1/2 design (CARABINER). The amended design enables seamless expansion into a potential pivotal single-arm Phase 2 trial once the recommended Phase 2 dose has been determined, subject to discussions with the U.S. Food and Drug Administration (FDA). New centers are being added to the trial in preparation for initiating the dose expansion portion of the Phase 1/2 trial.

The Phase 1 portion of the clinical trial includes four dose-escalation cohorts at Dose Levels 1 through 4 (1, 2, 3, 4 x 106 CAR+ cells/kg). Each dose-escalation cohort is designed to include three or six patients, with up to twenty-four patients across the four dose-escalation cohorts.

In addition to the existing 3L+ cohorts, the amendment adds new cohorts, including a second-line cohort and a cohort evaluating a combination strategy with radiotherapy. Up to sixty patients are expected to be enrolled across the new cohorts. The Phase 2 portion will expand enrollment at the recommended Phase 2 dose in an open-label, single-arm cohort.

Upcoming LYL273 Milestones

In the second half of 2026, additional Phase 1 clinical data, including clinical outcomes, and an End-of-Phase 1 meeting with the FDA are expected.

About Lyell Immunopharma, Inc.

Lyell is a late-stage clinical company advancing a pipeline of next-generation CAR T-cell therapies for patients with hematologic malignancies and solid tumors. To realize the potential of cell therapy for cancer, Lyell utilizes a suite of technologies to arm CAR T cells with enhancements needed to drive durable tumor cytotoxicity and achieve consistent and long-lasting clinical responses, including the ability to resist exhaustion, maintain qualities of durable stemness and function in the hostile tumor microenvironment. LyFE has commercial launch capability and is expected to have the capacity to manufacture more than 1,200 CAR T-cell doses per year. To learn more, please visit www.lyell.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding: Lyell’s intention for the amended ongoing U.S. Phase 1 trial to enable seamless expansion into a potential pivotal single-arm Phase 2 trial pending regulatory alignment; the potential clinical benefits and therapeutic potential of Lyell’s product candidates; Lyell’s expected timing for an End-of-Phase 1 meeting with the FDA and for reporting additional Phase 1 data, including clinical outcomes; the number of patients expected to be enrolled across the new cohorts of the amended ongoing U.S. Phase 1 trial; and the sufficiency of the capacity of LyFE to manufacture drug supply through potential commercial launch. These statements are based on Lyell’s current plans, objectives, estimates, expectations and intentions, are not guarantees of future performance and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, but are not limited to, risks and uncertainties related to: Lyell’s ability to successfully develop, manufacture and commercialize product candidates or its experiencing significant delays in doing so; Lyell’s dependence on the enrollment and retention of patients in its current and planned clinical trials for its product candidates; the potential for results of Lyell’s research, nonclinical studies or earlier clinical trials to not be predictive of future results; clinical development involving a lengthy and expensive process with uncertain outcomes; Lyell’s product candidates and technologies being based on novel technologies that are unproven and may not result in approvable or marketable products; significant adverse events, toxicities or other undesirable side effects associated with Lyell’s product candidates; Lyell facing substantial competition in a rapidly changing industry, which may result in others discovering, developing or commercializing products before or more successfully than it does; the complexity of manufacturing cellular therapies; Lyell’s ability to manufacture drug products for its clinical trials itself and any potential delays in further qualifying or in receiving regulatory approvals for any manufacturing facility or product candidates or in expanding its manufacturing capacity; Lyell’s reliance on third parties; implementation of Lyell’s strategic plans for its business and product candidates and Lyell’s realization of the expected benefits of such plans; RMAT and Fast Track designations may not actually lead to faster development, regulatory review or approval process, and do not assure ultimate FDA approval; the sufficiency of Lyell’s capital resources and need for additional capital to achieve its goals; and other risks, including those described under the heading “Risk Factors” in Lyell’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission on May 6, 2026. Forward-looking statements contained in this press release are made as of this date, and Lyell undertakes no duty to update such information except as required under applicable law.

Contact:

Pablo Fenton
Associate Director, Investor Relations and Corporate Communications
pfenton@lyell.com


FAQ

What safety improvement did Lyell (LYEL) report for LYL273 on June 8, 2026?

Lyell reported that gastrointestinal prophylaxis reduced Grade ≥2 diarrhea/colitis from 55% to 10% in LYL273-treated patients. According to Lyell, these 10 prophylaxis patients also experienced no Grade ≥3 cytokine release syndrome or ICANS while maintaining comparable GCC CAR T-cell expansion.

How many patients have received LYL273 in Lyell’s U.S. Phase 1 metastatic colorectal cancer trial (LYEL)?

Nineteen patients have been treated across Dose Levels 1 and 2 in the U.S. Phase 1 trial. According to Lyell, 10 of these patients received the gastrointestinal prophylaxis regimen and standardized safety management plan, while dose escalation to higher levels is still ongoing.

What is the design of Lyell’s amended Phase 1/2 CARABINER trial for LYL273 (LYEL)?

The CARABINER study now uses a Phase 1/2 design with four dose-escalation cohorts followed by Phase 2 expansion. According to Lyell, Phase 1 includes up to 24 patients, while added second-line and radiotherapy-combination cohorts may enroll up to 60 additional patients.

Has the maximum tolerated dose of LYL273 been reached in Lyell’s Phase 1 trial (LYEL)?

No, the maximum tolerated dose of LYL273 has not yet been determined. According to Lyell, dose escalation is continuing across planned dose levels from 1 to 4 x 106 CAR-positive cells per kilogram in the ongoing U.S. Phase 1 portion of the CARABINER trial.

What efficacy signal has LYL273 shown so far in metastatic colorectal cancer for Lyell (LYEL)?

LYL273 has previously shown a 50% overall response rate across Dose Levels 1 and 2 in third- or later-line patients. According to Lyell, these data came from the ongoing U.S. Phase 1 trial with an October 28, 2025 data cutoff in relapsed or refractory metastatic colorectal cancer.

What upcoming milestones did Lyell (LYEL) outline for the LYL273 program in 2026?

Lyell expects additional Phase 1 clinical data, including clinical outcomes, in the second half of 2026. According to Lyell, an End-of-Phase 1 meeting with the U.S. Food and Drug Administration is also planned in that same timeframe to discuss Phase 2 development.

How does gastrointestinal prophylaxis affect LYL273 CAR T-cell expansion in Lyell’s trial (LYEL)?

Gastrointestinal prophylaxis did not change GCC CAR T-cell expansion kinetics in treated patients. According to Lyell, there was no observed difference in maximum expansion or area under the curve between patients who received prophylaxis and those who did not in the Phase 1 study.