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TScan Therapeutics Announces Positive Initial Data from Cohort C of Ongoing ALLOHA™ Phase 1 Study Evaluating TSC-101 in Patients with Heme Malignancies Undergoing Allogeneic Hematopoietic Cell Transplantation

(Very High)
(Positive)

TScan Therapeutics (Nasdaq:TCRX) reported initial Cohort C data from the ALLOHA™ Phase 1 study of TSC-101 in heme malignancy patients undergoing allo-HCT. Of 19 enrolled patients, 17 had successful manufacturing and 14 received a first infusion; 11/14 achieved complete donor chimerism within ~3 weeks. Safety remained generally well-tolerated and consistent with prior experience. TScan remains on track to enroll the first patient in the pivotal ALLOHA-2™ Phase 3 study this month and is hosting a virtual KOL event on June 22, 2026.

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Positive

  • Commercial-ready TSC-101 manufacturing success in 17 of 19 Cohort C patients (~90%)
  • 14 of 19 patients proceeded to allo-HCT and received a first TSC-101 infusion
  • 11 of 14 patients achieved complete donor chimerism within ~3 weeks after first infusion
  • All 5 patients assessed after a second TSC-101 infusion had complete chimerism
  • TSC-101 reported as generally well-tolerated with safety consistent with Cohort A
  • Company remains on track to begin pivotal Phase 3 ALLOHA-2 enrollment this month

Negative

  • None.

News Market Reaction – TCRX

-5.97% 1.9x vol
8 alerts
-5.97% Session close to close
-19.0% Trough in 6 hr 20 min
$62.40M Market Cap
1.9x Rel. Volume

In the Jun 22 session, TCRX declined 5.97%, reflecting a notable negative market reaction. Argus tracked a trough of -19.0% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -6.0% in the session following this news. A negative reaction despite positive news ...
Analysis

The stock moved -6.0% in the session following this news. A negative reaction despite positive news fits the pattern seen after some earlier ALLOHA readouts. Strong chimerism data and tolerability may be overshadowed by concerns about future funding needs or trial execution risk in a pivotal setting.

Key Figures

Complete donor chimerism: 11/14 patients Responders with decreasing recipient chimerism: 93% of patients Cohort C enrollment: 19 patients +5 more
8 metrics
Complete donor chimerism 11/14 patients Within ~3 weeks after first TSC-101 infusion in Cohort C
Responders with decreasing recipient chimerism 93% of patients Higher-risk Cohort C population treated with TSC-101
Cohort C enrollment 19 patients Total patients enrolled in ALLOHA Cohort C
Manufacturing success rate 17/19 (~90%) Commercial-ready TSC-101 manufacturing in Cohort C
Transplanted and first infusion 14/19 patients Cohort C patients who went to transplant and received first TSC-101 infusion
Second infusions completed 10/14 patients Cohort C patients receiving planned second TSC-101 infusion
NGS assay cut-off 0.2% Alloheme high-sensitivity NGS assay threshold for chimerism
Durable chimerism follow-up 6 months post-HCT TP53 mutated AML patient remaining in complete donor chimerism

Previous Clinical trial Reports

3 past events · Latest: Dec 06 (Positive)
Same Type Pattern 3 events
Date Event Sentiment 24h Move Catalyst
Dec 06 ALLOHA data update Positive -7.4% Updated ALLOHA Phase 1 data with survival trends and FDA pivotal design agreement.
Dec 03 KOL event preview Positive +6.9% Announcement of KOL event to review ALLOHA data and pivotal trial plans.
Nov 05 Oral trial presentation Positive +4.1% Preliminary ALLOHA data showing no relapses in treatment arm and clean safety.

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

Pattern Detected

Clinical ALLOHA updates have produced mixed reactions, with two positive stock moves and one sharp selloff.

Key Terms

allogeneic hematopoietic cell transplantation, t cell receptor, tcr-t, ngs assay, +2 more
6 terms
allogeneic hematopoietic cell transplantation medical
"heme malignancies undergoing allogeneic hematopoietic cell transplantation (allo-HCT)."
Allogeneic hematopoietic cell transplantation is a medical procedure that replaces a patient’s blood-forming stem cells with healthy stem cells taken from a genetically matched donor. Think of it as replanting a damaged garden with soil and seeds from another plot to regrow a healthy crop; it can cure certain blood cancers and immune disorders but carries risks, complex logistics and high costs, so outcomes and supply issues can strongly affect clinical value, regulatory decisions and investor returns.
t cell receptor medical
"development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies"
A T cell receptor is a protein sensor on the surface of certain immune cells that recognizes small pieces of foreign or abnormal material, like fragments of a virus or a cancer cell, and helps trigger an immune response. Investors care because therapies and diagnostics that target or use these receptors act like reprogramming a security scanner to find specific threats, so success or failure in developing safe, effective T cell receptor–based drugs or tests can strongly affect a biotech company's value.
tcr-t medical
"T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment"
TCR‑T is a type of engineered cell therapy where a patient’s T cells are reprogrammed to carry specific T‑cell receptors that recognize fragments of disease proteins presented on the surface of cells. Think of it as giving immune cells a custom key to find and attack cells displaying a particular molecular “badge.” For investors, TCR‑T represents a high‑precision, potentially powerful treatment approach with significant commercial upside but also complex manufacturing, regulatory hurdles and safety risks that can affect development timelines and valuation.
ngs assay medical
"Chimerism data as observed by high sensitivity NGS assay (Alloheme) with assay cut-off"
An NGS assay is a laboratory test that uses next‑generation sequencing technology to read the order of DNA or RNA building blocks quickly and in large amounts—think of it as a high‑speed scanner that reads many pages of a genetic book at once. Investors care because these tests enable faster, more detailed diagnosis, drug target identification and monitoring, which can drive sales, partnerships and regulatory milestones in healthcare and biotech companies.
tp53 mutated aml medical
"One patient with TP53 mutated AML remained in complete donor chimerism"
tp53 mutated aml is acute myeloid leukemia in which the TP53 gene—a key part of a cell’s internal “guardian” system that helps control growth and repair—has been altered, causing the cancer to behave more aggressively and resist standard therapies. Investors watch this subtype because it creates a clear need for new, effective treatments, shapes clinical trial results and approval chances, and can greatly affect the market potential and valuation of companies developing targeted or novel therapies.
kol event technical
"The Company will host a virtual KOL event featuring Ran Reshef, M.D., M.Sc."
A KOL event is a meeting, presentation or advisory session where leading clinicians, researchers or other trusted experts discuss a company’s clinical data, treatments or strategic plans. For investors it matters because these gatherings can shape professional opinion, influence how medicines are adopted or regulated, and generate news or expectations that can change sales forecasts and stock sentiment — like respected reviewers affecting consumer demand.

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

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11 of 14 patients dosed had complete donor chimerism within ~three weeks of receiving first infusion of TSC-101; an additional two had improving chimerism following TSC-101

TSC-101 continues to be well-tolerated

Company remains on track to enroll their first patient in the Phase 3 ALLOHA-2™ study of TSC-101 this month

Company to host virtual KOL event featuring Ran Reshef, M.D., M.Sc., today, June 22, at 8:30 a.m. ET

WALTHAM, Mass., June 22, 2026 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today presented data from Cohort C of the ongoing ALLOHA™ Phase 1 study, evaluating TSC-101 generated with the commercial-ready manufacturing process, in patients with heme malignancies undergoing allogeneic hematopoietic cell transplantation (allo-HCT).

“These data provide important support for our commercial-ready manufacturing process and reinforce our confidence in the consistency and quality of the product candidate being delivered to patients,” said Gavin MacBeath, Ph.D., Chief Executive Officer. “We are very encouraged by the 11 of 14 patients who showed complete donor chimerism approximately three weeks after their first infusion as well as the complete chimerism seen in all 5 patients who were assessed after their second infusion of TSC-101. Furthermore, even in a higher-risk patient population when compared to patients in Cohort A and our control arm, 93% of patients responded to TSC-101 with decreasing recipient chimerism. Taken together, these findings support our planned transition into the pivotal Phase 3 study of TSC-101 this month. We look forward to advancing further development of TSC-101 with the goal of preventing relapse following allo-HCT and improving outcomes for these patients."

“The initial results from Cohort C continue to exhibit strong clinical efficacy while maintaining a positive safety profile in patients receiving TSC-101 after their standard of care allo-HCT,” said Chrystal U. Louis, M.D., Chief Medical Officer. “This cohort enrolled ahead of schedule and highlights the strong investigator engagement and growing interest in the TSC-101 clinical development program. As relapse remains a leading cause of death following allo-HCT, we are encouraged by the potential of TSC-101 to address residual disease and thereby improve long-term outcomes for patients with heme disorders.”

Key Data Highlights

  • 19 patients were enrolled in Cohort C:
    • ~90% manufacturing success rate (17/19) with commercial-ready process
    • 14/19 patients went to transplant and received their first infusion of TSC-101
      • 10/14 patients have received their planned second infusion, and 1/14 patients received a third infusion
    • 3/19 patients did not proceed to transplant due to clinical reasons
  • Chimerism data as observed by high sensitivity NGS assay (Alloheme) with assay cut-off of 0.2%:
    • 11 of 14 patients achieved complete donor chimerism within ~3 weeks of receiving their first infusion of TSC-101 and 2 of the remaining 3 patients are approaching complete donor chimerism
      • One patient with TP53 mutated AML remained in complete donor chimerism 6 months post-HCT
  • TSC-101 infusions were generally well-tolerated, safety was consistent with Cohort A, and observed adverse events were consistent with post-HCT adverse events.

Virtual Key Opinion Leader (KOL) Event

The Company will host a virtual KOL event featuring Ran Reshef, M.D., M.Sc., today, June 22, 2026, at 8:30 a.m. ET to discuss initial data from Cohort C of the ALLOHA™ Phase 1 study using its commercial-ready manufacturing process, as well as plans and expectations for initiating a pivotal Phase 3 study for TSC-101. The Company will also discuss follow-on product candidates and the market opportunity for the heme program. A replay of the webcast will be available following the call.

Dr. Reshef is the Professor of Medicine and Director of Translational Research, Blood and Marrow Transplantation Program, Director of the Cell Therapy Program at Columbia University Irving Medical Center. Details about attending the event can be found here.

About TScan Therapeutics, Inc.

TScan is a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer. The Company’s lead TCR-T therapy candidate is in development for the treatment of patients with hematologic malignancies to prevent relapse following allogeneic hematopoietic cell transplantation (the ALLOHA™ Phase 1 heme trial). The Company is also in early stages of developing methods for in vivo engineering to treat solid tumors. In addition, the Company is applying its target discovery platform to discover novel targets in various T cell-mediated autoimmune disorders.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, express or implied statements regarding the Company’s plans, progress, expectations, and timing relating to the Company’s hematologic malignancies program, including clinical updates of the ALLOHA™ Phase 1 heme trial, data from Cohort C and the implications of such results, presentation of data, enrollment and dosing of patients, clinical trial design and initiation of a pivotal Phase 3 trial for TSC-101; the potential benefits of any of the Company’s proprietary platforms or current or future product candidates in treating patients; and the Company’s goals and strategy. TScan intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “anticipate,” “project,” “target,” “design,” “estimate,” “predict,” “potential,” “plan,” “on track,” or similar expressions or the negative of those terms. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. The express or implied forward-looking statements included in this release are only predictions and are subject to a number of risks, uncertainties and assumptions, including, without limitation: the beneficial characteristics, safety, efficacy, therapeutic effects and potential advantages of TScan’s TCR-T therapy product candidates; TScan’s expectations regarding its preclinical studies or clinical trials being predictive of future clinical trial results; TScan’s approved INDs being indicative or predictive of bringing TScan closer to its goal of providing customized TCR-T therapies to treat patients with cancer; the timing of the launch, initiation, progress, expected results and announcements of TScan’s preclinical studies, clinical trials and its research and development programs; TScan’s ability to enroll patients for its clinical trials within its expected timeline; TScan’s plans relating to developing and commercializing its TCR-T therapy product candidates, if approved, including sales strategy; estimates of the size of the addressable market for TScan’s TCR-T therapy product candidates; TScan’s manufacturing capabilities and the scalable nature of its manufacturing process; TScan’s estimates regarding expenses, future milestone payments and revenue, capital requirements and needs for additional financing; TScan’s expectations regarding competition; TScan’s anticipated growth strategies; TScan’s ability to attract or retain key personnel; TScan’s ability to establish and maintain development partnerships and collaborations; TScan’s expectations regarding federal, state and foreign regulatory requirements; TScan’s ability to obtain and maintain intellectual property protection for its proprietary platform technology and our product candidates; the sufficiency of TScan’s existing capital resources to fund its future operating expenses and capital expenditure requirements; and other factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of TScan’s most recent Annual Report on Form 10-K and any other filings that TScan has made or may make with the SEC in the future. Any forward-looking statements contained in this release represent TScan’s views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, TScan explicitly disclaims any obligation to update any forward-looking statements.

Investor and Media Contact

Caileigh Dougherty
AVP, Head of Corporate Communications & Investor Relations
857-399-9890
cdougherty@tscan.com


FAQ

What initial results did TScan Therapeutics (TCRX) report from Cohort C of the ALLOHA Phase 1 TSC-101 study on June 22, 2026?

TScan reported encouraging initial Cohort C outcomes for TSC-101 in allo-HCT patients. According to TScan, 19 patients enrolled, 17 had successful product manufacturing, 14 received a first infusion, and early donor chimerism and safety findings supported advancement to a pivotal Phase 3 trial.

How many Cohort C patients achieved complete donor chimerism with TSC-101 in TScan Therapeutics' June 22, 2026 update (TCRX)?

According to TScan, 11 of 14 transplanted Cohort C patients achieved complete donor chimerism within about three weeks after their first TSC-101 infusion. Two of the remaining three were approaching complete donor chimerism based on a high-sensitivity NGS chimerism assay with a 0.2% cut-off.

What does the planned ALLOHA-2 Phase 3 trial of TSC-101 mean for TScan Therapeutics (TCRX) investors?

TScan plans to start the pivotal ALLOHA-2 Phase 3 trial of TSC-101 this month. According to TScan, remaining on track for first patient enrollment reflects confidence that Cohort C data support late-stage development aimed at preventing relapse after allo-HCT in heme malignancies.

How well was TSC-101 tolerated in Cohort C allo-HCT patients reported by TScan Therapeutics (TCRX) on June 22, 2026?

TSC-101 was generally well-tolerated in Cohort C, with safety consistent with earlier experience. According to TScan, observed adverse events matched typical post-transplant events, and the safety profile remained aligned with Cohort A in the ALLOHA Phase 1 study.

What manufacturing success rate did TScan Therapeutics (TCRX) achieve for commercial-ready TSC-101 in Cohort C of the ALLOHA study?

According to TScan, the commercial-ready manufacturing process for TSC-101 succeeded in 17 of 19 Cohort C patients, or about 90%. This manufacturing performance supported Cohort C enrollment and informed the company’s plans to advance into the pivotal ALLOHA-2 Phase 3 study.

How many TSC-101 infusions did Cohort C patients receive in TScan Therapeutics' ALLOHA Phase 1 trial update?

According to TScan, 14 patients received a first TSC-101 infusion, 10 completed their planned second infusion, and one patient received a third infusion. These dosing data help characterize TSC-101 use after standard-of-care allo-HCT in heme malignancy patients.

When is TScan Therapeutics' June 22, 2026 KOL event on TSC-101 ALLOHA Cohort C data, and what will it cover?

The virtual KOL event is scheduled for June 22, 2026, at 8:30 a.m. ET. According to TScan, it will review Cohort C ALLOHA data, outline plans for the pivotal ALLOHA-2 Phase 3 trial, and discuss follow-on heme program candidates and market opportunity.