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Tempest Announces Development Collaboration with Senlang Biotechnology for TPST-4003, a CD7-Targeted Next-Generation In Vivo CAR-T

(Positive)
Tags
partnership

Tempest Therapeutics (Nasdaq: TPST) announced a development collaboration with Hebei Senlang Biotechnology for TPST-4003, a next-generation in vivo CAR-T candidate that combines proprietary CD7-targeted mRNA/LNP delivery with a dual-target CD19/BCMA CAR construct for autoimmune and oncology applications.

According to Tempest, Senlang will run a first-in-human investigator-initiated trial in China in approximately 10 patients with myasthenia gravis or multiple sclerosis, with first dosing expected in Q4 2026. The study aims to generate initial safety, pharmacodynamic and cellular kinetics data, with early safety and PD readouts anticipated as soon as the first half of 2027. Senlang is responsible for trial coordination and execution in China and receives an exclusive option to negotiate a license for TPST-4003 in China.

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Positive

  • First-in-human IIT for TPST-4003 planned in ~10 MG/MS patients starting Q4 2026
  • Strategic collaboration with Senlang, leveraging its CD7-targeted CAR-T clinical experience in China
  • Early data timeline with initial safety and pharmacodynamic readouts expected by first half of 2027
  • China license option structure via Senlang’s exclusive right to negotiate TPST-4003 licensing

Negative

  • Small initial trial size of approximately 10 patients limits early data scope
  • Program remains early-stage, with only an initial investigator-initiated trial and no clinical efficacy data yet reported

Market reaction: TPST +5.00% on TPST-4003 partnership

+5.00% $1.00
15m delay
+5.00% Since News
+9.6% Peak Tracked
$1.00 Last Price
$0.94 $1.14 Day Range
+$725K Valuation Impact
$15.22M Market Cap
0.1x Rel. Volume

Following this news, TPST has gained 5.00%, reflecting a notable positive market reaction. Argus tracked a peak move of +9.6% during the session. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.00. This price movement has added approximately $725K to the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The stock is up +5.0% following this news. The prior partnership event, news_id 1025318, recorded a ...
Analysis

The stock is up +5.0% following this news. The prior partnership event, news_id 1025318, recorded a 0% 24-hour reaction. TPST-4003 now adds a China trial collaboration, while the active S-3 is a resale registration; low short positioning remains a sourced volatility consideration.

Key Figures

Initial trial size: approximately 10 patients First patient dosing: fourth quarter of 2026 Initial safety and PD data: first half of 2027
3 metrics
Initial trial size approximately 10 patients China investigator-initiated trial in MG or MS
First patient dosing fourth quarter of 2026 TPST-4003 first-in-human trial
Initial safety and PD data first half of 2027 Expected data from the first patients

Previous Partnership Reports

1 past event · Latest: Mar 11 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Mar 11 TPST-2003 partnership Positive +0.0% Manufacturing and technology-transfer partnership for planned TPST-2003 registrational study

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

Pattern Detected

The tag-specific record contains one prior partnership event with a 0% 24-hour reaction, providing limited apples-to-apples history.

Key Terms

in vivo CAR-T, mRNA/LNP, investigator-initiated trial, pharmacodynamic, +1 more
5 terms
in vivo CAR-T medical
"TPST-4003 is a next-generation in vivo CAR-T candidate"
In vivo CAR‑T is a cancer immunotherapy approach that delivers genetic instructions directly into a patient’s body so their own immune cells are reprogrammed on site to recognize and kill cancer cells, instead of removing and engineering those cells in a lab. For investors, it matters because this method could make CAR‑T treatments faster, cheaper and easier to scale—potentially expanding the market—but it also introduces different safety, manufacturing and regulatory risks that affect commercial viability.
mRNA/LNP technical
"CD7-targeted mRNA/LNP delivery with a dual-target CD19/BCMA CAR construct"
mRNA/LNP describes a therapeutic approach where messenger RNA (mRNA) molecules—genetic instructions that tell cells what protein to make—are packaged inside tiny fat-based carriers called lipid nanoparticles (LNPs). The LNPs protect the fragile mRNA and help it enter cells, like a sealed delivery envelope carrying a recipe into a kitchen. For investors, mRNA/LNP denotes a technology platform whose manufacturing, safety, regulatory path, and commercial potential can drive company value across vaccines and drugs.
investigator-initiated trial regulatory
"beginning with an investigator-initiated trial (IIT) in China"
A clinical study led and managed by an independent researcher or physician rather than the company that makes the drug or device; the investigator designs the protocol, runs the study at their site(s), and often controls the data even if the company supplies the product or funding. For investors, these trials can produce important third‑party validation or new uses for a product — like an independent test drive revealing strengths or limits — and their outcomes can change a product’s commercial and regulatory prospects.
pharmacodynamic medical
"generate clinical evidence of safety, pharmacodynamic (PD) activity"
Pharmacodynamic describes how a drug acts on the body — the biological effects it produces, how strong those effects are, and how long they last. For investors, pharmacodynamic data show whether a treatment actually works and at what dose, shaping expectations about a drug’s safety, effectiveness, regulatory success and market potential; think of it like testing how well a key turns a lock and whether it reliably opens the door.
CAR transgene copy number technical
"CAR transgene copy number"
The CAR transgene copy number is the count of inserted genetic copies that encode a chimeric antigen receptor (CAR) inside each modified cell used in CAR T or similar cell therapies. Think of it like how many copies of a recipe are put into each chef’s notebook—the more copies can change how strongly the cell behaves, affecting potency, safety and consistency. Investors care because copy number influences clinical results, manufacturing quality and regulatory review, all of which can affect a therapy’s development and commercial prospects.

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  • Tempest’s TPST-4003 is a next-generation in vivo CAR-T candidate combining proprietary CD7-targeted mRNA/LNP delivery with a dual-target CD19/BCMA CAR construct designed to enable broad B-cell lineage depletion and immune reset for autoimmune and oncology indications
  • Senlang Biotechnology, a clinical-stage cell therapy company with established expertise in CD7-targeted CAR-T development, will conduct a first-in-human investigator-initiated trial of TPST-4003 in approximately 10 patients with neurological autoimmune diseases, initially including myasthenia gravis and multiple sclerosis, with first patient dosing expected in the fourth quarter of 2026

BRISBANE, Calif., July 21, 2026 (GLOBE NEWSWIRE) -- Tempest Therapeutics, Inc. (Nasdaq: TPST) (“Tempest”), a clinical-stage biotechnology company developing a pipeline of advanced chimeric antigen receptor T-cell (“CAR-T”) product candidates, today announced a strategic partnership with Hebei Senlang Biotechnology Co., Ltd. (“Senlang”), a clinical-stage cell therapy company with extensive expertise in CD7-targeted CAR-T development and clinical translation. Under the agreement, Tempest and Senlang will collaborate to develop Tempest’s proprietary TPST-4003 product candidate, beginning with an investigator-initiated trial (“IIT”) in China evaluating TPST-4003 in approximately 10 patients with myasthenia gravis (“MG”) or multiple sclerosis (“MS”). The company expects first patient enrollment and dosing to occur in the fourth quarter of 2026.

The initial study is designed to generate clinical evidence of safety, pharmacodynamic (“PD”) activity, and therapeutic potential of TPST-4003, building on promising findings from related pipeline preclinical and clinical research. Under the agreement, Senlang will coordinate and support trial execution in China, leveraging its extensive experience in clinical development of advanced CAR-T therapies. Additionally, the agreement grants Senlang an exclusive option to negotiate and enter into a definitive license agreement for TPST-4003 in China.

“This collaboration represents an important step in developing TPST-4003,” said Matt Angel, Ph.D., President and Chief Executive Officer of Tempest. “Through this partnership, we plan to rapidly and efficiently advance into first-in-human studies to generate clinical evidence in support of our next generation in vivo CAR-T pipeline and platform technologies. We expect to begin dosing patients in the fourth quarter of this year with initial safety and PD data from the first patients expected as early as the first half of 2027.”

“Based on our extensive clinical-stage experience in CD7-targeted CAR-T therapies, we believe CD7 represents a highly attractive target for next-generation cell therapies,” said Shengmin Guo, Founder and Chief Executive Officer of Senlang Biotechnology. “We are excited to partner with Tempest to combine our CD7 expertise with Tempest’s innovative CD7-targeted mRNA/LNP delivery platform and clinically validated CD19/BCMA CAR architecture to advance TPST-4003 into first-in-human studies.”

The initial trial is expected to assess the safety, cellular kinetics and pharmacodynamic activity of TPST-4003 in patients with MG or MS. Key assessments are expected to include treatment-emergent adverse events; the generation and expansion of peripheral blood CD4+ and CD8+ CAR-T cells and CD56+ CAR-NK cells; CAR transgene copy number; and the depth and kinetics of CD19+ B-cell depletion and B-cell subset reconstitution. Where clinically appropriate, exploratory assessments may also include the detection of CAR-positive immune cells in cerebrospinal fluid and the evaluation of B-cell depletion in lymphoid tissue. Disease-specific clinical activity will be evaluated using established measures.

About TPST-4003

TPST-4003 is an in vivo dual-targeting CD19/BCMA CAR-T product candidate that combines proprietary CD7-targeted mRNA/LNP delivery with a clinically validated dual-target CAR architecture utilized in the company's TPST-2003 CAR-T program. Targeting broad B-cell lineage depletion and reset, TPST-4003 is being designed to address a range of autoimmune and oncology indications, initially including myasthenia gravis and multiple sclerosis. TPST-4003 differentiates from other in vivo CAR-T approaches through its CD7-targeted mRNA/LNP delivery strategy, which is designed to enable direct engagement of endogenous CD4+ and CD8+ T-cell populations for CAR generation in vivo.

About Tempest Therapeutics

Tempest is a clinical-stage biotechnology company pioneering a pipeline of next generation in vivo CAR-T cell therapies for autoimmune and oncology indications. Tempest’s immune reset technology is embodied in TPST-4003, the company’s lead in vivo CAR-T product candidate, which combines a dual-target CD19/BCMA CAR structure with the company’s proprietary CAR-T delivery platform to support broad B-cell lineage reset across multiple indications. The company’s additional preclinical programs leverage advanced payloads to create a modular in vivo CAR-T portfolio. Tempest envisions a world in which immune reset therapies bring safe, effective, and broadly accessible therapeutic options to patients in need. For additional information, visit Tempest’s website at https://www.tempesttx.com.

About Hebei Senlang Biotechnology

Hebei Senlang Biotechnology Co., Ltd., is a clinical-stage cell therapy company focused on next-generation CAR-T technologies, with specialized expertise in CD7-targeted CAR-T development. Senlang has established end-to-end capabilities spanning CAR design, vector and plasmid development, GMP manufacturing and clinical trial execution, and is currently advancing multiple CD7 CAR-T programs, including a pivotal CD7 CAR-T clinical trial for relapsed or refractory T-cell lymphoblastic lymphoma/leukemia (“T-LBL/ALL”).

Forward-Looking Statements

This press release contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, concerning Tempest. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the management of Tempest, as well as assumptions made by, and information currently available to, management of Tempest. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “could”, “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” “goal”, “suggest”, “target” and other similar expressions. All statements that are not historical facts are forward-looking statements, including but not limited to, statements regarding: Tempest’s collaboration with Senlang and the advancement, development, design and potential benefits of TPST-4003; the planned investigator-initiated trial of TPST-4003, including the expected patient population, indications, number of patients, timing of first patient enrollment and dosing, expected assessments and anticipated timing and nature of initial and interim clinical data; Senlang’s ability to conduct, coordinate and support the IIT and related development activities in China; the potential negotiation and entry into a definitive license agreement with Senlang for TPST-4003 in China, including the timing, terms and outcome of any such negotiations; the potential ability of TPST-4003 to enable broad B-cell lineage depletion and reset; the potential applicability of Tempest’s platform and product candidates across autoimmune and oncology indications; and Tempest’s ability to achieve its operational plans. All forward-looking statements in this press release are based on Tempest’s current expectations, estimates and projections about its industry as well as management’s current beliefs and expectations of future events only as of today and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to Tempest’s need for additional capital to fund its planned programs and operations and to continue to operate as a going concern; unexpected safety or efficacy data observed during preclinical or clinical trials; the possibility that results from prior clinical trials and preclinical studies may not necessarily be predictive of future results; past results may not be indicative of future results; clinical trial site activation or enrollment rates that are lower than expected; loss of key personnel; changes in expected or existing competition; changes in the regulatory environment; risks relating to volatility and uncertainty in the capital markets for biotechnology companies; and unexpected litigation or other disputes. These and other factors that may cause actual results to differ from those expressed or implied are discussed in greater detail in the “Risk Factors” section of Tempest's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (“SEC”) on March 30, 2026, and in other documents filed by Tempest from time to time with the SEC. Except as required by applicable law, Tempest undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Tempest’s views as of any date subsequent to the date of this press release and should not be relied upon as prediction of future events. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of Tempest.

Investor Contacts:

Sylvia Wheeler
Wheelhouse Life Science Advisors
swheeler@wheelhouselsa.com

Aljanae Reynolds
Wheelhouse Life Science Advisors
areynolds@wheelhouselsa.com


FAQ

What is Tempest Therapeutics TPST-4003 and how does it work?

TPST-4003 is a next-generation in vivo CAR-T candidate targeting CD7 using mRNA/LNP delivery. According to Tempest, it incorporates a dual CD19/BCMA CAR construct to enable broad B-cell lineage depletion and immune reset for autoimmune and oncology indications, pending clinical evaluation.

What did Tempest (TPST) announce about its collaboration with Senlang Biotechnology in July 2026?

Tempest announced a strategic collaboration with Hebei Senlang Biotechnology to develop TPST-4003. According to Tempest, Senlang will conduct a first-in-human investigator-initiated trial in China and holds an exclusive option to negotiate a license for TPST-4003 in the Chinese market.

When will the first-in-human TPST-4003 trial start and when are data expected for TPST?

First patient dosing in the TPST-4003 investigator-initiated trial is expected in the fourth quarter of 2026. According to Tempest, initial safety and pharmacodynamic data from the first patients could be available as early as the first half of 2027, subject to study progress.

How many patients and which diseases are included in the TPST-4003 Senlang trial for Tempest (TPST)?

The initial TPST-4003 investigator-initiated trial plans to enroll approximately 10 patients. According to Tempest, it will include individuals with neurological autoimmune diseases, initially myasthenia gravis and multiple sclerosis, to assess safety, pharmacodynamics and therapeutic potential in these indications.

What endpoints will the TPST-4003 trial with Senlang Biotechnology evaluate for Tempest Therapeutics?

The trial will assess safety, cellular kinetics and pharmacodynamic activity of TPST-4003. According to Tempest, key measures include treatment-emergent adverse events, CAR-T and CAR-NK cell expansion, CAR transgene copy number, B-cell depletion and reconstitution, plus disease-specific clinical activity using established scales.

What is the significance of CD7 targeting in Tempest’s TPST-4003 CAR-T program (TPST)?

CD7 is the target for TPST-4003’s in vivo CAR-T delivery platform. According to Tempest and Senlang, CD7 is viewed as an attractive antigen for next-generation cell therapies, enabling combination with Tempest’s CD19/BCMA CAR architecture to support immune reset strategies in autoimmune and oncology settings.