STOCK TITAN

Celldex Phase 3 barzolvolimab CSU trials succeed

Celldex Therapeutics, Inc. (CLDX) reported positive topline results from its two global Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 trials of barzolvolimab in chronic spontaneous urticaria patients inadequately controlled by H1‑antihistamines.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Celldex Therapeutics, Inc. (CLDX) reported positive topline results from its two global Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 trials of barzolvolimab in chronic spontaneous urticaria patients inadequately controlled by H1‑antihistamines. Both trials met the primary endpoint of mean change from baseline in weekly urticaria activity score (UAS7) at Week 12, and all key secondary endpoints, with clinically meaningful and statistically significant improvements versus placebo. In EMBARQ‑CSU1, barzolvolimab 150 mg every 4 weeks produced a least-squares mean UAS7 change of −20.2 at Week 12 from a baseline of 30.6, compared with −10.7 on placebo from a baseline of 30.9. Complete response (UAS7=0) at Week 12 reached 42.4% on 150 mg in EMBARQ‑CSU1 versus 9.3% on placebo, and 55.3% in omalizumab‑refractory patients on 150 mg. Barzolvolimab was reported as well‑tolerated through the 24‑week placebo‑controlled period with a safety profile consistent with prior Phase 2 data. Celldex plans to submit a Biologics License Application for barzolvolimab in CSU in 2027.

Positive

  • Both Phase 3 CSU trials met primary and all key secondary endpoints, showing clinically meaningful and statistically significant improvements in UAS7 and other measures versus placebo.
  • High complete response rates were observed, including 42.4% UAS7=0 at Week 12 on barzolvolimab 150 mg in EMBARQ‑CSU1 versus 9.3% on placebo, and 55.3% in omalizumab‑refractory patients.
  • Favorable safety profile was reported, with barzolvolimab well‑tolerated through 24 weeks and safety consistent with prior Phase 2 experience.
  • Regulatory path clarified, as Celldex plans to submit a Biologics License Application for barzolvolimab in CSU in 2027.

Negative

  • None.

Filing Explained

The September 22, 2026 filing reports topline Phase 3 results, but the EMBARQ-CSU studies remain ongoing, with treatment continuing through 52 weeks; the disclosed clinical program is therefore not yet complete.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Baseline UAS7 (Placebo, EMBARQ-CSU1) 30.9 Baseline weekly urticaria activity score for placebo arm in EMBARQ‑CSU1
UAS7 LS Mean Change at Week 12 (Placebo, EMBARQ-CSU1) −10.7 Least-squares mean UAS7 change at Week 12 for placebo in EMBARQ‑CSU1
Baseline UAS7 (150 mg Q4W, EMBARQ-CSU1) 30.6 Baseline weekly urticaria activity score for barzolvolimab 150 mg Q4W in EMBARQ‑CSU1
UAS7 LS Mean Change at Week 12 (150 mg Q4W, EMBARQ-CSU1) −20.2 Least-squares mean UAS7 change at Week 12 for 150 mg Q4W in EMBARQ‑CSU1
Complete Response Rate UAS7=0 at Week 12 (150 mg Q4W, EMBARQ-CSU1) 42.4% Proportion of patients with complete response at Week 12 on 150 mg Q4W
Complete Response Rate UAS7=0 at Week 12 (Placebo, EMBARQ-CSU1) 9.3% Proportion of patients with complete response at Week 12 on placebo
Complete Response Rate UAS7=0 at Week 12 (Omalizumab-Refractory, 150 mg Q4W) 55.3% Proportion of omalizumab‑refractory CSU patients with complete response at Week 12
Patients Randomized in EMBARQ-CSU Program 1,939 patients Total randomized across EMBARQ‑CSU1 (963) and EMBARQ‑CSU2 (976)
weekly urticaria activity score (UAS7) medical
"primary endpoint of mean change from baseline in weekly urticaria activity score (UAS7)"
Complete Response (UAS7=0) medical
"Given the importance of Complete Response (complete absence of itch and hives)"
omalizumab refractory medical
"including those with severe disease or angioedema, and those whose disease is refractory to omalizumab"
Omalizumab refractory describes a condition in which a patient's disease does not improve after treatment with omalizumab, a targeted antibody drug that blocks allergy-related immune signals. For investors, this signals an unmet medical need and a defined patient population that may require alternative therapies, affecting the potential market size, clinical trial design, and commercial opportunity for drugs aimed at those who do not respond to omalizumab.
Biologics License Application (BLA) regulatory
"plans to submit a Biologics License Application (BLA) to the FDA in 2027"
A biologics license application (BLA) is a formal request to a government agency seeking approval to sell a biological medicine, such as vaccines or gene therapies, in the market. It is similar to a detailed report that proves the product is safe, effective, and manufactured properly. For investors, a BLA signifies a critical step toward commercial availability, often impacting a company's valuation and market prospects.
Phase 3b long term extension study (LTE) medical
"A global Phase 3b long term extension study (LTE) has been established"
mast cells medical
"targets mast cells by binding with high specificity to a unique part of the KIT receptor"
Mast cells are immune cells that sit in tissues as local “alarm systems,” releasing chemicals such as histamine when they detect injury or allergens, which causes swelling, itching and other inflammatory responses. Investors watch them because drugs or tests that block or measure mast cell activity can treat allergies, asthma, autoimmune conditions and some aspects of cancer, making them common targets for clinical trials, safety assessments and potential revenue streams.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Celldex (CLDX) announce about barzolvolimab in chronic spontaneous urticaria?

Celldex announced positive topline results from its Phase 3 EMBARQ‑CSU1 and EMBARQ‑CSU2 trials of barzolvolimab in chronic spontaneous urticaria, with both studies meeting the primary UAS7 endpoint at Week 12 and all key secondary endpoints and showing clinically meaningful, statistically significant improvements versus placebo.

How effective was barzolvolimab in reducing UAS7 scores in the EMBARQ-CSU1 trial?

In EMBARQ‑CSU1, barzolvolimab 150 mg every 4 weeks achieved an LS mean UAS7 change of −20.2 at Week 12 from a baseline of 30.6, compared with −10.7 on placebo from a baseline of 30.9, demonstrating substantially greater reduction in urticaria activity.

What complete response rates did Celldex (CLDX) report for barzolvolimab in CSU?

At Week 12 in EMBARQ‑CSU1, the complete response (UAS7=0) rate was 42.4% on barzolvolimab 150 mg versus 9.3% on placebo. In omalizumab‑refractory CSU patients, 150 mg produced a 55.3% complete response rate at Week 12.

How did barzolvolimab perform in patients with angioedema and AAS7>0?

In patients with baseline angioedema activity 0), the trials reported a 62.7% proportion with AAS7=0 at Week 12 on barzolvolimab 150 mg, compared with 33.8% and 33.7% on placebo in EMBARQ‑CSU1 and EMBARQ‑CSU2, respectively.

What are the safety findings for barzolvolimab reported by Celldex?

Barzolvolimab was reported as well‑tolerated through the 24‑week placebo‑controlled period, with a favorable safety profile described as consistent with prior Phase 2 experience, and the Phase 3 EMBARQ‑CSU studies are continuing treatment through 52 weeks.

When does Celldex plan to seek FDA approval for barzolvolimab in CSU?

Celldex stated that it plans to submit a Biologics License Application (BLA) in 2027 to the FDA for barzolvolimab in chronic spontaneous urticaria, following completion and analysis of the ongoing Phase 3 EMBARQ‑CSU program.

How large is the EMBARQ-CSU Phase 3 program for Celldex’s barzolvolimab?

The EMBARQ‑CSU Phase 3 program enrolled 1,939 patients, with 963 in EMBARQ‑CSU1 and 976 in EMBARQ‑CSU2, randomized evenly to barzolvolimab 150 mg every 4 weeks, 300 mg every 8 weeks, or placebo in the 24‑week placebo‑controlled period.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
false 0000744218 0000744218 2026-09-22 2026-09-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 22, 2026

 

Celldex Therapeutics, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   000-15006   13-3191702
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)

 

Perryville III Building, 53 Frontage Road, Suite 220

Hampton, New Jersey 08827

(Address of Principal Executive Offices) (Zip Code)

 

(908) 200-7500

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $.001 CLDX Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 8.01. Other Events.

 

On September 22, 2026, Celldex Therapeutics, Inc. issued a press release announcing results from its two Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 trials of Barzolvolimab in chronic spontaneous urticaria (CSU). A copy of this press release is attached hereto as Exhibit 99.1 hereto and is incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1 Press Release of Celldex Therapeutics, Inc., dated September 22, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Celldex Therapeutics, Inc.
   
Date: September 22, 2026 By: /s/ Sam Martin
    Sam Martin
    Senior Vice President and Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

 

Celldex Announces Positive Results from Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2
Studies of Barzolvolimab Which Met Primary and All Key Secondary Endpoints

 

·Best-in-disease results showed rapid, profound, sustained efficacy, supporting barzolvolimab’s potential to be a transformational therapy in CSU
·EMBARQ-CSU1 and -CSU2 met primary and all key secondary endpoints at 12 weeks across both studies and both dose groups
·Clinically meaningful and statistically significant benefit demonstrated in omalizumab refractory CSU and patients with severe disease or severe angioedema
·Efficacy sustained or deepened from weeks 12 to 24
·Well tolerated with a favorable safety profile through 24 weeks; consistent with prior studies
·Treatment will continue in both trials to 52 weeks; BLA submission anticipated in 2027
·Company to host webcast today at 8:00 am ET

 

HAMPTON, N.J., September 22, 2026 -- Celldex (NASDAQ:CLDX) today reported positive topline results from the Company’s Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 trials evaluating two doses of barzolvolimab in patients with chronic spontaneous urticaria (CSU) whose symptoms are inadequately controlled by H1-antihistamines. The EMBARQ-CSU1 and EMBARQ-CSU2 studies are the largest program conducted in antihistamine refractory CSU, including patients with advanced therapy experienced/refractory CSU. Both Phase 3 trials met the primary endpoint of mean change from baseline in weekly urticaria activity score (UAS7) at Week 12, and all key secondary endpoints, demonstrating clinically meaningful and statistically significant improvements in disease activity. Barzolvolimab was well-tolerated through the 24 week placebo controlled treatment period with a favorable safety profile consistent with prior Phase 2 experience. The EMBARQ-CSU trials are ongoing, with treatment continuing through 52 weeks. The Company intends to present the EMBARQ-CSU data at an upcoming medical meeting and plans to submit a Biologics License Application (BLA) to the FDA in 2027.

 

“We are proud of the results shared today and believe that barzolvolimab has the potential to address the enormous unmet need in CSU,” said Diane Young, MD, Senior Vice President and Chief Medical Officer of Celldex. “Barzolvolimab continued to show unprecedented complete response rates across the overall studies and demonstrated strong differentiation in patient populations underserved by existing therapies, including those with severe disease or angioedema, and those whose disease is refractory to omalizumab. We believe that barzolvolimab can be a transformational therapy for people living with CSU and thank the CSU community, trial participants, and investigators around the world for their support of the EMBARQ-CSU trials and the entire barzolvolimab clinical program.”

 

"The results from our two Phase 3 EMBARQ-CSU trials showed efficacy that is best-in-disease in CSU,” said Anthony Marucci, Co-Founder, President, and Chief Executive Officer at Celldex. “We believe barzolvolimab is well-positioned to address large CSU populations of high unmet need—as a first-line therapy for patients with severe CSU or angioedema, and as the second-line advanced therapy of choice. We look forward to continuing to grow our leadership in mast cell biology as we advance to our next stage of development—establishing a commercial-stage organization committed to delivering barzolvolimab to patients and physicians in need as quickly as possible.”

 

 

 

 

Summary of Key Findings 

Data cutoff: September 9, 2026

 

The Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 studies demonstrated rapid, profound, sustained efficacy consistent with Phase 2 and unparalleled in CSU. Efficacy was sustained or deepened from weeks 12 to 24 across primary and all key secondary endpoints

 

 

Primary Endpoint: Mean Change from Baseline in UAS7 at Week 12:
  EMBARQ-CSU1 EMBARQ-CSU2
  Baseline UAS7 LS Mean Change (SE) at Week 12 Baseline UAS7 LS Mean Change (SE) at Week 12
Placebo 30.9 -10.7 (0.65) 29.3 -11.4 (0.64)
150 mg Q4W 30.6 -20.2 (0.64) (p<.00001) 29.7 -20.2 (0.63) (p<.00001)
300 mg Q8W 30.3 -20.5 (0.65) (p<.00001) 29.6 -19.7 (0.64) (p<.00001)

P-values are for LS Mean treatment difference versus placebo.

 

·The primary endpoint showed clinically meaningful and highly statistically significant improvement.

 

Key Secondary Endpoints: All key secondary endpoints in both EMBARQ-CSU trials were met at Week 12 with high statistical significance and were clinically meaningful.

 

Given the importance of Complete Response (complete absence of itch and hives) to patients and physicians, and barzolvolimab’s unique ability to drive sustained Complete Response, the Company is presenting UAS7=0 data observed at both 12 and 24 weeks.

 

Proportion of Patients with Complete Response (UAS7=0) at Weeks 12 and 24
  EMBARQ-CSU1 EMBARQ-CSU2
  12 Weeks
Placebo 9.3% 12.6%
150 mg Q4W 42.4% (p<.00001) 45.7% (p<.00001)
300 mg Q8W 42.1% (p<.00001) 44.0% (p<.00001)
  24 Weeks
Placebo 15.4% 17.6%
150 mg Q4W 49.0% (p<.00001) 54.0% (p<.00001)
300 mg Q8W 45.1% (p<.00001) 48.4% (p<.00001)

P-values are based on adjusted odds ratio of logistic regression models.

 

·Significantly more patients achieved Complete Response (UAS7=0) with both barzolvolimab doses vs. placebo at Weeks 12 and 24.

 

 

 

 

Proportion of Patients with Complete Response (UAS7=0) at Week 12 in Omalizumab-Refractory CSU

 

  EMBARQ-CSU1 EMBARQ-CSU2
Placebo 9.3% 15.1%
150 mg Q4W 55.3% (p<.00001) 41.7% (p=.0089)
300 mg Q8W 44.3% (p=.00017) 46.4% (p=.0036)

P-values are based on adjusted odds ratio of logistic regression models.

 

·A higher proportion of patients achieved Complete Response (UAS7=0) vs placebo at Week 12 in the sub-population of patients with CSU refractory to omalizumab.

 

Proportion of Patients with AAS7=0 at Week 12 in Patients with Baseline AAS7>0
  EMBARQ-CSU1 EMBARQ-CSU2
Placebo 33.8% 33.7%
150 mg Q4W 62.7% (p<.00001) 74.3% (p<.00001)
300 mg Q8W 66.3% (p<.00001) 66.2% (p<.00001)

P-values are based on adjusted odds ratio of logistic regression models.

 

·A statistically higher proportion of patients achieved complete resolution of angioedema (AAS7=0) at Week 12 vs. placebo in patients with baseline AAS7>0.

 

 

Barzolvolimab was well-tolerated and demonstrated a favorable safety profile consistent with prior experience through the end of the placebo controlled period at Week 24.

 

The Phase 3 EMBARQ-CSU1 and CSU2 studies are ongoing. A BLA submission is planned for 2027.

 

The Phase 3 Program is designed to establish the efficacy and safety of barzolvolimab in adult patients with CSU who remain symptomatic despite H1 antihistamine treatment. Both Phase 3 trials are randomized, double-blind, placebo-controlled, parallel group, global studies. 1,939 patients were randomized (n=963 EMBARQ-CSU1; n=976 EMBARQ-CSU2) evenly to barzolvolimab 150 mg every 4 weeks (following 300 mg loading dose), barzolvolimab 300 mg every 8 weeks (following 450 mg loading dose) for 52 weeks or placebo for 24 weeks. At 24 weeks, patients on placebo were re-randomized to active treatment across both dosing groups. The primary endpoint of the study evaluated the clinical effect of barzolvolimab in reducing urticaria activity (weekly urticaria activity score; UAS7) at Week 12. The studies were designed to detect a clinically meaningful difference between each of the active arms vs placebo in the overall population as well as in the subpopulation of omalizumab refractory participants. The primary endpoint analysis was performed when all patients completed the placebo controlled portion of the study at 24 weeks. A global Phase 3b long term extension study (LTE) has been established and is ongoing, which patients can enter following completion of the EMBARQ-CSU Phase 3 trials.

 

Please visit clinicaltrials.gov for additional information on EMBARQ-CSU1; NCT06445023 and EMBARQ-CSU2; NCT06455202.

 

 

 

 

Webcast and Conference Call  

 

The Company will host a conference call/webcast today to discuss the results at 8:00am ET. To access the live and archived webcast, please visit the Events section on the Investor Relations page of Celldex’s website. Parties interested in participating via telephone may register here to receive the dial-in numbers and unique PIN to seamlessly access the call. Otherwise, please access the listen-only webcast link. The archived webcast will be available for a limited time on the Company’s website.

 

About Barzolvolimab

 

Barzolvolimab is a humanized monoclonal antibody with a novel mechanism of action that targets mast cells by binding with high specificity to a unique part of the KIT receptor and potently inhibiting its activity. The KIT receptor is abundantly expressed by mast cells and critical for their function and survival. Mast cells are drivers of inflammatory responses such as hypersensitivity and allergic reactions and, in certain inflammatory diseases, such as chronic urticarias, mast cell activation plays a central role in the onset and progression of the disease. Based on data from robust, randomized, placebo controlled Phase 2 studies, barzolvolimab has significant potential as a first-in-class and best-in-disease treatment option for patients with chronic spontaneous urticaria (CSU), cold urticaria (ColdU) and symptomatic dermographism (SD). Barzolvolimab is currently being studied in Phase 3 studies in CSU and ColdU/SD and a Phase 2 study in atopic dermatitis (AD), with additional indications planned for the future.

 

About Celldex

 

Celldex is pioneering new horizons in immunology to deliver life-changing therapies. We are relentless in our pursuit of novel antibody-based treatments that engage the human immune system and directly affect critical pathways to improve the lives of patients with allergic, inflammatory and autoimmune disorders. Visit www.celldex.com.

 

 

 

 

Forward Looking Statement

 

This release contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are typically preceded by words such as “believes,” “expects,” “anticipates,” “intends,” “will,” “may,” “should,” or similar expressions. These forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct or that those goals will be achieved, and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, our ability to successfully complete research and further development and commercialization of Company drug candidates, including barzolvolimab (also referred to as CDX-0159) and CDX-622, in current or future indications; the uncertainties inherent in clinical testing and accruing patients for clinical trials; our limited experience in bringing programs through Phase 3 clinical trials; our ability to manage and successfully complete multiple clinical trials and the research and development efforts for our multiple products at varying stages of development; the availability, cost, delivery and quality of clinical materials produced by our own manufacturing facility or supplied by contract manufacturers, who may be our sole source of supply; the timing, cost and uncertainty of obtaining regulatory approvals, including the Company’s plan to submit a BLA in 2027; the failure of the market for the Company's programs to continue to develop; our ability to protect the Company's intellectual property; the loss of any executive officers or key personnel or consultants; competition; changes in the regulatory landscape or the imposition of regulations that affect the Company's products; our ability to continue to obtain capital to meet our long-term liquidity needs on acceptable terms, or at all, including the additional capital which will be necessary to complete the clinical trials that we have initiated or plan to initiate; and other factors listed under “Risk Factors“ in our annual report on Form 10-K and quarterly reports on Form 10-Q.

 

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. We have no obligation, and expressly disclaim any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise.

 

Company Contacts

 

Sarah Cavanaugh
Senior Vice President, Corporate Affairs & Administration
(508) 864-8337
scavanaugh@celldex.com

 

Elizabeth Higgins
Executive Director, Investor Relations & Corporate Communications
(857) 404-2088
ehiggins@celldex.com

 

 

 

Filing Exhibits & Attachments

4 documents

Keep reading