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    Cellectis Reports Financial Results for First Quarter 2024

    5/28/24 4:30:00 PM ET
    $AZN
    $CLLS
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $AZN alert in real time by email

    •  Cellectis announced completion of the additional equity investment of $140M by AstraZeneca

    •  Cash position of $143 million as of March 31, 20241; cash runway projection into 20262

    •  Conference call and webcast scheduled for tomorrow, May 29, 2024 at 8:00AM ET / 2:00PM CET

    NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Cellectis (the "Company") (NASDAQ:CLLS), a clinical-stage biotechnology company using its pioneering gene editing platform to develop life-saving cell and gene therapies, today provided business updates and reported financial results for the three-month period ending March 31, 2024.

    "We are thrilled to have announced the closing of the additional equity investment of $140 million by AstraZeneca. This followed AstraZeneca's initial payment of $105 million, composed of a $80 million equity investment and a $25 million upfront payment under our research collaboration.

    "Following AstraZeneca's additional investment, we expect our cash runway to fund operations into 2026. We will continue to focus our efforts and expenses on advancing its core clinical trials BALLI-01, NATHALI-01 and AMELI-01, which remain wholly owned assets, while building, within our owned preclinical pipeline and in collaboration with AstraZeneca, the next generation of medicines to address areas of high unmet patient needs.

    "We strongly believe that gene edited cell and gene therapy products are revolutionizing medicine across a number of therapeutic areas and will become a large part of molecular medicine of the future," said André Choulika, Ph.D., Chief Executive Officer at Cellectis.

    __________________

    1 Cash position includes cash, cash equivalents, restricted cash and fixed-term deposits classified as current -financial assets. Restricted cash was $5 million as of March 31, 2024. Fixed-term deposits classified as current-financial assets was $15 million as of March 31, 2024.

    2 Cash runway includes the additional investment by AstraZeneca of $140 million, completed on May 3, 2024.



    Pipeline Highlights
     

    UCART Clinical Programs 

    • Cellectis continues to focus on the enrollment of patients in the BALLI-01 study (evaluating UCART22) in relapsed or refractory B-cell acute lymphoblastic leukemia (r/r B-ALL), in the NATHALI-01 study (evaluating UCART20x22) in relapsed or refractory B-cell non-Hodgkin lymphoma (r/r B-NHL), and in the AMELI-01 study (evaluating UCART123) in relapsed or refractory acute myeloid leukemia (r/r AML).
    • We expect to provide updates in the advancements of BALLI-01 and NATHALI-01 by year-end 2024.

    Partnerships

    Licensed Allogeneic CAR T-cell Development Programs 

    Anti-CD19 program

    Allogene's investigational oncology products utilize Cellectis technologies. Servier, which has an exclusive license to the anti-CD19 investigational products from Cellectis, has granted Allogene an exclusive sublicense to these products in the U.S., European Union and the United Kingdom.

    • Allogene announced the execution with Servier of an amendment to the sublicense to expand the licensed territory to the European Union and the United Kingdom.
    • Allogene announced that it continues to focus on the development of its investigational product cemacabtagene ansegedleucel, or cema-cel (previously known as ALLO-501A), as part of the first line (1L) treatment plan for LBCL patients who are at risk of relapse following 1L chemoimmunotherapy. Allogene announced that start-up activities for the ALPHA3 trial are ongoing with a planned study initiation in mid-2024.
    • Allogene further announced that enrollment is ongoing in the relapsed/refractory (r/r) CLL cohort of the Phase 1 ALPHA2 trial of cema-cel.

    Anti-CD70 program 

    The anti-CD70 program is licensed exclusively from Cellectis by Allogene and Allogene holds global development and commercial rights to this program.

    • Allogene announced that a Phase 1 data update of the ongoing TRAVERSE trial with ALLO-316 in RCC from approximately 20 patients with CD70 positive RCC is planned by YE 2024.

    Corporate Updates

    Collaboration and Investment Agreements with AstraZeneca 

    • On May 6, 2024, Cellectis announced the completion of the subsequent investment of $140M in Cellectis by AstraZeneca (NASDAQ:AZN).
    • AstraZeneca subscribed for 10,000,000 "class A" convertible preferred shares and 18,000,000 "class B" convertible preferred shares, in each case at a price of $5.00 per convertible preferred share, issued by the board of directors of Cellectis.
    • AstraZeneca owns approximately 44% of the share capital and 30% of the voting rights of the Company (based on the number of voting rights currently outstanding).

    Appointment

    • On May 2, 2024, Cellectis announced the appointment of Mr. Arthur Stril as Interim Chief Financial Officer, following the resignation of Bing Wang, Ph.D.
    • The appointment of Mr. Marc Dunoyer and Dr. Tyrell Rivers as members of the board of directors of Cellectis, decided by the extraordinary general meeting of the shareholders of Cellectis held on December 22, 2023, is effective as from May 3, 2024.

    Financial Results

    The interim condensed consolidated financial statements of Cellectis have been prepared in accordance with International Financial Reporting Standards, as issued by the International Accounting Standards Board ("IFRS").

    As from June 1, 2023 and the deconsolidation of Calyxt, which corresponded to the Plants operating segment, we view our operations and manage our business in a single operating and reportable segment corresponding to the Therapeutics segment. For this reason, we are no longer presenting financial measures broken down between our two reportable segments – Therapeutics and Plants. In the appendices of this Q1 2024 financial results press release, Calyxt's results are isolated under "Income (loss) from discontinued operations" for the 3-month period ended March 31, 2023, and are no longer included for the 3-month period ended March 31, 2024, due to the deconsolidation.

    Cash: As of March 31, 2024, Cellectis had $143 million in consolidated cash, cash equivalents, restricted cash and fixed-term deposits classified as current-financial assets. This compares to $156 million in consolidated cash, cash equivalents, restricted cash and fixed-term deposits classified as current-financial assets as of December 31, 2023. This $13 million decrease is mainly due to cash payments from Cellectis to suppliers of $13 million, including $9 million to R&D suppliers and $4 million to SG&A suppliers, wages, bonuses and social expenses paid of $15 million, the payments of lease debts of $3 million and the repayment of the "PGE" loan of $1 million, partially offset by the $16 million cash received from EIB pursuant to the disbursement of the €15 million Tranche B and $2 million of cash-in from our financial investments.

    With cash and cash equivalents of $123 million and a $15 million term deposit maturing in May 2024 classified as a current financial asset as of March 31, 2024, and taking into account the $140 million equity investment received on May 3, 2024 from AstraZeneca pursuant to the Subsequent Investment Agreement, the Company believes its cash and cash equivalents will be sufficient to fund its operations into 2026 and therefore for at least twelve months following the unaudited interim condensed consolidated financial statements' publication.

    Revenues and Other Income: Consolidated revenues and other income were $6.5 million for the three months ended March 31, 2024 compared to $3.6 million for the three months ended March 31, 2023. This $2.9 million increase between the three months ended March 31, 2023 and 2024 was mainly attributable to (i) recognition of a $4.4 million revenue in 2024 based on the progress of our performance obligation rendered under the first Research Plan of the JRCA with AZ Ireland while revenues recognized for the three months ended March 31, 2023 was immaterial, (ii) a decrease of research tax credit of $1.2 million due to a decrease of eligible expenses, and (iii) the recognition in the three-month periods ended March 31, 2023 of $0.3 million representing the portion of an initial payments from BPI corresponding to a grant pursuant to our grant and repayable advance agreement with BPI signed in March 2023.

    R&D Expenses: Consolidated R&D expenses were $22.3 million for the three months ended March 31, 2024, compared to $21.1 million for the three months ended March 31, 2023. R&D personnel expenses decreased by $0.3 million from $10.3 million in 2023 to $10.0 million in 2024 primarily due to a decrease in the average unit fair value of stock options and free share awards vesting between the two periods. R&D purchases, external expenses and other increased by $0.9 million (from $11.1 million in 2023 to $12.3 million in 2024) mainly related to increase in manufacturing activities to support our R&D pipeline.

    SG&A Expenses: Consolidated SG&A expenses were $5.1 million for the three months ended March 31, 2024 compared to $5.0 million for the three months ended March 31, 2023. SG&A personnel expenses are stable (from $2.1 million in 2023 to $2.1 million in 2024), with a $0.2 million increase in salaries being offset by a $0.2 million decrease in stock-based compensation expenses. SG&A purchases, external expenses and other increased by $0.1 million (from $2.9 million in 2023 to $3.0 million in 2024).

    Other operating income and expenses: Other operating income and expenses were a $0.0 million net income for the three months ended March 31, 2024 compared to a $0.6 million net expense for the three months ended March 31, 2023. Other operating income and expenses included costs related to a commercial litigation for $0.5 million in 2023, whereas no significant item was recognized in 2024.

    Net financial gain (loss): We had a consolidated net financial gain of $26.3 million for the three months ended March 31, 2024, compared to a $4.4 million loss for the three months ended March 31, 2023. This $30.7 million difference reflects mainly (i) a $21.3 million gain in change in fair value of the Subsequent Investment Agreement derivative instrument, (ii) a $1.4 million increase in gain from our financial investments, (iii) a $1.4 million gain in change in fair value of our investment in Cibus, (iv) a $1.3 million gain in change in fair value of EIB warrants tranche A and B, (v) an increase in our net foreign exchange gain of $3.2 million and (vi) the loss in fair value measurement on Cytovia convertible note recognized in the three months period ended March 31, 2023 of $3.3 million, partially offset by a $0.8 million interest expense on EIB Tranche A and Tranche B loans.

    Net income (loss) from discontinued operations: Net loss from discontinued operations of $4.7 million for the three months ended March 31, 2023 corresponded to Calyxt's results. Since Calyxt has been deconsolidated since June 1, 2023, there is no longer any "Income (loss) from discontinued operations" for the three months ended March 31, 2024.

    Net Income (loss) Attributable to Shareholders of Cellectis: Consolidated net income attributable to shareholders of Cellectis was $5.6 million (or a $0.08 income per share) for the three months ended March 31, 2024, compared to a $30.1 million loss (or a $0.58 loss per share) for the three months ended March 31, 2023, of which $27.8 million was attributed to Cellectis continuing operations. This $38.2 million difference was primarily driven by (i) an increase in revenues and other income of $2.9 million, (ii) a decrease of $0.7 million in non-cash stock based compensation expense, (iii) a $30.7 million change from a net financial loss of $4.4 million to a net financial gain of $26.3 million and (iv) a decrease in net other operating expense of $0.6 million, and (v) a $2.5 million decrease in net loss from discontinued operations attributable to shareholders of Cellectis, partially offset by (i) an increase of $1.3 million in purchases, external expenses and other and (ii) an increase of $0.4 million in wages.

    Adjusted Net Income (Loss) Attributable to Shareholders of Cellectis: Consolidated adjusted net income attributable to shareholders of Cellectis was $6.5 million (or a $0.09 income per share) for the three months ended March 31, 2024, compared to a net loss of $28.1 million (or a $0.55 loss per share) for the three months ended March 31, 2023.

    Please see "Note Regarding Use of Non-IFRS Financial Measures" for reconciliation of GAAP net income (loss) attributable to shareholders of Cellectis to adjusted net income (loss) attributable to shareholders of Cellectis.

    We currently foresee focusing our cash spending at Cellectis for 2024 in the following areas:

    • Supporting the development of our pipeline of product candidates, including the manufacturing and clinical trial expenses of UCART22, UCART20x22, UCART123 and potential new product candidates, and
    • Operating our state-of-the-art manufacturing capabilities in Paris (France), and Raleigh (North Carolina, USA); and
    • Continuing strengthening our manufacturing and clinical departments.
     
    CELLECTIS S.A.

    STATEMENT OF CONSOLIDATED FINANCIAL POSITION (unaudited)

    ($ in thousands)
     
      As of
      December 31, 2023 March 31, 2024
    ASSETS     
    Non-current assets     
    Intangible assets 671  677 
    Property, plant, and equipment 54,681  52,051 
    Right-of-use assets 38,060  35,787 
    Non-current financial assets 7,853  7,870 
    Total non-current assets  101,265  96,386 
    Current assets     
    Trade receivables 569  16,036 
    Subsidies receivables 20,900  23,100 
    Other current assets 7,722  5,429 
    Current deferred tax assets   409 
    Cash and cash equivalent and Current financial assets 203,815  213,099 
    Total current assets  233,005  258,073 
    TOTAL ASSETS  334,270  354,459 
    LIABILITIES     
    Shareholders' equity     
    Share capital 4,365  4,376 
    Premiums related to the share capital 522,785  523,596 
    Currency translation adjustment (36,690) (37,243)
    Retained earnings (304,707) (405,808)
    Net income (loss) (101,059) 5,643 
    Total shareholders' equity - Group Share 84,695  90,566 
    Non-controlling interests 0  0 
    Total shareholders' equity 84,695  90,566 
    Non-current liabilities     
    Non-current financial liabilities 49,125  62,618 
    Non-current lease debts 42,948  40,587 
    Non-current provisions 2,200  2,241 
    Non-current deferred tax liabilities 158  0 
    Total non-current liabilities  94,431  105,446 
    Current liabilities     
    Current financial liabilities 5,289  5,174 
    Current lease debts 8,502  8,404 
    Trade payables 19,069  16,051 
    Deferred revenues and deferred income 110,325  120,556 
    Current provisions 1,740  960 
    Current deferred tax liabilities   137 
    Other current liabilities 10,219  7,165 
    Total current liabilities  155,144  158,447 
    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY  334,270  354,459 

     

     
    Cellectis S.A.

    UNAUDITED STATEMENTS OF CONSOLIDATED OPERATIONS

    ($ in thousands, except per share amounts)
     
      For the three-month period ended March 31,
      2023 2024
        
    Revenues and other income    
    Revenues 139  4,528 
    Other income 3,420  1,970 
    Total revenues and other income 3,559  6,498 
    Operating expenses    
    Research and development expenses (21,415) (22,324)
    Selling, general and administrative expenses (4,964) (5,104)
    Other operating income (expenses) (611) 35 
    Total operating expenses (26,990) (27,791)
         
    Operating income (loss) (23,431) (21,293)
         
    Financial gain (loss) (4,402) 26,275 
         
    Income tax  0  262 
    Income (loss) from continuing operations (27,833) 5,643 
    Income (loss) from discontinued operations (4,691) 0 
    Net income (loss) (32,525) 5,643 
    Attributable to shareholders of Cellectis (30,074) 5,643 
    Attributable to non-controlling interests (2,450) 0 
    Basic net income (loss) attributable to shareholders of Cellectis, per share ($/share) (0.58) 0.08 
    Diluted net income (loss) attributable to shareholders of Cellectis, per share ($/share) (0.58) (0.15) 
    Basic net income (loss) attributable to shareholders of Cellectis from discontinued operations, per share ($ /share) (0.04) 0.00 
         
    Diluted net income (loss) attributable to shareholders of Cellectis from discontinued operations, per share ($ /share) (0.04) 0.00 
         
    Number of shares used for computing    
    Basic 51,452,348  71,810,231 
    Diluted 51,452,348  103,093,741 
           

    Note Regarding Use of Non-IFRS Financial Measures

    Cellectis S.A. presents adjusted net income (loss) attributable to shareholders of Cellectis in this press release. Adjusted net income (loss) attributable to shareholders of Cellectis is not a measure calculated in accordance with IFRS. We have included in this press release a reconciliation of this figure to net income (loss) attributable to shareholders of Cellectis, which is the most directly comparable financial measure calculated in accordance with IFRS.

    Because adjusted net income (loss) attributable to shareholders of Cellectis excludes Non-cash stock-based compensation expense—a non-cash expense, we believe that this financial measure, when considered together with our IFRS financial statements, can enhance an overall understanding of Cellectis' financial performance. Moreover, our management views the Company's operations, and manages its business, based, in part, on this financial measure. In particular, we believe that the elimination of Non-cash stock-based expenses from Net income (loss) attributable to shareholders of Cellectis can provide a useful measure for period-to-period comparisons of our core businesses. Our use of adjusted net income (loss) attributable to shareholders of Cellectis has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under IFRS. Some of these limitations are: (a) other companies, including companies in our industry which use similar stock-based compensation, may address the impact of Non-cash stock- based compensation expense differently; and (b) other companies may report adjusted net income (loss) attributable to shareholders or similarly titled measures but calculate them differently, which reduces their usefulness as a comparative measure. Because of these and other limitations, you should consider adjusted net income (loss) attributable to shareholders of Cellectis alongside our IFRS financial results, including Net income (loss) attributable to shareholders of Cellectis.

     
    RECONCILIATION OF IFRS TO NON-IFRS NET INCOME (unaudited)

    ($ in thousands, except per share data)
     
      For the three-month period ended March 31,
      2023 2024
        
    Net income (loss) attributable to shareholders of Cellectis  (30,074) 5,643
    Adjustment:     
    Non-cash stock-based compensation expense attributable to shareholders of Cellectis 1,979  887
    Adjusted net income (loss) attributable to shareholders of Cellectis (28,095) 6,530
    Basic adjusted net income (loss) attributable to shareholders of Cellectis ($/share) (0.55) 0.09
    Basic adjusted net income (loss) attributable to shareholders of Cellectis from discontinued operations ($ /share)  (0.10) 0.00
         
    Weighted average number of outstanding shares, basic (units) 51,452,348  71,810,231
         
    Diluted adjusted net income (loss) attributable to shareholders of Cellectis ($/share) (0.55) (0.14)
    Diluted adjusted net income (loss) attributable to shareholders of Cellectis from discontinued operations ($/share)  (0.10) 0.00
         
    Weighted average number of outstanding shares, diluted (units) 51,452,348  103,093,741
          

    About Cellectis 

    Cellectis is a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. Cellectis utilizes an allogeneic approach for CAR-T immunotherapies in oncology, pioneering the concept of off-the-shelf and ready-to-use gene-edited CAR T-cells to treat cancer patients, and a platform to make therapeutic gene editing in hemopoietic stem cells for various diseases. As a clinical-stage biopharmaceutical company with over 24 years of experience and expertise in gene editing, Cellectis is developing life-changing product candidates utilizing TALEN®, its gene editing technology, and PulseAgile, its pioneering electroporation system to harness the power of the immune system in order to treat diseases with unmet medical needs.

    Cellectis' headquarters are in Paris, France, with locations in New York, New York and Raleigh, North Carolina. Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS). 

    Forward-looking Statements 

    This press release contains "forward-looking" statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "expect," "will," "believe," and "may", or the negative of these and similar expressions. These forward-looking statements are based on our management's current expectations and assumptions and on information currently available to management, including information provided or otherwise publicly reported by our licensed partners. Forward-looking statements include statements about the advancement, timing and progress of clinical trials, the timing of our presentation of clinical data, the potential of our clinical and preclinical programs, and the sufficiency of cash to fund operations. These forward-looking statements are made in light of information currently available to us and are subject to numerous risks and uncertainties, including with respect to the numerous risks associated with biopharmaceutical product candidate development. With respect to our cash runway, our operating plans, including product candidates development plans, may change as a result of various factors, including factors currently unknown to us. Furthermore, many other important factors, including those described in our Annual Report on Form 20-F and the financial report (including the management report) for the year ended December 31, 2023 and subsequent filings Cellectis makes with the Securities Exchange Commission from time to time, as well as other known and unknown risks and uncertainties may adversely affect such forward-looking statements and cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

    For further information on Cellectis, please contact: 

    Media contacts: 

    Pascalyne Wilson, Director, Communications, +33 (0)7 76 99 14 33, [email protected]

    Patricia Sosa Navarro, Chief of Staff to the CEO, +33 (0)7 76 77 46 93 

    Investor Relation contacts: 

    Arthur Stril, Interim Chief Financial Officer, +1 (347) 809 5980, [email protected]

    Ashley R. Robinson, LifeSci Advisors, +1 617 430 7577

    Attachment

    • 20240528_Q1 earnings press release_ENGLISH.pdf


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      6-K - ASTRAZENECA PLC (0000901832) (Filer)

      5/7/25 9:53:18 AM ET
      $AZN
      Biotechnology: Pharmaceutical Preparations
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    • SEC Form 6-K filed by Cellectis S.A.

      6-K - Cellectis S.A. (0001627281) (Filer)

      5/6/25 4:35:08 PM ET
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      Biotechnology: Pharmaceutical Preparations
      Health Care

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    Press Releases

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    • IMFINZI® (durvalumab) regimen demonstrated statistically significant and clinically meaningful improvement in disease-free survival for high-risk non-muscle-invasive bladder cancer in POTOMAC Phase III trial

      Patients lived significantly longer without high-risk disease recurrence or progression after one year of IMFINZI treatment plus Bacillus Calmette-Guérin (BCG) induction and maintenance therapy vs. BCG alone Positive high-level results from the POTOMAC Phase III trial showed one year of treatment with AstraZeneca's IMFINZI® (durvalumab) plus standard-of-care BCG induction and maintenance therapy demonstrated a statistically significant and clinically meaningful improvement in disease-free survival (DFS) for patients with high-risk non-muscle-invasive bladder cancer (NMIBC) compared to BCG induction and maintenance therapy alone.​ The trial was not statistically powered to formally test ov

      5/9/25 7:00:00 AM ET
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      Biotechnology: Pharmaceutical Preparations
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    • ENHERTU® (fam-trastuzumab deruxtecan-nxki) followed by THP before surgery showed statistically significant and clinically meaningful improvement in pathologic complete response in high-risk HER2-positive early-stage breast cancer in DESTINY-Breast11

      AstraZeneca and Daiichi Sankyo's ENHERTU followed by THP showed an improved safety profile vs. standard of care First Phase III trial to demonstrate benefit of ENHERTU in early breast cancer Positive high-level results from the DESTINY-Breast11 Phase III trial showed ENHERTU® (fam-trastuzumab deruxtecan-nxki) followed by paclitaxel, trastuzumab and pertuzumab (THP) demonstrated a statistically significant and clinically meaningful improvement in pathologic complete response (pCR) rate versus standard of care (dose-dense doxorubicin and cyclophosphamide followed by THP [ddAC-THP]) when used in the neoadjuvant setting (before surgery) in patients with high-risk, locally advanced HER2-positi

      5/7/25 7:00:00 AM ET
      $AZN
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • ENHERTU® Followed by THP Before Surgery Showed Statistically Significant and Clinically Meaningful Improvement in Pathologic Complete Response in Patients With High-Risk HER2 Positive Early-Stage Breast Cancer in DESTINY-Breast11 Phase 3 Trial

      Daiichi Sankyo and AstraZeneca's ENHERTU followed by THP showed an improved safety profile versus standard of care First phase 3 trial to demonstrate benefit of ENHERTU in early breast cancer Results will be shared with regulatory authorities Positive topline results from the DESTINY-Breast11 phase 3 trial showed ENHERTU® (trastuzumab deruxtecan) followed by paclitaxel, trastuzumab and pertuzumab (THP) demonstrated a statistically significant and clinically meaningful improvement in pathologic complete response (pCR) rate versus standard of care (dose-dense doxorubicin and cyclophosphamide followed by THP [ddAC-THP]) when used in the neoadjuvant setting (before surgery) in patients w

      5/7/25 2:30:00 AM ET
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      Biotechnology: Pharmaceutical Preparations
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    • Cellectis to Report First Quarter Financial Results on May 12, 2025

      NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Cellectis (the "Company") (NASDAQ:CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, today announced that it will report financial results for the first quarter 2025 ending March 31, 2025 on Monday, May 12, 2025 after the close of the US market. The press release will be available in the Investors section of Cellectis' website: https://www.cellectis.com/en/investors/press-releases/ Cellectis will not host a conference call to discuss these results. Our investors relations team remains available for questions at [email protected]      About Cellectis  Ce

      5/6/25 4:30:00 PM ET
      $CLLS
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • AstraZeneca's Q1 2025 Financial Results

      Growth momentum and pipeline delivery set AstraZeneca on a strong trajectory towards 2030 ambition AstraZeneca: Revenue and EPS summary   Q1 2025 % Change       $m Actual CER1       - Product Sales 12,875 6 9       - Alliance Revenue 639 40 42       Product Revenue2 13,514 7 10       Collaboration Revenue 74 64 64       Total Revenue 13,588 7 10       Reported EPS ($) 1.88 34 32       Core3 EPS ($) 2.49 21 21       Key performance elements for Q1 2025 (Growth numbers at constant exchange

      4/29/25 2:00:00 AM ET
      $AZN
      Biotechnology: Pharmaceutical Preparations
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    • STAAR Surgical Announces Changes to Board of Directors

      STAAR Surgical Company (NASDAQ:STAA), the global leader in phakic IOLs with the EVO family of Implantable Collamer® Lenses (EVO ICL™) for vision correction, today announced changes to its Board of Directors. The Company announced that the Board appointed Louis E. Silverman, who served on the Company's Board from 2014-2022, as a director, effective April 24, 2025. The Company also announced that Aimee S. Weisner, who has served as a director since 2022, has chosen not to stand for re-election to the Board when her term expires at the Company's 2025 annual meeting of shareholders in June. In addition, the Company announced that Wei Jiang, who has served as a director since 2024, has agreed to

      4/24/25 5:00:00 PM ET
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