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Cullinan Therapeutics (CGEM)

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Earnings summaries and quarterly performance for Cullinan Therapeutics.

Research analysts covering Cullinan Therapeutics.

Recent press releases and 8-K filings for CGEM.

Cullinan Therapeutics Presents Promising CLN-049 Clinical Data and Outlines Development Strategy
CGEM
New Projects/Investments
Guidance Update
  • Cullinan Therapeutics presented initial results for CLN-049, a FLT3 x CD3 bispecific T-cell engager, at ASH, demonstrating a composite CR rate of 31% in relapsed/refractory AML patients at the 12 mcg/kg dose level, with some responses lasting beyond four months.
  • The company secured Fast Track designation from the FDA for CLN-049 in relapsed/refractory AML, with current efficacy data meeting the benchmark for regulatory approval and enabling a clear pathway for accelerated approval via a single-arm study.
  • Cullinan plans to initiate initial expansion studies for CLN-049 in Q1 2026 for both all-comer and TP53 mutated AML patients, alongside a pivotal single-arm study for accelerated approval and a Phase I/II combination study in the frontline setting, all planned for 2026.
  • The company maintains a robust cash position of approximately $475 million as of the end of September, providing a financial runway into 2029.
Dec 9, 2025, 1:00 AM
CGEM Provides Update on CLN-049 and CLN-978 Clinical Programs
CGEM
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Cullinan Therapeutics (CGEM) announced that its FLT3 x CD3 bispecific T-cell engager, CLN-049, received Fast-Track designation from the FDA for relapse refractory Acute Myeloid Leukemia (AML).
  • Initial clinical data for CLN-049 in relapse refractory AML showed a composite CR rate of 31% at the 12 micrograms dose, with most responses durable beyond 16 weeks. The company plans to initiate the expansion phase in Q1 2026.
  • The company anticipates generating multiple value-creating milestones in the first half of 2026 for its CD19 x CD3 bispecific T-cell engager, CLN-978, with initial data from RA and lupus studies expected next year.
  • CGEM maintains a robust cash position of approximately $475 million as of the end of September 2025, providing a runway into 2029.
Dec 9, 2025, 1:00 AM
CGEM Reports Positive CLN-049 Phase 1 AML Data and Provides Financial Outlook
CGEM
New Projects/Investments
Guidance Update
  • CGEM presented promising Phase 1 clinical data for CLN-049, a FLT3xCD3 bispecific T cell engager, in relapsed/refractory (R/R) Acute Myeloid Leukemia (AML) and Myelodysplastic Syndromes (MDS) at ASH 2025. At the highest target dose of 12 µg/kg, CLN-049 achieved a 31% CR+CRh rate in heavily pre-treated R/R AML patients, with responses durable beyond 16 weeks. For TP53-mutated AML, the CR+CRh rate was 50% in the 12 µg/kg cohorts.
  • CLN-049 has U.S. FDA Fast Track designation in R/R AML, and expansion cohorts are planned to begin in early 2026. The company believes a single-arm Phase 2 study may be sufficient for accelerated approval, targeting a $1B+ commercial opportunity in the R/R AML segment alone.
  • As of September 30, 2025, CGEM held $475 million in cash and investments, which is projected to fund operations into 2029.
  • The company is also developing CLN-978 for autoimmune diseases, with initial Phase 1 data in SLE and RA anticipated in H1 2026.
Dec 9, 2025, 1:00 AM
Cullinan Therapeutics Highlights Positive CLN-049 Data and Future Milestones
CGEM
New Projects/Investments
  • Cullinan Therapeutics received Fast Track designation from the FDA for CLN-049 for the treatment of relapse refractory AML.
  • Initial clinical data for CLN-049 showed a composite complete response (CR) rate of 31% at the 12 micrograms dose, with the majority of responses durable beyond 16 weeks.
  • The company plans to initiate the expansion phase of the CLN-049 trial in Q1 2026, targeting completion by the end of 2026, with a regulatory pathway for accelerated approval in relapse refractory AML.
  • Cullinan Therapeutics anticipates generating multiple value-creating milestones for its CLN-978 program in the first half of 2026, including presenting initial data from RA and lupus studies.
  • The company reported a robust cash position of approximately $475 million as of the end of September 2025, providing a runway into 2029.
Dec 9, 2025, 1:00 AM
Cullinan Therapeutics Presents Positive CLN-049 Clinical Data in AML
CGEM
New Projects/Investments
  • Cullinan Therapeutics presented updated Phase 1 clinical data for its novel FLT3xCD3 bispecific T cell engager, CLN-049, in patients with relapsed/refractory (R/R) acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS) at the 67th ASH Annual Meeting on December 8, 2025.
  • As of the August 2025 data cutoff, CLN-049 demonstrated promising efficacy in heavily pretreated AML patients, including a 31% complete response (CR)/CRh rate at the highest target dose of 12 µg/kg (n=16). Notably, 50% (4/8) of patients with TP53 -mutated AML treated at this dose achieved a CR/CRh response.
  • The study also showed a favorable safety profile across all doses assessed, with the most common treatment-emergent adverse events being cytokine release syndrome (35.6%) and infusion-related reaction (33.3%), with nearly all CRS events limited to Grade 1 or 2.
  • CLN-049 recently received Fast Track designation from the U.S. FDA for R/R AML, and the company plans to continue dose escalation with expansion cohorts in early 2026.
Dec 8, 2025, 3:31 PM
Cullinan Therapeutics outlines pipeline priorities and cash runway
CGEM
Guidance Update
New Projects/Investments
Product Launch
  • Cullinan Therapeutics (CGEM) reported approximately $475 million in cash as of the end of September 2025, extending its cash runway into 2029.
  • The company has discontinued two programs, CLN-617 and CLN-619, to reallocate resources to priority programs.
  • CLN-978, a CD19 x CD3 T-cell engager for autoimmune diseases, is a key focus, with initial data for SLE and RA expected in H1 2026 and H2 2026, respectively.
  • CLN-049 for AML demonstrated a 30% composite complete response rate in an ongoing dose escalation study, with an oral presentation at ASH.
  • Partner Taiho is on track to submit the NDA for Zipalertinib by the end of 2025, which could provide $130 million in regulatory milestone payments and a 50/50 profit share in the US.
Nov 12, 2025, 1:00 PM
Cullinan Therapeutics Provides Pipeline and Financial Update at Healthcare Conference
CGEM
New Projects/Investments
Guidance Update
  • Cullinan Therapeutics is focusing its pipeline on first-in-class or best-in-class molecules for cancer and autoimmune diseases, including CLN-978 (CD19 x CD3 T-cell engager) and CLN-049 (FLT3 x CD3 T-cell engager), having recently discontinued two programs to optimize resource allocation.
  • The company reported $475 million in cash as of the end of September 2025, providing a cash runway into 2029.
  • Key upcoming catalysts include the NDA submission for zipalertinib by partner Taiho by the end of 2025, an oral presentation for CLN-049 at ASH, and initial data for CLN-978 in SLE in H1 2026 and RA in H2 2026.
  • CLN-049 demonstrated a 30% composite complete response rate in an ongoing dose escalation study for AML, with an oral presentation scheduled at ASH.
Nov 12, 2025, 1:00 PM
Cullinan Therapeutics Provides Pipeline Update, Financial Position, and Upcoming Milestones
CGEM
New Projects/Investments
Guidance Update
  • Cullinan Therapeutics (CGEM) reported approximately $475 million in cash as of the end of September 2025, providing a cash runway into 2029 following the discontinuation of two programs, CLN-617 and CLN-619, to reallocate resources.
  • The company is advancing CLN-978, a CD19 x CD3 T-cell engager for autoimmune diseases, with initial data from an SLE study expected in the first half of 2026 and an RA study in the second half of 2026.
  • For its oncology pipeline, CLN-049, a FLT3 x CD3 T-cell engager for AML, showed promising initial data with a 30% composite complete response rate in an ongoing dose escalation study and will have an oral presentation at ASH.
  • Cullinan's partner, Taiho, is on track to initiate the NDA submission for Zipalertinib (for NSCLC) by the end of 2025, which could provide $130 million in regulatory milestone payments and a 50/50 profit share in the US.
Nov 12, 2025, 1:00 PM
Cullinan Therapeutics Reports Q3 2025 Financial Results and Provides Pipeline Update
CGEM
Earnings
Guidance Update
New Projects/Investments
  • Cullinan Therapeutics reported $475.5 million in cash, cash equivalents, short- and long-term investments, and interest receivable as of September 30, 2025, with a projected cash runway into 2029.
  • For the third quarter ended September 30, 2025, the company recorded a net loss of $50.6 million, with research and development expenses at $42.0 million and general and administrative expenses at $13.6 million.
  • The company has discontinued the CLN-619 and CLN-617 programs to strategically focus resources on select clinical-stage programs.
  • Key pipeline updates include promising Phase 1 clinical data for CLN-049 in AML, demonstrating a ~30% CRc rate, which will be presented at ASH 2025. Initial data for CLN-978 in autoimmune diseases is expected in the first half of 2026, and partner Taiho plans to initiate a rolling NDA submission for zipalertinib by year-end 2025.
Nov 6, 2025, 12:00 PM
Cullinan Therapeutics to Present Positive CLN-049 Clinical Data at ASH Meeting
CGEM
New Projects/Investments
  • Cullinan Therapeutics will present new Phase 1 clinical data for CLN-049, a novel FLT3xCD3 bispecific T cell engager for relapsed/refractory (r/r) AML and MDS, at the 67th ASH Annual Meeting on December 8, 2025.
  • The data demonstrated compelling anti-leukemic activity, with a composite complete response (CRc) rate of 30% at target doses ≥6 µg/kg, and a CRc rate of 31% and overall response rate (ORR) of 69% at the highest target dose of 12 µg/kg.
  • CLN-049 showed a manageable safety profile and achieved responses regardless of FLT3 mutational status or baseline genetic risk, including in TP53-mutated AML patients.
Nov 3, 2025, 2:11 PM