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CLDX
NASDAQ Life Sciences

Barzolvolimab Shows Sustained Efficacy, Disease Modification in Phase 2 Urticaria Data

feedReported by GlobeNewswire
Sentiment info
Positive
Importance info
9
Price
$29.545
Mkt Cap
$1.967B
52W Low
$14.4
52W High
$31.31
Market data snapshot near publication time

summarizeSummary

Celldex Therapeutics presented additional positive Phase 2 data for its lead asset, barzolvolimab, in Chronic Spontaneous Urticaria (CSU), Cold Urticaria (ColdU), and Symptomatic Dermographism (SD) at the AAAAI 2026 meeting. The data highlighted sustained off-treatment efficacy in CSU patients, with up to 41% achieving complete response seven months after their last dose, suggesting potential disease modification. This is a significant finding, as it implies a lasting impact beyond active treatment. This positive update follows the company's recent announcement of completed Phase 3 enrollment for barzolvolimab in CSU, as noted in the recent 10-K filing. The new data further strengthens barzolvolimab's profile as a potential 'first-in-class and best-in-disease' treatment, significantly de-risking the asset and enhancing its commercial prospects. Investors will now closely monitor the progress and eventual readout of the ongoing Phase 3 CSU trials.

At the time of this announcement, CLDX was trading at $29.55 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $2B. The 52-week trading range was $14.40 to $31.31. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.


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