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PRESS-RELEASE ·Filed Jun 2, 2026

LEGN

Legend Biotech USA Inc.
BULLISH
Impact 7/10
Horizondays Processed4mo ago WireGlobeNewswire
Press release · FDA
Actionable Insight ▲ Bullish

The EHA 2026 presentation on June 14 is the key catalyst — watch for additional efficacy durability and safety details. The small sample (n=12) and short follow-up limit conviction; a larger Phase 2/3 trial is needed to confirm. For now, this is a positive early signal for Legend's pipeline beyond CARVYKTI.

DirectionBullish
Confidencemedium
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
LEGN ▼ -43.00% at T+60d
LONG call ✗ call lost -43.00% · α vs SPY -44.12% · entry $36.28 → $20.68
Entry = T+0 close
Jun 2, 2026
via day close
T+1d
-0.83%
call -0.83% · α -0.13%
$35.98
settled 5mo ago
T+5d
-7.69%
call -7.69% · α -4.73%
$33.49
settled 5mo ago
T+20d
-17.61%
call -17.61% · α -16.05%
$29.89
settled 4mo ago
T+60d
-43.00%
call -43.00% · α -44.12%
$20.68
settled 2mo ago

Price Chart

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Executive Summary

Legend Biotech announced promising Phase 1 data for LB2501, an in vivo CD19/CD20 dual-targeting CAR-T therapy, showing 100% ORR and 83.3% CR at dose level 2 in relapsed/refractory B-NHL, with no DLTs or SAEs. The data will be presented at EHA 2026 (June 11-14), providing a near-term catalyst. This is an early-stage, small-sample (n=12) readout, but the novel off-the-shelf approach could expand CAR-T access if confirmed in larger trials.

Key Facts

  • Phase 1 data for LB2501 (in vivo CAR-T) shows 100% ORR (6/6) and 83.3% CR (5/6) at dose level 2 in R/R B-NHL
  • No DLTs, SAEs, ICANS, or Grade ≥3 CRS observed; all CRS ≤ Grade 2
  • CAR-T cells detected in peripheral blood for up to 116 days without lymphodepletion
  • Data to be presented at EHA 2026 late-breaking session on June 14, 2026
  • LB2501 is built on the proprietary TaVec lentiviral vector platform
  • Median follow-up at DL2 was only 2.2 months (range 2.0–3.8); durability is early

Financial Impact

No financial data provided; early-stage pipeline readout with no revenue impact. Potential market expansion for in vivo CAR-T if successful.

pipeline valuemarket access potential

Risk Factors

  • Very early-stage data (n=12, median follow-up 2.2 months) — durability and larger-sample results unknown
  • In vivo CAR-T is a novel modality with unproven long-term safety and manufacturing scalability
  • Competition from other in vivo CAR-T approaches (e.g., Capstan, Sana) and approved CAR-T products
  • No financial or regulatory milestones provided; clinical risk remains high

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
87% bullish (23 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3305321
27 reports for LEGN
Performance horizon
53% Hit rate @ T+20 9 of 17 directional calls Went positive at some point 15 of 19 best @ T+60▲ +83.95%Mar 10, 2026
Filters
Rows
Reports for LEGN — sortable, filterable
TypeNow
Oct 15, 2026
12d ago
6-K
BULLISH ★ 5/10
$19.80awaiting T+20—$21.56 (+8.89%)
Oct 13, 2026
14d ago
6-K
BULLISH ★ 6/10
$17.88awaiting T+20—$21.56 (+20.58%)
Sep 29, 2026
28d ago
144
NEUTRAL ★ 2/10
$18.82 $21.16▲ +12.41%▲ +11.75%$21.56 (+14.56%)
Sep 25, 2026
4w ago
6-K
BULLISH ★ 5/10
$19.11 $19.27▲ +0.84%▲ +2.31%$21.56 (+12.82%)
Sep 25, 2026
4w ago
Press Release
BULLISH ★ 5/10
$19.11 $19.27▲ +0.84%▲ +2.31%$21.56 (+12.82%)
Sep 15, 2026
6w ago
6-K
NEUTRAL ★ 3/10
$17.67 $17.88▲ +1.19%▼ −1.53%$21.56 (+22.01%)
Sep 14, 2026
6w ago
6-K
NEUTRAL ★ 3/10
$18.53 $17.80▼ −3.94%▼ −6.20%$21.56 (+16.35%)
Aug 11, 2026
11w ago
6-K
BULLISH ★ 7/10
$21.83 $19.91▼ −8.80%▼ −7.74%$21.56 (−1.24%)
Jul 27, 2026
13w ago
6-K
BEARISH ★ 6/10
$19.27 $20.94▼ −8.67%▼ −5.37%$21.56 (−11.88%)
Jul 27, 2026
13w ago
Press Release
NEUTRAL ★ 4/10
$19.27 $20.94▲ +8.67%▲ +5.37%$21.56 (+11.88%)
Showing 10 of 27

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Report published Jun 2, 2026