David Chang, Allogene CEO (Jeff Rumans)

Al­lo­gene hit with FDA clin­i­cal hold af­ter a pa­tient ex­pe­ri­ences 'ab­nor­mal­i­ty' in CAR-T cells — shares ham­mered

The FDA has slapped a clin­i­cal hold on Al­lo­gene’s clin­i­cal tri­als af­ter a pa­tient in one of their ear­ly-stage stud­ies for the off-the-shelf cell ther­a­py AL­LO-501A de­vel­oped a “chro­mo­so­mal ab­nor­mal­i­ty” in their CAR-T cells.

The biotech $AL­LO re­port­ed af­ter the mar­ket close on Thurs­day that ex­ec­u­tives plan to fol­low up in the com­ing weeks with reg­u­la­tors as the FDA con­sid­ers the biotech’s plan to take this drug in­to a piv­otal tri­al.

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