J&J hustles Legend’s promising BCMA CAR-T into PhI/II trial, winning an FDA green light to begin recruiting patients
After spending $350 million in cash to lay its hands on rights to Nanjing-based Legend Biotech’s promising BCMA CAR-T LCAR-B38M (JNJ-68284528), the pharma giant will now hustle it into an FDA-approved Phase Ib/II trial for multiple myeloma with an eye to snagging an accelerated OK.
The drug — under review in China — emerged from left field a year ago at ASCO, turning heads with extremely promising data that execs at rival bluebird bio dissed as a likely outcome of the patient population that was selected for the small study. J&J, though, went a long way to validating the program with its collaboration deal, helping make this one of the most closely-followed drugs in the industry pipeline, alongside bb2121 from bluebird and Celgene.
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