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Stock impact report

Arcellx's Anito-Cel: Compelling Opportunity As Potential Best-In-Class CAR-T Therapy For Multiple Myeloma [Seeking Alpha]

Arcellx, Inc. (ACLX) 
Company Research Source: Seeking Alpha
Arcellx leverages proprietary platforms like D-Domain, ddCAR, and ARC-SparX to enhance immune response, targeting multiple myeloma, AML, MDS, and solid tumors. ACLX's lead therapy, anito-cel, shows strong clinical results in relapsed/refractory multiple myeloma, even for high-risk patients. Arcellx's strategic partnership with Kite Pharma validates its technology, potentially leading to milestone payments of up to $935 million. Anito-cel's Phase 3 trial results are expected by yearend 2024, with a possible BLA submission in 2025, entering a $34.4 billion market. Despite a premium valuation, ACLX's strong pipeline, promising clinical data and strategic partnership with Gilead's Kite justify a "strong-buy" rating. Floaria Bicher/iStock via Getty Images Arcellx, Inc. ( NASDAQ: ACLX ) is a biotechnology company with innovative oncology CAR-T cell therapies. ACLX leverages proprietary platforms, including D-Domain, ddCAR, and ARC-SparX, to enhance the immune system's capabilit Show less Read more
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