Cartesian Therapeutics Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for Descartes-08 for the Treatment of Myasthenia Gravis [Yahoo! Finance]
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Cartesian Therapeutics, Inc. (RNAC)
Company Research
Source: Yahoo! Finance
GAITHERSBURG, Md., May 22, 2024 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a clinical-stage biotechnology company pioneering mRNA cell therapy for autoimmune diseases, today announced that the U.S. Food and Drug Administration (“FDA”) has granted Regenerative Medicine Advanced Therapy (“RMAT”) designation for Descartes-08 for the treatment of myasthenia gravis (“MG”). Descartes-08, the Company's lead product candidate, is an autologous mRNA CAR-T directed against the B cell maturation antigen (“BCMA”) initially being developed for the treatment of MG, a chronic autoimmune disorder that causes disabling muscle weakness and fatigue. “Receipt of RMAT designation underscores our belief that Descartes-08, our potential first-in-class mRNA CAR-T cell therapy, could serve as a meaningful addition to the MG treatment landscape,” said Carsten Brunn, Ph.D., President and Chief Executive Officer of Cartesian. “We look forward to working closely with the
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News
- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $50.00 price target on the stock.MarketBeat
- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $54.00 price target on the stock.MarketBeat
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- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $50.00 price target on the stock.MarketBeat
RNAC
Earnings
- 5/8/24 - Miss
RNAC
Sec Filings
- 6/17/24 - Form 8-K
- 5/22/24 - Form 8-K
- 5/10/24 - Form SC
- RNAC's page on the SEC website