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Caribou Biosciences reports Q1 EPS (46c), consensus (41c)

Caribou Biosciences reports Q1 EPS (46c), consensus (41c)

Caribou had $345.9M in cash, cash equivalents, and marketable securities as of March 31, compared to $372.4M as of December 31, 2023. “We continue to focus on advancing four clinical-stage programs, including the parallel development of our lead allogeneic CAR-T cell therapy CB-010 in oncology and autoimmune diseases following our recent IND clearance in lupus,” said Rachel Haurwitz, PhD, Caribou’s president and chief executive officer. “Our clinical execution enables two clinical data readouts this year. At ASCO next month, we look forward to presenting initial dose expansion data for CB-010 in patients with second-line large B cell lymphoma. Additionally, by the end of this year we plan to present initial dose escalation data for CB-011 in relapsed or refractory multiple myeloma.”

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