Allogene Therapeutics reported data from the planned interim futility analysis of its pivotal Phase 2 ALPHA3 trial for Cema-Cel in first-line consolidation of large B-cell lymphoma. An interim futility readout is a negative development for a clinical-stage biotech because it can signal weakening probability of success for the program. The article provides no efficacy results or regulatory decision, but the news is likely to pressure ALLO shares.
Allogene Therapeutics reported data from the planned interim futility analysis of its pivotal Phase 2 ALPHA3 trial for Cema-Cel in first-line consolidation of large B-cell lymphoma. An interim futility readout is a negative development for a clinical-stage biotech because it can signal weakening probability of success for the program. The article provides no efficacy results or regulatory decision, but the news is likely to pressure ALLO shares.
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