Selecta Biosciences Inc Trading Halted
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Selecta Biosciences Inc trading halted, volatility trading pause
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Analyst Views on RNAC
Wall Street analysts forecast RNAC stock price to rise
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 7.430
Low
16.00
Averages
35.00
High
44.00
Current: 7.430
Low
16.00
Averages
35.00
High
44.00
About RNAC
Cartesian Therapeutics, Inc. is a clinical-stage company pioneering cell therapy for the treatment of autoimmune diseases. It leverages its proprietary technology and manufacturing platform to introduce one or more mRNA molecules into cells to enhance their function. The Company’s lead asset, Descartes-08, is a chimeric antigen receptor T-cell therapy (CAR-T) entering Phase 3 clinical development for patients with generalized myasthenia gravis and Phase 2 development for systemic lupus erythematosus, with a Phase 2 basket trial planned in additional autoimmune indications. The Company’s clinical-stage pipeline also includes Descartes-15, a next-generation, autologous anti-B-cell maturation antigen (BCMA) CAR-T being evaluated in a Phase 1 trial in patients with multiple myeloma. Descartes-08 is an autologous chimeric antigen receptor T-cell therapy product targeting B-cell maturation antigen in clinical development for generalized myasthenia gravis and systemic lupus erythematosus.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Biotech Companies See Significant Stock Gains
- Regentis Stock Surge: Regentis Biomaterials Ltd. shares soared over 88% as the company prepares to commence European Surgeon Training for GelrinC in Q3 2026, accelerating its commercialization efforts in knee cartilage repair and enhancing its competitive edge in the market.
- Eloxx Uplisting Success: Eloxx Pharmaceuticals Inc. saw its stock rise more than 77% after uplisting to Nasdaq, with plans to issue 2.975 million shares at $11.00 each, expected to generate $66 million in revenue, supporting its clinical trials for Alport syndrome treatment.
- Alignment Healthcare Gains: Alignment Healthcare Inc. shares increased over 25% following disclosures of RSU grants to executives, with projected Q2 2026 revenues between $1.295 billion and $1.315 billion, indicating strong growth potential in the healthcare sector.
- Cartesian Strategic Licensing: Cartesian Therapeutics Inc. inked a strategic licensing deal with WestGene Biopharma to advance CAR-T therapies for autoimmune diseases, with a Phase 1 trial expected to start in 2H 2026, potentially driving innovation in this therapeutic area.
See More
Cartesian Therapeutics Licenses CAR-T Technology from WestGene Biopharma
- Stock Surge: Cartesian Therapeutics' stock jumped over 30% on Tuesday following the announcement of a licensing deal with WestGene Biopharma, reflecting strong market confidence in its CAR-T cell therapies.
- Clinical Trial Launch: Under the agreement, Cartesian will initiate a Phase 1 dose-escalation study to test the delivery of mRNA via WestGene's targeted lipid nanoparticles for patients with generalized myasthenia gravis, expected to start in H2 2026.
- Product Line Expansion: Cartesian plans to advance several next-generation anti-BCMA CAR constructs and a BCMA-directed T-cell engager as part of the deal, aiming to expand its mRNA payload pipeline and enhance its competitive position in the market.
- Strategic Collaboration Potential: CEO Carsten Brunn stated that positive clinical data will drive multiple autoimmune disease programs into U.S. clinical development, indicating that this collaboration has the potential to transform the treatment paradigm for cell therapy in autoimmune diseases.
See More
Cartesian Therapeutics Partners with WestGene for CAR-T Therapy Development
- Strategic Licensing Agreement: Cartesian Therapeutics has signed a strategic licensing agreement with WestGene Biopharma to advance the development of in vivo chimeric antigen receptor T-cell therapies for autoimmune diseases, further solidifying the company's leadership in autologous cell therapy.
- Clinical Trial Plans: The partnership will conduct a Phase 1 dose-escalation study of the mRNA used in Descartes-08, expected to initiate in the second half of 2026, with initial human data anticipated in the first half of 2027, showcasing potential therapeutic prospects for patients.
- Financial Arrangement: WestGene will receive an upfront payment and is eligible for potential development and commercial milestone payments, a financial structure that not only incentivizes the partnership but could also yield long-term benefits for Cartesian.
- Market Reaction: Cartesian's shares rose 15.74% to $6.78 in pre-market trading on Nasdaq, reflecting investor optimism regarding the collaboration and its future potential.
See More
Cartesian Partners with WestGene for mRNA CAR-T Development
- Strategic Licensing Agreement: Cartesian Therapeutics has entered into a strategic licensing agreement with WestGene Biopharma to leverage WestGene's LNP platform for advancing novel CAR-T therapies, with clinical trials expected to initiate in 2H 2026, marking a significant step in integrating their technologies.
- Clinical Trial Plans: The clinical trial targeting patients with myasthenia gravis is set to begin in 2H 2026 using the mRNA payload from Descartes-08, with clinical data anticipated in 1H 2027, which will provide crucial evidence for the application of CAR-T therapies in autoimmune diseases.
- Technological Advantages: WestGene's LNP platform has demonstrated favorable safety and tolerability across multiple dosing regimens, with robust CAR-T cell generation supporting the potential for long-term, multi-cycle administration, thereby enhancing Cartesian's competitive edge in cell therapy.
- Market Implications: This collaboration is expected to accelerate Cartesian's clinical development process and potentially transform treatment paradigms for autoimmune diseases, paving the way for the clinical application of multiple next-generation anti-BCMA CAR constructs, showcasing significant market potential and strategic importance.
See More
Cartesian Therapeutics Secures $150 Million Credit Facility
- Financing Agreement: Cartesian Therapeutics has entered into a credit facility agreement with K2 HealthVentures worth up to $150 million, securing an initial $50 million tranche that extends its cash runway into 2028, thereby supporting preparations for the commercial launch of its lead therapy, Descartes-08.
- Enhanced Financial Flexibility: This financing provides Cartesian with long-term capital to accelerate clinical programs and pre-launch activities, enabling the completion of pivotal trials, regulatory filings, and early commercialization, significantly enhancing the company's competitive position in treating myasthenia gravis and myositis.
- Upcoming Clinical Milestone: The company expects topline data from the pivotal Phase 3 AURORA trial of Descartes-08 in myasthenia gravis in Q1 2027, with a biologics license application (BLA) filing planned for mid-2027, laying the groundwork for subsequent market entry.
- Leadership Transition: Chief Medical Officer Miloš Miljkovic will step down for personal reasons, with Dr. Peter Traber continuing to oversee clinical development and regulatory preparations, ensuring leadership stability at a critical juncture.
See More
Cartesian Secures $150 Million Financing to Advance Clinical Programs
- Financing Support: Cartesian Therapeutics has entered into an agreement with K2 HealthVentures to secure up to $150 million in non-dilutive financing, with an initial $50 million tranche extending the cash runway into 2028, thereby enhancing the company's financial flexibility in advancing its clinical programs.
- Clinical Data Expectations: Topline data from the Phase 3 AURORA trial of Descartes-08 in myasthenia gravis (MG) is expected in Q1 2027, with a biologics license application (BLA) filing planned for mid-2027, laying the groundwork for product commercialization.
- Trial Progress: Data from the Phase 2 TRITON trial in myositis and the Phase 1/2 HELIOS trial in juvenile dermatomyositis are anticipated in the first half of 2027, which will guide pivotal trial pathways and address significant unmet medical needs.
- Management Changes: Chief Medical Officer Miloš Miljković will step down for personal reasons, while Dr. Peter Traber is expected to continue supporting the company's clinical trials and BLA preparation, ensuring ongoing progress in clinical development.
See More
Biotech Companies See Significant Stock Gains
- Regentis Stock Surge: Regentis Biomaterials Ltd. shares soared over 88% as the company prepares to commence European Surgeon Training for GelrinC in Q3 2026, accelerating its commercialization efforts in knee cartilage repair and enhancing its competitive edge in the market.
- Eloxx Uplisting Success: Eloxx Pharmaceuticals Inc. saw its stock rise more than 77% after uplisting to Nasdaq, with plans to issue 2.975 million shares at $11.00 each, expected to generate $66 million in revenue, supporting its clinical trials for Alport syndrome treatment.
- Alignment Healthcare Gains: Alignment Healthcare Inc. shares increased over 25% following disclosures of RSU grants to executives, with projected Q2 2026 revenues between $1.295 billion and $1.315 billion, indicating strong growth potential in the healthcare sector.
- Cartesian Strategic Licensing: Cartesian Therapeutics Inc. inked a strategic licensing deal with WestGene Biopharma to advance CAR-T therapies for autoimmune diseases, with a Phase 1 trial expected to start in 2H 2026, potentially driving innovation in this therapeutic area.
See More
Cartesian Therapeutics Licenses CAR-T Technology from WestGene Biopharma
- Stock Surge: Cartesian Therapeutics' stock jumped over 30% on Tuesday following the announcement of a licensing deal with WestGene Biopharma, reflecting strong market confidence in its CAR-T cell therapies.
- Clinical Trial Launch: Under the agreement, Cartesian will initiate a Phase 1 dose-escalation study to test the delivery of mRNA via WestGene's targeted lipid nanoparticles for patients with generalized myasthenia gravis, expected to start in H2 2026.
- Product Line Expansion: Cartesian plans to advance several next-generation anti-BCMA CAR constructs and a BCMA-directed T-cell engager as part of the deal, aiming to expand its mRNA payload pipeline and enhance its competitive position in the market.
- Strategic Collaboration Potential: CEO Carsten Brunn stated that positive clinical data will drive multiple autoimmune disease programs into U.S. clinical development, indicating that this collaboration has the potential to transform the treatment paradigm for cell therapy in autoimmune diseases.
See More
Cartesian Therapeutics Partners with WestGene for CAR-T Therapy Development
- Strategic Licensing Agreement: Cartesian Therapeutics has signed a strategic licensing agreement with WestGene Biopharma to advance the development of in vivo chimeric antigen receptor T-cell therapies for autoimmune diseases, further solidifying the company's leadership in autologous cell therapy.
- Clinical Trial Plans: The partnership will conduct a Phase 1 dose-escalation study of the mRNA used in Descartes-08, expected to initiate in the second half of 2026, with initial human data anticipated in the first half of 2027, showcasing potential therapeutic prospects for patients.
- Financial Arrangement: WestGene will receive an upfront payment and is eligible for potential development and commercial milestone payments, a financial structure that not only incentivizes the partnership but could also yield long-term benefits for Cartesian.
- Market Reaction: Cartesian's shares rose 15.74% to $6.78 in pre-market trading on Nasdaq, reflecting investor optimism regarding the collaboration and its future potential.
See More
Cartesian Partners with WestGene for mRNA CAR-T Development
- Strategic Licensing Agreement: Cartesian Therapeutics has entered into a strategic licensing agreement with WestGene Biopharma to leverage WestGene's LNP platform for advancing novel CAR-T therapies, with clinical trials expected to initiate in 2H 2026, marking a significant step in integrating their technologies.
- Clinical Trial Plans: The clinical trial targeting patients with myasthenia gravis is set to begin in 2H 2026 using the mRNA payload from Descartes-08, with clinical data anticipated in 1H 2027, which will provide crucial evidence for the application of CAR-T therapies in autoimmune diseases.
- Technological Advantages: WestGene's LNP platform has demonstrated favorable safety and tolerability across multiple dosing regimens, with robust CAR-T cell generation supporting the potential for long-term, multi-cycle administration, thereby enhancing Cartesian's competitive edge in cell therapy.
- Market Implications: This collaboration is expected to accelerate Cartesian's clinical development process and potentially transform treatment paradigms for autoimmune diseases, paving the way for the clinical application of multiple next-generation anti-BCMA CAR constructs, showcasing significant market potential and strategic importance.
See More
Cartesian Therapeutics Secures $150 Million Credit Facility
- Financing Agreement: Cartesian Therapeutics has entered into a credit facility agreement with K2 HealthVentures worth up to $150 million, securing an initial $50 million tranche that extends its cash runway into 2028, thereby supporting preparations for the commercial launch of its lead therapy, Descartes-08.
- Enhanced Financial Flexibility: This financing provides Cartesian with long-term capital to accelerate clinical programs and pre-launch activities, enabling the completion of pivotal trials, regulatory filings, and early commercialization, significantly enhancing the company's competitive position in treating myasthenia gravis and myositis.
- Upcoming Clinical Milestone: The company expects topline data from the pivotal Phase 3 AURORA trial of Descartes-08 in myasthenia gravis in Q1 2027, with a biologics license application (BLA) filing planned for mid-2027, laying the groundwork for subsequent market entry.
- Leadership Transition: Chief Medical Officer Miloš Miljkovic will step down for personal reasons, with Dr. Peter Traber continuing to oversee clinical development and regulatory preparations, ensuring leadership stability at a critical juncture.
See More
Cartesian Secures $150 Million Financing to Advance Clinical Programs
- Financing Support: Cartesian Therapeutics has entered into an agreement with K2 HealthVentures to secure up to $150 million in non-dilutive financing, with an initial $50 million tranche extending the cash runway into 2028, thereby enhancing the company's financial flexibility in advancing its clinical programs.
- Clinical Data Expectations: Topline data from the Phase 3 AURORA trial of Descartes-08 in myasthenia gravis (MG) is expected in Q1 2027, with a biologics license application (BLA) filing planned for mid-2027, laying the groundwork for product commercialization.
- Trial Progress: Data from the Phase 2 TRITON trial in myositis and the Phase 1/2 HELIOS trial in juvenile dermatomyositis are anticipated in the first half of 2027, which will guide pivotal trial pathways and address significant unmet medical needs.
- Management Changes: Chief Medical Officer Miloš Miljković will step down for personal reasons, while Dr. Peter Traber is expected to continue supporting the company's clinical trials and BLA preparation, ensuring ongoing progress in clinical development.
See More
