Allogene Therapeutics Announces Journal of Clinical Oncology Publication of Phase 1 Results of ALLO-316 Highlighting First Durable Remissions Following Allogeneic CAR T for Treatment of Metastatic Solid Tumors

On July 15, 2026 Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T) products for cancer and autoimmune disease, reported the publication of complete Phase 1 data from the TRAVERSE study of ALLO-316 in advanced or metastatic renal cell carcinoma (RCC) in the Journal of Clinical Oncology. TRAVERSE is being conducted as part of a strategic five-year collaboration with The University of Texas MD Anderson Cancer Center. ALLO-316, Allogene’s CD70-targeting AlloCAR T investigational therapy incorporating the Dagger technology, achieved robust expansion, tumor infiltration, and durable antitumor activity in a solid tumor setting.

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"TRAVERSE represents a potential breakthrough for both Allogene and the broader CAR T field," said Zachary Roberts, M.D., Ph.D., President and Chief Executive Officer of Allogene. "CAR T has transformed hematologic malignancies while solid tumors have remained one of the field’s most difficult challenges. When we designed ALLO-316 with the Dagger technology, our goal was to address two of the most persistent barriers in solid tumors – achieving robust CAR T expansion with standard lymphodepletion and translating that biology into durable responses. These results show that a well-designed allogeneic CAR T product, developed for a defined population, can expand, persist, and produce durable responses in metastatic, treatment refractory solid tumors. Importantly, the robust CAR T expansion and durable persistence in this trial provides clinical validation of our Dagger technology platform and has direct read-through to our broader clinical and preclinical pipeline of next-generation AlloCAR T candidates."

Across the full Phase 1 TRAVERSE trial, 51 patients with Stage IV disease were enrolled, of whom 46 received ALLO-316 and had a median follow-up time of 28.8 months. The Phase 1b expansion cohort evaluated the safety and efficacy of the recommended Phase 2 regimen – ALLO-316 at a dose of 80M CAR T cells following a standard FC lymphodepletion regimen (fludarabine (30 mg/m²/day) and cyclophosphamide (500 mg/m²/day) for 3 days). The 22 patients in the Phase 1b safety population all had RCC resistant to immune checkpoint blockers and at least one tyrosine kinase inhibitor (TKI), 82% had received ≥2 prior TKIs, and 41% had received prior belzutifan. Twenty of these patients received ALLO-316. Sixteen of the ALLO-316-treated patients in Phase 1b had a high CD70 Tumor Proportion Score (TPS ≥50%). The median time from enrollment to the start of therapy was four days.

"Most patients in TRAVERSE had exhausted available therapies and faced a poor prognosis, with survival often measured in months," said Samer A. Srour, MB ChB, MS, of The University of Texas MD Anderson Cancer Center. "In that context, the depth and durability of responses observed with a one-time ALLO-316 infusion are very promising, particularly in patients with high CD70-expressing tumors where all responders remained progression-free at the time of the published analysis. Taken together, these findings strongly support the continued clinical development of ALLO-316 and its evaluation as a potential new treatment approach for patients with advanced RCC."

A single dose of ALLO-316 produced disease control in half of patients in the Phase 1b cohort, with an overall confirmed response rate of 25% and a confirmed response rate of 31% in patients with CD70 TPS ≥50%. The median duration of response (mDOR) had not been reached (95% CI: 6.9 months to not estimable), with the longest ongoing response exceeding 18 months. Median overall survival in the Phase 1b population was 15.2 months (95% CI: 4.6 months to not estimable) and was not estimable in the CD70-high group (95% CI: 3.2 months to not estimable).

CD70+ patients Phase 1b (N=20)
n (%)
ORR (confirmed CR or PR per RECIST v1.1) 5/20 (25%)
CD70 TPS ≥50% 5/16 (31%)
CD70 TPS <50% 0/4 (0)
RECIST v1.1, Response Evaluation Criteria in Solid Tumors, version 1.1; TPS, tumor proportion score

The safety profile of ALLO-316 was manageable and consistent with lymphodepletion and an active CAR T product across the full Phase 1 trial. The most frequent Grade ≥3 events were hematologic. Three previously reported treatment related Grade 5 adverse events occurred in the Phase 1a portion (cardiogenic shock, failure to thrive and sepsis). There were no Grade 5 adverse events in Phase 1b. A higher incidence of IEC-HS was reported in Phase 1b relative to Phase 1a, likely due in part to improved diagnosis and coding implemented during Phase 1b. Most IEC-HS events were mild to moderate and were successfully managed utilizing a protocol-defined diagnostic and management algorithm.

TEAEs ≥20% incidence Phase 1b (N=22*)
n (%)
Any Grades Grade ≥3
Neutropenia 18 (82%) 18 (82%)
White blood cell count decreased 16 (73%) 16 (73%)
Anemia 13 (59%) 9 (41%)
Fatigue 5 (23%) 0
Nausea 8 (36%) 0
Thrombocytopenia 13 (59%) 7 (32%)
Pyrexia 8 (36%) 0
Peripheral edema 8 (36%) 0
ALT increased 7 (32%) 2 (9%)
Headache 5 (23%) 0
Arthralgia 8 (36%) 0
AST increased 6 (27%) 2 (9%)
Lymphopenia 5 (23%) 5 (23%)
AEs of Special Interest Any Grade Grade ≥3
CRS 15 (68%) 0
Infection 11 (50%) 9 (41%)
IEC-HS 8 (36%) 2 (9%)ᵃ
ICANS 4 (18%) 0
Graft-versus-host disease 0 0
* Two patients received lymphodepletion but did not receive ALLO-316: one due to progression of disease (altered mental status during lymphodepletion found to be brain metastases on imaging), and one due to liver and kidney failure during lymphodepletion. IEC-HS includes the preferred terms immune effector cell-associated HLH-like syndrome and Hemophagocytic lymphohistiocytosis.
ᵃ One patient experienced Grade 4 IEC-HS based on gastrointestinal bleeding with subsequent improvement; one patient experienced Grade 3 IEC-HS based on hypotension managed without vasopressors with subsequent improvement.

The findings also underscore the broader strategic potential of the Dagger technology, which addresses rejection by the patient’s immune system. By targeting CD70-expressing tumor cells as well as CD70-positive alloreactive host T cells, ALLO-316 is designed to support CAR T-cell expansion and persistence without requiring intensified lymphodepletion. In TRAVERSE, this design translated into robust expansion, durable persistence, and evidence of tumor infiltration – core attributes Allogene believes may be applicable across its next-generation clinical and pre-clinical allogeneic CAR T pipeline.

About ALLO-316 (TRAVERSE)
ALLO-316 is an AlloCAR T investigational product targeting CD70, which is highly expressed in renal cell carcinoma (RCC). CD70 is also selectively expressed in several cancers, creating the potential for ALLO-316 to be developed across a variety of both hematologic malignancies and solid tumors. The ongoing Phase 1 TRAVERSE trial is designed to evaluate the safety, tolerability, and activity of ALLO-316 in patients with advanced or metastatic clear cell RCC. In October 2024 the U.S. Food and Drug Administration (FDA) granted Regenerative Medicine Advanced Therapy (RMAT) designation based on the potential of ALLO-316 to address the unmet need for patients with advanced or metastatic RCC. The FDA previously granted Fast Track Designation (FTD) to ALLO-316 in March 2023. In April 2024, the Company announced an award from the California Institute for Regenerative Medicine (CIRM) to support the ongoing TRAVERSE trial with ALLO-316 in RCC.

(Press release, Allogene, JUL 15, 2026, View Source [SID1234669242])

Second Quarter 2026

On July 15, 2026 Johnson & Johnson reported second quarter 2026 results.

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(Press release, Johnson & Johnson, JUL 15, 2026, View Source [SID1234669384])

Cellectar Biosciences Announces Publication of Phase 1 Study of Iopofosine I 131 in Peer-Reviewed Journal Cancers

On July 15, 2026 Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery and development of drugs for the treatment of cancer, reported the publication of results from a Phase 1 dose-escalation study evaluating iopofosine I 131 in combination with low-dose dexamethasone in 31 patients with heavily pretreated relapsed/refractory multiple myeloma (r/r MM). The manuscript, titled "A Phase I Trial of Iopofosine I 131 and Dexamethasone in Patients with Relapsed/Refractory Multiple Myeloma," was published in the peer-reviewed journal, Cancers.

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"Iopofosine I 131 represents a differentiated therapeutic approach for patients with relapsed or refractory multiple myeloma who have limited remaining treatment options," said Sikander Ailawadhi, M.D., professor of medicine, division of hematology/oncology, Mayo Clinic, Jacksonville, Florida and lead author of the publication. "The study demonstrated manageable toxicity with adverse events being essentially limited to cytopenias, encouraging disease control, and evidence of antitumor activity in a heavily pretreated population, supporting the potential of this novel targeted radiotherapeutic in these most fragile patients. The predictability and recovery of the cytopenias support its potential for repeat dosing strategies in future clinical development."

Highlights of the Data:

The study evaluated both single-dose and fractionated-dose regimens of iopofosine I 131 in 31 heavily pretreated r/r MM patients, many of whom had exhausted available treatment options.

Among 26 efficacy-evaluable patients:

Clinical activity appeared more pronounced in patients receiving higher total administered doses
84.6% achieved stable disease or better following treatment
30% overall response rate observed among evaluable patients (n=10) receiving at least 60 mCi of iopofosine I 131
The overall response rate was 15.4%, with four patients achieving partial responses
Investigators reported a favorable and manageable safety profile, with adverse events primarily consisting of predictable and reversible hematologic toxicities
No new safety signals were identified, and non-hematologic adverse events were generally low grade
"Publication of these data in Cancers further validate the potential of iopofosine as a differentiated targeted radiopharmaceutical and underscore the promise of our phospholipid drug conjugate platform as a novel targeted radiotherapeutic platform," said Jarrod Longcor, Cellectar’s chief operating officer and co-author of the publication. "Importantly, the mechanism of action is not dependent on a single target or mutation, creating the opportunity to address a broad range of B-cell-mediated malignancies. We believe iopofosine has the potential to serve patients across multiple indications, including Waldenström macroglobulinemia, multiple myeloma, diffuse large B-cell lymphoma and other difficult-to-treat hematologic cancers where new therapeutic options remain urgently needed."

The authors further noted that iopofosine’s limited impact on renal and hepatic function, coupled with its predictable and manageable safety profile, may make it particularly attractive for older, frail, or heavily pretreated patients who may not be candidates for more intensive therapies. The study also demonstrated recovery of treatment-related cytopenias over time, supporting the potential for repeat dosing strategies in future clinical development.

The full article can be accessed here.

About the Phase 1 Study
The Phase 1 dose escalation and safety study was conducted as an open-label, multi-center trial, which enrolled 31 patients with relapsed or refractory multiple myeloma who had received a median of four prior lines of therapy. Patients received either a single dose or fractionated doses of iopofosine I 131 plus low-dose dexamethasone. The study established 31.25 mCi/m² as the maximum tolerated single dose and identified 20 mCi/m² administered twice, one week apart, as the highest evaluated fractionated dose regimen. The authors recommended a fractionated Phase 2 regimen of 15 mCi/m² administered on days 1 and 7 in combination with weekly low-dose dexamethasone.

(Press release, Cellectar Biosciences, JUL 15, 2026, View Source [SID1234669227])

Cardiff Oncology Announces $10 Million Registered Direct Offering

On July 15, 2026 Cardiff Oncology, Inc. (Nasdaq: CRDF) (the "Company"), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel cancer therapies, reported that it has entered into definitive agreements for the purchase and sale of an aggregate of 8,571,429 shares of its common stock and accompanying warrants to purchase up to an aggregate of 8,571,429 shares of its common stock, at a purchase price of $1.05 per share and accompanying warrant in a registered direct offering. In addition, certain members of the Company’s officers and directors are participating in the offering and have entered into definitive agreements for the purchase and sale of an aggregate of 731,707 shares of the Company’s common stock and accompanying warrants to purchase up to an aggregate of 731,707 shares of the Company’s common stock, at a purchase price of $1.435 per share and accompanying warrant. The warrants will have an exercise price of $1.31 per share, will be exercisable beginning on the later of (i) six months after issuance and (ii) the effective date of the increase of the Company’s authorized shares of common stock following stockholder approval, and will expire five and one-half years from the initial exercise date. The closing of the offering is expected to occur on or about July 16, 2026, subject to the satisfaction of customary closing conditions.

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H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

The aggregate gross proceeds to the Company from the offering are expected to be approximately $10 million, before deducting the placement agent fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering for working capital and other general corporate purposes.

The securities described above are being offered pursuant to a "shelf" registration statement (File No. 333-285327) filed with the Securities and Exchange Commission ("SEC") on February 27, 2025 and declared effective on May 13, 2025. The offering is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. The prospectus supplement and the accompanying prospectus relating to the securities being offered will be filed with the SEC and be available at the SEC’s website at www.sec.gov. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained, when available, by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by telephone at (212) 856-5711 or e-mail at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

(Press release, Cardiff Oncology, JUL 15, 2026, View Source [SID1234669243])

Genmab Announces Net Sales of DARZALEX® (daratumumab) for Second Quarter of 2026

On July 15, 2026 Genmab A/S (Nasdaq: GMAB) reported that worldwide net trade sales of DARZALEX (daratumumab), including sales of the subcutaneous (SC) product (daratumumab and hyaluronidase-fihj, sold under the tradename DARZALEX FASPRO in the U.S.), as reported by J&J were USD 4,207 million in the second quarter of 2026. Net trade sales were USD 2,435 million in the U.S. and USD 1,772 million in the rest of the world. Genmab receives royalties on the worldwide net sales of DARZALEX, both the intravenous and SC products, under the exclusive worldwide license to J&J to develop, manufacture and commercialize daratumumab.

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(Press release, Genmab, JUL 15, 2026, View Source [SID1234669228])