Caribou Shares Surge On Positive Data From Two Drug Studies

Dow Jones11-03

By Nicholas G. Miller

 

Shares of Caribou Biosciences surged after the company released positive data from studies of its treatment of Multiple Myeloma and its treatment of non-Hodgkin lymphoma.

The stock rose 46% to $3.52 in premarket trading after closing Friday up 52% this year.

Caribou said its treatment of Multiple Myeloma, called CB-011, delivered meaningful and durable responses and had a manageable safety profile in a phase 1 trial.

The company will begin dose expansion by the end of the year and share dose expansion data in 2026.

Caribou also said Monday that its phase one trial of its treatment for non-Hodgkin lymphoma, called Vispa-cel, demonstrated efficacy and durability and a well-tolerated safety profile.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

November 03, 2025 09:17 ET (14:17 GMT)

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