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Cabaletta Bio, Inc. logo

Cabaletta Bio, Inc.

cabalettabio.com

What Do They Do?

Develops engineered T-cell therapies for people with autoimmune diseases, led by rese-cel, an experimental treatment being tested across several conditions.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ +13% (Loss)
vs −$45.1M in Q2 FY2025
  • Sep 14, 2026 Warrant exercises brought in approximately $128.2 million Exercises from July 1 through the expiration date generated approximately $115.0 million in gross proceeds.
  • May 4, 2026 Cabaletta priced a $150 million stock offering The company estimated approximately $141 million in net proceeds to fund rese-cel development and operations into mid-2027.

From two strategies to CARTA The older report described both CARTA and CAART strategies, with candidates targeting all B cells or disease-causing B cells. The latest report centers the platform on CARTA and identifies rese-cel as its lead candidate.

Who Do They Compete With?

Competes with Novartis Pharmaceuticals, Gilead Sciences, Bristol Myers Squibb, Johnson and Johnson, Legend Biotech, and Autolus

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