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Companies $LEGN
$20.39 +$1.12 (5.81%) Close
Legend Biotech Corporation logo

Legend Biotech Corporation

legendbiotech.com

What Do They Do?

Develops and commercializes cell therapies for people with cancer, including CARVYKTI for multiple myeloma, while developing additional therapies for cancer and autoimmune conditions.

Who Are Their Customers?

CARVYKTI customers buy from Janssen outside Greater China and from Legend in Greater China.

Do Revenues Turn Into Profits?

No. It lost $296.8M in .

Net income,
−29% of revenue
▲ +68% (Loss) vs (−$177M, −28%)

How Are They Changing?

Commercialization The earlier report described Legend as primarily clinical-stage while noting CARVYKTI's launch; the latest describes an established sales, marketing and operating infrastructure.

Broader cell therapy pipeline The earlier report described autologous CAR-T candidates and an allogeneic CAR-T candidate; the latest also lists CAR-NK, in-vivo CAR-T and autoimmune programs.

Manufacturing facilities The earlier report said it was building manufacturing facilities in the United States, EU and China; the latest says it has facilities in the United States and Belgium for commercial supply.

Who Do They Compete With?

Competes with Novartis, Kite, Bristol-Myers Squibb, bluebird bio, Arcellx, Autolus Therapeutics, Johnson & Johnson, Caribou Biosciences, CARsgen Therapeutics, AstraZeneca, IASO Biotechnology, Oricell Therapeutics, Roche, Kelonia, EsoBiotech, Interius, Amgen, Regeneron Pharmaceuticals, GSK, and Innovent

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