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Stock impact report

Cabaletta Bio: Curative Medicines For Autoimmunity [Seeking Alpha]

Cabaletta Bio, Inc. (CABA) 
Company Research Source: Seeking Alpha
SummaryCabaletta Bio is pioneering the use of CAAR-T cell therapies to potentially cure various autoimmune diseases.Autoimmunity is a large market, at least $100B, but only having standard-of-care medicines like steroids that lead to nasty side effects and Humira.There is an opportunity to bring technologies that have already been clinically validated in blood cancers by companies such as Kite and Juno to autoimmune diseases.Cabaletta is composed of leaders in cell therapies and autoimmunity with a first-mover advantage and a lead asset in Phase I trials with initial results expected to come out in late 2020.Cabaletta Bio (CABACAR-TB-cell mediated autoimmune diseaseThe company was founded out of UPenn. Theleadership teamNVSADAPThe company went public in the fall 2019. Since then, the stock price is down over 50% from its peak. This decline is mainly due to the potential effects of COVID-19 on clinical trials. This provides an opportunistic buying opportunity in an early-stage company Show less Read more
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