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0 0 0 0 0.00630914826498423 0.00630914826498423 0.00552050473186122 -0.00157728706624602
Stock impact report

Legend Biotech CARVYKTI Milestones Contrast With Mixed Long Term Share Returns [Yahoo! Finance]

Legend Biotech Corporation - American Depositary Shares (LEGN) 
Company Research Source: Yahoo! Finance
Legend Biotech reported that more than 10,000 patients have now been treated with its CARVYKTI multiple myeloma therapy. The company announced an expansion of its Raritan facility, which it says is now the largest cell therapy manufacturing site in the US. These updates highlight a step up in both commercial usage and production capacity for CARVYKTI. For investors watching NasdaqGS:LEGN, these milestones arrive after a period of mixed share price performance. The stock last closed at $25.22, with a 34.9% gain over the past week and a 44.9% gain over the past 30 days, while the 1 year return stands at a 26.9% decline and the 3 year return at a 63.2% decline. This combination of recent strength and longer term weakness may draw attention to how CARVYKTI traction relates to the broader Legend Biotech story. With over 10,000 treated patients and a scaled up US manufacturing footprint, investors now have fresh information to assess how Legend Biotech is positioned in multiple mye Show less Read more
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