CM336 to focus on autoimmune diseases with favorable safety profile: According to Gilead’s announcement, global development of CM336 will prioritize autoimmune indications, including autoimmune hemolytic anemia (AIHA) and immune thrombocytopenia (ITP), both of which have received Fast Track and Orphan Drug Designation from the FDA. CM336 is currently in phase 3 development for multiple myeloma (MM) and multiple phase 1/2 studies for autoimmune indications, with Gilead planning to advance the program into pivotal studies for autoimmune diseases in 2027. While approved BCMA/CD3 bispecific antibodies are currently indicated for MM, exploration in autoimmune diseases remains at an early clinical stage (see landscape in Exhibit 3). Although no autoimmune clinical data for CM336 have been publicly disclosed, we view its safety profile in MM as encouraging, with no Grade ≥3 CRS reported and no ICANS observed across treated patients. This compares favorably with reported CRS incidences of 0.6% / 1% / 2% for Tecvayli, Talvey, and LBL‑034, respectively (see comparisons in Exhibit 4), and supports the rationale for expansion into chronic autoimmune settings.
Congrats! Always exciting to see first participant dosed