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- $221.5MMarket Cap
- -35.25%1-Year Change
- BiotechnologyIndustry
CARTESIAN (RNAC)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 43
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Over 25 pharmaceutical companies are advancing 30+ pipeline drugs for myasthenia gravis treatment, with approximately 5+ therapies in late-stage development. Key players including Immunovant, Cartesian Therapeutics, Novartis, and others are developing promising therapies using novel mechanisms of action such as IgG degraders and complement inhibitors. Recent developments include positive Phase III trial results and regulatory approvals for multiple candidates.
06/02/2026, 1:00 PM • GlobeNewswire
Cartesian Therapeutics secured up to $150 million in non-dilutive financing from K2 HealthVentures, with an initial $50 million tranche extending cash runway into 2028. The company expects Phase 3 AURORA trial topline data for Descartes-08 in myasthenia gravis in Q1 2027, with BLA filing planned for mid-2027. Additional clinical data from Phase 2 TRITON (myositis) and Phase 1/2 HELIOS (juvenile dermatomyositis) trials are expected in H1 2027.
05/26/2026, 7:00 AM • GlobeNewswire
The myasthenia gravis market is projected to grow from USD 6 billion in 2025 to over USD 16 billion by 2036, driven by rising diagnosed prevalence, improved diagnostics, and an expanding pipeline of targeted biologic therapies including FcRn inhibitors, complement inhibitors, and CAR-T cell therapies. The market is currently led by argenx and UCB, with numerous emerging candidates in late-stage development expected to significantly accelerate growth.
05/18/2026, 1:00 PM • GlobeNewswire
Cartesian Therapeutics announced its participation in the H.C. Wainwright 4th Annual BioConnect Investor Conference on May 19, 2026. The company, a late clinical-stage biotech firm, is advancing its lead asset Descartes-08, a CAR-T cell therapy in Phase 3 development for generalized myasthenia gravis and Phase 2 for myositis, with Phase 1/2 trials underway for pediatric autoimmune diseases.
05/12/2026, 7:00 AM • GlobeNewswire
The generalized myasthenia gravis (gMG) market is experiencing significant growth with 8 promising late-stage drug candidates in development. The gMG market across 7 major markets was valued at USD 5.9 billion in 2025 and is projected to grow at 9.1% CAGR through 2036. Key therapies in development include FcRn inhibitors, complement inhibitors, BTK inhibitors, and innovative CAR-T cell therapies from major pharmaceutical companies.
04/15/2026, 1:00 PM • GlobeNewswire
The generalized myasthenia gravis (gMG) market is expected to grow significantly through 2034, driven by novel immunotherapies including FABHALTA (iptacopan) from Novartis, Descartes-08 from Cartesian Therapeutics, and Claseprubart from Dianthus Therapeutics. The 7MM had approximately 205,000 prevalent gMG cases in 2024, with increasing incidence projected. These emerging therapies represent a shift toward mechanism-driven treatments targeting refractory disease and improving long-term disease control.
01/14/2026, 1:00 PM • GlobeNewswire
Johnson & Johnson Touts Encouraging Results For Experimental Lupus Treatment
Johnson & Johnson announced positive Phase 2b results for nipocalimab, an experimental FcRn blocker for treating systemic lupus erythematosus (SLE). The JASMINE study of 228 subjects met its primary endpoint and key secondary endpoints, with a favorable safety profile. The company plans to initiate Phase 3 trials. The lupus treatment market includes competing programs from UCB/Biogen, Cartesian Therapeutics, and Adicet Bio.
01/06/2026, 1:42 PM • Benzinga
AstraZeneca Prepares Showdown With JNJ, Amgen With Phase 3 Win For Myasthenia Gravis Drug Candidate
AstraZeneca reported positive Phase 3 trial results for gefurulimab, a drug candidate treating generalized myasthenia gravis, demonstrating significant improvement in patient symptoms with no new safety concerns.
07/24/2025, 1:08 PM • Benzinga
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MoreInformation as of 06/02/2026
Company Profile
Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, provides mRNA cell therapies for the treatment of autoimmune diseases. The company's lead product candidate is Descartes-08, an autologous mRNA chimeric antigen receptor T-cell cell therapy (CAR-T) directed against the B cell maturation antigen (BCMA), which is in Phase 2b clinical trials for the treatment of autoimmune diseases, generalized myasthenia gravis, and systemic lupus erythematosus, as well as rare pediatric disease designation for the treatment of juvenile dermatomyositis. It is also developing Descartes-15, which is in phase 1 trials, an autologous autologous B cell maturation antigen (BCMA) directed mRNA CAR-T to treat patients with multiple myeloma. The company is headquartered in Frederick, Maryland.
Key Executives
- Peter G. Traber
- Carsten Brunn
- Metin Kurtoglu
- Blaine T. Davis
- Emily English
Current Ownership Distribution
- Institutions38.3M (57.22%)
- Mutual Funds17.1M (25.61%)
- Insiders11.5M (17.17%)
- Other0 (0.00%)