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Celldex's barzolvolimab phase 3 trials enroll early; pivotal data expected by late 2026, boosting strong buy rating.

Analyst Insights
26 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Celldex Therapeutics is rated a "Strong Buy" due to rapid enrollment in its phase 3 trials for barzolvolimab, targeting chronic spontaneous urticaria (CSU). The EMBARQ-CSU 1 and 2 trials completed enrollment six months ahead of schedule, with key data expected in September or October 2026 and a potential Biologics License Application (BLA) filing in 2027 if trial endpoints are met. The company is also advancing CDX-622, a bispecific inhibitor for asthma and inflammatory disorders, showing promising early results. A recent $323.9 million equity raise extends Celldex's cash runway through 2028, though additional funding or partnerships may be needed for long-term liquidity.

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