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Cullinan Therapeutics reports Q1 2026 results, FDA accepts NDA for zipalertinib with PDUFA date in Feb 2027

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bullish
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Cullinan Therapeutics announced its Q1 2026 financial results, reporting a net loss of $49.7 million and cash reserves of $393.3 million, providing a runway into 2029. The company highlighted key pipeline updates including initial clinical data presentations for CLN-978 in autoimmune diseases at the EULAR 2026 Congress and ongoing development of other T cell engager therapies. Notably, the FDA accepted the NDA for zipalertinib, a treatment for EGFR ex20ins NSCLC, with a target action date set for February 27, 2027, marking a significant milestone toward potential patient availability. Cullinan expects multiple data readouts and regulatory milestones throughout 2026 to drive future growth and value creation.

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