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Cabaletta Bio, Inc.

CABA
Healthcare|Biotechnology|US
$1.30
+0.02 (+1.56%)
DCF Value
$0.49
Tangible Book / Share
$1.52
Cash / Share
$1.60

About

Cabaletta Bio, Inc. is a biotechnology firm in the clinical development stage, specializing in the invention and advancement of sophisticated engineered T cell therapies. Its core mission is to treat autoimmune diseases where B cells are implicated in producing harmful autoantibodies. The company's unique chimeric autoantibody receptor (CAAR) T cell platform is engineered to precisely target and eradicate these specific disease-causing B cells. Leading its pipeline is DSG3-CAART, which is currently in Phase I clinical trials. This candidate is being assessed for efficacy in two distinct conditions: mucosal pemphigus vulgaris, an autoimmune blistering skin disorder, and Hemophilia A in patients exhibiting Factor VIII alloantibodies. Cabaletta's broader product candidate portfolio also includes MuSK-CAART, a preclinical asset aimed at a particular subset of myasthenia gravis patients; FVIII-CAART, in the discovery phase for another subgroup of Hemophilia A sufferers; and DSG3/1-CAART, also a discovery-stage program, designed for mucocutaneous pemphigus vulgaris. The company maintains strategic alliances, including a collaboration with the University of Pennsylvania and a research pact with The Regents of the University of California. Founded in 2017 as Tycho Therapeutics, Inc., it adopted the name Cabaletta Bio, Inc. in August 2018 and is based in Philadelphia, Pennsylvania.

Stock Price

-47.6%(1Y)
1M
-33.3%
3M
-53.4%
6M
-66.5%
YTD
-40.6%
1Y
-46.5%
3Y
-92.4%
5Y
-90.0%

Pipeline Summary

7 total trials
5
Phase 1
6
Phase 2
2
Phase 3
0
Phase 4
Recruiting: 5Withdrawn: 1Completed: 1

Active Trials (5)

RESET-MG: A Study to Evaluate the Safety and Efficacy of CABA-201 in Participants With Generalized Myasthenia Gravis
NCT06359041Generalized Myasthenia Gravis (gMG)
Phase 1Phase 2Recruiting
Enrollment: 24 participants
A Phase 1/2, Open-label, Safety and Dosing Study of Autologous CART Cells (Desmoglein 3 Chimeric Autoantibody Receptor T Cells [DSG3-CAART] or CD19-specific Chimeric Antigen Receptor T Cells [CABA-201]) in Subjects With Active, Pemphigus Vulgaris (RESET-PV)
NCT04422912Pemphigus Vulgaris
Phase 1Phase 2Recruiting
Enrollment: 40 participants
RESET-SLE: A Phase 1/2 Open-Label Study to Evaluate the Safety and Efficacy of CABA-201 in Subjects With Active Systemic Lupus Erythematosus
NCT06121297Systemic Lupus Erythematosus
Phase 1Phase 2Recruiting
Enrollment: 28 participants
RESET-Myositis: An Open-Label Study to Evaluate the Safety and Efficacy of CABA-201 in Subjects With Active Idiopathic Inflammatory Myopathy or Juvenile Idiopathic Inflammatory Myopathy
NCT06154252Idiopathic Inflammatory Myopathy
Phase 2Phase 3Recruiting
Enrollment: 74 participants
RESET-SSc: An Open-Label Study to Evaluate the Safety and Efficacy of CABA-201, a CD19-CAR T Cell Therapy, in Subjects With Systemic Sclerosis
NCT06328777Systemic Sclerosis
Phase 2Phase 3Recruiting
Enrollment: 37 participants

Key Facts

Market Cap$220.4M
Employees154 (-4% YoY)
CEOSteven A. Nichtberger
IPO DateOct 25, 2019
Beta3.54
52-Week Range$1.18 – $4.23
Avg Volume4,866,781
ExchangeNASDAQ

Ownership

Float83.4%
Shares Outstanding169.5M

Recent Insider Trades

Tomasello ShawnAWARD
Jun 9, 202622,000 shares @ $3.22
Simon MarkAWARD
Jun 9, 202622,000 shares @ $3.22
HENRIQUES RICHARD C JRAWARD
Jun 9, 202622,000 shares @ $3.22
Bollard CatherineAWARD
Jun 9, 202622,000 shares @ $3.22
Brun Scott C.AWARD
Jun 9, 202622,000 shares @ $3.22

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Data last updated: Nov 9, 2026, 04:00 AM