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The unfavorable arbitration exacerbates Cellectis's losing position in a competitive CAR-T market. Historical instances, such as from other biotechs facing arbitration losses, demonstrate significant stock declines.
What happened, with direct paths to the underlying reporting
CLLS shares fell 17.35% after unfavorable arbitration ruling. Allogene retains full control over cema-cel therapy. Cellectis's financial claims were rejected related to trial payments. Partial license termination limits Cellectis to UCART19 V1 product. Allogene targets key clinical analysis in early 2026 for cema-cel.
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