Autolus Upgrades Leadership And Faces CAR-T Approval

Summary

  • Obe-cel continues to demonstrate comparative efficacy with fewer side effects to approved therapies.
  • Thus, the company will likely gain its first market authorization in November.
  • Autolus made several strong leadership hires with direct experience in M&A, oncology, and lupus, a new research area.

Woman with cancer laughing

Fly View Productions

My initial coverage of Autolus Therapeutics (NASDAQ:AUTL), now a $1 billion market cap clinical-stage biopharmaceutical company, rated it a Strong Buy for numerous positive catalysts for 2023. Investors who heeded this tip were rewarded, as

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CSI is a pharmacist using expertise in the biotechnology sector to bring Alpha to your portfolio, with Buys/Strong Buys averaging 40% gains (as of 1/12/24) since 2022. CSI's favored investing strategy is near-term, driven by binary events such as clinical trial results, FDA Advisory Committee meetings, and PDUFA dates (approvals), but also formulary placement and prescription trends. These writings should not be considered financial advice or the sole basis for investment decisions. CSI has worked across the spectrum from very small independent and hospital pharmacies to the some of the largest retail corporations and medical centers in the nation, as well as experience in specialty, correctional, and mail order settings. Prior to a career in healthcare, CSI worked 12 years in the highest-level IT specialist position at a top state employer.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AUTL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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