Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including Non-Hodgkins Lymphoma (NHL), acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, hepatocellular carcinoma, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. The company was founded in 2014 and is headquartered in Somerset, New Jersey.
Carvykti's Triumph | Legend Biotech's Carvykti shows strong efficacy in multiple myeloma treatment, with sales nearly doubling year-over-year and projections reaching $1.9 billion by 2025 |
Manufacturing Ambitions | Explore Legend's plans to expand Carvykti production capacity to 10,000 doses by 2025 and 20-24,000 doses by 2027, potentially generating over $10 billion in revenue |
Analyst Optimism | Average price target of $81 from various analysts, with a Strong Buy consensus reflecting confidence in Legend Biotech's growth potential and market positioning |
Pipeline Potential | Delve into Legend's diverse pipeline, including promising therapies for gastric, esophageal, and lung cancers, offering multiple avenues for future growth beyond Carvykti |
Metrics to compare | LEGN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipLEGNPeersSector | |
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P/E Ratio | −32.5x | −3.3x | −0.5x | |
PEG Ratio | −0.60 | −0.19 | 0.00 | |
Price/Book | 7.0x | 2.5x | 2.6x | |
Price / LTM Sales | 9.7x | 12.7x | 3.3x | |
Upside (Analyst Target) | 97.7% | 166.1% | 43.5% | |
Fair Value Upside | Unlock | −1.1% | 6.3% | Unlock |