Legend Biotech (LEGN) Tops Q4 EPS by 6c, Revenues Beat

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Legend Biotech Reports Fourth Quarter and Full Year 2020 Financial Results and Business Update

March 18, 2021 7:00 AM EDT

Legend received approximately $659.8 million in gross proceeds through share capital increases during 2020, including a successful Nasdaq IPO with aggregate gross proceeds of $487.3 million. U.S. FDA clearance for IND application for a Phase 1 clinical trial to evaluate LB1901 in relapsed or refractory T-cell lymphoma (RR TCL). Rolling submission of BLA to the FDA initiated for cilta-cel for the treatment of relapsed or refractory multiple myeloma (RRMM). Cash and cash equivalents and time deposits of $505.7 million as of December 31, 2020.

SOMERSET, N.J.--(BUSINESS WIRE)-- Legend Biotech Corporation (NASDAQ:... More