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Atara Biotherapeutics Partners with Pierre Fabre, FDA Accepts tabelecleucel Application
Atara Biotherapeutics announced that its partner, Pierre Fabre Pharmaceuticals, PFP, has received acceptance by the U.S. Food and Drug Administration, FDA, of the Biologics License Application, BLA, resubmission for tabelecleucel, with a proposed indication as monotherapy for treatment of adult and pediatric patients two years of age and older with Epstein-Barr virus positive post-transplant lymphoproliferative disease, EBV+ PTLD, who have received at least one prior therapy. The BLA has a Class 2 Resubmission Prescription Drug User Fee Act target action date of March 31, 2027.
Atara and Pierre Fabre Resubmit tabelecleucel BLA
Atara Biotherapeutics provided an update that its partner, Pierre Fabre Pharmaceuticals, has resubmitted the tabelecleucel Biologics License Application to the U.S. Food and Drug Administration. PFP, with Atara's support, has resubmitted the BLA based on the feedback received from the Type A meeting held in April. The resubmission includes an updated data package with additional patients, plus longer follow up from the ongoing, pivotal Phase 3 single arm ALLELE study of tabelecleucel in adults and children two years of age and older with relapsed/refractory Epstein-Barr virus positive post-transplant lymphoproliferative disease following solid organ transplant or hematopoietic cell transplant The resubmission also includes additional supplemental data from the expanded access programs, a separate clinical study, and commercial experience in Europe. Under its commercialization agreement with Pierre Fabre Laboratories, Atara is eligible to receive a $31M milestone payment upon FDA approval of the tabelecleucel BLA, as well as significant double-digit tiered royalties as a percentage of net sales, and milestones related to commercial sales.
Atara Reports Q2 Revenue of $600K, Exceeds Expectations
Reports Q2 revenue $600K, consensus $366.67K. As previously communicated, PFP has indicated they intend to submit an updated dataset with additional patients and longer follow-up from the pivotal Phase 3 single arm ALLELE study as well as supportive data. Atara anticipates providing a further regulatory update later this quarter. Under its commercialization agreement with Pierre Fabre Laboratories, Atara is eligible to receive a $31M milestone payment upon FDA approval of the tabelecleucel BLA, as well as significant double-digit tiered royalties as a percentage of net sales, and milestones related to commercial sales of EBVALLO.
Atara Expects Significant Decline in Operating Expenses into Mid-2027
Operating expenses are expected to decline significantly year-over-year, reflecting the full-year benefit of cost-reduction initiatives implemented in 2025 and first half of 2026. Atara expects its cash, cash equivalents, and short-term investments as of June 30, 2026, combined with operating efficiencies achieved in 2025 and first half of 2026, will be sufficient to fund planned operations into mid-2027.
Atara Reports Cash and Short-Term Investments Totaling $8.4M
Reports cash, cash equivalents and short-term investments as of March 31 totaled $8.4M as compared to $8.5M as of December 31, 2025. The company said, "As previously communicated, Pierre Fabre Pharmaceuticals (PFP), with Atara's support, had a productive meeting with the FDA and discussed a potential path forward to resubmitting the tab-cel Biologics License Application (BLA). The FDA agreed that a single arm study using an appropriate historical control applicable to the trial population, conducted in a pre-specified manner, could serve as an adequate and well controlled study and provide safety and efficacy data in support of a marketing application of tab-cel for the proposed indication. PFP has indicated they intend to submit an updated dataset with additional patients and longer follow-up from the pivotal Phase 3 single arm ALLELE study as well as supportive data, as a part of the resubmission plan being defined with the FDA. Atara anticipates providing a further regulatory update in the third quarter."Atara said its operating expenses are "expected to decline significantly year-over-year, reflecting the full-year benefit of cost-reduction initiatives implemented in 2025."
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