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Allogene Therapeutics | Company Profile | iPS Cells & Regenerative Medicine

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COMPANY PROFILE / iPS CELLS & REGENERATIVE MEDICINE

Allogene Therapeutics
Off-the-shelf cell therapy built from edited donor T cells, not from iPS cells

Allogene Therapeutics is a Nasdaq-listed company developing allogeneic CAR-T cells: T cells from healthy donors that carry a CAR gene and are genome-edited so that they do not attack the patient's body. The key point in the iPS cell and regenerative medicine context is that Allogene is trying to deliver a cell therapy that can be taken from inventory, using donor-derived cells rather than iPS cell-derived ones. It runs its own manufacturing plant in Newark, California, but as of October 2026 it has no approved product and no revenue. This profile relies only on the company's Form 10-K and Form 10-Q filed with the U.S. SEC and on clinical trial registrations, and sets out what it makes, whose technology it borrows and how much it spends on what. It is not medical advice on treatment choices.

Sources: Form 10-K for the year ended December 2025 (filed with the U.S. SEC on 12 March 2026), Form 10-Q for the quarter ended June 2026 (filed 12 August 2026) and ClinicalTrials.gov, used as primary material. Last updated October 2026.

What this article covers
  1. Allogene in 30 seconds, and where it stands in iPS cells and regenerative medicine
  2. The logo and how the name is written
  3. Where the company sits in the iPS cell and regenerative medicine landscape
  4. Scale (a development-stage company with no revenue)
  5. Resources committed to the field
  6. Track record so far
  7. Plans ahead
  8. What the company is aiming for
  9. Partnership map
  10. The technologies and products it offers
  11. The risks this company carries
  12. Glossary, references and claim-to-source audit

1. Allogene in 30 seconds, and where it stands in iPS cells and regenerative medicine

LEGAL NAMEAllogene Therapeutics, Inc.Incorporated in Delaware in November 2017
HEADQUARTERSSouth San Francisco,
California, U.S.
210 East Grand Avenue
LISTINGNasdaq: ALLOU.S. Nasdaq market
CATEGORY IN THIS FIELDCell therapy (primary)
Genome-editing user (secondary)
Editing tools are licensed in from other companies
CORE OF THE THERAPYAllogeneic CAR-T cells
from healthy donors
TCR removed with TALEN or CRISPR
MOST ADVANCED CANDIDATEcema-cel
Pivotal Phase 2 (ALPHA3)
No product has been approved yet
EMPLOYEES152As of 2 March 2026; 59 of them in R&D and technical operations
CASH ON HANDUS$423.6 millionEnd of June 2026. The company says this lasts into the first quarter of 2029
The one thing to grasp first

Companies involved in iPS cells and regenerative medicine fall into three broad groups: large pharma & strategic partners, genome editing & gene therapy, and iPS cell & cell therapy. Allogene is a company whose primary identity is cell therapy and whose secondary identity is genome editing. Its product candidates are T cells taken from donors, given a CAR gene and then genome-edited so that the T cell receptor (TCR) no longer works Sourced. The important point is that Allogene's lead candidates are not derived from iPS cells. Its only link to iPS cells is a 2019 technology licence from Notch Therapeutics covering iPS cell-derived T and NK cells. In January 2024 Allogene returned the rights to all but one target, and Notch was acquired by Roche in 2025 and dissolved Sourced. This article therefore treats the company as an example of the side that pursues off-the-shelf cell therapy with allogeneic (other-person-derived) cells, without using iPS cells.

2. The logo and how the name is written

A note on names: the legal entity is Allogene Therapeutics, Inc. The logo is a registered trademark of the company, so we have not recreated it with generated imagery; the image used in the header of the official website has been downloaded and placed here. Product candidates are named cema-cel (cemacabtagene ansegedleucel, formerly ALLO-501A), ALLO-316 and ALLO-329. On 1 July 2026 the President and CEO changed from David Chang to Zachary Roberts.

Official site: https://allogene.com/

3. Where the company sits in the iPS cell and regenerative medicine landscape

Three types of company in iPS cells and regenerative medicine All are "regenerative medicine companies", but they cure disease in completely different ways Large pharma & strategic partners Genome editing & gene therapy iPS cell & cell therapy Enter via deals; own distribution Treat by editing genes directly Make cells and transplant them Vertex / Novartis Bristol Myers Squibb, others CRISPR Therapeutics / Intellia Beam / Prime Medicine, others Fate / Sana Cuorips / Heartseed, others Funds for late trials and sales Editing tools and safety depth Scalable manufacturing and QC Thin in-house cell/gene base Exposed to partners' pivots Heavy cost and long-term safety Mainly cell therapy (right), partly genome editing (centre); iPS cells are not its core material It edits donor T cells into an inventory; the editing tools (TALEN / CRISPR) are licensed in from others
Fig. 1 The three types of company in iPS cells and regenerative medicine, and where Allogene sits. The classification is our own, and the example companies are drawn from those covered in this series Our calculation. That Allogene is a clinical-stage developer of allogeneic CAR-T cells, and that it licenses in its editing technology from Cellectis and Arbor Biotechnologies, is based on its Form 10-K.

Looked at by mechanism, Allogene combines the following elements. The issues covered in this series' explainers on autologous versus allogeneic cells, CAR-T cells, genome editing, and MHC and universal donor cells all sit side by side inside this one company.

MechanismHow Allogene uses itCategory
Allogeneic (other-person-derived) cell therapyUses T cells from healthy donors to build an inventory that can serve many patients. The opposite of autologous CAR-T, which uses the patient's own cellsSourced
Genome editing (TALEN)For its cancer candidates. Cellectis's TALEN technology inactivates the T cell receptor alpha (TCRα), a design meant to prevent graft-versus-host disease (GvHD)Sourced
Genome editing (CRISPR)For ALLO-329, aimed at autoimmune disease. Uses a non-exclusive licence to CRISPR technology from Arbor BiotechnologiesSourced
Gene deliveryThe CAR gene is introduced into T cells with a viral vector. The cGMP-grade vector material is made by an outside contract manufacturerSourced
Proprietary rejection-avoidance technology (Dagger)Adds an anti-CD70 CAR so that the patient's own activated T cells do not clear the infused cells too quickly. The aim is to reduce, or avoid, chemotherapySourced
iPS cell-derived cellsThe licence from Notch Therapeutics was returned in 2024 apart from one target. None of the company's clinical candidates is iPS cell-derivedSourced

4. Scale (a development-stage company with no revenue)

Allogene does not sell a product, and it has no approved product Sourced. Because revenue cannot show its size, we look at R&D spending, losses, cash and headcount.

US$ millions20212022202320242025
Revenue (from collaborations)114.10.20.10.00
R&D expense220.2256.4242.9192.3150.2
General and administrative expense74.179.371.765.256.8
Net loss182.1340.4327.3257.6190.9
Capital expenditure (purchases of property and equipment)21.45.21.50.70.4

Source: SEC EDGAR XBRL (each year's Form 10-K). Revenue does not come from product sales. We could not confirm the breakdown of the US$114.1 million of revenue in 2021 from the disclosures we consulted.

Latest indicatorsValueAs of
Cash on hand (cash, cash equivalents and investments)US$423.6 million30 June 2026
Accumulated deficitAbout US$2.1 billion30 June 2026
Net loss, January to June 2026US$85.3 millionUS$110.7 million a year earlier
Employees (of whom R&D and technical operations)152 (59)2 March 2026
How long the company says its cash will lastInto the first quarter of 2029Includes the proceeds of the April 2026 public offering

R&D spending fell by about 41%, from the 2022 peak of US$256.4 million to US$150.2 million in 2025 Our calculation. Capital expenditure dropped from US$65.96 million in 2020, when Cell Forge 1 was being built, to US$0.39 million in 2025 Our calculation.

5. Resources committed to iPS cells and regenerative medicine

Following the checklist used throughout this series, we sort four points (people, money, outside investments, acquisitions and in-licensing, and links with universities and public funding) by whether the primary sources let us confirm them.

AspectWhat the primary sources confirmStatus
People (sites and headcount)Of 152 employees, 59 work in R&D and technical operations (March 2026). In May 2025 the company cut about 28% (61 people) of its workforce, mainly in manufacturing. The 10-Q says that after the April 2026 offering it increased hiring for manufacturing, clinical development and preparation of a marketing applicationConfirmed
Money (R&D spending and facilities)R&D expense in 2025 was US$150.2 million: US$75.5 million internal and US$74.6 million external, of which cema-cel accounted for US$23.4 million. The Cell Forge 1 manufacturing plant is a leased facility of about 118,000 square feet (about 11,000 m², our calculation)Confirmed
Outside investments, acquisitions and in-licensingAcquired allogeneic CAR-T assets from Pfizer in April 2018. Has licensed in technology from Cellectis (TALEN), Arbor (CRISPR), Notch (iPS-derived T and NK cells; mostly returned in 2024) and Antion (miRNA technology; US$2 million invested in 2023)Confirmed
Universities, research institutions and public fundingStrategic alliance with MD Anderson Cancer Center (October 2020, five years; extended by one year in August 2025; US$6 million remains of a funding commitment of up to US$15 million). Up to US$9.2 million (originally US$15 million) from the California Institute for Regenerative Medicine (CIRM) for ALLO-316Confirmed
In-house iPS cell research site, or clinical trials of iPS cell-derived candidatesNot mentioned in the 10-K or 10-Q. References to iPS cells are limited to the Notch agreementCould not be confirmed
A materials engineer's view: scaling manufacturing back after building the plant

In 2019 Allogene leased a building of about 118,000 square feet to build Cell Forge 1, and in 2020 its capital expenditure reached US$65.96 million Sourced. In May 2025, however, it narrowed its manufacturing activity and cut manufacturing-related staff Sourced. The 10-K explains that the company holds enough cema-cel and ALLO-329 inventory to finish its ongoing trials. Allogeneic cells have the property that one manufacturing run can produce doses for many patients and be stored frozen, so building inventory first lets trials continue even with the plant idled. The flip side is that once a product is approved and moves to commercial production, the idled organisation has to be started up again. The company itself writes that it cannot yet estimate the cost of commercial production in a reliable way, and says restarting manufacturing could require rehiring, retraining, re-establishing processes and regulatory inspection Sourced.

6. Track record so far

WhenWhat happenedWhat it means
November 2017Incorporated in Delaware. The founders were executives who led development of the CAR-T therapy Yescarta at Kite Pharma (now part of Gilead)People with autologous CAR-T experience taking on the allogeneic challenge
April 2018Acquired allogeneic CAR-T assets from Pfizer (including agreements with Cellectis and Servier)Secured TALEN editing and CD19 rights
February 2019Leased a building in Newark (about 118,000 square feet) for a manufacturing plantInvestment in in-house manufacturing
November 2019Licence agreement with Notch Therapeutics (gene-edited T and NK cells derived from iPS cells)Its only point of contact with iPS cells
October 2020Five-year strategic alliance with MD AndersonJoint clinical and preclinical research
December 2020Licensed rights to a joint venture covering China and other territories (later Overland Therapeutics)Development and commercial rights in Asia
January 2022Alliance with Antion Biosciences on miRNA technology (miCAR)Next-generation cell design
January 2024Amended the Notch agreement and returned all but one target. The same month, signed a collaboration agreement with Foresight DiagnosticsA step back from iPS-derived candidates, and a strategy of pairing with MRD testing
June 2024Started ALPHA3, the pivotal Phase 2 trial of cema-celTargets patients who are MRD-positive after first-line treatment
October 2024ALLO-316 received RMAT designation from the FDAProgress in solid tumours
January to April 2025The FDA cleared the IND for ALLO-329, and Fast Track designation was granted for three autoimmune diseasesExpansion beyond cancer
May 2025Scaled back manufacturing and cut about 28% of employeesCash concentrated on clinical trials
August 2025Closed the ALPHA3 arm that added the anti-CD52 antibody ALLO-647 (one Grade 5 adverse event attributed to ALLO-647)Lymphodepletion limited to standard FC (fludarabine plus cyclophosphamide)
December 2025An arbitration ruling between Cellectis and Servier ended the licence for the earlier candidate ALLO-501 (rights to cema-cel were kept). The same month, Foresight Diagnostics became part of NateraTidying up the rights in its collaborations
April 2026Announced the interim futility analysis of ALPHA3, followed immediately by a public offering (US$2.00 per share, about US$187.9 million received)The company says the offering extends its cash into the first quarter of 2029
May 2026Terminated the licence with Overland TherapeuticsEnded the Asian joint-venture relationship
July 2026The ALPHA3 development programme for cema-cel received RMAT and Fast Track designations. The Phase 1 results for ALLO-316 were published in the Journal of Clinical OncologyNow eligible for expedited-pathway benefits ahead of a marketing application

7. Plans ahead

ALPHA3 ENROLMENT COMPLETEEnd of 2027About 220 people to be randomised
INTERIM EFS ANALYSISMid-2027The company also notes that it may not disclose the result
PRIMARY EFS ANALYSISMid-2028The primary endpoint is event-free survival
ALLO-329 DATA UPDATESecond half of 2026Clinical and translational data

ALPHA3 is enrolling at more than 80 sites in the United States, Canada, South Korea and Australia, and is expected to reach about 100 sites once it expands into the European Union. The company writes that it has stepped up hiring to prepare for manufacturing, clinical development and a Biologics License Application (BLA) Sourced. For ALLO-316, it believes it has aligned with the FDA on the design of a registrational trial, but it is still exploring strategic options, including a partnership Sourced.

What could not be confirmed

None of the following appears in the 10-K or 10-Q Not yet confirmed.

The annual production capacity of Cell Forge 1 (how many patients it can supply) / how many patients' worth of investigational product one manufacturing run yields / the cost of commercial production (the company itself says it cannot estimate it) / the timing and price of any approval / the partner for ALLO-316 and the start date of a registrational trial. Estimates from press reports or research firms are not used in this article.

8. What the company is aiming for in iPS cells and regenerative medicine

This section includes things the company does not say directly. We set them out as inferences within what the primary sources support, with the evidence for each.

What the evidence suggestsPrimary information it rests onCategory
To turn CAR-T from "a drug made patient by patient in a hospital" into "a drug taken from inventory"The 10-K's wording on off-the-shelf products and on delivering treatment faster, more reliably and at greater scale. At the time of the ALPHA3 interim analysis, about one third of screening and infusions took place at community cancer centresSourced
It is putting donor T cells at the centre, not iPS cellsAll three lead candidates are donor-derived T cells. The iPS-derived technology was returned in 2024 apart from one targetSourced
It is aiming for its first approval on cema-cel aloneAmong 2025 external R&D costs, cema-cel (US$23.4 million) is the only candidate named by product. ALLO-316 is looking for a partnerInference
In future it wants cells that can be given without chemotherapyThe Dagger technology is described as designed to reduce or avoid standard lymphodepletion. ALLO-329 is being tested in a cohort without lymphodepletionSourced
It sees autoimmune disease as its second pillarALLO-329 is positioned as one of its three main candidates and has Fast Track designation in three diseasesInference
It is keeping to a policy of owning its manufacturing rather than outsourcing itIt kept the plant even after the cutbacks. The 10-K does, however, mention the possibility of relying on a CDMO (contract development and manufacturing organisation) in futureInference
One inference in more detail

The ALPHA3 patients are people who appear to be in remission after first-line treatment but still have cancer-derived DNA in their blood (MRD). Giving these patients CAR-T "without waiting for relapse" means the product has to be usable as soon as a test comes back positive. Autologous CAR-T, made from the patient's own cells, involves a wait for manufacturing; an allogeneic product made in advance can be taken from inventory. The 10-K reports that in the Phase 1 ALPHA and ALPHA2 trials the median time from enrolment to the start of treatment was 2 days, and contrasts this with autologous CAR-T, which often takes more than a month Sourced. From this we read the existence of an inventory as more than a manufacturing convenience for Allogene: it is the condition that makes the trial design itself work Inference.

9. Partnership map for iPS cells and regenerative medicine

Partnerships centred on Allogene Only relationships described in the FY2025 10-K and the June 2026 10-Q; press-based relationships are excluded Allogene Allogeneic CAR-T Cellectis In-licensed TALEN editing Servier CD19 rights (former Pfizer deal) Arbor Biotechnologies Non-exclusive CRISPR licence Roche (formerly Notch) iPS T/NK tech, mostly returned Foresight Diagnostics MRD testing; part of Natera MD Anderson / CIRM Joint research / clinical grants Antion Biosciences: miRNA tech and US$2 million stake Licensing / co-development Equity / M&A Public funds, universities, institutes
Fig. 2 Partnerships centred on Allogene. Sources: Form 10-K for FY2025 and Form 10-Q for the period ended June 2026. Only relationships described in both filings are shown. Not shown: Pfizer, from which Allogene acquired assets in 2018, and Overland Therapeutics, whose licence was terminated in May 2026 (Allogene holds about 3%).
How to read the partnerships

Allogene's partnerships are almost all about bringing technology in. TALEN (Cellectis), CRISPR (Arbor), iPS-derived T and NK cell technology (Notch) and miRNA technology (Antion) are all other companies' technologies. The only case of Allogene licensing technology out was to Overland, the Asian joint venture, and that ended in May 2026 Sourced. The company does not own the gene-editing tools themselves; its emphasis appears to be on how to make cells that combine those tools, and which patients to use them in and how Inference.

10. The technologies and products it offers

There is no approved product. The candidates in development are listed below. All are unapproved investigational products, and neither efficacy nor safety has been established.

CandidateTargetStage (trial name, NCT number)Primary endpoint
cema-cel (formerly ALLO-501A)
Anti-CD19 allogeneic CAR-T
MRD-positive large B-cell lymphoma after first-line treatmentIn development (pivotal Phase 2). ALPHA3, NCT06500273. Estimated enrolment on ClinicalTrials.gov is 250Event-free survival as determined by an independent review committee
ALLO-316
Anti-CD70 allogeneic CAR-T
Advanced or metastatic clear cell renal cell carcinomaIn development (Phase 1). TRAVERSE, NCT04696731. Enrolment completeDose-limiting toxicity
ALLO-329
Anti-CD19/anti-CD70 allogeneic CAR-T (Dagger technology)
Systemic lupus erythematosus (including lupus nephritis), idiopathic inflammatory myopathy, systemic sclerosisIn development (Phase 1). RESOLUTION, NCT07085104. EnrollingSafety, including dose-limiting toxicity

The results published so far all come from small single-arm studies or interim analyses, and do not guarantee approval or treatment benefit.

ResultFigureComparator and time point
ALPHA3 interim analysis (cema-cel, conversion to MRD-negative)cema-cel arm 58.3% (7/12); observation arm 16.7% (2/12)First 24 randomised patients. MRD assessed at day 45. EFS and other primary endpoints remain blinded
ALPHA3 interim analysis (change in ctDNA)Median 97.7% decrease in the cema-cel arm; 26.6% increase in the observation armDay 45, versus baseline
ALLO-316 (renal cell carcinoma, confirmed response rate)25.0% (5/20 patients). 31.3% (5/16) among the 16 with high CD70 expressionPhase 1b expansion cohort, single arm with no comparator. Data cut-off 3 November 2025. IEC-HS-like syndrome in 8 of 22 patients (36.4%)
A materials engineer's view: the step that "trims away cells" decides quality

The 10-K describes three stages of manufacturing: (1) collecting donor white blood cells, expanding them and introducing the CAR gene with a viral vector; (2) genome editing to inactivate TCRα (and, for some candidates, CD52); and (3) purification, formulation and storage Sourced. From a materials and process standpoint, the following points matter.

First, purification that removes the cells that were not edited. T cells that keep their TCR can cause GvHD, so both editing efficiency and the removal step feed directly into the quality specification (this is our explanation; the company does not disclose process details). Second, the viral vector material is bought from an outside contract manufacturer. The cGMP-grade vector used to introduce the CAR gene is made externally, so there is a supply risk outside the company's own plant Sourced. Third, the cells can be frozen and held as inventory. Because storage becomes part of quality, the cryopreservation medium, the container and cell viability after thawing all affect how usable a product is. The 10-K also says the company invests in improved analytical methods and equipment, but it does not name specific materials.

11. The risks this company carries

RiskDetailsCategory
No approved product yetNo revenue, and an accumulated deficit of about US$2.1 billion. The company says its cash lasts into the first quarter of 2029Sourced
First approval depends on a single trialThe outlook for the company will change greatly depending on the ALPHA3 result for cema-cel. The 10-Q notes that interim EFS results may not be disclosed in order to keep the study blindedSourced
Safety eventsOne Grade 5 adverse event in the ALPHA3 arm combined with ALLO-647 led to the end of ALLO-647's development. IEC-HS-like syndrome was reported in 8 of 22 patients with ALLO-316Sourced
A single manufacturing siteCell Forge 1 is the only plant. If it became unusable the company would have to search for a CDMO again. There is also the effort of restarting after the cutbacksSourced
Reliance on others for editing technologyTALEN comes from Cellectis and CRISPR from Arbor. An arbitration between Cellectis and Servier has already ended the licence for ALLO-501Sourced
Allogeneic cells may be rejectedThe patient's immune system clears the infused cells, so the design relies on lymphodepletion (chemotherapy) and the Dagger technology to create a window in which the cells can persist. Whether that works has to be confirmed in trialsSourced
Commercial production cost is unknownThe company itself writes that it cannot estimate the cost of commercial production in a reliable waySourced

12. Glossary

Allogeneic
Using cells from another person (a donor). Contrasted with "autologous", which uses the patient's own cells.
CAR-T cell
A T cell given an artificial receptor (CAR) that recognises a marker on cancer cells or other targets.
TCR (T cell receptor)
The receptor T cells use to recognise their targets. In allogeneic cells it is inactivated so that they do not attack the patient's tissues.
GvHD
Graft-versus-host disease. A reaction in which infused T cells from another person attack the patient's normal tissues.
TALEN / CRISPR
Genome-editing tools that cut specific DNA sequences. For the candidates in this article, both are licensed in from other companies.
MRD
Minimal residual disease. Traces of cancer left in the body that ordinary imaging cannot see. It is checked with tests such as cancer-derived DNA in the blood.
EFS
Event-free survival. The time until an event such as relapse or progression of disease occurs.
RMAT
Regenerative Medicine Advanced Therapy. An FDA programme that speeds up the development and review of regenerative medicine products. Designation does not mean approval.
Dagger technology
A design that adds an anti-CD70 CAR to prevent the patient's activated T cells from clearing the infused cells too early.
IEC-HS
Immune effector cell-associated haemophagocytic lymphohistiocytosis-like syndrome. An excessive immune reaction that can occur after CAR-T infusion.
Fig. 3 Concept diagram of Allogene's allogeneic CAR-T approach. This is an AI-generated concept image and does not depict actual equipment or products.

13. References

  1. Allogene Therapeutics Form 10-K for the fiscal year ended December 31, 2025 (filed with the U.S. SEC on 12 March 2026). Business description, manufacturing, collaboration agreements, headcount, breakdown of R&D expense, CIRM grant and risks. https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
  2. Allogene Therapeutics Form 10-Q for the quarterly period ended June 30, 2026 (filed with the U.S. SEC on 12 August 2026). ALPHA3 interim analysis, the ALLO-316 paper, ALLO-329, termination of the Overland agreement, the public offering and cash on hand. https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
  3. U.S. SEC EDGAR XBRL company facts API (CIK 0001737287). Revenue, R&D expense, G&A expense, net loss and capital expenditure for 2021 to 2025. https://data.sec.gov/api/xbrl/companyfacts/CIK0001737287.json
  4. ClinicalTrials.gov NCT06500273 (ALPHA3: Phase 2 of cema-cel. The primary endpoint is event-free survival as determined by an independent review committee). https://clinicaltrials.gov/study/NCT06500273
  5. ClinicalTrials.gov NCT07085104 (RESOLUTION: Phase 1 of ALLO-329. The primary endpoint is safety, including dose-limiting toxicity). https://clinicaltrials.gov/study/NCT07085104
  6. ClinicalTrials.gov NCT04696731 (TRAVERSE: Phase 1 of ALLO-316. The primary endpoint is dose-limiting toxicity). https://clinicaltrials.gov/study/NCT04696731
  7. Allogene Therapeutics Official website (to confirm the company profile and logo). https://allogene.com/

14. Claim-to-source audit

Claim in the articleCategorySource
Legal name, incorporation, head office address, listing venueSourcedReferences 1 and 7 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://allogene.com/
152 employees (59 in R&D and technical operations); cut of about 28% (61 people) in May 2025SourcedReferences 1 and 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Revenue, R&D expense, G&A expense, net loss and capital expenditure for 2021 to 2025SourcedReferences 3 and 1 https://data.sec.gov/api/xbrl/companyfacts/CIK0001737287.json https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Breakdown of R&D expense (US$75.5 million internal, US$74.6 million external, of which US$23.4 million for cema-cel)SourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Cash on hand of US$423.6 million, accumulated deficit of about US$2.1 billion, cash lasting into the first quarter of 2029SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
April 2026 public offering (US$2.00 per share, about US$187.9 million in net proceeds)SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Products are allogeneic CAR-T cells. TCR inactivated with TALEN (Cellectis) and CRISPR (Arbor)SourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Three stages of manufacturing (collection and gene introduction, genome editing, purification, formulation and storage)SourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Cell Forge 1 is the only manufacturing site. Leased, about 118,000 square feet. Vector material is made externallySourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
The company says inventory is enough to complete ongoing trials after the manufacturing cutback. It cannot estimate commercial production costSourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Design of ALPHA3 (about 220 people randomised, comparison with an observation arm, EFS as the primary endpoint)SourcedReferences 1 and 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
ALPHA3 interim analysis (MRD-negative conversion 58.3% versus 16.7%, change in ctDNA)SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
ALPHA3: interim EFS analysis in mid-2027, enrolment complete at the end of 2027, primary analysis in mid-2028SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Estimated enrolment of 250 and the primary endpoint of NCT06500273SourcedReference 4 https://clinicaltrials.gov/study/NCT06500273
ALLO-316 results (confirmed response rate 25.0%, IEC-HS 36.4%) and alignment with the FDA on the registrational trial designSourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Primary endpoint of NCT04696731SourcedReference 6 https://clinicaltrials.gov/study/NCT04696731
ALLO-329 design (single insertion at the TRAC site, two lymphodepletion regimens) and timing of data updatesSourcedReferences 1 and 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Primary endpoint of NCT07085104SourcedReference 5 https://clinicaltrials.gov/study/NCT07085104
Return of the Notch agreement (iPS cell-derived T and NK cells); Roche's acquisition and dissolution of NotchSourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Arbitration ruling between Cellectis and Servier; end of the ALLO-501 licenceSourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
MD Anderson alliance; CIRM grant (up to US$9.2 million)SourcedReferences 1 and 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Termination of the Overland licence (May 2026); holding of about 3%SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
MRD testing collaboration with Foresight Diagnostics (commitment of about US$37.3 million in spending)SourcedReference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Timing of RMAT and Fast Track designationsSourcedReferences 1 and 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Change of CEO (1 July 2026)SourcedReference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Fall in R&D expense (about 41%), fall in capital expenditure from its peak, conversion of plant areaOur calculationCalculated for this article from the figures in references 3 and 1
The three-type classification, and the framing of Allogene as primarily cell therapy and secondarily genome editingOur calculationThis article's own classification
Production capacity of Cell Forge 1, patients per manufacturing run, timing and price of approvalNot yet confirmedNot stated in reference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
Partner for ALLO-316 and start date of a registrational trialNot yet confirmedNot stated in reference 2 https://www.sec.gov/Archives/edgar/data/1737287/000162828026056213/allo-20260630.htm
Clinical trials of iPS cell-derived candidates, or an in-house iPS cell research siteNot yet confirmedNot stated in reference 1 https://www.sec.gov/Archives/edgar/data/1737287/000162828026017242/allo-20251231.htm
The reading that the existence of an allogeneic inventory is a condition that makes the trial design workInferenceThis article's interpretation, based on the description of ALPHA2 in reference 1
The reading that it is aiming for its first approval on cema-cel aloneInferenceThis article's interpretation, based on the breakdown of external R&D costs in reference 1
The reading that it sees autoimmune disease as its second pillarInferenceThis article's interpretation, based on the positioning of ALLO-329 in references 1 and 2
The reading that it is keeping to a policy of owning its manufacturingInferenceThis article's interpretation, based on the description of manufacturing strategy in reference 1
The reading that its partnerships mostly bring technology in, with emphasis on how cells are made and used rather than on developing toolsInferenceThis article's interpretation, based on the descriptions of the collaboration agreements in references 1 and 2
Explanation from the viewpoint of purification, cryopreservation and materialsInferenceThis article's own explanation; the company does not disclose process details

Last updated 1 October 2026 / Troy Technical
Every figure in this article comes from the statutory filings Allogene Therapeutics has made with the U.S. Securities and Exchange Commission (SEC) and from ClinicalTrials.gov registrations. No research-firm estimates or press-based figures have been used. Passages marked "Inference" are this article's interpretation of the primary sources, not statements made by the company. This article is not medical advice, does not recommend any particular treatment or product, and makes no comparison of its merits with other companies' products.

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