
What smart money is saying about Arcellx, Inc.
2 funds in our archive have pitched Arcellx, Inc. — most recently Baron Health Care Fund in December 2025.
Arcellx, Inc., a clinical-stage biotechnology company, engages in the development of various immunotherapies for patients with cancer and other incurable diseases. The company's lead ddCAR product candidate is CART-ddBCMA, which is in phase 1 clinical trial for the treatment of patients with relapsed or refractory (r/r) multiple myeloma (MM). It is also developing ACLX-001, an immunotherapeutic combination composed of ARC-T cells and bi-valent SparX proteins targeting BCMA to treat r/r MM; ACLX-002 and ACLX-003 for treating r/r acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS); and other AML/MDS product candidates, as well as solid tumor programs. The company was formerly known as Encarta Therapeutics, Inc. and changed its name to Arcellx, Inc. in January 2016. Arcellx, Inc. was incorporated in 2014 and is headquartered in Gaithersburg, Maryland.
Fund coverage · 2 theses
- Baron Health Care FundDecember 2025
Arcellx, Inc. is advancing a differentiated BCMA CAR-T therapy with favorable safety and anticipated 2026 launch despite competitive pressures.
Read the full thesis - Baron Health Care FundDecember 2024
Arcellx, Inc. is a biotechnology company well positioned to capture a significant share of the $12 billion multiple myeloma cell therapy market, offering a competitive treatment with fewer risks and potential manufacturing advantages through its partnership with Gilead.
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