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FDA Rejects Atara's Ebvallo Amid Stock Surge and Concerns

2/26/2026

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Story summary
  • The U.S. FDA rejected Atara Biotherapeutics' Ebvallo for post-transplant lymphoproliferative disease (PTLD) due to insufficient clinical data.
  • The decision came despite internal support and European approval, prompting concerns about FDA consistency under new leadership and a 20% rise in Atara Biotherapeutics' stock.
  • Ebvallo targets EBV-infected B lymphocytes and had a 48.8% response rate in trials involving more than 430 patients.