Lakefront Biotherapeutics to Present at the Jefferies Healthcare Conference in London
The announcement was made in a press release issued on November 10, 2026, at 10:01 p.m. from Mechelen (Belgium). The biotech company, listed on Euronext and Nasdaq, will hold a live-webcast interview as part of the Jefferies global healthcare conference in London.
A Live-Webcast Interview at 3:00 p.m., Archived for 90 Days
The presentation is scheduled for 2:00 p.m. GMT, which corresponds to 3:00 p.m. Central European Time, during the 2026 Jefferies Global Healthcare Conference. This is a financial communication agenda announcement concerning this speaking appearance before the investment community.
The webcast will be accessible from the Investors section of the company's website, under “Webcasts & Events.” A recording will be posted online after the event and will remain archived for a maximum of 90 days.
Gamgertamig, the Lead Candidate in an Immunology Portfolio
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Lakefront Biotherapeutics describes itself as a biotech company building a portfolio of medicines for patients with serious diseases, where the medical need remains largely unmet. Its clinical portfolio focuses on immunology and inflammatory diseases.
Gamgertamig is the lead candidate: this BCMAxCD3 T-cell engager targets autoimmune diseases, and the company describes it as potentially first-in-class and best-in-class.
The group says it intends to “identify, acquire and develop high-quality assets” by drawing on its deal-making expertise, its operational flexibility and its capital position.
This appearance follows the announcement, on November 4, 2026, that a poster on gamgertamig had been accepted for presentation at the American Society of Hematology annual meeting, scheduled for December 12 to 15 in New Orleans. On October 14, the group had announced the divestment of its early-stage CAR-T cell therapy programs.
SectorPharmacie et biotechnologies›Biotechnologies
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 18,6 millions d'euros
Quarterly revenue: 18,6 millions d'euros
Revenue growth: -86,7 %
Net income: 16,6 millions d'euros
Guidance from the release
Maintain year-end 2026 cash guidance of ~€2B, forecast at least €1.6B remaining after portfolio funding
Risks mentioned
Wind-down of cell therapy activities remains ongoing with completion expected by Q3 2026, representing significant portfolio contraction and operational disruption
Collaboration revenues declined 96% year-over-year to €4.5M (from €121.8M in H1 2025) due to full deferred revenue recognition from Gilead platform agreement in 2025
Heavy dependence on gamgertamig development success and regulatory approval timeline; clinical development delays or unfavorable data could materially impact capital allocation and company viability
Opportunities identified
Acquisition of Ouro Medicines completed in June 2026, combining Lakefront and Gilead teams to accelerate gamgertamig development with expected additional proof-of-concept basket studies in autoimmune indications during 2027
Gamgertamig has received Fast Track and Orphan Drug Designation from FDA for AIHA and ITP, with registrational studies expected to commence in 2027
Lakefront maintains strong capital position with €2.24B in cash and investments as of June 30, 2026, providing substantial dry powder (€1.6B minimum) for strategic transactions after portfolio funding to first approval
Outlook / guidance
Management commentary: Maintain year-end 2026 cash and financial investments balance guidance of ~€2B, and now includes €50M share repurchase. Lakefront forecasts having at least €1.6 billion of its cash remaining for additional strategic transactions and other capital allocation priorities.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
