
Estrella Immunopharma Receives Buy Rating from CB Capital Partners with a $14.00 Price Target
Estrella Immunopharma, Inc. (NASDAQ: ESLA) (“Estrella” or the “Company”), a clinical-stage biopharmaceutical company pioneering the development of CD19 and CD22-targeted ARTEMIS® T-cell therapies for cancer and autoimmune diseases, today announced that CB Capital Partners has initiated coverage on the Company. The investment firm has assigned a “Buy” rating and a price target of $14.00, reflecting confidence in Estrella’s proprietary approach to T-cell therapy and the transformative potential of its treatment pipeline.

Dr. Cheng Liu, President and Chief Exeve Officer of Estrella, expressed appreciation for the recognition from CB Capital Partners, emphasizing houti w the firm’s assessment validates the Company’s innovative T-cell therapy approach and its potential toefine cancer treatment.
“We appreciate CB Capital’s detailed evaluation of our proprietary ARTEMIS® T-cell platform and the progress we have made with EB103,” said Dr. Liu. “Their report highlights the unique attributes of our approach to T-cell therapy and underscores the potential for our pipeline to deliver transformative treatments to cancer patients.”
Key Insights from CB Capital’s Report report underscores the significant advantages of Estrella’s ARTEMIS® platform and its lead candidate, EB103, across multiple dimensions:
1. Superior Safety and Efficacy
The ARTEMIS® platform is specifically designed to address many of the challenges faced by traditional CAR-T therapies. Traditional CAR-T treatments, while groundbreaking, are often associated with significant safety risks, such as cytokine release syndrome (CRS) and immune effector cell-associated neurotoxicity syndrome (ICANS). CB Capital notes that clinical data for EB103 demonstrate high response rates with a substantially improved safety profile, showing no severe CRS or ICANS in treated patients. This best-in-class safety and efficacy profile positions EB103 as a compelling option for patients with hematological malignancies who may not be candidates for currently available treatments.
2. Expanded Patient Access
EB103 targets a significant unmet medical need by expanding access to patients who have been underserved by existing therapies. Traditional CAR-T treatments often exclude high-risk patients, including those with HIV-associated non-Hodgkin lymphoma (NHL) and central nervous system (CNS) lymphoma, due to their susceptibility to severe treatment-related toxicities. The improved safety profile of EB103 could open the door for broader clinical adoption, allowing more patients to receive life-saving immunotherapy. Additionally, the reduced toxicity associated with ARTEMIS® T-cell therapies means that treatments could be administered in a wider range of healthcare settings beyond specialized centers, further increasing accessibility for patients in need.
3. Strong Strategic Appeal
CB Capital’s analysis also highlights Estrella’s strategic positioning in the biopharmaceutical industry. The ARTEMIS® platform’s innovative design, combined with its promising clinical data, makes Estrella an attractive candidate for strategic partnerships, licensing agreements, and potential acquisition opportunities. Moreover, the potential for expedited regulatory pathways and orphan drug designations further enhances Estrella’s long-term investment appeal. Investors are particularly interested in companies with the potential to secure favorable regulatory support, and CB Capital believes that Estrella could benefit from such opportunities as it progresses through clinical trials and toward commercialization.
CB Capital’s Independent Analysis and Report
Estrella previously engaged CB Capital Partners as a financial advisor to assist in the preparation of a comprehensive Initiation Research Report. This independent analysis evaluates Estrella’s business model, financial outlook, and market positioning, offering a detailed review of:
- Corporate History and Strategic Objectives: Providing an overview of Estrella’s founding, growth trajectory, and long-term goals in the immunotherapy space.
- Financial Projections and Market Potential: Analyzing the potential market size for ARTEMIS® T-cell therapies and forecasting revenue growth based on expected regulatory approvals and commercialization milestones.
- Industry Comparables and Competitive Landscape: Benchmarking Estrella against industry peers to assess competitive advantages and positioning in the rapidly evolving immunotherapy market.
A full copy of CB Capital Partners’ research report can be accessed directly from CB Capital or its affiliated research platform.
Important Considerations for Investors
It is important to note that CB Capital Partners’ rating and price target represent the firm’s independent assessment of Estrella’s securities. The Company itself does not endorse or affirm the accuracy of the analyst’s report, nor does it make any guarantees regarding the price target set by CB Capital.
Additionally, while ratings and price targets can provide valuable insights for investors, they should not be the sole factor in making investment decisions. Market risks, macroeconomic factors, and company-specific developments could all influence stock performance in ways that differ from analysts’ projections. Investors should consider multiple sources of information and perform their own due diligence when evaluating any investment opportunity.
About Estrella Immunopharma
Estrella Immunopharma is a clinical-stage biopharmaceutical company focused on the development of next-generation T-cell therapies to address hematological malignancies and autoimmune diseases. Utilizing its proprietary ARTEMIS® platform, the Company aims to overcome the limitations of conventional CAR-T therapies by improving safety, durability, and accessibility. Estrella’s lead candidate, EB103, is currently in clinical trials for the treatment of relapsed or refractory B-cell malignancies, and the Company continues to expand its pipeline to explore additional therapeutic applications.
With a commitment to advancing transformative immunotherapies, Estrella Immunopharma seeks to improve patient outcomes and broaden access to life-saving treatments. For more information, visit www.estrella-immunopharma.com.