Atara Biotherapeutics Receives Complete Response Letter from FDA
Atara Biotherapeutics announced that the FDA has issued a complete response letter, or CRL, for the Ebvallo biologics license application as monotherapy treatment for adult and pediatric patients two years of age and older with Epstein-Barr virus positive post-transplant lymphoproliferative disease, who have received at least one prior therapy including an anti-CD20 containing regimen. The CRL indicates that the FDA is unable to approve the Ebvallo BLA in its present form. The BLA was resubmitted in 2025 after reaching alignment with the FDA on the acceptability of the resubmission criteria and fulfilment of the conditions as identified in the first complete response letter dated January 15. In the First CRL, the FDA identified a single deficiency regarding good manufacturing practice compliance and did not raise any concerns with respect to the safety, efficacy or trial design. In the current CRL, received after market close on January 9, the FDA confirmed that the GMP compliance issues had been satisfactorily resolved, and importantly, no safety issues were raised. However, in a complete reversal of position by the FDA, the CRL claims that the single arm ALLELE trial, which was previously confirmed by the FDA as adequate to support the BLA filing, is no longer considered to be adequate to provide evidence of effectiveness for accelerated approval. Furthermore, the FDA stated that the trial's interpretability is confounded due to trial study design, conduct, and analysis. The FDA's new position is contrary to the FDA's prior guidance to Atara, the FDA's alignment with Atara on the clinical trial data set, and the acceptance of the trial design as a single arm study as relevant for this patient population at BLA submission. This prior alignment had been reached by Atara and the FDA through multiple, documented meetings held over the past five plus years. In November 2025, Atara transferred the BLA to Pierre Fabre Pharmaceuticals, the U.S. pharmaceutical subsidiary of Pierre Fabre Laboratories. As a first step towards resolution, PFP intends to request a Type A meeting and expects it to be granted within 45 days. PFP and Atara plan to urgently interact with the FDA to find a path forward for the timely accelerated approval of Ebvallo without which patients with EBV+ PTLD have extremely limited treatment options and a life expectancy often measured in weeks to months.
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- Investigation Launched: Pomerantz LLP is investigating claims on behalf of Atara Biotherapeutics investors regarding potential securities fraud or other unlawful business practices, indicating serious concerns about the company's governance.
- FDA Application Denied: On January 12, 2026, Atara announced that its EBVALLO™ Biologics License Application was rejected by the FDA via a Complete Response Letter (CRL), indicating that the application is currently inadequate for approval, which impacts the company's future product launch plans.
- Stock Price Plummets: Following the FDA's CRL announcement, Atara's stock price fell by $7.79, a decline of 56.99%, closing at $5.88 per share, reflecting market pessimism regarding the company's outlook.
- Legal Implications: Pomerantz LLP, recognized for its expertise in securities litigation, may provide legal support to affected investors, further intensifying the legal and financial pressures faced by Atara.
- FDA Rejection: On January 12, 2026, Atara announced that the FDA issued a Complete Response Letter for the EBVALLO™ Biologics License Application, indicating that the current application form cannot be approved, which impacts the company's future product launch plans.
- Clinical Trial Issues: The FDA stated that Atara's single-arm ALLELE trial is no longer considered adequate to support accelerated approval due to confounding issues in trial design and analysis, potentially undermining the evidence of effectiveness and harming the company's reputation.
- Stock Price Plunge: Following the FDA announcement, Atara's stock price fell by $7.79, a decline of 56.99%, closing at $5.88 per share, which directly affects investor confidence and may complicate future financing efforts.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Atara and its executives have engaged in securities fraud or other unlawful business practices, potentially leading to a class action lawsuit and exacerbating the legal risks faced by the company.

- FDA Response Impact: On January 12, 2026, Atara announced that the FDA issued a Complete Response Letter for the EBVALLO™ Biologics License Application, indicating that the application cannot be approved in its current form, resulting in a stock price drop of $7.79, or 56.99%.
- Clinical Trial Issues: The FDA stated that Atara's single-arm ALLELE trial is no longer considered adequate to support accelerated approval, with design and analysis flaws rendering the results difficult to interpret, directly impacting the company's market outlook.
- Investor Attention: Pomerantz LLP is investigating whether Atara and its executives engaged in securities fraud or other unlawful business practices, advising investors to contact the firm for more information, which may lead to a class action lawsuit.
- Potential Legal Consequences: This investigation could expose Atara to legal liabilities, further affecting shareholder confidence and market performance, prompting investors to closely monitor future developments.

- FDA Rejection: On January 12, 2026, Atara announced that the FDA issued a Complete Response Letter for its EBVALLO™ Biologics License Application, indicating that the application cannot be approved in its current form, which jeopardizes the company's future product launch plans.
- Clinical Trial Issues: The FDA stated that Atara's single-arm ALLELE trial is no longer considered adequate to support accelerated approval, with concerns over trial design and analysis potentially leading to insufficient evidence of efficacy, impacting the company's credibility.
- Significant Stock Drop: Following the FDA announcement, Atara's stock plummeted by $7.79, a 56.99% decline, closing at $5.88 per share, which directly affects investor confidence and may lead to further legal actions.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Atara and its executives engaged in securities fraud or other unlawful business practices, potentially triggering a class action lawsuit and increasing the legal risks faced by the company.
- Clinical Trial Results: Atara's Ebvallo met its primary efficacy endpoint in the ALLELE trial, demonstrating an acceptable safety profile; however, the FDA raised concerns about the trial's interpretability, impacting the likelihood of accelerated approval.
- Regulatory Timeline: Ebvallo received EU marketing authorization on December 16, 2022, but faced a second Complete Response Letter from the FDA on January 9, 2026, citing deficiencies in trial design and analysis without raising manufacturing or safety issues.
- Financial Constraints: Atara is currently at an extremely constrained net liquidity level, having monetized part of its Ebvallo EU royalties through the HCRx transaction, but the FDA rejection leaves very few unencumbered assets or cash flow streams available for financing.
- Future Pathway: Atara and Pierre Fabre Pharmaceuticals will need to conduct an additional clinical trial to address the FDA's concerns, which is expected to increase costs and potentially extend timelines to 2-3 years, with Atara still bearing some financial impact.
- FDA Rejection Letter: Atara Biotherapeutics received a Complete Response Letter (CRL) from the FDA for its EBVALLO Biologics License Application (BLA), indicating that the application cannot be approved in its current form, leading to a 56.99% drop in stock price to $5.88 during Monday's trading.
- Clinical Trial Issues: Although the FDA confirmed that GMP compliance issues were resolved, it reversed its previous stance on the adequacy of the single-arm ALLELE trial, stating that its design and analysis are confounded, which undermines Atara's strategic plans for accelerated approval.
- Transfer and Collaboration: In November 2025, Atara transferred the BLA to Pierre Fabre Pharmaceuticals, which plans to request a Type A meeting with the FDA within 45 days to identify a path forward for EBVALLO, highlighting the urgency of addressing patient needs.
- Patient Impact: Patients with EBV+ PTLD face extremely limited treatment options, and the urgent collaboration between Atara and Pierre Fabre aims to expedite communication with the FDA to provide effective treatment options, reflecting the company's crisis response strategy.








