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Legend Biotech's stock weakness after a rival treatment update is considered "overdone" by RBC. The company's lead product candidate, cilta-cel, targets B-cell maturation antigen in multiple myeloma and other cancers. Legend Biotech also has a portfolio of earlier-stage autologous CAR-T product candidates and is developing allogeneic gamma delta CAR-T and CAR-NK product candidates for various indications.

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