Elicera and the EIC Accelerator: Armed CAR-T Shows Responses

29 September 2026925 words5 min

CAR-T therapy re-engineers a patient's own T cells to attack cancer, and Elicera Therapeutics, based in Gothenburg, adds a weapon. Its iTANK platform makes the cells release a neutrophil-activating protein from the bacterium Helicobacter pylori, meant to call in the rest of the immune system and overcome problems such as tumours hiding their target and suppressing T cells, according to its EIC project.

The European Innovation Council granted €2,499,999 towards a €3.6 million project from October 2022 to September 2025 that paid for CARMA, the first human trial of ELC-301, a CD20-targeted CAR-T for B-cell lymphoma. The final report says six patients were treated in the first two dose cohorts, four with complete metabolic responses, at "only 10 to 30% of the intended maximum dose". In August 2026 Elicera reported that the Phase I part was complete, with tumour responses in 10 of 11 patients evaluated and no dose-limiting toxicities.

€2.50MEIC grant, 69% of a €3.6M project
10 of 11Evaluated patients with a tumour response
17 daysVein-to-vein manufacturing time
SEK 54.6MRaised in the 2026 rights issue

Company file

Legal entity
Elicera Therapeutics AB (publ), Gothenburg; management consolidated in Uppsala in 2026
Founder
Jamal El-Mosleh, CEO until 31 August 2026
CEO
Johan Liwing, from 1 September 2026
Pipeline
ELC-301 (lymphoma), ELC-401 (glioblastoma), ELC-201 (oncolytic virus)
EIC project
iTANK / CARMA, 1 Oct 2022 to 30 Sep 2025
EIC funding
Grant only; final payment of SEK 1.4M approved in 2026

Where Elicera Stands Now

After the last Phase I patient, a safety board will set the dose for a Phase IIa expansion of six more patients. Of the 11 patients evaluated, six had a complete metabolic response and four of those remained disease-free at the latest follow-up. On 14 August 2026 the company corrected its release: of three patients previously treated with CAR-T, all had disease control but two, not three, had an objective tumour response. The founder handed over to a new CEO on 1 September 2026.

The record

From lab platform to lymphoma responses

The EIC grant paid for Elicera's first-in-human CAR-T study. The Phase I part finished in August 2026 with tumour responses in 10 of 11 evaluated patients.

  1. Mar 2022EIC Accelerator cut-offiTANK: armed CAR-T cells with a dual mode of actiongrant only
  2. Oct 2022EIC project startsCARMA trial of ELC-301 in B-cell lymphoma€2.50M grant
  3. Mar 2024Rights issue43% subscribed; SEK 27.6M raised
  4. Sep 2025EIC project ends6 patients treated; 4 complete metabolic responses
  5. May 2026Rights issueSEK 72.8M offered; SEK 54.6M raised
  6. Aug 2026Phase I complete10 of 11 evaluated patients responded
  7. Sep 2026New CEOJohan Liwing replaces founder Jamal El-Mosleh

CORDIS and Elicera press releases.

"Particularly encouraging is that four of the six patients who achieved complete metabolic response remain disease-free."

Jamal El-Mosleh, CEO, Elicera Therapeutics, August 2026

The Technology: CAR-T Cells That Call for Backup

The report also says Elicera finalised a manufacturing process with 17 days from blood collection to infusion, against a median of 54 days it cites for commercial CAR-T products. ELC-301 targets CD20, and one patient previously treated with a commercial CD19 CAR-T achieved a complete response in the EIC period. The trial is small and has no control arm.

The evidence

CARMA Phase I: 11 patients evaluated

Patients with relapsed or refractory B-cell lymphoma after at least two prior treatment lines. Counts as reported by the company in August 2026.

Elicera, 11 and 14 August 2026.

What the EIC Project Promised, and What CORDIS Shows

The EIC project

The EU paid 69% of a €3.6M project

iTANK ran from October 2022 to September 2025. The final payment of SEK 1.4M was approved in 2026. The award was grant only.

CORDIS project 190129097; Elicera interim report, H1 2026. Values in € millions.

The project promised clinical validation of the iTANK platform. It delivered a working manufacturing process and early human data with no severe or unexpected side effects in the EIC period, and the Phase I part finished a year later. The EIC's final payment was approved in 2026, according to the company's interim report. CORDIS still lists the project as signed.

  1. First-in-human trialDeliveredPhase I complete, 2026.
  2. SafetyReportedNo dose-limiting toxicity, per the company.
  3. Fast manufacturingDelivered17 days vein to vein.
  4. Peer-reviewed resultsNot yetCompany releases only.

The Money

Elicera lost SEK 11.3 million in the first half of 2026. It pays for its trials through rights issues. In March 2024 only 43% of an issue was taken up, mostly by underwriters, bringing in SEK 27.6 million, according to the company's announcement. In 2026 it offered SEK 72.8 million and raised SEK 54.6 million.

The money

Money raised in rights issues

SEK millions before costs. In 2024 43% of the issue was taken up, most of it by underwriters. In 2026 SEK 72.8M was offered and SEK 54.6M raised.

Elicera, March 2024; Elicera interim report, H1 2026; Inderes.

What Cannot Be Checked

Questions for the EIC

The full CARMA data set, how durable the responses are over longer follow-up, and whether Elicera has the money for a larger, controlled trial are not public.

Why Europe Should Care

The EIC grant paid for a European biotech's first human trial, and the company reports encouraging early results from a small trial without a control arm. The company that owns them is small and has struggled to fill its share issues, which will decide how far the therapy gets.

What the project promised

Clinical validation of a universal technology to make CAR-T therapies work better.

What the record shows

A completed Phase I with reported responses in 10 of 11 patients, a 17-day process, and funding from partly subscribed rights issues.

The Verdict

A grant that bought real data

Elicera spent the EIC money on exactly what it promised and got encouraging early results. Eleven patients in an uncontrolled trial are a start, and the company's thin finances are the main risk to what comes next.

Elicera Therapeutics and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

HealthBiopharmaceuticals

Focus
  • Cell therapies
Technologies
  • Cell engineering
Keywords
  • CAR-T
  • Lymphoma
  • Oncology
  • Glioblastoma
  • Oncolytic viruses