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Eventos de CADL
Candel Therapeutics Publishes Phase 3 Trial Results for Aglatimagene
Candel Therapeutics announced the publication of results from its pivotal Phase 3 trial of Aglatimagene in The Lancet Oncology. The trial, which enrolled 745 patients with intermediate- to high-risk localized prostate cancer, demonstrated a 30% improvement in disease-free survival compared to radiotherapy alone. Candel noted the findings support a planned Biologics License Application submission in Q4 2026. "The publication of this pivotal phase 3 trial in The Lancet Oncology provides important peer-reviewed validation of the significance of these findings for patients with localized prostate cancer," said Paul Peter Tak, president and CEO of Candel.
Candel Therapeutics Extends Aglatimagene Study Follow-Up to 12 Months
Candel Therapeutics announced an additional 12 months of extended follow-up from its study of aglatimagene plus valacyclovir in combination with continued ICI therapy in patients with advanced NSCLC who had an inadequate response to prior ICI treatment. Among the 46 patients who received two administrations of aglatimagene, 23 patients - 50% - remained alive at 24 months. Additionally, 16 patients - 35% - survived beyond 30 months, 12 patients - 26% - survived beyond 36 months, 11 patients - 24% - survived beyond 40 months, and 6 patients - 13% - exceeded 50 months of survival. These outcomes represent an improvement from the prior data cut, in which 39% of the patients in the per-protocol population were alive at 24 months. Among evaluable patients surviving beyond 24 months and with PD-L1 status available, 85% had baseline PD-L1 TPS below 50%, a population typically less responsive to ICI. These findings highlight the ability of aglatimagene to convert immunologically "cold," ICI-resistant tumors into immune-active microenvironments. Long-term survivors exhibited robust upregulation of genes associated with sustained immune activation and antigen presentation. These findings reflect increased local inflammation and recruitment of immune effector populations within the tumor microenvironment following aglatimagene treatment and may have contributed to the durable anti-tumor immune responses observed in long-term survivors. The company plans to advance this program into a pivotal phase 3 clinical trial in patients with NSCLC with non-squamous histology, with trial initiation expected in Q2. The FDA has previously granted Fast Track designation for aglatimagene plus valacyclovir in combination with ICI therapy for the treatment of patients with stage III/IV NSCLC who are resistant to first-line PD-(L)1 inhibitor therapy and who do not harbor activating molecular driver mutations, or who have progressed on directed molecular therapy.
Company's Cash and Cash Equivalents Expected to Last Until Q1 2028
Cash and cash equivalents, as of December 31, 2025, were $119.7 million compared to $102.7 million as of December 31, 2024. Based on current operating plans, the Company expects that its existing cash and cash equivalents, as of December 31, 2025, together with proceeds from the follow-on equity offering in February 2026, will be sufficient to fund operations into Q1 2028.
Paul Peter Tak: Significant Progress in Clinical Pipeline
"During the quarter we made meaningful progress across our clinical pipeline and pre-commercial readiness, entering 2026 with strong momentum and a robust set of potential value-driving catalysts," said Paul Peter Tak, CEO. "For aglatimagene in localized, intermediate-to high-risk prostate cancer, we continue to work toward a planned BLA submission in Q4 2026. We continue to follow the patients in our phase 3 study for prostate cancer-specific outcomes and expect to share results after extended follow-up in Q2 2026. We also expect to share additional biomarker data from our prostate program in Q3 2026. We plan to initiate a pivotal phase 3 clinical trial of aglatimagene in NSCLC despite ICI treatment in Q2 2026. In a phase 1b clinical trial of linoserpaturev in patients with rHGG, we reported encouraging survival data, supported by sophisticated serial brain biopsy analyses, and we expect to announce mature overall survival data for Arm C in Q4 2026. We submitted an IND for linoserpaturev in Q4 2025 to advance the development of this asset in rHGG and received clearance from the U.S. Food and Drug Administration in Q1 2026. We were pleased to strengthen the Company's financial position with the additional strategic funding from the term loan facility with Trinity Capital, the institutionally focused follow-on equity offering in February 2026, and our royalty financing agreement with funds managed by RTW Investments, LP. This further strengthens our balance sheet, brings new institutional investors into the Company, and positions us to advance our key priorities, including the initiation of a pivotal phase 3 clinical trial of aglatimagene in NSCLC and preparation for a potential commercial launch of aglatimagene in localized prostate cancer."
LifeSci Capital Leads Offering with Deal Range of $5.45-$5.65
The deal range was $5.45-$5.65. LifeSci Capital acted as lead book running manager for the offering.
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