Candel’s Phase III Prostate Cancer Win Comes In the Nick Of Time

The biotech’s lead candidate now looks approvable as the first new localized prostate cancer treatment in 20 years – allowing Candel to raise much-needed funds – but a filing must wait

Share prices
• Source: Shutterstock

Candel Therapeutics has secured a much-needed win for its herpes simplex-based immunotherapy, CAN-2409. Phase III results show it helped improve disease-free survival for men with localized prostate cancer, with the readout coming in the nick of time in terms of the company’s finances.

More from Financing

More from Therapy Areas