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Candel Therapeutics Announces an Upcoming Presentation at the AACR Annual Meeting Unveiling New Cancer Immunotherapy Candidate

Key Takeaway: Candel Therapeutics has announced an upcoming poster presentation at the AACR Annual Meeting, where they will unveil their second candidate developed through the enLIGHTEN Discovery Platform. This first-in-class multimodal immunotherapy candidate targets the induction of tertiary lymphoid structures, offering a novel approach for treating solid tumors. The presentation is scheduled for April 9, 2024, in San Diego, California, and signifies an acceleration of the program's timeline. The enLIGHTEN platform leverages advanced analytics and human biology to optimize immunotherapies.

Market Sentiment Analysis

POSITIVE FACTORS

  • Candel Therapeutics is unveiling a second candidate from its enLIGHTEN Discovery Platform.
  • The presentation at the AACR Annual Meeting demonstrates progress in cancer immunotherapy development.
  • The new candidate aims to offer a novel therapeutic strategy for solid tumors.

CONCERNS & RISKS

  • The article includes forward-looking statements which carry inherent risks and uncertainties.
  • Final data from pre-clinical studies may differ from interim data as clinical trials progress.

Full Press Release Details

Candel Therapeutics Announces an Upcoming Presentation at the AACR Annual Meeting Unveiling New Cancer Immunotherapy Candidate
NEEDHAM, Mass., Mar. 5, 2024 Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced the Company will present a poster presentation at the American Association for Cancer Research (AACR) Annual Meeting taking place April 5-10, 2024, in San Diego, CA. The presentation will describe the second candidate from the enLIGHTEN Discovery Platform, a first-in-class multimodal immunotherapy candidate for induction of tertiary lymphoid structures as a novel therapeutic strategy for solid tumors. This abstract presentation at AACR accelerates the milestone associated with the unveiling of the second enLIGHTEN program, which was originally planned for the third quarter of 2024.
Presentation details are as follows:
-Presentation Title: A first-in-class multimodal immunotherapy for induction of tertiary lymphoid structures as a novel therapeutic strategy for solid tumors
-Presenter: Anne R. Diers, PhD, Senior Director, Research, Candel Therapeutics
-Abstract Number: LB263
-Session Date and Time: Tuesday, April 9, 2024; 9:00 AM - 12:30 PM PT
-Session Title: Late-Breaking Research: Experimental and Molecular Therapeutics 3
-Location: San Diego Convention Center
All regular abstracts are available for viewing via AACR's online itinerary planner, located here.
About the enLIGHTEN Discovery Platform
The enLIGHTEN Discovery Platform is a systematic, iterative herpes simplex virus (HSV)-based discovery platform leveraging human biology and advanced analytics to create new multimodal biological immunotherapies for solid tumors. The enLIGHTEN Discovery Platform has been designed to deconvolute the characteristics of the tumor microenvironment related to clinical outcomes. These discoveries are rapidly translated into optimized multi-gene payloads of tumor modulators that can be delivered to the tumor microenvironment for specific indications, disease stages, and rationally designed therapeutic combinations. In 2022, the Company announced a discovery partnership with the University of Pennsylvania Center for Cellular Immunotherapies to create new viral immunotherapies that could enhance the efficacy of chimeric antigen receptor T cell (CAR-T) therapy in solid tumors. During the Society for Immunotherapy of Cancer (SITC) 2023 Annual Meeting and the 2023 International Oncolytic
Virus Conference, Candel presented encouraging data on the first candidate from this platform, Alpha 201-macro-1, which was designed to interfere with the CD47/SIRP1a pathway, in mouse models of breast cancer and lung cancer.
About Candel Therapeutics
Candel is a clinical stage biopharmaceutical company focused on developing off-the-shelf multimodal biological immunotherapies that elicit an individualized, systemic anti-tumor immune response to help patients fight cancer. Candel has established two clinical stage multimodal biological immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) gene constructs, respectively. CAN-2409 is the lead product candidate from the adenovirus platform and is currently in ongoing clinical trials in non-small cell lung cancer (NSCLC) (phase 2), borderline resectable pancreatic cancer (phase 2), and localized, non-metastatic prostate cancer (phase 2 and phase 3). CAN-3110 is the lead product candidate from the HSV platform and is currently in an ongoing investigator-sponsored phase 1 clinical trial in recurrent high-grade glioma (HGG). Finally, Candel's enLIGHTEN Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors.
For more information about Candel, visit: www.candeltx.com
Forward-Looking Statements
This press release includes certain disclosures that contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, express or implied statements regarding the timing and advancement of development programs, including the timing and availability of announcement of the second candidate from the enLIGHTEN Discovery Platform. The words may, will, could, would, should, expect, plan, anticipate, intend, believe, estimate, predict, project, potential, continue, target and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, those risks and uncertainties related to the timing and advancement of development programs; expectations regarding the therapeutic benefit of the Company's programs; that final data from our pre-clinical studies and completed clinical trials may differ materially from reported interim data from ongoing studies and trials; the Company's ability to efficiently discover and develop product candidates; the Company's ability to obtain and maintain regulatory approval of product candidates; the Company's ability to maintain its intellectual property; the implementation of the Company's business model, and strategic plans for the Company's business and product candidates, and other risks identified in the Company's SEC filings, including the Company's most recent Quarterly Report on Form 10-Q filed with the SEC, and subsequent filings with the SEC. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Any forward-looking statements contained in this press release represent the Company's views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date.
Wheelhouse Life Science Advisors
Wheelhouse Life Science Advisors

Frequently Asked Questions

What is the enLIGHTEN Discovery Platform?

The enLIGHTEN Discovery Platform is designed to develop multimodal biological immunotherapies for solid tumors using herpes simplex virus and advanced analytics.

When will Candel Therapeutics present at the AACR meeting?

Candel Therapeutics will present on April 9, 2024, from 9:00 AM to 12:30 PM PT.

Who will present the findings at the AACR Annual Meeting?

The presentation will be given by Anne R. Diers, PhD, Senior Director of Research.

What is the focus of the upcoming presentation at AACR?

The presentation will highlight a first-in-class multimodal immunotherapy for solid tumors.

What is CAN-2409 used for?

CAN-2409 is in clinical trials for non-small cell lung cancer, pancreatic cancer, and prostate cancer.

Last updated: Mar 5, 2024