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Cadrenal Therapeutics to Present at BIO CEO & Investor Conference

Key Takeaway: Cadrenal Therapeutics, Inc. will present at the 2025 BIO CEO & Investor Conference, focusing on their lead product, tecarfarin, a new Vitamin K antagonist aimed at improving anticoagulation therapy for patients with implanted cardiac devices. CEO Quang X. Pham will provide updates on the company's progress and plans for a pivotal Phase 3 trial in 2025. Tecarfarin has received Orphan Drug designation for specific patient populations, highlighting its potential in addressing unmet medical needs.
Price reaction · baseline $19.21 (2025-02-04 close) · hit pre-market · 2 other CVKD headline(s) in the window, move may be shared
day 0 close · peak
+2.8%

Market Sentiment Analysis

POSITIVE FACTORS

  • Cadrenal Therapeutics is presenting at a major industry conference.
  • Tecarfarin is positioned as a safer alternative to warfarin.
  • The company has received Orphan Drug designation for tecarfarin.
  • Plans for a pivotal Phase 3 trial indicate strong future potential.

CONCERNS & RISKS

  • The success of tecarfarin is contingent on upcoming clinical trials.
  • There are inherent risks in the development of new therapies.
  • Dependence on future collaborations for development may pose challenges.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+1%
120-day peak, hindsight
Typical move
15.5%
average across 3 past catalysts
Cash runway
~3 mo
High dilution risk
Lead asset
EP=7041
Phase 1 · Arthroplasty, Replacement, Knee

Full Press Release Details

PONTE VEDRA, Fla. – Cadrenal Therapeutics, Inc . (Nasdaq: CVKD), a late-stage biopharmaceutical company focused on the development of specialized cardiovascular therapies, leading with tecarfarin, a new Vitamin K antagonist will present at the 2025 BIO CEO & Investor Conference taking place at The New York Marriott Marquis on February 10-11, 2025.
Quang X. Pham , Chief Executive Officer of Cadrenal Therapeutics, Inc., will present an overview of the company and updates on the development of tecarfarin, a vitamin K antagonist (VKA) designed to be a better and safer anticoagulant than warfarin for individuals with implanted cardiac devices. The presentation will take place at 4:30 pm EST on Monday, February 10 in the Royale Room.
Mr. Pham is available for one-on-one meetings through the BIO partnering portal during the conference.
About Cadrenal Therapeutics, Inc.
Cadrenal Therapeutics, Inc. is a late-stage biopharmaceutical company focused on developing specialized therapeutics for rare cardiovascular conditions. The Company is developing tecarfarin, a vitamin K antagonist (VKA) designed to be a better and safer anticoagulant than warfarin for individuals with implanted cardiac devices. Cadrenal strives to improve outcomes and reduce major adverse events for these patients. Although warfarin is widely used off-label for several rare cardiovascular diseases, extensive clinical and real-world data have shown it to have significant serious side effects. With its innovation, Cadrenal aims to meet the unmet needs of this patient population by relieving them and their healthcare providers of some of warfarin’s greatest clinical challenges.
Tecarfarin received Orphan Drug designation (ODD) for advance heart failure patients with implanted left ventricular assist devices (LVADs). In 2025, the Company plans to initiate a pivotal Phase 3 pivotal trial evaluating tecarfarin versus warfarin for LVAD patients. The Company also received ODD and fast-track status for tecarfarin in end-stage kidney disease and atrial fibrillation (ESKD+AFib).
Cadrenal is opportunistically pursuing corporate development initiatives with a longer-term focus to build a pipeline of specialized cardiovascular therapies. For more information, visit www.cadrenal.com and connect with us on LinkedIn .
Safe Harbor
Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding initiation of the pivotal Phase 3 clinical trial for tecarfarin in LVAD in 2025; Cadrenal providing a better and safer anticoagulant than warfarin for individuals with implanted cardiac devices and Cadrenal meeting the unmet needs of this patient population by relieving them and their healthcare providers of some of warfarin’s greatest clinical challenges. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability to initiate the pivotal Phase 3 clinical trial for tecarfarin in LVAD patients in 2025; the ability to enter into collaborations with development partners; the ability of tecarfarin to be approved for commercial use and to provide a better and safer anticoagulant than warfarin for individuals with implanted cardiac devices and the other risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and the Company’s subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Frequently Asked Questions

What is tecarfarin?

Tecarfarin is a Vitamin K antagonist designed to be a safer anticoagulant than warfarin.

When will Cadrenal present at the BIO CEO Conference?

Cadrenal will present on February 10, 2025, at the BIO CEO & Investor Conference.

What designation has tecarfarin received?

Tecarfarin has received Orphan Drug designation for patients with implanted cardiac devices.

What trial is Cadrenal planning for tecarfarin?

Cadrenal plans to initiate a pivotal Phase 3 trial for tecarfarin in 2025.

Who is presenting for Cadrenal Therapeutics?

Quang X. Pham, the CEO, will present at the conference.

Last updated: Feb 5, 2025