Press Release
Candel Therapeutics (NASDAQ: CADL) Reports Positive Data From Phase 2 Trial Of CAN-2409 In Borderline Resectable Pancreatic Cancer
–News Direct–
By Jeremy Golden, Benzinga
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Clinical-stage biopharmaceutical company Candel Therapeutics, Inc. (NASDAQ: CADL) reported updated survival data from its randomized phase 2 clinical trial of CAN-2409 in borderline resectable pancreatic cancer. Pancreatic cancer is the fourth leading cause of cancer-related death in the U.S. The disease accounts for approximately 3% of all cancers, with an estimated 64,050 patients diagnosed in 2023.
The randomized, controlled clinical trial is specifically looking into the safety and efficacy of CAN-2409 plus valacyclovir (prodrug), together with standard of care (SoC) chemoradiation, followed by resection if possible in borderline resectable pancreatic ductal adenocarcinoma (PDAC).
Very encouraging results were recently reported by the Needham, Massachusetts-based company.
Patients reached an estimated median overall survival of 28.8 months after experimental treatment with CAN-2409 versus only 12.5 months in the control group in PDAC. At 24 months, the survival rate was 71.4% in CAN-2409 treated patients compared to only 16.7% in the control group after chemoradiation. Thus, prolonged and sustained survival was observed after experimental treatment with CAN-2409 in patients with borderline resectable PDAC. Importantly, 4 out of 7 patients who received CAN-2409 were still alive at the time of data cut-off, with 2 patients surviving more than 50.0 months from enrollment. Only 1 out of 6 patients in the randomized control SoC chemotherapy group remained alive at the data cut-off (50.6 months).
No new safety signals were observed, providing further support that multiple injections of CAN-2409 are generally well tolerated. Additionally, there were no dose-limiting toxicities or cases of pancreatitis reported.
Previous analysis of resected tumors showed dense aggregates of immune cells including CD8+, cytotoxic tumor-infiltrating lymphocytes and dendritic cells in PDAC tissue after CAN-2409 administration. This reinforces the potential of CAN-2409 to activate a robust antitumoral immune response in patients with cancer also in cold, immunosuppressive tumors like PDAC.
Given the frequent recurrence and short survival with SoC chemotherapy for non-metastatic PDAC, effective new treatment options are urgently needed, said Garrett Nichols, MD, MS, Chief Medical Officer of Candel. We are very encouraged by the improved survival associated with CAN-2409, which has been shown to be durable after prolonged follow-up based on the updated data in this randomized clinical trial. CAN-2409 was generally well tolerated without significant additional local or systemic toxicity when added to SoC chemoradiation.
Candels most advanced viral immunotherapy candidate, CAN-2409, is an investigational off-the-shelf, replication-defective adenovirus designed to induce an individualized, systemic immune response against the tumor. Because of its versatility, CAN-2409 has the potential to treat a broad range of solid tumors. More than 1,000 patients have been dosed with CAN-2409 to date, with a favorable reported tolerability profile and proof of concept in each indication that the company is currently pursuing.
CAN-2409 is injected directly into the tumor or target tissue using a localized injection method that is akin to the standard approach for in situ vaccination to elicit an immune response against the injected tumor and uninjected metastases.
Long-term survival data in PDAC was recently updated with eight months of further follow-up since the first analysis was presented at the 2023 Society for Immunotherapy (SITC) Annual Meeting. Based on the data presented at SITC, the U.S. Food and Drug Administration (FDA) granted Fast Track Designation to Candel Therapeutics for CAN-2409 in combination with valacyclovir for the treatment of patients with PDAC in December 2023. More recently, the FDA also granted Orphan Drug Designation.
The failure of conventional immunotherapy to improve outcomes in pancreatic cancer is attributed to the highly immunosuppressive tumor microenvironment, which is largely devoid of immune cells, said Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer of Candel. The immunological changes induced by CAN-2409, evident in the pancreatic tissue and the peripheral blood after administration, suggest that CAN-2409 is able to change the balance between the tumor and the patients anti-tumor immune response, which can convert progressive cancer into a chronic disease associated with improved survival.
Featured photo by National Cancer Institute on Unsplash.
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, Candels 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.
This article 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 additional data, key data readout milestones, including CAN-3110 in HGG; expectations regarding the potential benefits conferred by Fast Track Designation; expectations regarding the therapeutic benefit of its programs, including the potential for its programs to extend patient survival; and expectations regarding cash runway and expenditures. 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 managements 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 Companys 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 Companys ability to efficiently discover and develop product candidates; the Companys ability to obtain and maintain regulatory approval of product candidates; the Companys ability to maintain its intellectual property; the implementation of the Companys business model, and strategic plans for the Companys business and product candidates, and other risks identified in the Companys SEC filings, including the Companys 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 Companys views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date.
This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
Contact Details
Aljanae Reynolds
+1 617-916-5445
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/candel-therapeutics-nasdaq-cadl-reports-positive-data-from-phase-2-trial-of-can-2409-in-borderline-resectable-pancreatic-cancer-425692953
Candel Therapeutics
COMTEX_453283087/2655/2024-06-03T08:31:08
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Press Release
Chris Chakford Highlights 5 Reasons Why White-Label Alternative Investment Funds Are the Future of Wealth Management
Michigan, US, 22nd February 2025, ZEX PR WIRE, The wealth management industry is undergoing a significant transformation, and Chris Chakford, Founder and CEO of Divergent Capital Asset Management, is at the forefront of this evolution. As more wealth advisors, RIAs, and family offices seek to differentiate themselves, white-label private equity, private credit, and real estate investment funds have emerged as a game-changing solution. These customized funds offer firms a unique way to expand their offerings, enhance their brand, and provide clients with institutional-quality investment opportunities.
With the increasing demand for alternative investments, Chakford shares five key reasons why white-label alternative investment funds are shaping the future of wealth management:
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Brand Differentiation in a Competitive Market
In an industry crowded with financial advisors and asset managers, standing out is more challenging than ever. White-label alternative investment funds allow firms to offer exclusive, high-value investment solutions under their own brand.
“Having a private fund with your name on it elevates your firm’s credibility and perceived expertise,” explains Chris Chakford. “It’s no longer just about managing portfolios – it’s about creating unique investment vehicles that reinforce your brand as a leader in alternative investments.”
By offering customized funds in private equity, private credit, or real estate, wealth managers can position themselves as innovators rather than just another advisory firm. This added level of sophistication attracts high-net-worth and institutional clients who are looking for exclusive investment opportunities.
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Access to Institutional-Grade Investment Opportunities
Traditionally, top-tier private equity, private credit, and real estate deals have been restricted to large institutional investors. However, through a white-label fund structure, Divergent Capital enables RIAs and family offices to access these exclusive opportunities without the barriers that typically exist.
“We source high-quality institutional deals that wouldn’t typically be available to smaller firms,” says Chakford. “By leveraging an Outsourced CIO approach, we give advisors the ability to offer their clients access to private market opportunities that were once out of reach.”
With this strategy, firms can provide clients with investment options that go beyond the traditional public markets, improving diversification and return potential.
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Turnkey Fund Management Without the Operational Burden
Launching and managing an investment fund comes with significant regulatory, operational, and administrative challenges. Many advisors hesitate due to the complexity involved in structuring and maintaining a fund. However, white-label Outsourced CIO services eliminate these hurdles.
“At Divergent Capital, we handle everything from fund structuring and compliance to due diligence and reporting,” says Chakford. “We do the heavy lifting so that wealth managers can focus on what they do best – building relationships and serving their clients.”
This turnkey fund management solution allows advisors to offer sophisticated investment products without worrying about back-office operations, making it easier to integrate alternative investments into their practice.
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Increased Client Engagement and Retention
High-net-worth individuals and institutional clients are increasingly looking for alternative investment opportunities. By providing exclusive, branded investment funds, advisors can keep their clients engaged and reduce the risk of losing assets to competitors.
“When clients invest in a white-label private fund created by their trusted advisor, they are less likely to move their assets elsewhere,” explains Chakford. “It deepens the advisor-client relationship by offering something unique that can’t be replicated through generic public-market investments.”
Beyond retention, this approach also enhances client acquisition. Firms that offer differentiated private investment solutions are more likely to attract sophisticated investors who want tailored alternatives beyond traditional stocks and bonds.
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The Future of Alternative Investments in Wealth Management
The financial industry is shifting toward customized investment solutions, and those who fail to adapt risk falling behind. As private markets continue to grow, offering alternative investments through white-label funds will soon become a necessity rather than an advantage.
“We’re seeing a fundamental shift in how wealth managers approach investing,” says Chakford. “The future belongs to those who embrace private markets and integrate customized fund solutions into their business models.”
Regulatory changes, advancements in technology, and the increasing preference for private market investments are driving this trend. By adopting white-label alternative investment funds, wealth advisors can future-proof their business and ensure they remain at the cutting edge of investment innovation.
Conclusion: A Strategic Move for Forward-Thinking Wealth Managers
For wealth advisors, RIAs, and family offices looking to expand their offerings, strengthen client relationships, and differentiate themselves, white-label private equity, private credit, and real estate funds provide a powerful solution. By leveraging Divergent Capital’s Outsourced CIO expertise, firms can launch their own alternative investment funds with ease, offering clients exclusive opportunities while enhancing their brand and market positioning.
“At Divergent Capital, we empower advisors to take their business to the next level with customized investment solutions that truly set them apart,” concludes Chris Chakford. “The future of wealth management is here, and those who embrace it will lead the industry forward.”
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
CHE Furnaces Showcases Cutting-Edge Pyrolysis Technology at Furnaces North America 2024
Michigan, US, 22nd February 2025, ZEX PR WIRE, CHE Furnaces proudly participated in Furnaces North America (FNA) 2024, held in October at Columbus Convention Center, in Columbus, Ohio, where we exhibited our latest advancements in pyrolysis technology. As an industry leader in innovative furnace solutions, we were honored to connect with fellow manufacturers, vendors, and industry professionals at this premier event.
Our booth showcased our most recent technological design, highlighting our commitment to efficiency, sustainability, and the future of thermal processing. Engaging with industry experts and decision-makers allowed us to exchange valuable insights and explore new opportunities for collaboration and growth.
“FNA 2024 provided an exceptional platform to share our cutting-edge technology with a knowledgeable and engaged audience,” said John Tittelfitz, President of CHE Furnaces. “We were delighted to be part of such an esteemed event and look forward to continuing our mission of innovation and excellence in furnace technology.”
The event was a tremendous success for CHE Furnaces, reinforcing our position as a forward-thinking company dedicated to pushing the boundaries of thermal processing. We extend our gratitude to the organizers, fellow exhibitors, and attendees who made the event so impactful.
For more information about CHE Furnaces and our latest developments, visit www.chefurnaces.com.
About CHE Furnaces
CHE Furnaces specializes in advanced furnace technologies, with a focus on high-efficiency, sustainable solutions for industrial applications. With a reputation for excellence and innovation, CHE Furnaces continues to set new industry standards in thermal processing.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Masters of Trivia $MOT Presale Launching March 1—A Game-Changer in Crypto-Powered Knowledge Rewards
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United States, 22nd Feb 2025 – The blockchain revolution is reshaping multiple industries, and Masters of Trivia (MOT) is leading the charge in the gamified learning space. The platform is set to launch its $MOT token presale on March 1, 2025, offering early adopters an exclusive entry into a dynamic, knowledge-based rewards ecosystem.
As Web3 adoption accelerates, the intersection of gaming, education, and blockchain presents a lucrative opportunity. With a well-established community of over 100,000 active trivia players, Masters of Trivia is introducing $MOT as the cornerstone of its rewards and engagement system.
The presale starts at $0.03 per token, with a structured price increase over the coming weeks, giving early buyers access to the best possible entry point before wider market adoption.
The Vision: A Web3-Enabled Knowledge Economy
Masters of Trivia is designed to redefine knowledge-sharing by turning trivia into a Web3-powered rewards system. Unlike traditional gaming platforms, MOT provides an environment where participants can:
- Compete in high-stakes trivia tournaments across a range of categories, from history and science to blockchain and technology.
- Earn and trade $MOT tokens for real-world value, enhancing both the fun and financial incentives of participation.
- Access exclusive content and experiences, including premium quizzes, merchandise, and VIP events.
- Leverage staking and governance benefits, allowing token holders to influence future platform developments.
By integrating blockchain into gamified learning, Masters of Trivia is pioneering a new space where entertainment, knowledge, and DeFi rewards converge.
$MOT Token Presale Details: Your Chance to Join Early
The $MOT token presale is structured to provide early buyers with significant advantages before the token gains wider exposure.
- Launch Date: March 1, 2025
- Initial Price: $0.03 per $MOT
- Presale Allocation: 100 million tokens (20% of total supply)
- Total Token Supply: 500 million
- Hard Cap: $5 million
- Token Utility: Access to premium trivia content, staking rewards, governance participation, and exclusive event entry.
The tiered pricing model ensures that those who enter early receive the best value, as the price of $MOT will increase at set intervals throughout the presale.
Why Crypto Investors Are Eyeing $MOT
Blockchain-based gaming and knowledge-to-earn (K2E) models are gaining traction, proving that utility-driven tokens outperform purely speculative assets. With its established community and unique Web3 integration, $MOT is well-positioned to thrive in the growing Play-to-Earn (P2E) and Learn-to-Earn (L2E) ecosystems.
Masters of Trivia isn’t just another crypto project—it’s a proven platform with real users and an evolving roadmap. By joining the presale, investors are tapping into a high-growth sector that fuses gaming, education, and decentralized finance (DeFi) into one powerful ecosystem.
As the countdown to March 1 continues, now is the optimal time to secure early entry into $MOT before broader market adoption.
For more information on how to participate in the presale, visit the official Masters of Trivia presale website. You can also join MOT’s growing prelaunch group on Telegram.
Media Contact
Organization: Masters of Trivia
Contact Person: Dom Einhorn
Website: https://presale.mot.army
Email: Send Email
Contact Number: +13109190760
Country: United States
Release Id: 22022524211
The post Masters of Trivia $MOT Presale Launching March 1—A Game-Changer in Crypto-Powered Knowledge Rewards appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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