regulatory
confidence high
sentiment positive
materiality 0.65
Candel Therapeutics receives FDA Orphan Drug Designation for CAN-2409 in pancreatic cancer
Candel Therapeutics, Inc.
- FDA granted Orphan Drug Designation for CAN-2409 (multimodal immunotherapy) in pancreatic cancer.
- Fast Track Designation also previously granted; both designations support development.
- Phase 2 data showed median OS 28.8 mo (CAN-2409+SoC) vs 12.5 mo (SoC alone); 24-mo survival 71.4% vs 16.7%.
- No new safety signals; CAN-2409 generally well tolerated with no pancreatitis or DLTs.
- Orphan Drug status provides tax credits, fee waivers, and 7-year market exclusivity if approved.