Candel Therapeutics Announces Publication of Phase 1b Clinical Trial Data on the Combination of CAN-2409 and Nivolumab plus Standard of Care in Newly Diagnosed High-Grade Glioma Patients

On April 1, 2025 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, reported the publication of a manuscript reporting the results of a phase 1b clinical trial exploring safety and tolerability of the combination of CAN-2409 plus prodrug (valacyclovir) and nivolumab, in addition to standard of care (neurosurgery, radiotherapy, and temozolomide), in patients with newly diagnosed high-grade glioma (Press release, Candel Therapeutics, APR 1, 2025, View Source [SID1234651728]). The study, which includes evidence of clinical activity and extensive biomarker analysis, has been published online in Neuro-Oncology, the official journal of the Society for Neuro-Oncology (22 March 2025).

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High-grade glioma (primarily glioblastoma) remains one of the most aggressive forms of primary brain cancer, affecting more than 13,000 new patients in the United States annually. Despite optimal therapy with surgery, radiation, temozolomide chemotherapy, and, in some cases, tumor-treating fields, the prognosis remains poor with median survival of approximately 20 months from the time of diagnosis for patients without methylguanine methyltransferase (MGMT) promoter methylation and about 2 years for those with MGMT promoter methylation.1 Poor survival is associated with paucity of intratumoral T cell infiltrates and a highly immunosuppressive tumor microenvironment. To date, clinical trials of conventional tumor vaccines and checkpoint inhibitors have failed to demonstrate clinical benefit in this indication.

The publication, titled "A multi-institutional phase 1 clinical trial exploring upfront multimodal standard of care and combined immunotherapies for newly diagnosed glioblastoma," (Wen, P. Y., et al.) demonstrates that the addition of CAN-2409 and nivolumab and standard of care was generally well tolerated and extended survival in a subset of patients with evidence of local and systemic immune activation after experimental treatment. The clinical trial (NCT03576612) enrolled 41 patients, with 35 completing the full treatment regimen, and assayed tumor and blood for genetic and immunological biomarkers before and during treatment.

"The results from this mechanistic clinical trial confirm and extend previous observations in clinical trials that have shown clinical and immunological activity of CAN-2409 across different solid tumors," said Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer of Candel. "In this trial, treatment with CAN-2409 plus valacyclovir was associated with discrete longitudinal changes in peripheral cytokines, immune cells, and T cell clone diversity, particularly at early timepoints, after patients had been treated with neurosurgery, radiotherapy, and CAN-2409 plus prodrug, but before combination therapy with nivolumab was initiated. The most noteworthy serial systemic immune changes were observed in a long-term survivor subset of patients. While we are not currently developing CAN-2409 for high-grade glioma, in light of portfolio prioritization (We are developing CAN-3110 in recurrent high-grade glioma (rHGG)), the data support the notion that CAN-2409 may be a pan-solid tumor therapy that could invoke individualized anti-cancer immune response in different indications. CAN-2409 is in late-stage development for localized prostate cancer, borderline resectable pancreatic ductal adenocarcinoma, and non-small cell lung cancer (NSCLC)."

CAN-2409 is an investigational, off-the-shelf, replication-defective adenovirus that delivers the herpes simplex virus thymidine kinase (HSV-tk) gene to tumor cells. CAN-2409, when administered with valacyclovir, is designed to induce immunogenic cell death of tumor cells with exposure of tumor antigens in the context of an activated tumor microenvironment. Together, this regimen is designed to induce an individualized, systemic, specific CD8+ T cell-mediated response against the tumor, based on in situ vaccination against a variety of the patient’s own tumor antigens.

"We are excited by the promising results from this phase 1b clinical trial," said Francesca Barone, MD, PhD, Chief Scientific Officer of Candel. "Our data demonstrates that CAN-2409 has the potential to broaden the T cell receptor repertoire, and foster a more diverse immune response, which has previously been shown in several publications to be associated with improved clinical outcome in high-grade glioma and other solid tumors. The findings are consistent with previous observations in clinical trials after administration of CAN-2409 in NSCLC and other solid tumors, where CAN-2409 administration led to local and systemic immune cell activation, reinforcing the potential to create a "pipeline in a product" across multiple solid tumors."

Data highlights:

Median overall survival for the overall patient population was 15.1 months. A subset of patients with methylated MGMT promoter, who underwent gross total tumor resection (n=6), showed particularly encouraging outcomes, with a median overall survival of 30.6 months.
Baseline tumor immune cell composition was associated with clinical outcomes, with patients with higher levels of B cells, dendritic cells, HLA-DR high macrophage clusters, and memory CD4+ T cells exhibiting improved survival. Conversely, we observed a negative correlation between tissue immunosuppressive monocytes and survival.
Experimental combination treatment with CAN-2409 plus prodrug and nivolumab induced noteworthy systemic immune activation at weeks 3 and 5 post treatment. This included increased naive and effector T cells, marked reduction in immunosuppressive TIM3+ NK cells, and changes in cytokine profiles observed at weeks 3 and 5 timepoints that were correlated with subsequent survival.
Increase in T cell receptor (TCR) density and richness was observed at the week 3 timepoint (after CAN-2409 treatment but before initiation of nivolumab). These changes were associated with improved survival.
Long-term survivors (more than 30 months) in the population of patients with MGMT methylated tumors who had undergone gross total resection, showed distinct TCR profiles and immune cell patterns compared to short-term survivors. These included enrichment in TCR richness and diversity, supporting the hypothesis that CAN-2409 can release tumor-associated antigens and broaden the antitumoral T cell response, both locally and systemically.
No dose-limiting toxicities attributable to CAN-2409 were observed and a generally favorable safety and tolerability profile of the combination therapy was reported.
"The increase in TCR density and richness demonstrated early after experimental treatment with CAN-2409 is an important finding in this phase 1b clinical trial," said E. Antonio Chiocca, MD, PhD, Chair of the Department of Neurosurgery at Brigham and Women’s Hospital, Professor at Harvard Medical School, Candel Scientific Advisor, and co-author of the publication. "Moreover, we observed an association between TCR diversity and long-term survival in patients with a methylated MGMT promoter, who were able to undergo gross total resection of the tumor, supporting the opportunity for implementation of a novel stratification strategy in future clinical trials."

About CAN-2409

CAN-2409, Candel’s most advanced multimodal biological immunotherapy candidate, is an investigational, off-the-shelf, replication-defective adenovirus engineered to deliver the herpes simplex virus thymidine kinase (HSV-tk) gene to a patient’s specific tumor and induce an individualized, systemic immune response against the tumor. HSV-tk is an enzyme that locally converts orally administered valacyclovir into a toxic nucleotide analogue that kills nearby cancer cells. Together, this regimen is designed to induce an individualized and specific CD8+ T cell-mediated response against the injected tumor and uninjected distant metastases for broad anti-tumor activity, based on in situ vaccination against a variety of tumor antigens. Because of its versatility, CAN-2409 has the potential to treat a broad range of solid tumors. Encouraging monotherapy activity, as well as combination activity with standard of care (SoC) radiotherapy, surgery, chemotherapy, and immune checkpoint inhibitors, have previously been shown in several preclinical and clinical settings. More than 1,000 patients have been dosed with CAN-2409 with a generally favorable tolerability profile reported to date, supporting the potential for combination with other therapeutic strategies.

Candel’s clinical development program for CAN-2409 includes completed phase 2a clinical trials in both NSCLC and pancreatic ductal adenocarcinoma (PDAC), as well as a positive pivotal randomized, placebo-controlled phase 3 clinical trial of CAN-2409 in localized, non-metastatic prostate cancer. In December 2024, Candel announced that CAN-2409 achieved its primary endpoint in a phase 3 clinical trial in men with intermediate-to-high-risk, localized prostate cancer, demonstrating statistically significant and clinically meaningful improvement in disease-free survival when added to SoC radiation therapy +/- androgen deprivation therapy.

In the Company’s randomized controlled phase 2a clinical trial of CAN-2409 in borderline resectable PDAC, positive survival data showed notable improvement in estimated median overall survival of 31.4 months after experimental treatment with CAN-2409 plus SoC versus 12.5 months in the control group in patients with PDAC who only received SoC. Median survival post-progression was 21.2 months in patients who received CAN-2409 compared to 6.4 months in the control arm. CAN-2409 plus prodrug has been granted Fast Track Designation by the FDA for the treatment of PDAC, stage III/IV NSCLC in patients who are resistant to first line PD-(L)1 inhibitor therapy and who do not have activating molecular driver mutations or have progressed on directed molecular therapy and localized prostate cancer. The FDA has also granted Orphan Drug Designation to CAN-2409 for the treatment of PDAC. Candel’s pivotal phase 3 clinical trial in newly diagnosed, localized prostate cancer was conducted under a Special Protocol Assessment (SPA) agreed with the FDA.

Merus to Participate in a Fireside Chat at the 24th Annual Needham Virtual Healthcare Conference

On April 1, 2025 Merus N.V. (Nasdaq: MRUS), an oncology company developing innovative, full-length multispecific antibodies and antibody drug conjugates (Biclonics, Triclonics and ADClonics), reported that Bill Lundberg, M.D., President, Chief Executive Officer of Merus, will participate in a fireside chat at the 24th Annual Needham Virtual Healthcare Conference on Tuesday, April 8, 2025 at 8:45 a.m. ET (Press release, Merus, APR 1, 2025, View Source [SID1234651726]).

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The webcast of the presentation will be contemporaneously available on the Investors page of the Company’s website. The archived presentation will also be available there for a limited time after the event.

TAE Life Sciences Partners with alphaXRT to bring Boron Neutron Capture Therapy to Australia and New Zealand

On April 1, 2025 TAE Life Sciences (TLS), a leader in next-generation Boron Neutron Capture Therapy (BNCT) solutions, reported a distribution agreement with alphaXRT, a premier provider of advanced radiation therapy technologies (Press release, TAE Life Sciences, APR 1, 2025, View Source [SID1234651727]). Under this partnership, alphaXRT will distribute TAE Life Sciences’ Alphabeam BNCT system and novel boron drugs, while also providing associated services across Australia and New Zealand.

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As part of the agreement, alphaXRT will hold the regulatory certificate for BNCT in the region, ensuring compliance with local medical and regulatory standards. This collaboration will expand access to BNCT, offering patients with difficult-to-treat cancers an innovative and targeted radiation therapy option.

"This agreement with alphaXRT marks a significant step forward in making BNCT more accessible to patients in Australia and New Zealand," said Rob Hill, CEO of TAE Life Sciences. "With alphaXRT’s deep expertise in radiation oncology and regulatory affairs, we are confident that this partnership will drive adoption and establish BNCT as a key treatment modality in the region."

The Alphabeam BNCT system is a cutting-edge accelerator-based neutron source designed to deliver safe, effective, and precisely targeted radiation therapy. By leveraging boron-10 drugs, BNCT enables selective tumor destruction while preserving surrounding healthy tissue—making it a promising option for patients with recurrent or treatment-resistant cancers.

"TAE Life Sciences is at the forefront of BNCT innovation, and we are thrilled to be their distributor in Australia and New Zealand," said Richard Neale, Managing Director of alphaXRT. "We look forward to working closely with hospitals and cancer treatment centers to bring this transformative therapy to more patients."

This partnership further underscores TAE Life Sciences’ commitment to expanding global access to BNCT and advancing the future of radiation oncology.

Vivesto reports positive Cantrixil results in an animal hematological cancer model

On April 1, 2025 Vivesto AB, an oncology-focused development company, reported that positive preclinical efficacy data was obtained in an animal model of hematological cancer (Press release, Vivesto, APR 1, 2025, View Source [SID1234651725]). The results support continued development of the candidate drug Cantrixil within this indication and are in line with previous positive preclinical data.

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The experimental trial demonstrates, for the first time, that Cantrixil can reduce tumor growth and increase survival times in a well-established mouse model of hematological cancer. The treatment was well tolerated and safe.

"This is a significant milestone for the Cantrixil program. Obtaining positive efficacy data in vivo is not only important from a regulatory perspective, but it is also imperative in the development path towards showing potential benefits of Cantrixil in hematological cancer also in patients. Importantly, the treatment was also well tolerated. With these new results we are increasingly confident that Cantrixil can make a significant impact to patients and as well as build shareholder value," said Erik Kinnman, CEO of Vivesto.

With the new positive data, Vivesto is continuing the planning of activities needed to bring Cantrixil into clinical trials and in parallel will investigate opportunities to partner the project in order to optimize the development program.

TuHURA Biosciences, Inc. Reports Financial Results for Fiscal Year 2024 and Provides Corporate Update

On April 1, 2025 TuHURA Biosciences, Inc. (NASDAQ:HURA) ("TuHURA" or the "Company"), a Phase 3 registration-stage immune-oncology company developing novel technologies to overcome resistance to cancer immunotherapy, reported financial results for fiscal year 2024 and provided a corporate update (Press release, TuHURA Biosciences, APR 1, 2025, View Source [SID1234651724]).

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"2024 was a transformative year for TuHURA. We became a NASDAQ-listed Company, raised capital to meet FDA’s manufacturing requirements to initiate our Phase 3 program anticipated for Q2 as forecasted and entered into a definitive agreement for, what we believe, is a best-in-class VISTA inhibiting antibody adding a Phase 2 program in AML to our development pipeline," commented James Bianco, President and CEO of TuHURA. "As we advance our late stage clinical programs in 2025 with the goal of completing enrollment in our Phase 3 trial next year, we are also making significant progress in the development of the first novel class of non-tumor targeting Antibody Drug or Antibody Peptide Conjugates that are demonstrating the potential ability to remove the immunosuppressive functions of key cellular populations that create an immunologic sanctuary for tumors leading to acquired resistance to cancer immunotherapies."

2024 Highlights

Successful SPA agreement with FDA
Single Phase 3 Accelerated Approval Trial1
Trial incorporates a key secondary endpoint (PFS) which, if achieved, may satisfy post approval confirmatory trial requirement
Entered into definitive agreement with Kineta Inc. to acquire Phase 2 ready VISTA inhibitor; Transaction targeted to close in Q2 2025
NASDAQ (HURA) listing via successful reverse merger with Kintara Therapeutics, Inc.
Raised $36 million in 2024 to fund development programs and operations through late fourth quarter of 2025 and secure right to acquire VISTA inhibiting antibody
Advancing Novel Technologies to Overcome Resistance to Cancer Immunotherapy

Innate Immune Agonists: TuHURA’s IFx technology utilizes a proprietary plasmid DNA or messenger RNA ("mRNA") which, when introduced into or targeted to a tumor, results in the expression of a highly immunogenic gram-positive, bacterial protein (Emm55) on the surface of the tumor cell, making the tumor look like a bacterium. Gram-positive bacterium has molecular patterns, or motifs, preserved over evolution which are recognized by receptors on our immune cells called "toll like receptors" (TLR). TLR 2 specifically recognizes the pattern of gram-positive bacterial proteins, like Emm55, leading to the activation of antigen presenting cells (APCs). Once activated, APCs digest the tumor cell and present non-self, tumor neoantigens to newly produced T and B cells, activating a tumor-specific adaptive immune response. Through its activation of tumor-specific T cells, IFx-2.0 administration can potentially overcome primary resistance to checkpoint inhibitors.

TuHURA is preparing to initiate a single, randomized, placebo-controlled Phase 3 accelerated approval trial of IFx-2.0 administered as an adjunctive therapy to Keytruda (pembrolizumab) versus pembrolizumab plus placebo in first line treatment for checkpoint inhibitor-naïve patients with advanced or metastatic MCC. The data from the Company’s Phase 1b trial in patients with advanced or metastatic MCC who exhibited primary resistance to CPI was used to support a potential single registration directed trial. Consistent with the FDA’s Project Front Runner Initiative, the FDA’s Oncology Center of Excellence (OCE) recommended investigating IFx-2.0 in the first line setting rather than in patients progressing on first line therapy.

Project Front Runner is an FDA OCE initiative to encourage drug sponsors to consider when it may be appropriate to first develop and seek approval of new cancer drugs for advanced or metastatic disease, in an earlier clinical setting rather than the usual approach to develop and seek approval of a new drug for treatment of patients who have received numerous prior lines of therapies or have exhausted available treatment options.

The FDA also requested the Company to consider designing the trial to include a key secondary endpoint shown to be of clinical benefit like PFS allowing this accelerated approval trial to potentially satisfy both the requirements for accelerated approval based on ORR, while satisfying the requirement for a post-approval confirmatory trial if the secondary PFS endpoint is achieved. The trial will be conducted under an SPA agreement with the FDA.

Tumor Microenvironment Modulators: Leveraging its delta opioid receptor technology, TuHURA is developing the first class of non-tumor targeting bi-specific immune modulating Antibody Drug Conjugates or Antibody Peptide Conjugates targeting MDSCs to inhibit their immune suppressing effects on the tumor microenvironment to prevent T cell exhaustion and acquired resistance to checkpoint inhibitors and cellular therapies.

Potential Acquisition of Novel Anti-VISTA Checkpoint Inhibitor: As previously announced, the Company entered into a definitive merger agreement in which TuHURA would acquire Kineta, Inc. (OTC Pink: KATN) including the rights to Kineta’s novel KVA12123 antibody, for a combination of cash and shares of TuHURA common stock via a merger transaction. The merger is currently targeted to close in Q2 2025 pending the satisfaction of funding conditions and other closing conditions.

2025 Milestone Targets

IFx-2.0
Q2: FDA complete response letter lifting partial clinical hold
Q2: Initiating enrollment in IFx-2.0 Phase 3 accelerated approval trial
Q3: Initiate checkpoint inhibitor resistant metastatic cancer "basket" trial
IFx-3.0
Q4: Advance characterization toward lead compound selection
VISTA Inhibiting mAb
Q2: Target closing of Kineta acquisition
Q2: Phase 1 VISTA inhibitor +/- pembrolizumab results
Q4: Initiate Phase 2 trial VISTA trial in NPM1 mutated AML
Novel bi-specific non-tumor targeting immune modulating Antibody Drug or Antibody Peptide Conjugates
Advance delta opioid receptor technology platform
Presentations at key scientific meetings
Summary of Financial Results for the Full Year 2024

Research and development (R&D) expense was $13.3 million and $9.4 million for the years ended December 31, 2024 and 2023, respectively. The increase in R&D of $3.9 million is mainly related to:

an increase of approximately $1.6 million due to ongoing clinical development of IFx-2.0;
an increase of approximately $0.4 million due to preclinical research of IFx-3.0 and MDSCs; and
an increase of approximately $1.9 million in salary and personnel related costs.
General and administrative (G&A) expenses were $4.3 million and $4.1 million for the years ended December 31, 2024 and 2023, respectively. The increase in G&A of $0.2 million was mainly attributable to increases in non-cash stock compensation expense and costs associated with being a public company incurred in 2024 offset by decrease in legal fees associated with the subsequently terminated proposed merger with CohBar, Inc. which were incurred in 2023.