Fellow of the Academy of Medical Sciences

Candel Therapeutics Receives Orphan Drug Designation from the European Medicines Agency for CAN-2409 in Glioma

Retrieved on: 
Thursday, September 15, 2022

The orphan drug designation follows the U.S. Food and Drug Administration (FDA) fast track designation, which was granted in June 2021, for CAN-2409 in combination with valacyclovir following standard of care treatment in newly diagnosed high-grade glioma.

Key Points: 
  • The orphan drug designation follows the U.S. Food and Drug Administration (FDA) fast track designation, which was granted in June 2021, for CAN-2409 in combination with valacyclovir following standard of care treatment in newly diagnosed high-grade glioma.
  • Paul Peter Tak, MD, PhD, FMedSci, President and CEO of Candel, said, "Glioma, while mercifully rare, is a devastating disease with significant morbidity and mortality.
  • The EMA's orphan drug designation recognizes the high unmet need and the potential of CAN-2409 in this patient population.
  • Orphan drug designation in the European Union (EU) is granted by the European Commission based on a positive opinion issued by the EMA COMP.

Candel Therapeutics Announces Two Executive Leadership Appointments

Retrieved on: 
Wednesday, September 7, 2022

Mr. Amello and Dr. Nichols together bring over five decades of biopharmaceutical experience to Candel.

Key Points: 
  • Mr. Amello and Dr. Nichols together bring over five decades of biopharmaceutical experience to Candel.
  • He was instrumental in shaping the Company as we executed our IPO in 2021 and has continued to provide valuable strategic guidance to Candel.
  • On behalf of the board, the leadership team and all of the Candel employees, we wish him well.
  • Mr. Amello comes to Candel from Saniona AB, a rare disease biotech company where he served as CFO.

DGAP-News: iOmx Therapeutics appoints Professor Frances Balkwill to the Scientific Advisory Board

Retrieved on: 
Wednesday, September 7, 2022

Martinsried / Munich, Germany, 7 September 2022 - iOmx Therapeutics AG (iOmx), a biopharmaceutical company developing cancer therapeutics based on next-generation immune checkpoint targets, today announced the appointment of Frances Balkwill, Professor of Cancer Biology at Barts Cancer Institute, Queen Mary University of London, to its Scientific Advisory Board (SAB).

Key Points: 
  • Martinsried / Munich, Germany, 7 September 2022 - iOmx Therapeutics AG (iOmx), a biopharmaceutical company developing cancer therapeutics based on next-generation immune checkpoint targets, today announced the appointment of Frances Balkwill, Professor of Cancer Biology at Barts Cancer Institute, Queen Mary University of London, to its Scientific Advisory Board (SAB).
  • Prof. Philipp Beckhove, Chair of the iOmx SAB and co-founder of iOmx, commented: We are fortunate to have Frances Balkwill join our team of scientific advisors.
  • Professor Frances Balkwill, Professor at Barts Cancer Institute and member of iOmx SAB said: Cancer treatment has seen a revolution with the success of T-cell checkpoint inhibitors in certain tumor indications.
  • iOmx Therapeutics ( www.iomx.com ) is a biopharmaceutical company focused on developing first-in-class cancer immuno-therapeutics addressing novel immune checkpoints hijacked by cancer cells.

Candel Therapeutics Reports Second Quarter 2022 Financial Results and Recent Corporate Highlights

Retrieved on: 
Friday, August 5, 2022

NEEDHAM, Mass., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a late clinical stage biopharmaceutical company focused on helping patients fight cancer with oncolytic viral immunotherapies, today reported financial results for the second quarter ended June 30, 2022 and provided a corporate update.

Key Points: 
  • NEEDHAM, Mass., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a late clinical stage biopharmaceutical company focused on helping patients fight cancer with oncolytic viral immunotherapies, today reported financial results for the second quarter ended June 30, 2022 and provided a corporate update.
  • Candel remains on track to achieve several milestones in the second half of 2022, said Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer of Candel.
  • The Company also plans to debut initial data from its new discovery platform, enLIGHTEN, in the fourth quarter of 2022.
  • Financial Results for the Quarter Ended June 30, 2022
    Cash Position: Cash and cash equivalents as of June 30, 2022 were $86.8 million compared to $82.6 million as of December 31, 2021.

Candel Therapeutics Appoints Three New Members to its Board of Directors

Retrieved on: 
Monday, August 1, 2022

These new members replace current Board members: Alan E. Smith, PhD, Shaan Ghandi, MD, D.Phil, and Udi Meirav, PhD, maintaining Candels nine-seat board.

Key Points: 
  • These new members replace current Board members: Alan E. Smith, PhD, Shaan Ghandi, MD, D.Phil, and Udi Meirav, PhD, maintaining Candels nine-seat board.
  • We are pleased to welcome Renee, Gary, and Joseph, preeminent leaders in their respective fields, as new directors to the Candel Board, said Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer (CEO) at Candel.
  • Dr. Nabel co-founded ModeX Therapeutics and held the position of President and CEO before its acquisition by OPKO in May 2022.
  • In July 2022, he stepped down as chair of Bausch + Lombs Board and will remain CEO until his successor is appointed.

Academy of Emergency Nursing to Welcome Three Fellows in Class of 2022

Retrieved on: 
Wednesday, June 8, 2022

SCHAUMBURG, Ill., June 8, 2022 /PRNewswire/ -- On Wednesday, the Emergency Nurses Association announced that the Academy of Emergency Nursing will induct three ENA members in its Class of 2022.

Key Points: 
  • SCHAUMBURG, Ill., June 8, 2022 /PRNewswire/ -- On Wednesday, the Emergency Nurses Association announced that the Academy of Emergency Nursing will induct three ENA members in its Class of 2022.
  • Founded in 2004, the Academy of Emergency Nursing was created to recognize emergency nurses who have made significant and enduring contributions to the emergency nursing specialty.
  • The 2022 Class of Academy of Emergency Nursing Fellows are:
    Michael Carmine Buffalo (Posthumous), DNP, RN, ACNP, ARNP, CCRN Texas
    "Being inducted into the Academy of Emergency Nursing is a career highlight for an emergency nurse," said ENA President Jenn Schmitz, MSN, EMT-P, CEN, CPEN, CNML, FNP-C, NE-BC.
  • The 2022 Class of Fellows will be formally inducted into the Academy of Emergency Nursing during Emergency Nursing 2022 ENA's annual conference.

DGAP-News: Abivax phase 2a study results of obefazimod (ABX464) in rheumatoid arthritis published in the journal “Annals of the Rheumatic Diseases” and selected for presentation at EULAR 2022

Retrieved on: 
Tuesday, June 7, 2022

Further, the abstract on these phase 2a data has been selected for a poster presentation at the Annual European Congress of Rheumatology, EULAR 2022.

Key Points: 
  • Further, the abstract on these phase 2a data has been selected for a poster presentation at the Annual European Congress of Rheumatology, EULAR 2022.
  • I am looking forward to presenting obefazimod and its promising results to the international expert community, also taking into account the recently published very encouraging phase 2a one-year maintenance results in RA.
  • There is still a high unmet medical need for safe and durably efficient therapies for rheumatoid arthritis patients.
  • In June 2021, Abivax communicated the results of the induction phase of its phase 2a clinical study .

Candel Therapeutics to Present at the H.C. Wainwright Annual Global Investment Conference

Retrieved on: 
Wednesday, May 18, 2022

NEEDHAM, Mass., May 18, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Nasdaq: CADL), a late clinical stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today announced that Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer, will present an overview of the company at H.C. Wainwrights upcoming Annual Global Investment Conference.

Key Points: 
  • NEEDHAM, Mass., May 18, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Nasdaq: CADL), a late clinical stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today announced that Paul Peter Tak, MD, PhD, FMedSci, President and Chief Executive Officer, will present an overview of the company at H.C. Wainwrights upcoming Annual Global Investment Conference.
  • To access the webcast recording of the company presentation, please visit the Candel Therapeutics website at https://ir.candeltx.com/news-and-events/events-and-presentations.
  • CAN-2409 is the lead product candidatefrom the adenovirus platform and CAN-3110 is the lead product candidate from the HSV platform.
  • The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.

Candel Therapeutics Reports First Quarter 2022 Financial Results and Recent Corporate Highlights

Retrieved on: 
Thursday, May 12, 2022

NEEDHAM, Mass., May 12, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a late clinical stage biopharmaceutical company focused on helping patients fight cancer with oncolytic viral immunotherapies, today reported financial results for the first quarter ended March 31, 2022 and provided a corporate update.

Key Points: 
  • NEEDHAM, Mass., May 12, 2022 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a late clinical stage biopharmaceutical company focused on helping patients fight cancer with oncolytic viral immunotherapies, today reported financial results for the first quarter ended March 31, 2022 and provided a corporate update.
  • Strengthened cash position with a $20.0 million non-dilutive debt financing with Silicon Valley Bank (SVB) in February 2022.
  • Financial Results for the Quarter Ended March 31, 2022
    Cash Position: Cash and cash equivalents as of March 31, 2022 were $94.3 million compared to $82.6 million as of December 31, 2021.
  • Excluding stock-based compensation expense of $492,000 for the three-month period ended March 31, 2022, total operating expenses for the three-month period ended March 31, 2022, were $8.5 million.

Zentalis Pharmaceuticals Announces $25 Million Equity Investment from Pfizer

Retrieved on: 
Wednesday, April 27, 2022

NEW YORK and SAN DIEGO, April 27, 2022 (GLOBE NEWSWIRE) -- Zentalis Pharmaceuticals, Inc. (Nasdaq: ZNTL), a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers, today announced that it has agreed to sell 953,834 of its common shares at a price of $26.21 per share to Pfizer for gross proceeds of $25.0 million (the “Transaction”). The common shares were offered and sold to Pfizer in a registered direct offering conducted without an underwriter or placement agent. The offering is expected to close on or about April 29, 2022, subject to customary closing conditions. Zentalis intends to use the net proceeds of the offering to help fund ongoing and planned clinical trials, including studies of ZN-c3, its Wee1 inhibitor, and ZN-d5, its BCL-2 inhibitor, and for working capital and general corporate purposes. With prioritization of the clinical development of ZN-c3 and ZN-d5, budget reallocation and Pfizer’s investment, the Company extends current cash runway into Q1 2024.

Key Points: 
  • The common shares were offered and sold to Pfizer in a registered direct offering conducted without an underwriter or placement agent.
  • With prioritization of the clinical development of ZN-c3 and ZN-d5, budget reallocation and Pfizers investment, the Company extends current cash runway into Q1 2024.
  • Pfizer also expects to leverage its global development capabilities and expertise to enhance Zentalis clinical development program.
  • Zentalis Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers.