Candel Therapeutics (CADL) and IDEA Pharma said Thursday they have entered a commercial partnership to support the development and potential market launch of Candel's lead candidate CAN-2409.
As part of the agreement, set to continue through next year, IDEA will provide strategic guidance as Candel prepares a biologics license application for CAN-2409 in prostate cancer, the companies said.
The partnership follows encouraging late-stage results showing the treatment improved disease-free survival and reduced recurrence, the companies said.