BUZZ-Candel surges as prostate cancer therapy meets main goal of late-stage study

Reuters

2024/12/11

** Shares of drug developer Candel Therapeutics CADL.O more than double to $10.17 premarket

** Company says its cancer therapy CAN-2409 met the main goal of a late-stage trial in patients with a type of prostate cancer

** CAN-2409, along with radiation therapy, showed a statistically significant improvement in disease-free survival vs radiation therapy alone - CADL

** Disease-free survival is the length of time after treatment that a patient survives without any signs or symptoms of the disease

** Up to last close, stock up 213.6% YTD

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com))

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