CG Oncology expects PIVOT-006 Phase 3 data for cretostimogene in IR NMIBC in 1H 2026, nearly one year early.
Quiver AI Summary
CG Oncology, Inc. has announced that topline data from its Phase 3 PIVOT-006 clinical trial evaluating cretostimogene monotherapy for intermediate-risk non-muscle invasive bladder cancer (IR NMIBC) is now expected in the first half of 2026, nearly a year earlier than originally planned. This trial is significant as it is the first randomized registrational study focused on adjuvant treatment in this patient group. The accelerated timeline results from rapid enrollment at over 90 sites, reflecting the pressing unmet need for effective treatments in this area, where no U.S. FDA approved options currently exist. The trial involves over 360 patients and aims to compare adjuvant intravesical cretostimogene grenadenorepvec with observation following bladder tumor removal. CG Oncology aims to advance therapeutic options for the substantial number of patients affected by IR NMIBC and continues to explore the potential of cretostimogene as an innovative treatment option.
Potential Positives
- CG Oncology expects to report topline data from the PIVOT-006 Phase 3 clinical trial nearly one year ahead of schedule, indicating strong progress in their research.
- PIVOT-006 is the first Phase 3 randomized trial to evaluate an investigational therapy for intermediate-risk NMIBC, potentially positioning CG Oncology as a leader in this therapeutic area.
- The trial's rapid enrollment across over 90 sites demonstrates significant interest and the urgent unmet need for treatment options in intermediate-risk NMIBC, suggesting robust engagement from the medical community.
- CG Oncology's development of cretostimogene could address a large patient population, with estimates of over fifty thousand individuals in the U.S. suffering from intermediate-risk NMIBC, potentially expanding their market reach.
Potential Negatives
- Despite the expedited timeline for topline data, the investigational status of cretostimogene means that its safety and efficacy have not yet been established, which could lead to uncertainty regarding its future success.
- The reliance on broad participation from various sites underscores the challenge of trial enrollment, indicating potential difficulties in maintaining consistent patient engagement and data quality.
- The disclosure of firm completion timelines may raise investor expectations, and any subsequent delays or disappointing results could significantly impact the company’s credibility and stock performance.
FAQ
What is the timeline for PIVOT-006 topline data release?
The topline data for PIVOT-006 is now expected in the first half of 2026, ahead of schedule.
What does the PIVOT-006 trial evaluate?
PIVOT-006 evaluates cretostimogene monotherapy against surveillance for patients with intermediate-risk non-muscle invasive bladder cancer.
How many patients are involved in the PIVOT-006 study?
The trial includes over 360 patients with intermediate-risk non-muscle invasive bladder cancer.
What is cretostimogene grenadenorepvec?
Cretostimogene grenadenorepvec is an investigational oncolytic immunotherapy for treating non-muscle invasive bladder cancer.
Why is PIVOT-006 significant for bladder cancer treatment?
PIVOT-006 is the first Phase 3 trial for intermediate-risk NMIBC, targeting a patient population with no FDA-approved options.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CGON Insider Trading Activity
$CGON insiders have traded $CGON stock on the open market 19 times in the past 6 months. Of those trades, 1 have been purchases and 18 have been sales.
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- BRIAN GUAN-CHYUN LIU purchased 1,515,151 shares for an estimated $49,999,983
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$CGON Hedge Fund Activity
We have seen 88 institutional investors add shares of $CGON stock to their portfolio, and 73 decrease their positions in their most recent quarter.
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$CGON Analyst Ratings
Wall Street analysts have issued reports on $CGON in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wedbush issued a "Outperform" rating on 12/11/2025
- Truist Securities issued a "Buy" rating on 11/24/2025
- RBC Capital issued a "Outperform" rating on 11/17/2025
- Guggenheim issued a "Buy" rating on 10/08/2025
- JP Morgan issued a "Overweight" rating on 09/26/2025
- Morgan Stanley issued a "Overweight" rating on 09/17/2025
- HC Wainwright & Co. issued a "Buy" rating on 09/15/2025
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$CGON Price Targets
Multiple analysts have issued price targets for $CGON recently. We have seen 10 analysts offer price targets for $CGON in the last 6 months, with a median target of $66.0.
Here are some recent targets:
- Robert Driscoll from Wedbush set a target price of $70.0 on 12/11/2025
- Gregory Renza from Truist Securities set a target price of $62.0 on 11/24/2025
- Leonid Timashev from RBC Capital set a target price of $61.0 on 11/17/2025
- Brad Canino from Guggenheim set a target price of $90.0 on 10/08/2025
- Brian Cheng from JP Morgan set a target price of $47.0 on 09/26/2025
- Jeffrey Hung from Morgan Stanley set a target price of $79.0 on 09/17/2025
- Andres Y. Maldonado from HC Wainwright & Co. set a target price of $75.0 on 09/15/2025
Full Release
- PIVOT-006 Phase 3 topline data evaluating cretostimogene monotherapy for intermediate-risk NMIBC now expected in 1H 2026, nearly one year ahead of schedule
- First randomized registrational trial to evaluate an investigational therapy in intermediate-risk NMIBC
IRVINE, Calif., Jan. 09, 2026 (GLOBE NEWSWIRE) -- CG Oncology, Inc. (NASDAQ: CGON) today announced an expedited timeline for the topline data readout now expected in the first half of 2026 for the Phase 3 PIVOT-006 clinical trial comparing adjuvant intravesical cretostimogene grenadenorepvec versus surveillance in patients with intermediate-risk non-muscle invasive bladder cancer (IR NMIBC). PIVOT-006 is the first Phase 3 randomized trial in this patient population, encompassing the broadest range of patient types per AUA/SUO Guidelines including HG Ta solitary lesions < 3cm.
“We are thrilled to announce that we now expect PIVOT-006 topline Phase 3 data in the first half of 2026, which is nearly one year ahead of schedule thanks to the unprecedented early completion of enrollment. Our goal is to bring forward a potential indication in adjuvant IR NMIBC, for which there are currently no U.S. FDA approved options. Broad participation across academic and community sites supports the real‑world relevance of this trial, and the rapid enrollment underscores the immense unmet need that exists for intermediate-risk NMIBC patients,” said Arthur Kuan, Chairman & Chief Executive Officer, CG Oncology. “The IR population is estimated to be greater than fifty thousand patients in the US alone, and we look forward to broadening our potential reach to individuals living with IR NMIBC.”
PIVOT-006 Topline Data Expected in 1H 2026
CG Oncology now plans to share topline data from the Phase 3, randomized, open-label PIVOT-006 registrational study in the first half of 2026. This expedited timeline is due to the rapid study enrollment across over 90 sites. The PIVOT-006 study compares adjuvant intravesical cretostimogene grenadenorepvec versus surveillance following bladder tumor removal in more than 360 patients with intermediate-risk non-muscle invasive bladder cancer (IR NMIBC). PIVOT-006 is the first Phase 3 randomized trial in this patient population, encompassing the broadest range of patient types per AUA/SUO Guidelines including HG Ta solitary lesions < 3cm.
About Cretostimogene Grenadenorepvec
Cretostimogene is an investigational, intravesically delivered oncolytic immunotherapy that has been studied in a clinical development program, which includes more than 400 patients with Non-Muscle Invasive Bladder Cancer (NMIBC). This program includes two Phase 3 clinical trials: BOND-003 for high-risk BCG-unresponsive NMIBC and PIVOT-006 for intermediate-risk NMIBC. CG Oncology also has a Phase 2 trial, CORE-008, evaluating the safety and efficacy of cretostimogene in high-risk NMIBC. Additionally, we have initiated an Expanded Access Program for cretostimogene in North America for patients who are unresponsive to BCG and meet certain program eligibility requirements. Cretostimogene is an investigational candidate, and its safety and efficacy have not been established by the FDA or any other health authority.
About CG Oncology
CG Oncology is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. CG Oncology sees a world where urologic cancer patients may benefit from our innovative immunotherapies to live with dignity and have an enhanced quality of life. To learn more, please visit: www.cgoncology.com.
Forward-Looking Statements
CG Oncology cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. The forward-looking statements are based on our current beliefs and expectations and include, but are not limited to, the anticipated timeline of topline data of the PIVOT-006 study, the potential therapeutic benefits of cretostimogene for high-risk and intermediate-risk NMIBC patients, cretostimogene’s potential as a backbone immunotherapy across the NMIBC spectrum, the IR patient population is estimated to be greater than fifty thousand patients in the United States, and that we may broaden our potential market reach to patient living with IR NMIBC. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation: interim results of a clinical trial are not necessarily indicative of final results and one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data, and as more patient data becomes available; potential delays in the commencement, enrollment and completion of clinical trials, including the BOND-003 and PIVOT-006 trials; we may use our capital resources sooner than expected and they may be insufficient to allow us to achieve our anticipated milestones; our dependence on third parties in connection with manufacturing, shipping and clinical and preclinical testing; results from earlier clinical trials and preclinical studies not necessarily being predictive of future results; unexpected adverse side effects or inadequate efficacy of cretostimogene that may limit its development, regulatory approval, and/or commercialization; and other risks described in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our annual report on Form 10-K, as supplemented by “Risk Factors” of our quarterly report on Form 10-Q for the quarter ended June 30, 2025 and other filings that we make with the SEC from time to time (which are available at
http://www.sec.gov
). You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Contacts:
Media
Sarah Connors
Vice President, Communications and Patient Advocacy, CG Oncology
[email protected]
Investor Relations
Megan Knight
Vice President, Investor Relations, CG Oncology
[email protected]