Candel Therapeutics CEO Paul Peter Tak will present at the Jefferies Global Healthcare Conference on November 18, 2025.
Quiver AI Summary
Candel Therapeutics, Inc., a clinical-stage biopharmaceutical company specializing in multimodal biological immunotherapies for cancer treatment, announced that its CEO, Dr. Paul Peter Tak, will present at the Jefferies Global Healthcare Conference in London from November 17-20, 2025. The presentation is scheduled for November 18, from 8:00 to 8:25 AM GMT, and will be available via webcast on the company's website. Candel's lead product candidate, CAN-2409, has recently completed successful phase 2a trials for various cancers and is currently undergoing a phase 3 trial for localized prostate cancer. The drug has received multiple FDA designations, including Fast Track and Orphan Drug Designation. Candel is also developing other candidates, such as CAN-3110 for glioma, and aims to leverage its enLIGHTEN™ Discovery Platform for further advancements in viral immunotherapies.
Potential Positives
- Candel Therapeutics' CEO, Paul Peter Tak, will present at the Jefferies Global Healthcare Conference, highlighting the company's initiatives and strengthening investor engagement.
- The company has completed successful phase 2a clinical trials of its lead product candidate, CAN-2409, in critical cancer types, suggesting progress in its clinical development.
- CAN-2409 has received multiple designations from the FDA, including Fast Track Designation and Orphan Drug Designation, which may expedite its development and regulatory review process.
- Candel’s enLIGHTEN™ Discovery Platform aims to innovate new viral immunotherapies, demonstrating the company's commitment to advanced research in cancer treatment.
Potential Negatives
- The emphasis on forward-looking statements may create uncertainty regarding the actual outcomes of the company's clinical trials and regulatory approvals, potentially leading to investor concerns about the reliability of the company's projections.
- The reliance on Fast Track, RMAT, and Orphan Drug Designations for its lead candidates could imply that the company is facing challenges in securing broader regulatory approvals for its therapies.
- Disclosure of risks related to the timing and advancement of development programs, as well as potential discrepancies in clinical trial data, may raise concerns among investors regarding the company's ability to deliver on its promises.
FAQ
When will Paul Peter Tak present at the Jefferies Global Healthcare Conference?
Paul Peter Tak will present on November 18, 2025, from 8:00-8:25 AM GMT.
Where can I watch the webcast of the presentation?
The webcast will be available in the Events and Presentations section of the Investors tab at www.candeltx.com.
What is the lead product candidate of Candel Therapeutics?
Candel’s lead product candidate is CAN-2409 from their adenovirus platform.
What designations has CAN-2409 received from the FDA?
CAN-2409 has received Fast Track, RMAT, and Orphan Drug Designations from the FDA.
What type of cancer is CAN-3110 targeting?
CAN-3110 is currently in clinical trials for recurrent high-grade glioma.
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.
$CADL Insider Trading Activity
$CADL insiders have traded $CADL stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CADL stock by insiders over the last 6 months:
- WILLIAM GARRETT NICHOLS (Chief Medical Officer) sold 937 shares for an estimated $6,540
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$CADL Hedge Fund Activity
We have seen 53 institutional investors add shares of $CADL stock to their portfolio, and 37 decrease their positions in their most recent quarter.
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- BAKER BROS. ADVISORS LP removed 2,082,077 shares (-85.4%) from their portfolio in Q2 2025, for an estimated $10,535,309
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$CADL Analyst Ratings
Wall Street analysts have issued reports on $CADL in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stephens & Co. issued a "Overweight" rating on 10/28/2025
- LifeSci Capital issued a "Outperform" rating on 10/21/2025
- HC Wainwright & Co. issued a "Buy" rating on 06/30/2025
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$CADL Price Targets
Multiple analysts have issued price targets for $CADL recently. We have seen 5 analysts offer price targets for $CADL in the last 6 months, with a median target of $16.0.
Here are some recent targets:
- Sudan Loganathan from Stephens & Co. set a target price of $15.0 on 10/28/2025
- An analyst from LifeSci Capital set a target price of $16.0 on 10/21/2025
- Andres Y. Maldonado from HC Wainwright & Co. set a target price of $23.0 on 09/29/2025
- Alec Stranahan from B of A Securities set a target price of $7.0 on 09/03/2025
Full Release
NEEDHAM, Mass., Nov. 03, 2025 (GLOBE NEWSWIRE) -- 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, today announced that Paul Peter Tak, M.D., Ph.D., FMedSci, Candel’s President and Chief Executive Officer, will present at the Jefferies Global Healthcare Conference, being held on November 17-20, 2025 in London, United Kingdom.
Presentation Details:
Date: Tuesday, November 18, 2025
Time: 8:00-8:25 AM GMT / 4:00-4:25 AM ET
Webcast Link:
Jefferies / Candel Presentation
A webcast of the presentation will be available by selecting Events and Presentations under the News & Events tab in the Investors section at www.candeltx.com . A replay of the webcast will be archived for up to 90 days following the session date.
About Candel Therapeutics
Candel is a clinical-stage biopharmaceutical company focused on developing off-the-shelf, multimodal viral immunotherapies that elicit an individualized, systemic anti-tumor immune response to help patients fight cancer. Candel has established two clinical-stage multimodal biological immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) gene constructs, respectively. CAN-2409 is the lead product candidate from the adenovirus platform.
The Company recently completed successful phase 2a clinical trials of CAN-2409 in non-small cell lung cancer (NSCLC) and pancreatic ductal adenocarcinoma (PDAC), and a pivotal, randomized, placebo-controlled, phase 3 clinical trial of CAN-2409 in localized prostate cancer, conducted under a Special Protocol Assessment (SPA) agreed with the U.S. Food and Drug Administration (FDA). CAN-2409 plus prodrug (valacyclovir) 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 primary prostate cancer in combination with radiation therapy. The FDA also granted Regenerative Medicine Advanced Therapy (RMAT) Designation to CAN-2409 for the treatment of newly diagnosed localized prostate cancer in patients with intermediate-to-high-risk disease and Orphan Drug Designation to CAN-2409 for the treatment of PDAC.
CAN-3110 is the lead product candidate from the HSV platform and is currently in an ongoing phase 1b clinical trial in recurrent high-grade glioma. Initial results were published in Nature and Science Translational Medicine and CAN-3110 received Fast Track Designation and Orphan Drug Designation from the FDA. Finally, Candel’s enLIGHTEN™ Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors.
For more information about Candel, visit: www.candeltx.com .
Forward-Looking Statements
This press release includes certain disclosures that contain “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, express or implied statements regarding the timing and advancement of current and future development programs, expectations regarding the submission of the Biologics License Application for CAN-2409 in intermediate-to-high-risk localized prostate cancer; expectations regarding the therapeutic benefit of the Company’s platforms, including the ability of its platforms to improve overall survival and/or disease-free survival of patients living with difficult-to-treat, solid tumors; and expectations regarding the potential benefits conferred by the Company’s inclusion in the Russell indexes. The words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, those risks and uncertainties related to the timing and advancement of development programs; expectations regarding the therapeutic benefit of the Company’s programs; that final data from the Company’s preclinical studies and completed clinical trials may differ materially from reported interim data from ongoing studies and trials; the Company’s ability to efficiently discover and develop product candidates; the Company’s ability to obtain and maintain regulatory approval of product candidates; the Company’s ability to maintain its intellectual property; the implementation of the Company’s business model, including strategic plans for the Company’s business and product candidates; and other risks identified in the Company’s filings with the U.S. Securities and Exchange Commission (SEC), including the Company’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, each as filed with the SEC and any subsequent filings with the SEC. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Any forward-looking statements contained in this press release represent the Company’s views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date.
Investor Contact
Theodore Jenkins
Vice President, Investor Relations, and Business Development
Candel Therapeutics, Inc.
[email protected]
Media Contact
Ben Shannon
ICR Healthcare
[email protected]