Cardiff Oncology will present updated Phase 2 trial data for onvansertib in RAS-mutated mCRC at ASCO 2026.
Quiver AI Summary
Cardiff Oncology, Inc. announced that it will present updated data from its Phase 2 clinical trial, CRDF-004, at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting. The trial evaluates the efficacy of onvansertib, a PLK1 inhibitor, in combination with standard treatments for first-line RAS-mutated metastatic colorectal cancer (mCRC). The presentation is scheduled for June 2, 2026, and will include interim results focused on patients receiving combination therapy with onvansertib and standard care regimens. Cardiff Oncology, a company dedicated to advancing innovative cancer therapies, emphasizes the potential of onvansertib for treating underserved patient populations and is also exploring its application in other cancers. The abstract will be published on ASCO's website on May 21, 2026, with further details available on Cardiff's own website post-presentation.
Potential Positives
- Cardiff Oncology will present updated Phase 2 clinical trial data for onvansertib at a major event, potentially increasing visibility and interest in their lead product.
- The trial focuses on previously underserved patients with first-line RAS-mutated metastatic colorectal cancer, highlighting the company's commitment to addressing significant unmet medical needs.
- Onvansertib is also being evaluated in multiple other cancer types, indicating the breadth of the company’s research efforts and the potential for broader applications of their therapy.
- The presentation's rapid oral format at ASCO enhances the credibility and urgency of their findings, which could attract further investment and partnerships.
Potential Negatives
- The company acknowledges that clinical trials are lengthy and expensive with uncertain outcomes, which may affect investor confidence.
- There is a risk that clinical trials may be suspended or discontinued due to unexpected side effects, casting doubt on the safety and viability of their lead product, onvansertib.
- The press release mentions the need for additional financing, indicating potential financial instability or challenges ahead for the company.
FAQ
What is the main focus of Cardiff Oncology's CRDF-004 trial?
The CRDF-004 trial evaluates onvansertib in combination with standard care for RAS-mutated metastatic colorectal cancer.
When will the updated data from the trial be presented?
The updated data will be presented at the ASCO Annual Meeting from June 2, 2026.
What is onvansertib?
Onvansertib is an oral PLK1 inhibitor being evaluated for RAS-mutated metastatic colorectal cancer and other cancers.
How can I access the trial abstract and presentation?
The abstract will be available on ASCO's website on May 21, 2026, and the presentation will be on Cardiff's website after.
What types of cancers is Cardiff Oncology targeting?
Cardiff Oncology is targeting RAS-mutated colorectal cancer, pancreatic cancer, lung cancer, breast cancer, and more.
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.
$CRDF Hedge Fund Activity
We have seen 45 institutional investors add shares of $CRDF stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FRANKLIN RESOURCES INC added 1,205,803 shares (+inf%) to their portfolio in Q4 2025, for an estimated $3,388,306
- TWO SIGMA INVESTMENTS, LP added 520,947 shares (+255.4%) to their portfolio in Q4 2025, for an estimated $1,463,861
- CANDRIAM S.C.A. added 344,437 shares (+inf%) to their portfolio in Q4 2025, for an estimated $967,867
- TWO SIGMA ADVISERS, LP added 334,700 shares (+1297.3%) to their portfolio in Q4 2025, for an estimated $940,507
- BLAIR WILLIAM & CO/IL removed 264,759 shares (-12.0%) from their portfolio in Q4 2025, for an estimated $743,972
- GSA CAPITAL PARTNERS LLP added 210,880 shares (+inf%) to their portfolio in Q4 2025, for an estimated $592,572
- NATIONAL BANK OF CANADA /FI/ removed 208,700 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $586,447
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CRDF Price Targets
Multiple analysts have issued price targets for $CRDF recently. We have seen 2 analysts offer price targets for $CRDF in the last 6 months, with a median target of $8.0.
Here are some recent targets:
- Edward Tenthoff from Piper Sandler set a target price of $6.0 on 02/25/2026
- Robert Burns from HC Wainwright & Co. set a target price of $10.0 on 01/28/2026
Full Release
SAN DIEGO, April 21, 2026 (GLOBE NEWSWIRE) -- Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel cancer therapies, today announced it will present updated data from CRDF-004, a randomized dose-finding Phase 2 clinical trial evaluating onvansertib in combination with standard of care (SoC) regimens (FOLFIRI/bevacizumab (bev) or FOLFOX/bev) in patients with first-line RAS-mutated metastatic colorectal cancer (mCRC). The data will be reviewed in a rapid oral presentation at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting, taking place May 29–June 2 in Chicago.
Rapid Oral Presentation Details:
Abstract Title:
Onvansertib plus standard-of-care chemotherapy plus bevacizumab in first-line RAS-mutated metastatic colorectal cancer (mCRC): Interim results from the phase 2 randomized CRDF-004 trial
Abstract Number:
3510
Session Title:
Gastrointestinal Cancer—Colorectal and Anal
Session Date and Time:
June 2, 2026, 8:00-9:30 AM CDT
The abstract will be publicly available on Thursday, May 21, 2026 on ASCO’s website, and the presentation will be made available on the Scientific Publications page of the Company’s website following its presentation.
About Onvansertib
Onvansertib is a highly specific, oral PLK1 inhibitor currently in mid-stage clinical development for RAS-mutated metastatic colorectal cancer. It is also being evaluated in multiple other cancers through investigator-initiated studies, including metastatic pancreatic ductal adenocarcinoma (mPDAC), small cell lung cancer (SCLC), triple-negative breast cancer (TNBC), and chronic myelomonocytic leukemia (CMML).
About Cardiff Oncology, Inc.
Cardiff Oncology is a clinical-stage biotechnology company advancing innovative cancer treatments focused on PLK1 inhibition, a validated oncology target with practice-changing potential. Our lead asset, onvansertib, is a highly specific, oral PLK1 inhibitor currently being evaluated in a Phase 2 trial for first-line treatment of RAS-mutated metastatic colorectal cancer (mCRC), addressing a large, underserved patient population with high unmet need. Onvansertib is also under investigation in other PLK1-driven cancers through ongoing investigator-initiated trials and has shown robust single agent clinical activity in hard-to-treat tumors. By targeting tumor vulnerabilities, we aim to overcome treatment resistance and deliver improved clinical outcomes for patients.
For more information, please visit https://www.cardiffoncology.com .
Forward-Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified using words such as "anticipate," "believe," "forecast," "estimated" and "intend" or other similar terms or expressions that concern Cardiff Oncology's expectations, strategy, plans or intentions. These forward-looking statements are based on Cardiff Oncology's current expectations and actual results could differ materially. There are several factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, clinical trials involve a lengthy and expensive process with an uncertain outcome, and results of earlier studies and trials may not be predictive of future trial results; our clinical trials may be suspended or discontinued due to unexpected side effects or other safety risks that could preclude approval of our product candidate; results of preclinical studies or clinical trials for our product candidate could be unfavorable or delayed; our need for additional financing; risks related to business interruptions, including the outbreak of COVID-19 coronavirus and cyber-attacks on our information technology infrastructure, which could seriously harm our financial condition and increase our costs and expenses; uncertainties of government or third party payer reimbursement; dependence on key personnel; limited experience in marketing and sales; substantial competition; uncertainties of patent protection and litigation; dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. There are no guarantees that our product candidate will be utilized or prove to be commercially successful. Additionally, there are no guarantees that future clinical trials will be completed or successful or that our product candidate will receive regulatory approval for any indication or prove to be commercially successful. Investors should read the risk factors set forth in Cardiff Oncology's Form 10-K for the year ended December 31, 2025, and other periodic reports filed with the Securities and Exchange Commission. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Forward-looking statements included herein are made as of the date hereof, and Cardiff Oncology does not undertake any obligation to update publicly such statements to reflect subsequent events or circumstances.
Investor Contact:
Candice Masse
astr partners
[email protected]
Media Contact:
Amy Bonanno
Lyra Strategic Advisory
[email protected]