Candel Therapeutics' cancer drug meets late-stage trial goals
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Candel Therapeutics announced that its experimental prostate cancer drug achieved the primary endpoint in a late-stage trial, resulting in a 64% increase in the company's shares during premarket trading.
December 11, 2024 | 12:30 pm
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POSITIVE IMPACT
Candel Therapeutics' prostate cancer drug met the main goal in a late-stage trial, leading to a significant 64% increase in the company's stock price during premarket trading.
The successful trial results for Candel Therapeutics' prostate cancer drug are a major milestone, likely increasing investor confidence and driving up the stock price significantly. The 64% premarket rise indicates strong positive sentiment.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100