Name | Value |
---|---|
Revenues | 1.8M |
Cost of Revenue | 0.3M |
Gross Profit | 1.5M |
Operating Expense | 10.0M |
Operating I/L | -10.3M |
Other Income/Expense | -0.8M |
Interest Income | 0.4M |
Pretax | -11.1M |
Income Tax Expense | 0.4M |
Net Income/Loss | -11.1M |
Candel Therapeutics, Inc. is a clinical stage biopharmaceutical company specializing in the development of immunotherapies for cancer patients. The company's lead product, CAN-2409, is undergoing Phase II clinical trials for pancreatic cancer, Phase III trials for prostate cancer, and Phase II trials for lung cancer, with completed Phase Ib/II trials for high-grade glioma treatment. Additionally, the company is developing CAN-3110, currently in Phase I trials for recurrent glioblastoma. Candel Therapeutics, Inc. generates revenue through the development and commercialization of these innovative immunotherapies for various cancer indications.