Can-Fite(CANF)
Search documents
Can-Fite Expands Namodenoson anti-Obesity Franchise with Israeli Patent Allowance
Globenewswire· 2026-03-17 11:47
Core Insights - Can-Fite BioPharma Ltd. has received patent allowance in Israel for its drug candidate Namodenoson, which targets fat loss and obesity treatment through A3 adenosine receptor agonists [1][2] - The global obesity therapeutics market is projected to grow significantly, reaching $60.5 billion by 2030, with a compound annual growth rate (CAGR) of approximately 22% [4] Company Developments - The allowed patent strengthens Can-Fite's global intellectual property portfolio, following similar advancements in the US, Canada, and Australia [2] - Namodenoson is currently in pivotal Phase III trials for advanced liver cancer and Phase II trials for Metabolic Dysfunction-associated Steatohepatitis (MASH) and pancreatic cancer [5][6] - The drug has shown a strong safety profile and is recognized for its unique mechanism of action, which may provide a competitive edge in the obesity treatment market [3][4] Market Context - The obesity therapeutics market is experiencing rapid growth due to increasing prevalence and the limitations of current treatments, such as gastrointestinal side effects and high costs [3] - Namodenoson offers a differentiated mechanism of action, targeting pathways involved in adipogenesis, inflammation, and metabolic regulation, positioning it as a promising candidate in the obesity treatment landscape [3][4]
CANF Stock Soars 20% on Positive Mid-Stage Pancreatic Cancer Data
ZACKS· 2026-03-05 15:21
Core Insights - Can-Fite BioPharma (CANF) shares increased by 20.4% following the announcement of positive top-line results from a mid-stage study of its investigational candidate, namodenoson, for patients with advanced pancreatic ductal adenocarcinoma (PDAC) who had previously undergone systemic therapies [1][4]. Study Results - The phase IIa study of namodenoson included 20 patients with advanced PDAC who had received at least one prior line of therapy, indicating a high-risk group with diverse performance status and advanced metastatic disease [2]. - The study successfully met its primary safety endpoint, showing strong tolerability in a heavily pretreated population of PDAC patients, with no new safety concerns reported [3][4]. Survival Data - Secondary endpoints evaluated included overall survival and progression-free survival, with ongoing survival monitoring indicating that approximately one-third of the enrolled patients were still alive at the data cutoff [5][6]. - The company plans to present updated survival findings at upcoming scientific conferences as additional data matures [6]. Broader Clinical Pipeline - Besides PDAC, Can-Fite is also assessing namodenoson in a late-stage study for advanced liver cancer (hepatocellular carcinoma) and in a mid-stage study for metabolic-associated steatohepatitis [7]. - The company's clinical pipeline includes its lead candidate, piclidenoson, which is under evaluation in a pivotal late-stage study for psoriasis [7].
Can-Fite Announces Exercise of Warrants for Approximately $4.0 Million in Gross Proceeds
Globenewswire· 2026-03-04 15:25
Core Viewpoint - Can-Fite BioPharma Ltd. has entered into a definitive agreement for the immediate exercise of outstanding warrants to purchase up to 795,869 American Depositary Shares (ADSs) at a reduced exercise price of $5.00 per ADS, down from $9.34, with expected gross proceeds of approximately $4.0 million to fund research and development and clinical trials [1][3]. Group 1: Financial Details - The exercise of the warrants will generate gross proceeds of approximately $4.0 million before deducting placement agent fees and offering expenses [3]. - Can-Fite will issue new unregistered warrants to purchase up to 1,591,738 ADSs at an exercise price of $5.00 per ADS, which will be immediately exercisable for 24 months [2]. Group 2: Regulatory and Compliance - The new warrants and ADSs are offered in a private placement and have not been registered under the Securities Act of 1933, requiring a registration statement to be filed with the SEC for resale [4]. Group 3: Company Overview - Can-Fite BioPharma is a clinical stage drug development company focusing on proprietary small-molecule drugs for oncological and inflammatory diseases, with lead drug candidates including Piclidenoson and Namodenoson [6]. - Namodenoson has received Orphan Drug Designation in the U.S. and Europe and Fast Track Designation for hepatocellular carcinoma [6].
Micro-Cap Can-Fite BioPharma Shares Surge On Successful Pancreatic Cancer Drug Study
Benzinga· 2026-03-04 15:07
Can-Fite BioPharma Ltd. (AMEX:CANF) shares are up on Wednesday following the company’s announcement that its drug, Namodenoson, successfully met the primary endpoint in a Phase 2a study for pretreated pancreatic cancer patients.Can-Fite BioPharma’s Pancreatic Cancer DataThe Phase 2a study results indicated that Namodenoson demonstrated a significant improvement in overall survival rates among patients, which analysts view as a promising development for Can-Fite.The company reported that the treatment was we ...
Can-Fite’s Namodenoson Successfully Meets Primary Endpoint in Phase 2a Pancreatic Cancer Study
Globenewswire· 2026-03-04 12:00
Core Viewpoint - Can-Fite BioPharma Ltd. announced positive results from a Phase IIa study of namodenoson for advanced pancreatic ductal adenocarcinoma (PDAC), highlighting its favorable safety profile and potential for further clinical evaluation [1][2][5]. Group 1: Study Results - The Phase IIa study met its primary endpoint of safety, showing that namodenoson was well tolerated in a heavily pretreated patient population with no new safety signals identified [2][3]. - The study enrolled 20 patients with advanced PDAC who had received one or more prior lines of therapy, representing a high-risk population [3]. - Secondary endpoints included overall survival (OS) and progression-free survival (PFS), with ongoing follow-up indicating that one-third of patients were alive at the time of data cut-off [4]. Group 2: Drug Profile and Designation - Namodenoson is a selective A3 adenosine receptor (A3AR) agonist that has shown anti-tumor activity in preclinical models and is also being evaluated for advanced liver cancer [5][6]. - The drug has received Orphan Drug Designation from the U.S. FDA for the treatment of pancreatic cancer, indicating its potential significance in addressing unmet medical needs [6]. Group 3: Company Overview - Can-Fite BioPharma Ltd. is a clinical-stage biotechnology company focused on developing small molecule drugs for cancer and inflammatory diseases, with a pipeline addressing multi-billion dollar markets [7]. - The company’s lead drug candidate, Piclidenoson, has reported topline results in a Phase 3 trial for psoriasis and is advancing in clinical trials for other indications [7].
Can-Fite Announces Scientific Breakthrough Publication Demonstrating Anti-Obesity Effect of Namodenoson
Globenewswire· 2026-02-17 12:00
Core Viewpoint - Can-Fite BioPharma Ltd. has announced promising results for its lead drug candidate, namodenoson, in treating obesity, supported by a peer-reviewed study demonstrating its anti-obesity effects and favorable safety profile [1][4][6]. Group 1: Study Findings - The study published in the International Journal of Obesity shows that namodenoson significantly inhibits adipocyte proliferation and lipid droplet accumulation in a dose-dependent manner [4]. - In a murine high-fat diet model, daily oral administration of namodenoson for four weeks resulted in a statistically significant reduction in weight gain compared to placebo-treated controls [4]. - The findings align with previous Phase IIa clinical study results, where namodenoson treatment for three months led to reductions in liver fat and body weight in patients with metabolic dysfunction-associated steatohepatitis (MASH) [3][4]. Group 2: Mechanism of Action - Namodenoson modulates key molecular pathways involved in adipogenesis and inflammation, upregulating adiponectin and suppressing various signaling pathways such as PI3K, NF-κB, Akt, and Wnt/β-catenin [5]. - The drug's mechanism suggests a multi-pathway metabolic approach to obesity treatment [5]. Group 3: Market Potential - The global obesity treatment market is projected to reach $60.5 billion by 2030, with a compound annual growth rate (CAGR) of approximately 22%, driven by increasing disease prevalence and demand for safe, effective oral therapies [7]. - Namodenoson's favorable safety profile and broad patent portfolio position it as a promising candidate in this rapidly growing market [4][6]. Group 4: Company Overview - Can-Fite BioPharma Ltd. is a clinical-stage biotechnology company focused on developing proprietary small molecule drugs for oncological and inflammatory diseases [1][9]. - Namodenoson is currently in advanced clinical development for MASH and is also being evaluated in pivotal trials for advanced liver cancer and pancreatic cancer [8][10].
Can-Fite: Receives Canadian Patent Allowance for Namodenoson as an Anti-Obesity Therapy
Globenewswire· 2026-02-09 12:00
Core Insights - Can-Fite BioPharma Ltd. has received a notice of allowance for a Canadian patent on Namodenoson, an A3 adenosine receptor agonist, for its use in reducing fat mass and body weight, positioning it as a potential anti-obesity therapy [1][2] - The global obesity treatment market is projected to reach $60.5 billion by 2030, with a compound annual growth rate (CAGR) of approximately 22%, driven by increasing disease prevalence and demand for effective oral therapies [5] Company Overview - Can-Fite BioPharma is a biotechnology company focused on developing small molecule drugs for oncological and inflammatory diseases, with Namodenoson currently in clinical trials for various conditions including Metabolic Dysfunction-Associated Steatohepatitis (MASH) and advanced liver cancer [3][7] - The company holds patents for Namodenoson in the United States and Australia, and it has demonstrated a strong safety profile in clinical studies [3][6] Clinical Development - Namodenoson has shown efficacy in reducing fat levels by increasing adiponectin hormone and has resulted in a 2.3% weight loss in a Phase IIa study for MASH after three months [4] - The drug is currently undergoing pivotal Phase III trials for advanced liver cancer and Phase IIb trials for MASH, indicating its potential in multiple therapeutic areas [6][7]
Can-Fite: Patient with Decompensated Liver Cirrhosis Successfully Undergoes Liver Transplantation Following Treatment with Namodenoson
Globenewswire· 2026-02-05 12:00
Core Insights - Can-Fite BioPharma Ltd. announced that Namodenoson provided clinical stabilization for a patient with advanced decompensated liver cirrhosis, leading to a successful liver transplantation [1][2] Company Overview - Can-Fite BioPharma Ltd. is a biotechnology company focused on developing small molecule drugs for oncological and inflammatory diseases, with a pipeline that includes Namodenoson [1][6] - The company is currently evaluating Namodenoson in multiple clinical trials, including a Phase III trial for hepatocellular carcinoma and a Phase IIb trial for Metabolic Dysfunction-associated Steatohepatitis (MASH) [5][6] Product Details - Namodenoson is an orally bioavailable A3 adenosine receptor (A3AR) agonist known for its anti-inflammatory and anti-fibrotic properties, with a favorable safety profile demonstrated in previous studies [3][5] - The drug has been granted Orphan Drug Designation in the U.S. and Europe and Fast Track Designation for hepatocellular carcinoma by the U.S. FDA [6] Market Context - In 2017, approximately 10.6 million people globally were affected by decompensated cirrhosis, with limited treatment options available for advanced stages of the disease [4] - The global liver cirrhosis treatment market is projected to grow from around $7.6 billion in 2024 to over $15 billion by 2031, indicating a significant opportunity for new therapies [4]
Can-Fite Completes Patient Enrollment in Phase 2a Pancreatic Cancer Study of Namodenoson
Globenewswire· 2026-01-20 12:00
Core Insights - Can-Fite BioPharma Ltd. has completed patient enrollment in its Phase 2a clinical trial for Namodenoson, a drug targeting advanced pancreatic adenocarcinoma, with top-line efficacy data expected in Q3 2026 [1][3] Group 1: Clinical Trial Details - The Phase 2a study is a multicenter, open-label trial focusing on patients with advanced pancreatic adenocarcinoma who have progressed after at least one prior therapy [2] - The primary endpoint of the study is safety, with additional evaluations of clinical activity and pharmacokinetics of Namodenoson, administered at a dose of 25 mg twice daily in 28-day cycles [2] - Namodenoson has shown a favorable safety profile to date, with ongoing monitoring of participants [2][3] Group 2: Drug Profile and Designations - Namodenoson is a selective A3 adenosine receptor agonist that has demonstrated anti-tumor activity in preclinical models for pancreatic cancer and is also being tested for advanced liver cancer [3] - The drug has received Orphan Drug Designation from the U.S. FDA for the treatment of pancreatic cancer, indicating its potential significance in addressing unmet medical needs [4] Group 3: Company Overview - Can-Fite BioPharma is an advanced clinical-stage drug development company with a focus on multi-billion dollar markets in cancer, liver, and inflammatory diseases [5] - The company’s lead drug candidate, Piclidenoson, has recently reported topline results in a Phase 3 trial for psoriasis and is advancing in pivotal trials [5] - Can-Fite's pipeline includes Namodenoson, which is also in a Phase III trial for hepatocellular carcinoma and has shown potential for treating other cancers [5]
Can-Fite Granted Brazilian Patent for Treatment of Sexual Dysfunction
Globenewswire· 2025-12-26 12:00
Core Insights - Can-Fite BioPharma Ltd. has received a patent from the Brazilian Patent Office for the use of A3 Adenosine Receptor Agonists in treating sexual dysfunction, enhancing its intellectual property portfolio in a significant pharmaceutical market [1][3] Group 1: Patent and Market Implications - The granted patent provides protection in Brazil for Can-Fite's proprietary A3AR agonists, which is crucial as Brazil is one of the largest pharmaceutical markets in Latin America with increasing demand for innovative sexual health therapies [1][2] - The patent validates the therapeutic versatility of A3 adenosine receptor agonists and may lead to future commercialization opportunities in Latin America [3] Group 2: Company Overview and Drug Development - Can-Fite is an advanced clinical stage drug development company targeting multi-billion-dollar markets in cancer, liver, and inflammatory diseases [4] - The company's lead drug candidate, Piclidenoson, has reported topline results in a Phase III trial for psoriasis and is advancing in other trials for hepatocellular carcinoma and pancreatic cancer [4] - Can-Fite's drug candidate Namodenoson has received Orphan Drug Designation in the U.S. and Europe and is being evaluated in multiple clinical trials [4]