Cardiff Oncology (NasdaqCM:CRDF) FY Conference Transcript

Summary of Cardiff Oncology FY Conference Call Company Overview - Company: Cardiff Oncology (NasdaqCM:CRDF) - Focus: Development of onvansertib, a first-in-class PLK1 inhibitor for treating RAS mutated metastatic colorectal cancer Key Points Industry and Product Insights - PLK1 Biology: PLK1 is a serine-threonine kinase essential for cell division and is overexpressed in tumor cells, driving metastasis and dependency on PLK1 [3][4] - Onvansertib Characteristics: - First-in-class oral drug with a 5,000-fold selectivity for PLK1 compared to other PLKs [4][5] - Short half-life of approximately 24 hours, allowing for better tolerability and combination with chemotherapies [5] Clinical Trial Data - CRDF-004 Study: - Aimed to evaluate the efficacy and safety of onvansertib combined with standard chemotherapy (FOLFOX and FOLFIRI with Avastin) in RAS mutant metastatic colorectal cancer [6][7] - Results showed a 19% improvement in confirmed objective response rate with the 30 mg dose compared to standard care [8] - Early signs of progression-free survival (PFS) benefit were observed without significant increases in toxicity [9][10] Future Plans - Phase Three Trial: - Plans to align with the FDA on the design of a registrational trial, aiming for accelerated approval based on response endpoints and full approval based on PFS [12] - Interest in exploring additional indications for onvansertib, including triple-negative breast cancer and small cell lung cancer [13][14] Financial Position - Cash Reserves: Company ended the third quarter with over $60 million in cash, sufficient to fund operations for one year while awaiting data updates in Q1 2027 [16] Additional Mechanisms and Synergies - Combination Therapies: - Potential synergies with other treatments, such as paclitaxel in breast cancer and Enhertu in HER2-positive breast cancer [17][18] - Ongoing exploration of single-agent activity in small cell lung cancer [18] Operational Considerations - Funding Needs: Additional funds will be necessary to support the phase three trial operations [19] Conclusion - Cardiff Oncology is positioned to advance onvansertib through clinical trials, with promising early data and a clear strategy for regulatory alignment and potential partnerships. The company is focused on expanding its therapeutic applications while maintaining a solid financial foundation.