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Candel Therapeutics reports Q3 2026 results, advances prostate cancer drug BLA submission, and shows promising trial data.

Company Fundamentals
12 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Candel Therapeutics reports Q3 2026 results, advances prostate cancer drug BLA submission, and shows promising trial data.

Candel Therapeutics announced its Q3 2026 financial results, reporting a net loss of $21.9 million and cash reserves of $203.1 million, sufficient to fund operations into Q2 2028. The company is progressing with its Biologics License Application (BLA) submission for aglatimagene, a prostate cancer immunotherapy, planned for mid-2027 after ongoing FDA discussions. Clinical trial data presented at SITC 2026 demonstrated systemic immune activation and promising survival outcomes in prostate cancer, non-small cell lung cancer, and recurrent high-grade glioma. Candel also strengthened its leadership team to support regulatory and commercial readiness ahead of potential product launches.

Candel Therapeutics Q3 2026 financial results provide context for readers. For those tracking the health sector, 23 of 150 US stocks rose and 124 fell on Pluang as of Nov 13, 2026 04:11 WIB. Notable movers include MRNA at USD 230.95 with a 7.13% decrease, Butterfly Network at USD 6.64 down 7.00%, and Recursion Pharmaceuticals at USD 3.34 down 6.96%.

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