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Cardiff Oncology Inc - CRDF STOCK NEWS

Welcome to our dedicated page for Cardiff Oncology news (Ticker: CRDF), a resource for investors and traders seeking the latest updates and insights on Cardiff Oncology stock.

About Cardiff Oncology Inc.

Cardiff Oncology Inc. (Nasdaq: CRDF) is a clinical-stage biotechnology company dedicated to advancing precision oncology therapeutics. The company leverages its proprietary expertise in Polo-like Kinase 1 (PLK1) inhibition, a well-validated oncology drug target, to develop novel therapies aimed at addressing some of the most pressing unmet needs in cancer treatment. By focusing on cancers with limited therapeutic options, Cardiff Oncology is at the forefront of innovative solutions in the oncology landscape.

Core Focus and Therapeutic Pipeline

Cardiff Oncology's primary focus lies in the clinical development of onvansertib, an oral, highly selective PLK1 inhibitor. PLK1 is a critical regulator of cell division, and its overexpression is associated with tumor growth and poor prognosis in various cancers. Importantly, PLK1 is only expressed in dividing cells, making it a highly targeted and promising approach for cancer therapy. Onvansertib is being evaluated in combination with standard-of-care chemotherapies to enhance efficacy and improve patient outcomes.

The company’s lead clinical program targets RAS-mutated metastatic colorectal cancer (mCRC), a condition with limited treatment advancements over the past several decades. Cardiff Oncology is also conducting investigator-initiated trials in other challenging cancer indications, including metastatic pancreatic ductal adenocarcinoma (mPDAC), small cell lung cancer (SCLC), and triple-negative breast cancer (TNBC). These cancers represent areas of significant unmet medical need, where Cardiff Oncology aims to deliver meaningful clinical benefits through its innovative therapeutic approach.

PLK1 Inhibition: A Targeted Approach

PLK1 plays a pivotal role in cell cycle regulation and mitosis. By selectively inhibiting PLK1, onvansertib disrupts tumor cell division, leading to cancer cell death while sparing normal, non-dividing cells. This targeted mechanism of action not only enhances the therapeutic potential of onvansertib but also reduces the likelihood of off-target effects, a common challenge in oncology treatments. Cardiff Oncology's focus on combination therapies further amplifies the clinical impact, as evidenced by promising results from its ongoing trials.

Strategic Positioning in the Oncology Landscape

Operating in the highly competitive and innovation-driven biotechnology sector, Cardiff Oncology distinguishes itself through its specialization in PLK1 inhibition and its commitment to addressing cancers with the greatest unmet needs. The company’s strategic partnerships, including collaborations with leading pharmaceutical firms, underscore its potential to accelerate therapeutic development and expand its market reach. By targeting RAS-mutated cancers—a subset of cancers with historically poor outcomes—Cardiff Oncology is carving a niche in an area with significant clinical and commercial potential.

Challenges and Opportunities

As a clinical-stage company, Cardiff Oncology faces challenges typical of the biotechnology industry, including the high costs and risks associated with drug development, regulatory approval processes, and competitive pressures. However, its focus on a well-validated target like PLK1, combined with its innovative approach to combination therapies, positions the company to potentially overcome these hurdles. Additionally, the increasing prevalence of RAS-mutated cancers and the lack of effective treatments in this space present a substantial market opportunity for Cardiff Oncology’s therapeutic innovations.

Conclusion

Cardiff Oncology Inc. is a pioneering force in the field of precision oncology, leveraging cutting-edge science to develop targeted therapies for cancers with significant unmet needs. Through its focus on PLK1 inhibition and combination treatment strategies, the company is poised to make a meaningful impact on the oncology landscape. With a robust clinical pipeline and a commitment to innovation, Cardiff Oncology continues to advance its mission of improving outcomes for cancer patients worldwide.

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Cardiff Oncology, Inc. (CRDF) will release financial results for Q4 and full year 2023 on February 29, 2024. The company focuses on developing cancer therapies using PLK1 inhibition. A conference call and webcast will be held to discuss the results.
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Cardiff Oncology, Inc. announced the publication of findings from the Phase 1b portion of the Phase 1b/2 study for the second-line treatment of patients with KRAS-mutated metastatic colorectal cancer (mCRC). The results highlight the safety and promising efficacy of onvansertib in combination with standard-of-care chemotherapy+bevacizumab. The study revealed an improved objective response rate and median progression-free survival compared to historical controls, demonstrating efficacy across multiple KRAS mutations. The company has also received agreement from the US FDA to initiate a first-line trial in RAS-mutated mCRC.
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Cardiff Oncology, Inc. (Nasdaq: CRDF) announced their participation in the 35th Annual Piper Sandler Healthcare Conference in New York. CEO Mark Erlander will be presenting at the fireside chat on 11/29/2023, discussing the company's innovative PLK1 inhibition therapies for cancer. Interested parties can register for the live webcast on the Cardiff Oncology website.
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Cardiff Oncology announced positive clinical and preclinical data for their lead program in RAS-mutated metastatic colorectal cancer (mCRC). They also expanded their relationship with Pfizer for a new Phase 2 trial. Onvansertib monotherapy showed activity in refractory patients with small cell lung cancer. The company has approximately $81.4 million in cash and expects to fund operations into 2025.
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Cardiff Oncology plans to release financial results for the third quarter on November 2 and will hold a conference call and webcast on the same day.
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Cardiff Oncology announces positive clinical data with onvansertib in pancreatic cancer and small cell lung cancer, plans for a first-line trial in pancreatic cancer, and ongoing enrollment in small cell lung cancer trial.
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Cardiff Oncology, Inc. (Nasdaq: CRDF) will present at the Baird Global Healthcare Conference on September 12, 2023, and the H.C. Wainwright 25th Annual Global Investment Conference on September 13, 2023. The presentations will be given by Mark Erlander, CEO. Interested parties can register for the live webcast of the H.C. Wainwright conference on the Cardiff Oncology website.
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Cardiff Oncology announces new lead program in first-line RAS-mutated metastatic colorectal cancer (mCRC) and expanded Pfizer relationship. Interim topline data expected in mid-2024. Company has approximately $89.4 million in cash and projected runway into 2025.
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Cardiff Oncology plans to advance its lead program to the first-line setting of metastatic colorectal cancer (mCRC) and conduct a new CRDF-004 trial with support from Pfizer Ignite. The company estimates 48,000 new patients annually in the first-line RAS-mutated mCRC setting. Cash position on June 30, 2023, was $89.4 million, sufficient to fund operations into 2025. Interim topline results from the CRDF-004 trial are expected in mid-2024. Cardiff Oncology will discontinue enrollment in its ONSEMBLE second-line trial to focus on the first-line program.
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Cardiff Oncology grants non-qualified stock options to a new employee. The options allow the purchase of 50,016 shares of common stock at an exercise price of $1.49 per share. Vesting occurs over a 4-year period, with 25% of the shares vesting after 1 year and the remaining shares vesting monthly over the following 36 months.
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FAQ

What is the current stock price of Cardiff Oncology (CRDF)?

The current stock price of Cardiff Oncology (CRDF) is $4.24 as of February 28, 2025.

What is the market cap of Cardiff Oncology (CRDF)?

The market cap of Cardiff Oncology (CRDF) is approximately 270.1M.

What does Cardiff Oncology Inc. specialize in?

Cardiff Oncology specializes in developing precision oncology therapies, focusing on PLK1 inhibition to treat cancers with significant unmet needs.

What is onvansertib?

Onvansertib is Cardiff Oncology's lead therapeutic candidate, an oral PLK1 inhibitor being studied in combination therapies for cancers such as RAS-mutated mCRC.

What is PLK1 and why is it important?

PLK1 is a protein essential for cell division. Its overexpression is linked to tumor growth, making it a promising target for cancer therapies.

What types of cancer does Cardiff Oncology focus on?

Cardiff Oncology focuses on cancers with limited treatment options, including RAS-mutated metastatic colorectal cancer, mPDAC, SCLC, and TNBC.

How does Cardiff Oncology differentiate itself from competitors?

Cardiff Oncology differentiates itself through its focus on PLK1 inhibition, combination therapy strategies, and targeting cancers with high unmet medical needs.

What are the challenges Cardiff Oncology faces?

Challenges include high clinical trial costs, regulatory hurdles, and competition in the oncology biotech sector.

What is the significance of RAS-mutated cancers?

RAS-mutated cancers are associated with poor prognosis and limited treatment options, making them a critical focus area for innovative therapies like onvansertib.

What is Cardiff Oncology’s business model?

Cardiff Oncology’s business model revolves around clinical trial development, strategic partnerships, and the eventual commercialization of its therapies.
Cardiff Oncology Inc

Nasdaq:CRDF

CRDF Rankings

CRDF Stock Data

270.09M
61.24M
5.64%
27.7%
14.24%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
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