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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.

Cardiff Oncology, Inc. (Nasdaq: CRDF) is a clinical-stage biotechnology company dedicated to developing novel cancer therapies. Leveraging their proprietary PLK1 inhibition technology, Cardiff Oncology focuses on creating innovative treatments for various cancers with significant unmet medical needs.

Cardiff Oncology's lead therapeutic asset is onvansertib, a highly selective Polo-like kinase 1 (PLK1) inhibitor. This investigational drug is currently being evaluated in clinical trials for its effectiveness in treating multiple types of cancer, including RAS-mutated metastatic colorectal cancer (mCRC), metastatic pancreatic ductal adenocarcinoma (mPDAC), small cell lung cancer (SCLC), and triple-negative breast cancer (TNBC).

Recent achievements include promising clinical data for onvansertib monotherapy and combination therapy in mPDAC and SCLC trials. The mPDAC Phase 2 trial reported a 19% objective response rate (ORR) and a median progression-free survival (mPFS) of 5.0 months, compared to historical controls with an ORR of 7.7% and mPFS of 3.1 months. In SCLC, onvansertib monotherapy has demonstrated encouraging single-agent activity.

Cardiff Oncology continues to expand its clinical programs and research partnerships. They announced a first-line trial in mPDAC in collaboration with Oregon Health & Science University (OHSU) Knight Cancer Institute, exploring both monotherapy and combination therapy with standard care. Furthermore, the company highlights an ongoing Phase 1b/2 study for KRAS-mutated mCRC, which has shown a favorable safety profile and promising efficacy results.

Financially, Cardiff Oncology reported a strong cash position with approximately $81.4 million in cash, cash equivalents, and short-term investments as of September 30, 2023. Their operational strategy is supported by partnerships and ongoing research endeavors, which are projected to fund operations into 2025.

The company's forward-looking initiatives include the advancement of their lead program in RAS-mutated mCRC to the first-line setting and continuous exploration of onvansertib's potential in various cancer treatments. Investors and stakeholders can stay updated through regular business updates and conference calls hosted by Cardiff Oncology.

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Cardiff Oncology, Inc. (Nasdaq: CRDF) will participate in the Baird Global Healthcare Conference and the H.C. Wainwright 24th Annual Global Investment Conference in New York, NY. The Baird Conference is on September 13, 2022, featuring a fireside chat at 2:00 PM ET. The H.C. Wainwright Conference is on September 14, 2022, with a corporate presentation at the same time. The company focuses on developing novel therapies for various cancers, leveraging PLK1 inhibition through their lead asset, onvansertib. More details are available on their official website.

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Cardiff Oncology, Inc. (Nasdaq: CRDF) announced the acceptance of two abstracts for poster presentations at the European Society for Medical Oncology (ESMO) Congress 2022, scheduled for September 9-13 in Paris. The presentations focus on the efficacy of onvansertib, a PLK1 inhibitor, in overcoming irinotecan resistance in KRAS-mutated metastatic colorectal cancer. The data suggest early decreases in KRAS mutant allele frequency (MAF) may predict patient response. A conference call on September 12 will discuss clinical updates and development pathways for onvansertib.

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Cardiff Oncology, Inc. (Nasdaq: CRDF) will host a webcast and conference call on September 12, 2022, at 4:30 PM ET, to discuss the development pathway for onvansertib in KRAS-mutated metastatic colorectal cancer, alongside updates on other programs. The event will include ongoing clinical trial data updates. In addition, Cardiff management will attend the Baird Global Healthcare Conference on September 13 and the H.C. Wainwright Global Investment Conference on September 14. Details of the call can be found on their website.

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Cardiff Oncology, Inc. (Nasdaq: CRDF) announced significant progress in cancer therapies, presenting promising preclinical data at AACR. Notably, onvansertib combined with olaparib showed a statistically significant survival benefit in ovarian cancer models. In metastatic castration-resistant prostate cancer (mCRPC), updated clinical results indicated increasing disease control rates with higher onvansertib doses, reaching 75% in the most intense treatment group. As of June 30, 2022, the company reported $122 million in cash, with an increase in operating expenses driven by R&D efforts and staff expansion.

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Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology firm, will participate in the William Blair Biotech Focus Conference 2022 on July 12-13, 2022, held at The St. Regis New York. The company aims to leverage its expertise in PLK1 inhibition to develop novel cancer therapies, particularly focusing on its lead asset, onvansertib, which targets treatment-resistant cancers. A pre-recorded fireside chat will be available on-demand starting July 11, 2022. For more details, visit Cardiff Oncology's website.

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Cardiff Oncology, Inc. (Nasdaq: CRDF), a biotechnology firm specializing in PLK1 inhibition for cancer therapies, will engage in a fireside chat and one-on-one meetings at the H.C. Wainwright Global Investment Conference in Miami, Florida, from May 23-26, 2022. The fireside chat is scheduled for May 24, 2022, at 5:00 PM ET. The event is a platform for the company to discuss its innovative therapies, particularly its lead asset, onvansertib, aimed at overcoming treatment resistance in various cancers. A replay will be available on their website following the event.

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Cardiff Oncology (Nasdaq: CRDF) reported promising Phase 1b/2 results for its lead KRAS-mutated metastatic colorectal cancer program, showcasing an objective response rate (ORR) of 34% compared to historical controls of 5-13%. Additionally, Phase 2 data from its metastatic castration-resistant prostate cancer trial indicated that 75% of patients on the highest dose achieved disease control. The company holds approximately $129.4 million in cash as of March 31, 2022, with increased operating expenses attributed to development efforts for onvansertib. These results position Cardiff for future growth and advancement in oncology.

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Cardiff Oncology (Nasdaq: CRDF) announced the departure of its Chief Medical Officer, Katherine L. Ruffner, M.D., effective April 22, 2022. Dr. Ruffner will assist during the transition, while Sandra L. Silberman, M.D., Ph.D., will serve as the interim senior medical advisor overseeing clinical trials. The company's clinical development efforts for its primary drug candidate, onvansertib, remain on track. CEO Mark Erlander expressed gratitude for Dr. Ruffner's contributions and optimism for the year ahead.

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Cardiff Oncology announced updated clinical data from its Phase 2 trial evaluating onvansertib combined with abiraterone and prednisone for metastatic castration-resistant prostate cancer (mCRPC). The trial shows increased disease control rates with higher dose densities of onvansertib—from 29% to 45% for PSA stabilization and 53% to 75% for radiographic stable disease. Median progression-free survival increased from 4.1 months to 13.2 months in patients receiving onvansertib. Genomic analysis suggests sensitivity to the combination treatment correlates with mutations in MTOR and PTEN.

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Cardiff Oncology (Nasdaq: CRDF) announced promising results from preclinical studies at the AACR Annual Meeting, showcasing that the combination of onvansertib and the PARP inhibitor olaparib significantly improves survival in PARPi-resistant ovarian cancer models. The studies demonstrated that this combination therapy was well tolerated and effective against various PDX models, including both BRCA1-mutant and wild-type variants. These findings support further investigation into this treatment approach for overcoming resistance to PARP inhibitors in clinical settings.

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FAQ

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

The current stock price of Cardiff Oncology (CRDF) is $4.26 as of December 20, 2024.

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

The market cap of Cardiff Oncology (CRDF) is approximately 298.7M.

What is Cardiff Oncology's primary focus?

Cardiff Oncology focuses on developing novel cancer therapies leveraging their PLK1 inhibition technology.

What is onvansertib?

Onvansertib is Cardiff Oncology's lead therapeutic asset, a highly selective PLK1 inhibitor under clinical evaluation for treating multiple cancers.

Which cancers is Cardiff Oncology targeting with onvansertib?

Cardiff Oncology is targeting RAS-mutated metastatic colorectal cancer (mCRC), metastatic pancreatic ductal adenocarcinoma (mPDAC), small cell lung cancer (SCLC), and triple-negative breast cancer (TNBC).

What are the recent clinical achievements of Cardiff Oncology?

Recent achievements include positive data from trials in mPDAC and SCLC, with notable improvements in objective response rates and progression-free survival.

What is the financial condition of Cardiff Oncology?

As of September 30, 2023, Cardiff Oncology had approximately $81.4 million in cash, cash equivalents, and short-term investments, with funding projected to sustain operations into 2025.

What are the upcoming milestones for Cardiff Oncology?

Upcoming milestones include the initiation of a first-line trial in RAS-mutated mCRC and further exploration of onvansertib's potential in various cancers.

How can investors stay updated about Cardiff Oncology?

Investors can stay updated through Cardiff Oncology's business updates, financial reports, and conference calls, detailed on their website.

What partnerships does Cardiff Oncology have?

Cardiff Oncology collaborates with institutions like the Oregon Health & Science University (OHSU) Knight Cancer Institute to advance their clinical programs.

What is the significance of PLK1 in cancer treatment?

PLK1 is a critical component for cell division, and inhibiting PLK1 can help overcome treatment resistance in cancer therapies.

Where can more information about Cardiff Oncology be found?

More information can be found on Cardiff Oncology's official website and their latest news releases.

Cardiff Oncology, Inc.

Nasdaq:CRDF

CRDF Rankings

CRDF Stock Data

298.69M
62.80M
6.6%
25.99%
15.09%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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