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CANF Stock Soars 20% on Positive Mid-Stage Pancreatic Cancer Data
Can-Fite BioPharma (CANF) shares surged 20.4% after reporting positive top-line results from a mid-stage study of namodenoson in patients with advanced pancreatic cancer. The study met its primary safety endpoint, showing strong tolerability, and survival monitoring is ongoing with one-third of enrolled patients still alive at the data cut-off. Namodenoson also holds the FDA’s Orphan Drug designation for pancreatic cancer and is being evaluated for other indications like liver cancer and metabolic-associated steatohepatitis.