Tech Company Inital Public Offerings
Candel Therapeutics IPO
On 7/29/2021, Candel Therapeutics completed its IPO
Transaction Overview
Company Name
Announced On
7/29/2021
Transaction Type
IPO
Amount
$72,000,000
Proceeds Purpose
The company said in its S1 filing that the proceeds will fund phase 3 trials for its lead oncolytic virus. About $2.7 million will fund patient enrollment in a brain cancer trial and about $3.7 million will support a phase 3 study in patients with newly diagnosed prostate cancer who are at intermediate or high risk of their disease progressing.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
117 Kendrick St. 450
Needham, MA 02494
USA
Needham, MA 02494
USA
Phone
Website
Email Address
Overview
Candel Therapeutics is a Massachusetts based biotechnology company developing our proprietary immuno-oncology platforms, including they are Gene Mediated Cytotoxic Immunotherapy (GMCI�) platform and our rQNestin34.5 platform for the treatment of solid tumors.
Management Team
Title
Name
Email & Social
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