Edison Investment Research - Cantargia AB (CANTA) Cantargia - ASCO data do not disappoint

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Edison Investment Research

Sean Conroy

Cantargia - ASCO data do not disappoint

Cantargia has announced a package of positive data to be presented at the American Society of Clinical Oncology (ASCO) 2022 annual meeting on 3–7 June. The company reported encouraging results for its lead IL1RAP antibody, nadunolimab (CAN04), in a Phase IIa trial in non-small cell lung cancer (NSCLC, CANFOUR), a Phase I/IIa trial in first-line pancreatic cancer (PDAC, CANFOUR) and a Phase Ib trial in combination with pembrolizumab (CIRIFOUR). While all new data are interim, and therefore maturing, we see this as positive news for the company and its clinical trial program. Markets reacted positively and at the time of writing Cantargia shares were up c 20% on the news.

31/05/2022 1 EN

Underlying

Cantargia AB

Cantargia AB is a Sweden-based company engaged in development of antibody therapeutics for the treatment of leukemia. The Company is engaged in the development of a therapy for the treatment of cancer by targeting a cell-surface receptor on malignant stem cells, through the development of antibody therapeutics for eradication of malignant stem cells. Cantargia AB uses the Interleukin-1 receptor accessory protein (IL1RAP), as the target for development of a novel antibody-based therapy for leukemia.

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SE0006371126 Nasdaq Nordic Stockholm Sweden

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Sean Conroy

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Cantargia - ASCO data do not disappoint

Cantargia AB: 5 directors

Cantargia - Encouraging data for nadunolimab in CANFOUR

Cantargia - First patient treated in Phase II part of TRIFOUR

Basilea Pharmaceutica - Cresemba milestone payments continue to roll in

AAC Clyde Space - Solid start to the year with further order growth

Tinexta - Typical seasonality in Q124

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