Candel Therapeutics Secures $100M Royalty Funding Agreement With RTW Investments

Reuters

Feb 20

Candel <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Secures $100M Royalty Funding Agreement With RTW Investments

Candel Therapeutics Inc. entered a $100 million royalty funding agreement with funds managed by RTW Investments, LP to support a potential U.S. launch of its prostate cancer therapy CAN-2409. The non-dilutive funding becomes available upon FDA approval and other customary conditions, and RTW will receive a capped, tiered single-digit royalty on annual U.S. net sales of the product.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Candel Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657984-en) on February 19, 2026, and is solely responsible for the information contained therein.

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ID: GNW9657984-en) on February 19, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314104364.USD","symbol_name":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260219:nNDL40R3vb:1","article_id":"2612223881","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612223881","pubTimestamp":1771534881,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Candel Therapeutics Inc. entered a $100 million royalty funding agreement with funds managed by RTW Investments, LP to support a potential U.S. launch of its prostate cancer therapy CAN-2409. 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The non-dilutive funding becomes available upon FDA approval and other customary conditions, and RTW will receive a capped, tiered single-digit royalty on annual U.S. net sales of the product.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Candel Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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