Biotech & Pharma

Candel glows brighter with $100M RTW royalty deal to fund prostate cancer drug's launch

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Candel Therapeutics secured a $100M royalty deal with RTW Investments to fund the U.S. market entry of its prostate cancer drug, expected for approval this year. This financial backing is crucial for Candel's commercialization efforts and highlights the investment community's interest in innovative oncology treatments. Content creators should note the growing importance of highlighting such significant funding milestones that can influence a biotech companyG??s trajectory and investor interest.

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