Can-Fite BioPharma Flags Delay In Piclidenoson Data Readout From Psoriasis Study


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Citing unanticipated delay in the collection of study data, Can-Fite BioPharma Ltd (NYSE:CANF) said that the topline data from its Phase 3 Comfort study of Piclidenoson in severe plaque psoriasis would be released in Q2 2022

  • Earlier, the data were anticipated in Q1 of 2022.
  • The study enrolled more than 400 patients across 30 sites in Europe, Israel, and Canada.
  • Piclidenoson is an A3 adenosine receptor agonist (A3AR) small molecule that inhibits interleukin-17 and interleukin-23, both pivotal for the formation of skin lesions. 
  • Piclidenoson has also recently been shown to induce the death of pathological skin cells.
  • The Comfort study's primary endpoint is the proportion of patients who achieve a PASI score response of ≥75% (PASI 75) vs. placebo at week 16. Secondary endpoints include non-inferiority to Amgen Inc's (NASDAQ:AMGN) Otezla (apremilast).
  • Also See: Can-Fite Shares Rally As Namodenoson Clears All Cancer Lesions In Liver Cancer Patient.
  • Price Action: CANF shares are down 7.21% at $1.03 during the premarket session on the last check Tuesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: BiotechNewsPenny StocksHealth CareMoversTrading IdeasGeneralBriefsPhase 3 TrialPsoriasis