CRDF Cardiff Oncology, Inc.

BULLISH Impact: 7/10 8-K
Horizon weeks Filed Jun 3, 2026 Processed 2d 7h ago SEC 0001193125-26-254658
8-K context-dependent: Items 7.01

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Executive Summary

Cardiff Oncology released an investor presentation detailing interim Phase 2 CRDF-004 data for onvansertib in first-line RAS-mutated metastatic colorectal cancer. The 30 mg dose combined with FOLFIRI/bevacizumab showed a 72.2% objective response rate (vs 42.1% for FOLFIRI/bev alone) and median PFS not yet reached vs 12.2 months in the control arm. The company has aligned with the FDA on a registrational Phase 3 trial design targeting accelerated approval via ORR.

Actionable Insight

The 72% ORR and durable PFS signal in a hard-to-treat RAS-mutated mCRC population, combined with FDA alignment on a registrational path, represent a major catalyst. Monitor for initiation of the Phase 3 CRDF-005 trial and any partnership or financing announcements to fund the ~640-patient study.

Key Facts

  • Phase 2 CRDF-004 trial: 30 mg onvansertib + FOLFIRI/bev achieved 72.2% ORR (13/18) vs 42.1% (8/19) for FOLFIRI/bev alone — a 30% improvement.
  • Median PFS not yet reached for onvansertib 30 mg + FOLFIRI/bev vs 12.22 months (investigator-assessed) for FOLFIRI/bev; HR 0.57 (0.2, 1.65).
  • 9 of 14 patients remaining on study treatment are on onvansertib + FOLFIRI/bev; some patients on treatment for >18 months.
  • FDA End-of-Phase 2 meeting completed in Q2 2026; registrational Phase 3 trial (CRDF-005) designed with dual primary endpoints of ORR and PFS, ~640 patients, >90% power.
  • No unexpected or overlapping toxicities; safety profile consistent with background therapy.
  • Onvansertib showed no consistent meaningful benefit when combined with FOLFOX/bev (ORR 47.4% vs 44.4% for FOLFOX/bev alone).

Financial Impact

No financial data reported; clinical-stage biotech with no revenue. The positive Phase 2 data and FDA alignment for a registrational trial significantly de-risk the development path for onvansertib in a large underserved market (~150,000 newly diagnosed CRC patients/year in U.S., 20% metastatic).

Risk Factors

  • Phase 3 trial may fail to replicate Phase 2 results in a larger, more diverse population.
  • Onvansertib only showed synergy with FOLFIRI/bev, not FOLFOX/bev, limiting the addressable patient subset.
  • Company will need significant additional capital to fund the registrational trial; dilution risk exists.
  • Pending litigation with Nerviano Medical Sciences S.r.l. regarding the license agreement could create overhang.

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
86% bullish (14 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-254658
Document: crdf-ex99_1.htm0001193125-26-254658
Document: 0001193125-26-254658-index-headers.html0001193125-26-254658
Document: 0001193125-26-254658-index.html0001193125-26-254658
Document: 0001193125-26-254658.txt0001193125-26-254658
10 reports for CRDF
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+5▲ +3.66%Feb 24, 2026
Filters
Rows
Reports for CRDF — sortable, filterable
Type Now
Jun 3, 2026
2d ago
8-K
BULLISH ★ 7/10
$1.40 awaiting T+1awaiting T+1$1.52 (+8.57%)
Jun 2, 2026
3d ago
Press Release
BULLISH ★ 8/10
$1.51 $1.40▼ −7.28%▼ −6.59%$1.52 (+0.66%)
May 29, 2026
6d ago
8-K
BEARISH ★ 8/10
awaiting T+1
May 21, 2026
14d ago
Press Release
NEUTRAL ★ 4/10
awaiting T+1
May 19, 2026
16d ago
8-K
BEARISH ★ 5/10
awaiting T+1
May 14, 2026
21d ago
8-K
BULLISH ★ 7/10
awaiting T+1
Apr 17, 2026
6w ago
Press Release
BULLISH ★ 7/10
$1.78 $1.65▼ −7.30%▼ −6.65%$1.52 (−14.61%)
Mar 19, 2026
11w ago
Press Release
MIXED ★ 5/10
$1.82 $1.80▼ −1.10%▲ +0.64%$1.52 (−16.48%)
Feb 25, 2026
14w ago
8-K
BULLISH ★ 8/10
$1.91 $1.96▲ +2.62%▲ +3.16%$1.52 (−20.42%)
Feb 24, 2026
14w ago
8-K
BULLISH ★ 8/10
$1.91 $1.96▲ +2.62%▲ +3.16%$1.52 (−20.42%)
Showing 10 of 10

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