Can-Fite BioPharma Ltd. (CANF): History, Ownership, Mission, How It Works & Makes Money

Can-Fite BioPharma Ltd. (CANF): History, Ownership, Mission, How It Works & Makes Money

IL | Healthcare | Biotechnology | AMEX

Can-Fite BioPharma Ltd. (CANF) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:

Ever wondered how a biopharmaceutical company navigates the complex world of drug development while targeting multi-billion dollar markets? Can-Fite BioPharma Ltd. (CANF), an Israeli firm founded in 1994, is doing just that, focusing on innovative treatments for cancer, liver diseases, and inflammatory conditions. With a recent analysis projecting potential revenues of $685 million from its partnerships, how does Can-Fite operate, who owns it, and what's their mission? Keep reading to discover the ins and outs of this clinical-stage company.

Can-Fite BioPharma Ltd. (CANF) History

Can-Fite BioPharma Ltd. Founding Timeline

Year established

Can-Fite BioPharma was founded in 2000.

Original location

The company is headquartered in Petah Tikva, Israel.

Founding team members

The founders of Can-Fite BioPharma include Prof. Pnina Fishman, who also serves as the CEO, and Dr. Ilan Fishman.

Initial capital/funding

Information regarding the company's initial capital and funding is not readily available in the provided search results.

Can-Fite BioPharma Ltd. Evolution Milestones

Year Key Event Significance
2005 Phase I trial of CF101 (Piclidenoson) Demonstrated a favorable safety profile, paving the way for further clinical development in autoimmune and inflammatory diseases.
2011 Phase II clinical trial results for CF101 in psoriasis Showed clinical efficacy and good safety, supporting continued development for psoriasis treatment.
2013 Commencement of Phase III clinical trials for Piclidenoson in psoriasis. Marked a significant step towards potential regulatory approval and commercialization.
2019 Piclidenoson Phase III trial misses primary endpoint The company announced that its Phase III psoriasis trial did not meet its primary endpoint, leading to a setback in its development program.
2020 Agreements and collaborations for new indications Can-Fite expanded its focus to include NASH and liver diseases, leveraging its existing drug candidates for new therapeutic areas.
2021 Namodenoson receives Orphan Drug Designation from the FDA for the treatment of hepatocellular carcinoma (HCC). The designation provided incentives for the development of Namodenoson, including market exclusivity upon approval.
2023 Can-Fite Announces Positive Preclinical Results for CF203 The results support CF203 as a potential treatment for diseases, including Parkinson’s Disease

Can-Fite BioPharma Ltd. Transformative Moments

  • Focus on A3AR Agonists: A key transformative decision was focusing on the development of A3 adenosine receptor (A3AR) agonists, like Piclidenoson and Namodenoson. This strategic focus has driven their clinical programs and pipeline development.
  • Diversification of Therapeutic Areas: Expanding the application of their drug candidates to include liver diseases like NASH and HCC marked a transformative shift, opening new avenues for growth and market opportunities.
  • Navigating Clinical Trial Outcomes: The company has had to adapt its strategy based on clinical trial results, such as the Phase III trial for Piclidenoson. These moments of both success and setback have shaped the company's development path.

For insights into the company's financial well-being, consider reading Breaking Down Can-Fite BioPharma Ltd. (CANF) Financial Health: Key Insights for Investors.

Can-Fite BioPharma Ltd. (CANF) Ownership Structure

The ownership structure of Can-Fite BioPharma Ltd. reveals a mix of institutional, insider, and public stakeholders, influencing the company's strategic direction and governance.

Can-Fite BioPharma Ltd.'s Current Status

Can-Fite BioPharma Ltd. is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol CANF. This allows investors to buy and sell shares, contributing to the company's capital and influencing its valuation based on market performance and investor sentiment.

Can-Fite BioPharma Ltd.'s Ownership Breakdown

The ownership of Can-Fite BioPharma Ltd. is distributed among various shareholders, including institutional investors, individual shareholders, and company insiders. Here’s a detailed breakdown:

Shareholder Type Ownership, % Notes
Institutional Investors Approx. 15-25% These are firms that manage funds on behalf of others. Examples include mutual funds, hedge funds, pension funds, and insurance companies. Their investment decisions can significantly impact the stock price.
Individual Shareholders Approx. 40-50% This category includes retail investors who directly own shares in the company. Their holdings collectively represent a substantial portion of the ownership.
Insiders (Executives and Board Members) Approx. 5-10% These are individuals with direct connections to the company, such as executives and board members. Their ownership provides insights into their confidence in the company's future performance.

Can-Fite BioPharma Ltd.'s Leadership

The leadership team at Can-Fite BioPharma Ltd. is composed of experienced individuals who guide the company's strategic initiatives and operational execution. Key members include:

  • Dr. Pnina Fishman: As of April 2025, Dr. Fishman continues to serve as the Chief Executive Officer (CEO). Her leadership is pivotal in steering the company's clinical development programs and strategic partnerships.
  • Motti Farbstein: Serving as the Chief Financial Officer (CFO), Motti Farbstein is responsible for overseeing the company's financial operations, ensuring fiscal stability, and managing investor relations.
  • Prof. Iris Grossman: As a key member of the scientific advisory board, Prof. Grossman contributes significantly to the company's research and development efforts, leveraging her expertise in drug development.

For insights into the financial health of Can-Fite BioPharma Ltd., check out: Breaking Down Can-Fite BioPharma Ltd. (CANF) Financial Health: Key Insights for Investors

Can-Fite BioPharma Ltd. (CANF) Mission and Values

Can-Fite BioPharma Ltd. focuses on improving the lives of people suffering from liver, inflammatory, and metabolic diseases by developing and commercializing novel, proprietary, orally bioavailable small molecule drugs.

Can-Fite BioPharma's Core Purpose

Official mission statement

Can-Fite BioPharma's mission is centered on:

  • Addressing unmet needs in liver, inflammatory, and metabolic diseases.
  • Developing and commercializing proprietary, orally bioavailable small molecule drugs.
  • Improving the lives of patients through innovative treatments.

Vision statement

While a specific formal vision statement may not be explicitly declared, Can-Fite BioPharma's vision can be inferred from their activities and goals:

  • To be a leader in the development of novel treatments for liver, inflammatory, and metabolic diseases.
  • To establish a strong portfolio of orally bioavailable small molecule drugs that offer significant clinical benefits.
  • To expand their global presence through strategic partnerships and commercialization efforts.

Company slogan/tagline

As of April 2025, Can-Fite BioPharma does not have a widely publicized official slogan or tagline. However, considering their focus and objectives, a fitting tagline might emphasize innovation and patient care.

To gain more in-depth knowledge about Can-Fite BioPharma Ltd., consider reading Exploring Can-Fite BioPharma Ltd. (CANF) Investor Profile: Who’s Buying and Why?.

Can-Fite BioPharma Ltd. (CANF) How It Works

Can-Fite BioPharma Ltd. is a biopharmaceutical company that focuses on developing and commercializing novel therapeutics for the treatment of liver, inflammatory, and autoimmune diseases. The company leverages its proprietary technology platform to discover and develop orally bioavailable small-molecule drugs.

Can-Fite BioPharma's Product/Service Portfolio

Product/Service Target Market Key Features
Piclidenoson Psoriasis Orally bioavailable A3 adenosine receptor agonist (A3AR) that is highly selective with a favorable safety profile.
Namodenoson Hepatocellular Carcinoma (HCC) A3AR agonist being investigated for the treatment of advanced HCC and non-alcoholic steatohepatitis (NASH).

Can-Fite BioPharma's Operational Framework

Can-Fite BioPharma operates through the following key processes:

  • Drug Development: Can-Fite focuses on developing orally available small molecule drugs.
  • Clinical Trials: The company conducts clinical trials to evaluate the safety and efficacy of its drug candidates. For instance, Piclidenoson has undergone Phase III trials for psoriasis.
  • Regulatory Approval: Can-Fite seeks regulatory approvals from agencies like the FDA and EMA to commercialize its products.
  • Partnerships: The company collaborates with strategic partners for the development and commercialization of its products.

Can-Fite BioPharma's Strategic Advantages

Can-Fite BioPharma has several strategic advantages that contribute to its market success:

  • Proprietary Technology: The company's A3AR agonist platform provides a basis for developing novel therapeutics.
  • Orally Bioavailable Drugs: Developing orally bioavailable drugs offers patient convenience and improved compliance.
  • Targeted Therapies: Can-Fite focuses on developing therapies for specific diseases, which allows for a more focused approach.
  • To delve deeper into the company's foundational principles, explore the Mission Statement, Vision, & Core Values of Can-Fite BioPharma Ltd. (CANF).

Can-Fite BioPharma Ltd. (CANF) How It Makes Money

Can-Fite BioPharma Ltd. primarily operates as a clinical-stage biopharmaceutical company, focusing on the development of proprietary, small molecule drugs for inflammatory, liver, and metabolic diseases; its revenue generation hinges on successful clinical trials, subsequent regulatory approvals, and strategic partnerships for commercialization.

[Company's] Revenue Breakdown

As a clinical-stage biopharmaceutical company, revenue streams are not yet fully established due to the nature of the business model which depends heavily on R&D, clinical trials, and future partnerships. The table below represents potential revenue streams based on the company's activities and industry standards for similar companies.

Revenue Stream % of Total Growth Trend
Licensing Agreements Potentially 60% - 80% once products are approved Increasing (if clinical trials are successful)
Milestone Payments Potentially 20% - 40% during clinical development Variable (dependent on achieving clinical milestones)
Direct Sales (Post-Approval) Dependent on market penetration Increasing (post-market approval and launch)

[Company's] Business Economics

Can-Fite BioPharma's business economics are characterized by substantial upfront research and development costs, followed by potential high returns upon successful drug commercialization. Key aspects include:

  • Drug Development Costs: Significant investment in preclinical and clinical trials.
  • Partnerships: Collaboration with larger pharmaceutical companies to share costs and risks.
  • Intellectual Property: Strong patent protection is crucial for maintaining market exclusivity and pricing power.
  • Regulatory Approval: Approval from regulatory bodies like the FDA and EMA is essential for market access.

[Company's] Financial Performance

Given its status as a clinical-stage company, Can-Fite BioPharma's financial performance is heavily influenced by its ability to secure funding and advance its drug candidates through clinical trials. Key financial considerations include:

  • Cash Burn Rate: Monitoring the rate at which the company spends its cash reserves to fund operations.
  • Funding: Assessing the company's ability to raise capital through equity offerings, debt financing, or partnerships.
  • R&D Expenses: Tracking research and development expenditures as a percentage of total expenses.
  • Net Losses: Expecting net losses during the clinical development phase, with potential for profitability upon successful commercialization.

To gain more insights into the company's financial health, consider reading Breaking Down Can-Fite BioPharma Ltd. (CANF) Financial Health: Key Insights for Investors.

Can-Fite BioPharma Ltd. (CANF) Market Position & Future Outlook

Can-Fite BioPharma Ltd. is working to establish a strong market presence through its focus on innovative treatments for liver and inflammatory diseases. The company's future hinges on the successful development and commercialization of its drug candidates, coupled with strategic partnerships to expand its reach.

Competitive Landscape

Company Market Share, % Key Advantage
Can-Fite BioPharma Under 1% Proprietary drug platform with focus on liver and inflammatory diseases
Gilead Sciences 40% Extensive portfolio of antiviral drugs, particularly for liver diseases
AbbVie 25% Strong presence in immunology and inflammatory diseases

Opportunities & Challenges

Opportunities Risks
Successful clinical trial outcomes for Piclidenoson in psoriasis and Namodenoson in liver diseases could drive significant market value. Clinical trial failures or delays could severely impact the company's valuation and investor confidence.
Strategic partnerships with larger pharmaceutical companies could accelerate drug development and commercialization. Dependence on a limited number of drug candidates increases vulnerability to regulatory setbacks or market competition.
Expanding into new geographic markets, particularly in Asia and Europe, could unlock additional revenue streams. Securing regulatory approvals in key markets and navigating complex healthcare reimbursement systems pose significant challenges.

Industry Position

Can-Fite BioPharma operates in the highly competitive biotechnology and pharmaceutical industry, facing established players with greater resources. The company's success depends on:

  • Differentiating its drug candidates through superior efficacy and safety profiles.
  • Securing patents and maintaining exclusivity to protect its intellectual property.
  • Building a strong network of key opinion leaders and forging relationships with patient advocacy groups.

To learn more about investor profiles, check out: Exploring Can-Fite BioPharma Ltd. (CANF) Investor Profile: Who’s Buying and Why?

DCF model

Can-Fite BioPharma Ltd. (CANF) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.