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Calidi Biotherapeutics Presents systemic oncolytic platform with CD55-Enhanced expression and IL-15 Superagonist Payload at ASCO Annual Meeting

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Calidi Biotherapeutics (NYSE: CLDI) presented data on CLD-401, its lead RedTail platform candidate, at the ASCO Annual Meeting. The company showcased a novel genetic modification incorporating a chimeric CD55 receptor into the viral envelope, enhancing resistance to immune clearance for systemic delivery. CLD-401 features an IL-15 superagonist payload that activates NK cells and CD8+ T cells for improved antitumor immune response. This advancement represents a significant step in systemic virotherapy, enabling treatment of metastatic cancers through intravenous administration. The company plans to submit an IND application in H2 2026 and is seeking strategic partnerships to advance the RedTail platform's development.
Calidi Biotherapeutics (NYSE: CLDI) ha presentato i dati su CLD-401, il suo principale candidato della piattaforma RedTail, durante l'ASCO Annual Meeting. L'azienda ha mostrato una nuova modifica genetica che integra un recettore chimerico CD55 nell'involucro virale, migliorando la resistenza alla clearance immunitaria per la somministrazione sistemica. CLD-401 contiene un payload superagonista di IL-15 che attiva le cellule NK e i linfociti T CD8+ per potenziare la risposta immunitaria antitumorale. Questo progresso rappresenta un passo importante nella viroterapia sistemica, permettendo il trattamento dei tumori metastatici tramite somministrazione endovenosa. L'azienda prevede di presentare una domanda IND nella seconda metà del 2026 e sta cercando partnership strategiche per portare avanti lo sviluppo della piattaforma RedTail.
Calidi Biotherapeutics (NYSE: CLDI) presentó datos sobre CLD-401, su principal candidato de la plataforma RedTail, en la Reunión Anual de ASCO. La compañía mostró una novedosa modificación genética que incorpora un receptor quimérico CD55 en la envoltura viral, mejorando la resistencia a la eliminación inmune para la administración sistémica. CLD-401 cuenta con una carga útil superagonista de IL-15 que activa las células NK y los linfocitos T CD8+ para mejorar la respuesta inmune antitumoral. Este avance representa un paso significativo en la viroterapia sistémica, permitiendo el tratamiento de cánceres metastásicos mediante administración intravenosa. La empresa planea presentar una solicitud IND en la segunda mitad de 2026 y está buscando alianzas estratégicas para avanzar en el desarrollo de la plataforma RedTail.
Calidi Biotherapeutics(NYSE: CLDI)는 ASCO 연례 회의에서 RedTail 플랫폼의 대표 후보인 CLD-401에 대한 데이터를 발표했습니다. 회사는 바이러스 외피에 키메릭 CD55 수용체를 도입하는 새로운 유전자 변형을 선보여 전신 전달 시 면역 제거에 대한 저항성을 높였습니다. CLD-401은 IL-15 슈퍼아고니스트를 탑재하여 NK 세포와 CD8+ T 세포를 활성화해 항종양 면역 반응을 강화합니다. 이 발전은 전신 바이로테라피의 중요한 진전으로, 정맥 주사를 통해 전이성 암 치료를 가능하게 합니다. 회사는 2026년 하반기에 IND 신청을 계획하고 있으며, RedTail 플랫폼 개발을 위해 전략적 파트너십을 모색하고 있습니다.
Calidi Biotherapeutics (NYSE : CLDI) a présenté des données sur le CLD-401, son principal candidat de la plateforme RedTail, lors de la réunion annuelle de l'ASCO. La société a mis en avant une modification génétique innovante intégrant un récepteur chimérique CD55 dans l'enveloppe virale, renforçant la résistance à l'élimination immunitaire pour une administration systémique. Le CLD-401 contient une charge utile superagoniste IL-15 qui active les cellules NK et les lymphocytes T CD8+ pour améliorer la réponse immunitaire antitumorale. Cette avancée représente une étape majeure dans la virothérapie systémique, permettant le traitement des cancers métastatiques par administration intraveineuse. La société prévoit de soumettre une demande IND au second semestre 2026 et recherche des partenariats stratégiques pour faire progresser le développement de la plateforme RedTail.
Calidi Biotherapeutics (NYSE: CLDI) stellte auf dem ASCO-Jahrestreffen Daten zu CLD-401 vor, dem führenden Kandidaten seiner RedTail-Plattform. Das Unternehmen präsentierte eine neuartige genetische Modifikation, bei der ein chimärer CD55-Rezeptor in die virale Hülle eingebaut wird, um die Resistenz gegen immunologische Eliminierung bei systemischer Verabreichung zu erhöhen. CLD-401 enthält eine IL-15-Superagonisten-Nutzlast, die NK-Zellen und CD8+ T-Zellen aktiviert und so die antitumorale Immunantwort verbessert. Dieser Fortschritt stellt einen bedeutenden Schritt in der systemischen Virotherapie dar und ermöglicht die Behandlung metastasierter Krebserkrankungen durch intravenöse Verabreichung. Das Unternehmen plant, im zweiten Halbjahr 2026 einen IND-Antrag einzureichen und sucht strategische Partnerschaften zur Weiterentwicklung der RedTail-Plattform.
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Insights

Calidi's RedTail platform with CD55 enhancement and IL-15 payload represents significant innovation in systemic oncolytic virotherapy with IND filing targeted for 2H 2026.

Calidi's presentation at ASCO showcases important technical advances for their RedTail oncolytic virus platform. The integration of chimeric CD55 receptor into the viral envelope represents a meaningful innovation that addresses a critical challenge in systemic delivery of oncolytic viruses - immune clearance. This modification inhibits complement-mediated destruction, potentially extending circulation time and improving tumor targeting following intravenous administration.

The addition of an IL-15 superagonist payload is particularly noteworthy. IL-15 has demonstrated superior properties compared to IL-2 in expanding NK cells and CD8+ T cells without stimulating immunosuppressive regulatory T cells. This payload choice aligns with current trends in immuno-oncology that emphasize selective immune activation within the tumor microenvironment.

The company's timeline for IND submission in the second half of 2026 provides a clear development pathway, though it indicates we're still at least 1-2 years from initial human clinical trials. The mention of pursuing strategic partnerships suggests management recognizes the capital-intensive nature of clinical development and is appropriately seeking external validation and resources.

While promising, this technology remains pre-clinical, and the complex biology of systemic viral delivery presents numerous technical and regulatory hurdles. The transition from preclinical models to human studies represents a significant development milestone that will be critical for validating this approach.

SAN DIEGO, June 02, 2025 (GLOBE NEWSWIRE) -- Calidi Biotherapeutics Inc. (NYSE American: CLDI) (“Calidi”), a clinical-stage biotechnology company pioneering the development of systemic oncolytic targeted immunotherapies with the ability to deliver genetic payloads, today announced the presentation of its lead RedTail platform candidate, CLD-401, at the American Society of Clinical Oncology (ASCO) Annual Meeting.

Calidi has previously demonstrated its pioneering efforts in developing an enveloped form of its proprietary oncolytic virus that is significantly more resistant to immune clearance than non-enveloped forms, allowing for systemic delivery and efficacy in syngeneic tumor-bearing pre-clinical models. Calidi has further advanced this technology with CLD-401, its first therapeutic candidate from the RedTail platform. New data presented at the meeting demonstrate a novel genetic modification in which a chimeric CD55 receptor is incorporated into the envelope shielding the virus. Because CD55 receptor expression acts as a robust inhibitor of complement, this modification further enhances the virus’s resistance to rapid clearance by the humoral immune system following intravenous administration.

In addition, the RedTail viral platform also allows for the delivery of potent genetic payloads directly into the tumor microenvironment. CLD-401 expresses an IL-15 superagonist, a next-generation cytokine known to activate and expand natural killer (NK) cells and CD8+ T cells—key components of the immune system with demonstrated clinical efficacy.

“The integration of CD55 into our RedTail platform marks a major advancement in systemic virotherapy,” said Antonio F. Santidrian, PhD, Chief Scientific Officer and Head of Technical Operations at Calidi. “By improving the shielding of the virus from complement-mediated destruction, we enhance its stability in circulation and enable the in situ expression of immune-activating payloads—such as the IL-15 superagonist—directly within the tumor microenvironment, where they can stimulate a robust antitumor immune response.”

“RedTail is the result of over a decade of focused innovation at Calidi,” added Eric Poma, PhD, Chief Executive Officer. “Our systemic approach overcomes the limitations of traditional intratumoral oncolytic viruses and enables the treatment of metastatic cancers through intravenous administration. The use of a chimeric CD55 enhancement is a critical enabler of this vision.”

Calidi is currently conducting IND-enabling studies for CLD-401 and anticipates submitting an Investigational New Drug (IND) application in the second half of 2026. The company is also actively pursuing strategic partnerships to accelerate clinical development and broaden the impact of its RedTail platform.

A copy of the ASCO poster featuring the CD55 data is available [here].

About Calidi Biotherapeutics

Calidi Biotherapeutics (NYSE American: CLDI) is a clinical-stage immuno-oncology company pioneering the development a new generation of targeted immunotherapies. The company's proprietary Redtail platform features an engineered enveloped oncolytic virus designed for systemic delivery and targeting of metastatic sites. This advanced enveloped technology is intended to shield the virus from immune clearance, allowing virotherapy to effectively reach tumor sites, induce tumor lysis, and deliver potent gene therapies to metastatic locations.

The lead candidate from the Redtail platform, currently in IND-enabling studies, targets non-small cell lung cancer, ovarian cancer, and other tumor types with high unmet medical need. Additionally, Calidi is developing protected virotherapies, in clinical-stage, for intratumoral and localized administration, focusing on a subset of injectable cancer indications.

Calidi Biotherapeutics is headquartered in San Diego, California. For more information, please visit www.calidibio.com.

Forward-Looking Statements

This press release may contain forward-looking statements for purposes of the “safe harbor” provisions under the United States Private Securities Litigation Reform Act of 1995. Terms such as “anticipates,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predicts,” “project,” “should,” “towards,” “would” as well as similar terms, are forward-looking in nature, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements concerning upcoming key milestones (including the reporting of interim clinical results and the dosing of patients), planned clinical trials, and statements relating to the safety and efficacy of Calidi’s therapeutic candidates in development. Any forward-looking statements contained in this discussion are based on Calidi’s current expectations and beliefs concerning future developments and their potential effects and are subject to multiple risks and uncertainties that could cause actual results to differ materially and adversely from those set forth or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that Calidi is not able to raise sufficient capital to support its current and anticipated clinical trials, the risk that early results of clinical trials do not necessarily predict final results and that one or more of the clinical outcomes may materially change following more comprehensive review of the data, and as more patient data becomes available, the risk that Calidi may not receive FDA approval for some or all of its therapeutic candidates. Other risks and uncertainties are set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Registration Statements filed with the SEC on (i) Form S-4 filed on August 2, 2023 and the corresponding prospectus filed on August 4, 2023, and (ii) on Form S-1 filed on April 15, 2024, and the Company’s periodic reports filed with the SEC on Form 10-K filed on March 31, 2025 and on Form 10-Q filed on May 14, 2025. These reports may be amended or supplemented by other reports we file with the SEC from time to time.

Contacts:

For Investors and Media:
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
CLDI@redchip.com


FAQ

What is Calidi Biotherapeutics' CLD-401 and how does it work?

CLD-401 is Calidi's lead RedTail platform candidate that uses a chimeric CD55 receptor in the viral envelope to enhance immune clearance resistance, combined with an IL-15 superagonist payload to activate NK cells and CD8+ T cells for antitumor immune response.

When will Calidi Biotherapeutics (CLDI) submit the IND application for CLD-401?

Calidi Biotherapeutics plans to submit the Investigational New Drug (IND) application for CLD-401 in the second half of 2026.

What makes Calidi's RedTail platform different from traditional oncolytic viruses?

The RedTail platform enables systemic delivery through intravenous administration, overcoming limitations of traditional intratumoral oncolytic viruses, and can deliver genetic payloads directly to the tumor microenvironment.

What is the significance of the CD55 enhancement in CLDI's technology?

The CD55 enhancement improves the virus's resistance to complement-mediated destruction, increasing its stability in circulation and enabling better delivery of immune-activating payloads to the tumor microenvironment.

What are Calidi Biotherapeutics' (CLDI) current development plans for CLD-401?

Calidi is conducting IND-enabling studies for CLD-401 and seeking strategic partnerships to accelerate clinical development and expand the impact of its RedTail platform.
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