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FDA backs CAD-1005 Phase 3 HIT trial path at Cadrenal (NASDAQ: CVKD)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Cadrenal Therapeutics announced that it successfully completed its End-of-Phase 2 meeting with the FDA and received guidance for a pivotal Phase 3 trial of CAD-1005 in heparin-induced thrombocytopenia (HIT). Phase 2 data showed a greater than 25% absolute reduction in thrombotic events when CAD-1005 was added to standard anticoagulant therapy.

The company plans a randomized, blinded, placebo-controlled Phase 3 study in approximately 120 HIT patients across up to 50 clinical centers worldwide, with treatment for up to 14 days during hospitalization. The trial is intended to support a projected NDA submission in 2029.

Positive

  • Regulatory inflection point for CAD-1005: Successful End-of-Phase 2 FDA meeting with clear guidance for a randomized, blinded, placebo-controlled Phase 3 registration trial in HIT, intended to support a projected NDA submission in 2029.

Negative

  • None.

Insights

FDA End-of-Phase 2 guidance sets a defined pivotal Phase 3 path for CAD-1005 in HIT.

Cadrenal Therapeutics reports a major regulatory milestone: a successful End-of-Phase 2 meeting with the FDA for CAD-1005, its first-in-class 12-LOX inhibitor for heparin-induced thrombocytopenia. The agency provided detailed input on protocol design, population, dosing, background therapy, safety database and the primary thrombotic endpoint.

Phase 2 results showed a greater than 25% absolute reduction in thrombotic events when CAD-1005 was added to standard anticoagulant therapy, which supports moving directly into a pivotal trial. The planned Phase 3 will randomize about 120 patients across up to 50 global centers, with standard-of-care anticoagulation plus CAD-1005 or placebo.

The study is intended to underpin a projected NDA submission in 2029, and would be the first randomized, blinded, placebo-controlled registration trial in HIT. CAD-1005 already has Orphan Drug and Fast Track designations, which can facilitate development. Actual impact will depend on Phase 3 execution, funding, and whether the thrombotic benefit and safety profile are confirmed at scale.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Phase 2 thrombotic event reduction greater than 25% absolute reduction Thrombotic events when CAD-1005 was added to standard anticoagulant therapy
Planned Phase 3 enrollment approximately 120 patients Pivotal randomized, blinded, placebo-controlled HIT trial
Planned Phase 3 sites up to 50 clinical centers Global sites for pivotal CAD-1005 HIT study
Treatment duration up to 14 days In-hospital treatment period in planned Phase 3 HIT trial
Projected NDA timing 2029 Pivotal Phase 3 study intended to support NDA submission
Annual U.S. heparin patients more than 12 million patients Heparin use in the United States each year
HIT mortality rate exceeding 20% Mortality rates for HIT in some studies
End-of-Phase 2 (EOP2) meeting regulatory
"announced a major regulatory milestone after successfully completing its End-of-Phase 2 (EOP2) meeting"
An end-of-phase 2 (EoP2) meeting is a formal discussion between a drug developer and regulators to review mid-stage clinical results and agree on the design, size and success measures of the pivotal Phase 3 trials needed for approval. For investors, the meeting is like a road-test report with a traffic plan: a favorable outcome reduces uncertainty about whether the program can reach approval, shortens timelines and clarifies likely costs and risks.
12-lipoxygenase (12-LOX) inhibitor medical
"CAD-1005, the Company’s investigational first-in-class 12-lipoxygenase (12-LOX) inhibitor for heparin-induced thrombocytopenia"
A 12-lipoxygenase (12-LOX) inhibitor is a drug that blocks the action of the 12-LOX enzyme, which helps produce molecules that drive inflammation, blood‑clotting and certain disease processes. For investors, these inhibitors matter because they represent a targeted therapy approach—like stopping a single machine on a factory line to reduce harmful output—potentially treating conditions such as inflammatory diseases, clotting disorders or some cancers, and therefore carrying clinical, regulatory and commercial value if proven safe and effective.
heparin-induced thrombocytopenia (HIT) medical
"CAD-1005 in Heparin-Induced Thrombocytopenia (HIT) FDA provided critical guidance"
Heparin-induced thrombocytopenia (HIT) is a serious immune reaction to the blood thinner heparin where the body mistakenly attacks platelets, causing their count to fall while paradoxically increasing the risk of dangerous clots; think of it as a friendly-fire response that both reduces clot-control cells and sparks unwanted clots. For investors, HIT matters because it can change demand for safer alternatives, trigger product warnings or sales restrictions, increase treatment costs, and raise regulatory and legal risks for drugmakers and hospitals.
Orphan Drug Designation (ODD) regulatory
"CAD-1005 has received Orphan Drug Designation (ODD) and Fast Track designation from the U.S."
Orphan drug designation (ODD) is a regulatory status granted to a medicine intended to treat a rare disease or condition, giving the developer special incentives such as reduced fees, development support, and a period of exclusive market rights. For investors, ODD signals that a product may face less competition, enjoy stronger pricing power, and benefit from lower development costs and regulatory help—similar to receiving a temporary protected license to serve a small but underserved market.
Fast Track designation regulatory
"CAD-1005 has received Orphan Drug Designation (ODD) and Fast Track designation from the U.S."
A "fast track designation" is a process that speeds up the review and approval of a product or project, allowing it to reach the market or be completed more quickly than usual. For investors, it can signal that a product may become available sooner, potentially leading to earlier revenue or benefits, and indicating a priority status that might influence company performance and market opportunities.
Serotonin Release Assay (SRA) medical
"incidence of new or worsening thrombotic events in patients with Serotonin Release Assay (SRA)-confirmed HIT"
A serotonin release assay (SRA) is a specialized laboratory test that detects whether a patient’s blood contains antibodies that activate platelets to release serotonin, a sign of a dangerous immune reaction often associated with certain anticoagulant drugs. For investors, an SRA result can influence clinical use, regulatory decisions, product labeling, and liability — like a smoke detector confirming a real fire versus a false alarm, it helps determine whether a safety concern is genuine and requires action.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): April 30, 2026

 

Cadrenal Therapeutics, Inc.

(Exact name of registrant as specified in charter)

 

Delaware   001-41596   88-0860746
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

822 A1A North, Suite 306

Ponte Vedra, Florida 32082

(Address of principal executive offices and zip code)

 

(904) 300-0701

(Registrant’s telephone number including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbols   Name of each exchange on which registered
Common Stock, par value $0.001 per share   CVKD  

The Nasdaq Stock Market LLC

(Nasdaq Capital Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On April 30, 2026, Cadrenal Therapeutics, Inc. (the “Company”) issued a press release announcing the completion of its End-of-Phase 2 meeting with the U.S. Food and Drug Administration (“FDA”) and the receipt of guidance on key elements of the Phase 3 pivotal trial for CAD-1005, the Company’s investigational first-in-class 12-lipoxygenase (“12-LOX”) inhibitor for heparin-induced thrombocytopenia (“HIT”). A copy of the press release is furnished herewith as Exhibit 99.1.

 

The information in this Item 7.01 and in the press release furnished as Exhibit 99.1 to this Current Report on Form 8-K shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, and shall not be incorporated by reference into any filing with the Securities and Exchange Commission (the “SEC”) made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 8.01. Other Events.

 

On April 30, 2026, the Company issued a press release announcing the completion of its End-of-Phase 2 meeting with the FDA and the receipt of guidance on key elements of the Phase 3 pivotal trial for CAD-1005, the Company’s investigational first-in-class 12-LOX inhibitor for HIT.

 

The meeting with the FDA provided critical guidance on protocol design, study population, dosing, background therapy, exposure, the safety database, and the primary endpoint of new or worsening thrombotic events. After considering FDA feedback on a pivotal registration study, the Company plans to advance directly to a randomized, blinded, placebo-controlled Phase 3 study evaluating CAD-1005 added to the current standard of care for patients with HIT. The planned pivotal Phase 3 study - the first randomized, blinded, placebo-controlled registration trial in HIT – will evaluate CAD-1005 in approximately 120 patients across up to 50 clinical centers worldwide and is intended to support a projected NDA submission in 2029.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

The following exhibits are furnished with this Current Report on Form 8-K:

 

Exhibit
Number
  Exhibit Description
99.1   Press Release, issued by Cadrenal Therapeutics, Inc. on April 30, 2026
104   Cover Page Interactive Data File (the cover page XBRL tags are embedded within in the inline XBRL document)

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: April 30, 2026 CADRENAL THERAPEUTICS, INC.
   
  By: /s/ Quang X. Pham            
  Name:  Quang X. Pham
  Title: Chairman and Chief Executive Officer

 

 

2

 

Exhibit 99.1

 

Cadrenal Therapeutics Announces End-of-Phase 2 Meeting with the FDA and Pivotal Phase 3 Registration Path for CAD-1005 in Heparin-Induced Thrombocytopenia (HIT)

 

FDA provided critical guidance for the advancement of CAD-1005 to pivotal Phase 3 in HIT

 

Phase 2 data showed a greater than 25% absolute reduction in thrombotic events when CAD-1005 was added to standard anticoagulant therapy

 

PONTE VEDRA, FL — April 30, 2026 — Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing innovative treatments for life-threatening immune and thrombotic conditions, today announced a major regulatory milestone after successfully completing its End-of-Phase 2 (EOP2) meeting with the U.S. Food and Drug Administration (FDA) and receiving guidance on key elements of the Phase 3 pivotal trial for CAD-1005, the Company’s investigational first-in-class 12-lipoxygenase (12-LOX) inhibitor for heparin-induced thrombocytopenia (HIT). 

 

The meeting with the FDA provided critical guidance on protocol design, study population, dosing, background therapy, exposure, the safety database, and the primary endpoint of new or worsening thrombotic events. After considering FDA feedback on a pivotal registration study, Cadrenal plans to advance directly to a randomized, blinded, placebo-controlled Phase 3 study evaluating CAD-1005 added to the current standard of care for patients with HIT.

 

“This successful EOP2 meeting marks an important regulatory milestone for Cadrenal and our CAD-1005 program,” said Quang X. Pham, Chairman and Chief Executive Officer of Cadrenal Therapeutics. “Building on our Phase 2 experience with CAD-1005 in HIT and now with FDA guidance for Phase 3, Cadrenal is positioned to pursue a pivotal trial for the first new therapy for HIT in more than two decades.”

 

Planned Phase 3 HIT Trial Design

 

Cadrenal’s planned pivotal Phase 3 study - the first randomized, blinded, placebo-controlled registration trial in HIT – will evaluate CAD-1005 in approximately 120 patients across up to 50 clinical centers worldwide and is intended to support a projected NDA submission in 2029. Patients with suspected HIT will be randomized to CAD-1005 or placebo while receiving standard-of-care anticoagulant therapy and treated for up to 14 days during hospitalization. The primary endpoint – centrally adjudicated - is the incidence of new or worsening thrombotic events in patients with Serotonin Release Assay (SRA)-confirmed HIT, with at least one planned interim analysis.

 

“CAD-1005 is being investigated for the treatment of immune-mediated thrombocytopenia by targeting the underlying pathophysiologic mechanisms that current therapies do not,” said James Ferguson, M.D., Chief Medical Officer of Cadrenal Therapeutics. “Interrupting the vicious cycle of platelet activation in HIT with CAD-1005 could be an important addition to our therapeutic armamentarium for this devastating condition.”

 

 

 

About Heparin-Induced Thrombocytopenia (HIT)

 

Heparin is the most widely used in-hospital anticoagulant, with more than 12 million patients receiving it in the United States each year. Heparin-induced thrombocytopenia (HIT) is a potentially life-threatening immune-mediated complication of heparin administration that occurs when antibodies to heparin activate platelets, leading to clots throughout the circulatory system, markedly lowering platelet counts, and increasing the risk of bleeding. Complications of HIT include deep vein thrombosis, pulmonary embolism, stroke, myocardial infarction, amputation, and death, with mortality rates for HIT exceeding 20% in some studies. CAD-1005 is the only treatment in clinical development that targets the underlying immune drivers of HIT.

 

About CAD-1005

 

CAD-1005 is an investigational therapy under evaluation for the treatment of suspected HIT. CAD-1005 is designed to selectively inhibit 12-LOX, a pathway integral to the primary immune mechanisms that drive HIT. Unlike existing therapies for HIT, which are directed only at preventing thrombotic complications, this approach targets the primary underlying cause of HIT. CAD-1005 has received Orphan Drug Designation (ODD) and Fast Track designation from the U.S. Food and Drug Administration, as well as orphan drug status from the European Medicines Agency.

 

About Cadrenal Therapeutics, Inc.

 

Cadrenal Therapeutics, Inc. (Nasdaq: CVKD) is a late-stage biopharmaceutical company advancing novel therapies for life-threatening immune and thrombotic conditions. Its lead program, CAD-1005, is a first-in-class 12-LOX inhibitor for treating heparin-induced thrombocytopenia (HIT), a deadly immune-mediated thrombotic disorder. CAD-1005 has received Orphan Drug and Fast Track designations from the U.S. Food and Drug Administration and orphan drug status from the European Medicines Agency. Second-generation 12-LOX oral therapeutics are also in development for chronic indications.

 

The Company’s broader pipeline includes tecarfarin, a late-stage oral vitamin K antagonist designed to prevent heart attacks, strokes, and deaths from blood clots in patients requiring chronic anticoagulation, including those with end-stage kidney disease and left ventricular assist devices, and frunexian, a parenteral Factor XIa inhibitor intended for use in acute hospital settings.

 

For more information, visit https://www.cadrenal.com/ and connect with the Company on LinkedIn.

 

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Safe Harbor

 

Any statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include, without limitation, statements regarding Cadrenal’s plans to advance to a pivotal Phase 3 in HIT; plans to advance directly to a randomized, blinded, placebo-controlled Phase 3 study evaluating CAD-1005 added to the current standard of care for patients with HIT; Cadrenal being positioned to pursue a pivotal trial for the first new therapy for HIT in more than two decades; the planned pivotal Phase 3 study evaluating CAD-1005 in approximately 120 patients across up to 50 clinical centers worldwide and being intended to support a projected NDA submission in 2029; the protocol design including patients with suspected HIT being randomized to CAD-1005 or placebo while receiving standard-of-care anticoagulant therapy and treated for up to 14 days during hospitalization with the primary endpoint – centrally adjudicated – being the incidence of new or worsening thrombotic events in patients with Serotonin Release Assay (SRA)-confirmed HIT, with at least one planned interim analysis; and interrupting the vicious cycle of platelet activation in HIT with CAD-1005 being an important addition to our therapeutic armamentarium for this devastating condition. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability to continue to progress CAD-1005; the ability to successfully plan a pivotal Phase 3 study; the ability to successfully plan and conduct a randomized, blinded, placebo-controlled Phase 3 study evaluating CAD-1005 added to the current standard of care for patients with HIT; the ability of the Company’s planned Phase 3 pivotal trial to support a projected NDA in 2029; the ability to interrupt the vicious cycle of platelet activation in HIT with CAD-1005; the Company’s ability to raise sufficient funding to commence and complete its planned Phase 3 trial, and the other risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and the Company’s subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

For more information, please contact:

Lytham Partners, LLC

Robert Blum, Managing Partner

602-889-9700

CVKD@lythampartners.com

 

 

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FAQ

What did Cadrenal Therapeutics (CVKD) announce regarding CAD-1005 and the FDA?

Cadrenal Therapeutics reported a successful End-of-Phase 2 meeting with the FDA for CAD-1005 in HIT. The agency provided guidance on protocol design, dosing, safety database, and endpoints, supporting plans for a pivotal Phase 3 trial as a registration pathway.

How did CAD-1005 perform in Phase 2 for heparin-induced thrombocytopenia?

In Phase 2, CAD-1005 showed a greater than 25% absolute reduction in thrombotic events when added to standard anticoagulant therapy. This improvement in clot-related outcomes underpins Cadrenal’s decision to proceed directly to a randomized, blinded, placebo-controlled Phase 3 study in HIT.

What is the planned design of Cadrenal Therapeutics’ Phase 3 HIT trial?

The planned pivotal Phase 3 trial will randomize approximately 120 patients with suspected HIT to CAD-1005 or placebo plus standard-of-care anticoagulants. It will run across up to 50 centers worldwide, with up to 14 days of in-hospital treatment and a centrally adjudicated thrombotic endpoint.

When could CAD-1005 potentially reach an NDA filing according to Cadrenal (CVKD)?

Cadrenal states the pivotal Phase 3 trial of CAD-1005 in HIT is intended to support a projected NDA submission in 2029. That timing assumes successful completion of the randomized, blinded, placebo-controlled study and adequate safety and efficacy data in the target patient population.

Does CAD-1005 have any special regulatory designations for HIT?

CAD-1005 has received Orphan Drug Designation and Fast Track designation from the U.S. FDA for HIT, plus orphan status from the European Medicines Agency. These designations can offer incentives such as development support and potential regulatory efficiencies for rare, serious conditions.

How common and serious is heparin-induced thrombocytopenia according to Cadrenal?

The company notes more than 12 million U.S. patients receive heparin annually, and HIT is a life-threatening immune complication. It can cause widespread clotting, low platelets, and bleeding, with complications like stroke and pulmonary embolism, and mortality reported above 20% in some studies.

Filing Exhibits & Attachments

4 documents