MARKET WIRE NEWS

Can-Fite Expands Namodenoson anti-Obesity Franchise with Israeli Patent Allowance

MWN-AI** Summary

Can-Fite BioPharma Ltd. (NYSE American: CANF) has received significant news with the Israeli Patent Office allowing its application for patent No. 284463, which covers its lead anti-obesity drug candidate, Namodenoson. This patent, titled “An A3 Adenosine Receptor Ligand for Use for Achieving a Fat Loss Effect,” positions Can-Fite firmly within the burgeoning market for metabolic therapeutics, as it extends the company’s intellectual property (IP) protections for Namodenoson, which acts as an A3 adenosine receptor (A3AR) agonist. The approval aligns with similar advances in the US, Canada, and Australia, bolstering the company’s global IP strategy.

Namodenoson is notable for its selective action targeting pathways involved in fat accumulation, inflammation, and metabolic regulation, an area currently hampered by the limitations of existing treatments. The anti-obesity market is rapidly expanding, projected to reach $60.5 billion by 2030, growing at a compound annual growth rate of approximately 22%. The acknowledgment of Namodenoson’s efficacy in peer-reviewed studies furthers its credibility, establishing it as a strong competitor in this demanding therapeutic landscape.

Dr. Pnina Fishman, Chief Scientific Officer, emphasized the strategic importance of building Can-Fite’s IP portfolio, highlighting the unmet medical need for effective and safe obesity treatments. Namodenoson's development is complemented by its ongoing clinical evaluations for various conditions, including advanced liver cancer, metabolic dysfunction-associated steatohepatitis (MASH), and pancreatic cancer, reflecting its versatility as a therapeutic candidate.

This expansion of patent coverage not only enhances Can-Fite’s market positioning but also opens avenues for potential partnerships in a sector eager for innovative and reliable treatments for obesity and metabolic disorders.

MWN-AI** Analysis

Can-Fite BioPharma Ltd. (NYSE American: CANF) has solidified its position in the burgeoning metabolic therapeutics market with the recent allowance of its Israeli patent covering the use of its lead drug candidate, Namodenoson. This specific patent, granted for its anti-obesity effects through an A3 adenosine receptor (A3AR) agonist mechanism, not only enhances Can-Fite's intellectual property portfolio but also strengthens its competitive edge in a rapidly expanding sector projected to reach $60.5 billion by 2030.

The growing prevalence of obesity, alongside the limitations of current treatments such as gastrointestinal side effects and high costs, presents a substantial market opportunity for Namodenoson. The drug's differentiated mechanism targets pathways vital for adipogenesis and metabolic regulation, suggesting lower risk of adverse effects. Clinical studies have shown promising results in fat accumulation reduction, positioning Namodenoson as a potential leader among safe and effective solutions.

Investors should note the strategic positioning of Can-Fite in securing global patent protections, which creates barriers for competitors and enhances the company's value proposition for future partnerships. The acknowledgment by the International Journal of Obesity through peer-reviewed publication also underscores the scientific validity of Can-Fite's approach.

As Can-Fite continues to develop Namodenoson across multiple clinical trials—including pivotal studies for both advanced liver cancer and metabolic dysfunction—it may be prudent for investors to closely monitor the company's upcoming milestones, ensuring they are prepared for significant events that could impact stock performance. Additionally, with partnerships and collaborations likely to follow from this enhanced patent position, there remains potential for upward momentum in Can-Fite’s stock and broader market capabilities. Overall, Can-Fite presents a compelling opportunity in a high-growth market segment with unfulfilled needs.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Strengthens global IP and supports strategic positioning in the rapidly growing metabolic therapeutics market

Ramat Gan, Israel, March 17, 2026 (GLOBE NEWSWIRE) -- Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE:CANF), a clinical-stage biotechnology company developing a pipeline of proprietary small molecule drugs targeting oncological and inflammatory diseases, today announced that the Israeli Patent Office has allowed its patent application No. 284463, titled “An A3 Adenosine Receptor Ligand for Use for Achieving a Fat Loss Effect.” The allowed patent covers the use of A3 adenosine receptor (A3AR) agonists, including the Company’s lead drug candidate Namodenoson, for inducing fat loss and treating obesity and related metabolic disorders.

This allowance represents a key addition to Can-Fite’s expanding global intellectual property portfolio around Namodenoson’s anti-obesity activity and follows similar patent advancements in other major jurisdictions including the US, Canada and Australia, strengthening the Company’s worldwide protection strategy. Recently the technology granted scientific recognition upon coming up with a  breakthrough publication of peer-reviewed study in the International Journal of Obesity, demonstrating the anti-obesity effect of namodenoson (https://rdcu.be/e37sf).

The global obesity therapeutics market is experiencing rapid growth, driven by increasing prevalence and the success of GLP-1 receptor agonists. However, current treatments are often associated with limitations including gastrointestinal side effects and high cost. Namodenoson, a highly selective A3AR agonist, offers a differentiated mechanism of action, targeting key pathways involved in adipogenesis, inflammation, and metabolic regulation. Preclinical and clinical studies have demonstrated its potential to reduce fat accumulation and improve metabolic profiles, positioning it as a promising candidate in the expanding obesity treatment landscape.

“With the allowance of this patent in Israel, we continue to build and strengthen our intellectual property portfolio around Namodenoson’s anti-obesity activity,” said Dr. Pnina Fishman, Chairperson and Chief Scientific Officer of Can-Fite. “Given the significant unmet need and rapid growth of the obesity market, we believe Namodenoson’s unique mechanism and established safety profile position it as an attractive candidate for development and potential partnering opportunities.”

The global obesity treatment market is projected to reach $60.5 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 22%, driven by increasing disease prevalence and demand for safe, effective oral therapies.

About Namodenoson

Namodenoson is a small orally bioavailable drug that binds with high affinity and selectivity to the A3 adenosine receptor (A3AR). Namodenoson is currently being evaluated in a pivotal Phase III trial for advanced liver cancer, a Phase IIb trial for the treatment of Metabolic Dysfunction-associated Steatohepatitis (MASH), and in a Phase IIa study in pancreatic cancer. A3AR is highly expressed in diseased cells whereas low expression is found in normal cells. This differential expression may be one of the important factors that accounts for the excellent safety profile of the drug.

About Can-Fite BioPharma Ltd.

Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE: CANF) is an advanced clinical stage drug development Company with a platform technology that is designed to address multi-billion dollar markets in the treatment of cancer, liver, and inflammatory disease. The Company's lead drug candidate, Piclidenoson recently reported topline results in a Phase III trial for psoriasis and is expected to commence a pivotal Phase III. Can-Fite's liver drug, Namodenoson, is being evaluated in a Phase III trial for hepatocellular carcinoma (HCC), a Phase IIb trial for the treatment of MASH, and in a Phase IIa study in pancreatic cancer. Namodenoson has been granted Orphan Drug Designation in the U.S. and Europe and Fast Track Designation as a second line treatment for HCC by the U.S. Food and Drug Administration. Namodenoson has also shown proof of concept to potentially treat other cancers including colon, prostate, and melanoma. CF602, the Company's third drug candidate, has shown efficacy in the treatment of erectile dysfunction. These drugs have an excellent safety profile with experience in over 1,600 patients in clinical studies to date. For more information please visit: www.can-fite.com.

Forward-Looking Statements

This press release may contain forward-looking statements, about Can-Fite’s expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. All statements in this communication, other than those relating to historical facts, are “forward looking statements”. Forward-looking statements can be identified by the use of forward-looking words such as “believe,” “expect,” “intend,” “plan,” “may,” “should” or “anticipate” or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to known and unknown risks, uncertainties and other factors that may cause Can-Fite’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results, performance or achievements to differ materially from those anticipated in these forward-looking statements include, among other things, our history of losses and needs for additional capital to fund our operations and our inability to obtain additional capital on acceptable terms, or at all; uncertainties of cash flows and inability to meet working capital needs; the initiation, timing, progress and results of our preclinical studies, clinical trials and other product candidate development efforts; our ability to advance our product candidates into clinical trials or to successfully complete our preclinical studies or clinical trials; our receipt of regulatory approvals for our product candidates, and the timing of other regulatory filings and approvals; the clinical development, commercialization and market acceptance of our product candidates; our ability to establish and maintain strategic partnerships and other corporate collaborations; the implementation of our business model and strategic plans for our business and product candidates; the scope of protection we are able to establish and maintain for intellectual property rights covering our product candidates and our ability to operate our business without infringing the intellectual property rights of others; competitive companies, technologies and our industry; risks related to any resurgence of the COVID-19 pandemic and the war between Israel and Hamas; risks related to not satisfying the continued listing requirements of NYSE American; and statements as to the impact of the political and security situation in Israel on our business. More information on these risks, uncertainties and other factors is included from time to time in the “Risk Factors” section of Can-Fite’s Annual Report on Form 20-F filed with the SEC on April 14, 2025 and other public reports filed with the SEC and in its periodic filings with the TASE. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Can-Fite undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Contact

Can-Fite BioPharma

Motti Farbstein

info@canfite.com

+972-3-9241114


FAQ**

How does the allowance of patent No. 284463 strengthen Can-Fite BioPharma Ltd Sponsored ADR CANF's competitive positioning in the rapidly growing metabolic therapeutics market?

The allowance of patent No. 284463 enhances Can-Fite BioPharma Ltd's competitive positioning in the expanding metabolic therapeutics market by providing exclusive rights to innovative treatment methods, thereby potentially increasing market share and attracting investment.

What are the anticipated impacts of Namodenoson's unique mechanism on Can-Fite BioPharma Ltd Sponsored ADR CANF's market share in obesity treatment by 2030?

Namodenoson's unique mechanism is expected to enhance Can-Fite BioPharma Ltd's market share in obesity treatment by 2030, potentially positioning the company as a key player in a growing market driven by innovative therapies targeting metabolic pathways.

In light of the increasing global obesity treatment market, how does Can-Fite BioPharma Ltd Sponsored ADR CANF plan to leverage its intellectual property portfolio for strategic growth?

Can-Fite BioPharma Ltd plans to leverage its robust intellectual property portfolio by advancing its innovative therapies for obesity treatment, enhancing partnerships, and exploring strategic collaborations to capture market share in the expanding global obesity treatment arena.

How might the recent scientific recognition of Namodenoson influence Can-Fite BioPharma Ltd Sponsored ADR CANF's future partnerships and collaborations in the metabolic therapeutics space?

The recent scientific recognition of Namodenoson may enhance Can-Fite BioPharma Ltd's attractiveness to potential partners and collaborators in the metabolic therapeutics space, potentially leading to strategic alliances that leverage its therapeutic potential and clinical outcomes.

**MWN-AI FAQ is based on asking OpenAI questions about Can-Fite Biopharma Ltd American Depositary Shares each representing two (2) (NYSE: CANF).

Can-Fite Biopharma Ltd American Depositary Shares each representing two (2)

NASDAQ: CANF

CANF Trading

4.24% G/L:

$3.07 Last:

26,347,625 Volume:

$3.65 Open:

mwn-link-x Ad 300

CANF Latest News

CANF Stock Data

$9,110,276,106
1,960,466,988
N/A
3
N/A
Biotechnology & Life Sciences
Healthcare
IL
Ramat Gan

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App