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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Post by westcoast1000on Aug 22, 2023 7:45pm
269 Views
Post# 35600922

From Wash Post Opinions

From Wash Post Opinions

This summer, the Food and Drug Administration approved a new drug to treat Alzheimer’s — encouraging, in its way. But Leqembi’s benefits are modest at best, and its risks are pretty considerable.

Shortly before approval, Harvard Medical School professor Jerry Avorn wrote that the drug was a perfect example of how the FDA’s all-or-nothing approval process fails both drugmakers and patients.

Avorn recommended that the FDA develop a middle-ground conditional approval “that would allow a new drug with ambiguous credentials to be used only in a limited way until better evidence is collected.”

That could help patients who desperately need the drug now, while also pushing for additional evidence to make sure it’s really right for other people down the road.

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