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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

Comment by Noteableon May 17, 2024 12:12pm
70 Views
Post# 36045678

RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and China

RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and ChinaMay 17, 2024 -  China-made PD-1 inhibitors unable to pass through the FDA. 

After snubs or delays for three other China-made PD-1 drugs, Jiangsu Hengrui Pharma and Elevar Therapeutics’ respective applications for PD-1 inhibitor camrelizumab and the VEGFR inhibitor rivoceranib have been rejected by the FDA. The pair was hoping for a combination approval in first-line liver cancer. 

The pair’s setback is good news for Roche and its anti-PD-L1/VEGF pairing of Tecentriq and Avastin, which is the first FDA-approved immunotherapy-based treatment in first-line liver cancer. 

Last week, China origined BeiGene telegraphed  a possible delay for its application to expand Tevimbra into first-line esophageal squamous cell carcinoma, because the FDA could be late in scheduling clinical site inspections.


https://www.fiercepharma.com/pharma/fda-pd-1-combo-elevar-hengrui-camrelizumab-liver-cancer

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