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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 Jun 16, 2024 12:43pm
80 Views
Post# 36091153

RE:RE:RE:RE:Roche CD47 antibody start-up gives up-lays off all employees

RE:RE:RE:RE:Roche CD47 antibody start-up gives up-lays off all employees

June 14, 2024 - Gilead Sciences' abandoned anti-CD47 drug magrolimab was not just ineffective, but could potentially be harmful to patients with untreated high-risk myelodysplastic syndrome, according to new data from a phase 3 study presented at 2024’s European Hematology Association (EHA) meeting.

Magrolimab showed worse performances compared with placebo across multiple efficacy and safety metrics in their respective combinations with chemotherapy, data from the ENHANCE trial have shown.

The magrolimab-chemo regimen was tied to a 20.3% increased risk of death, though the results were not statistically significant, with a p-value of 0.13. Patients who got the investigational therapy lived a median 15.9 months, versus 18.6 months for those in the control arm.

On the trial's other primary endpoint, the complete remission rate (CRR) was numerically lower at 21.3% for patients receiving magrolimab, versus 23.6% for the placebo group.

Gilead had already slammed the brakes on the ENHANCE study after a prespecified interim analysis indicated that it likely wouldn't succeed. 

https://www.fiercebiotech.com/biotech/new-eha-data-reveal-how-gileads-49b-bet-cd47-imploded

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