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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 5:16pm
126 Views
Post# 36091309

RE:How does Accelerated Approval work

RE:How does Accelerated Approval work Which Types of Surrogate Endpoints Are Used for Accelerated Approval?

The FDA accepts surrogate endpoints for clinical studies of pharmaceutical products in several instances. Approval decisions through the traditional review pathway can be based on a validated surrogate endpoint, if one is available. The FDA can deem a surrogate endpoint to be validated if it is “supported by a clear mechanistic rationale and clinical data providing strong evidence that an effect on the surrogate endpoint predicts a specific clinical benefit”.

However, the Accelerated Approval Process (AAP) does not use validated surrogate endpoints. It was designed to consider surrogate endpoints that meet a lower standard of being “reasonably likely to predict clinical benefit.” The FDA describes a reasonably likely surrogate endpoint as one with a “strong mechanistic and/or epidemiologic rationale such that an effect on the surrogate endpoint is expected to be correlated with an endpoint intended to assess clinical benefit in clinical trials, but without sufficient clinical data to show that it is a validated surrogate endpoint.” This is the only difference between a surrogate endpoint that is considered validated and one that is not validated but can be used for accelerated approval.


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