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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

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 Apr 08, 2022 10:04pm
164 Views
Post# 34589892

RE:FDA "Project FrontRunner" - to advance accelerated approvals

RE:FDA "Project FrontRunner" - to advance accelerated approvalsWhat is important to consider is that ONCY's Phase 2 BRACELET-1 study will provide readings on the surrogate endpoints outlined in the following excerpted paragraph .... and by doing so could potentially be approved under the Project FrontRunner initiative on the condition that ONCY have the FDA move pelareorep from Fast Track designation into the accelerated approval pathway based simply on the results obtained from the randomized BRACELET-1 Phase 2 study. "The accelerated approval pathway allows drugmakers to start selling medicines based on trials that show improvements in surrogate endpoints. In oncologys case, those endpoints include tumor response rate and disease progression, rather than the gold standard of proof, which is a cancer drugs ability to help people live longer. In many cases, this early data come from a single-arm trial without an active comparator."
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