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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

Post by Noteableon Apr 15, 2022 10:53am
231 Views
Post# 34606374

Roche, Pfizer, and Amgen's bevacizumab biosimilar in GBM

Roche, Pfizer, and Amgen's bevacizumab biosimilar in GBM Competition for Roche's, Pfizer's, and Amgen's bevacizumab biosimilar in GBM heats up.


April 14, 2022 - Amneal Pharmaceuticals 'Avastin' biosimilar receives FDA approval for  bevacizumab-maly, a biosimilar to Genentech (Roche's) Avastin. 


The biosimilar is a vascular endothelial growth factor inhibitor. With the FDA approval, the biosimilar will be eligible to be prescribed for the multiple indications for which the Genentech drug has been approved, including metastatic renal cell carcinoma, Stage III or IV ovarian cancer , recurrent epithelial ovarian cancer , fallopian tube, or primary peritoneal and persistent, recurrent cervical cancers. 


There are two other Avastin biosimilarsMvasi (bevacizumab-awwb), co-developed by Amgen and Allergan, and Pfizer’s Zirabev (bevacizumab-bvzr).

https://www.biospace.com/article/roche-wakes-up-to-new-competition-as-fda-approves-amneal-s-avastin-biosimilar/


In 2017 the FDA granted Roche/Genentech's VEGF inhibitor Avastin (bevacizumab) a full approval for the treatment of adult patients with glioblastoma (GBM) that progressed following prior therapy.


The new FDA approved Avastin biosimilars are now placing further pressure on Roche/Genentech's exisiting product portfolio of immuno-oncology products as external competitiors begin to carve into Roche's traditional product line sales.


[ In parallel ONCY is conducting a Phase 2 Goblet trial that is being managed by AIO, a leading academic cooperative medical oncology group based in Germany, and is designed to investigate the use of pelareorep in combination with Roche's anti-PD-L1 checkpoint inhibitor atezolizumab in GI cancers that involve patients with metastatic pancreatic, metastatic colorectal and advanced anal cancers.] 

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