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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 Spdstron Oct 27, 2022 1:28pm
308 Views
Post# 35053689

Merck ditches oncolytic virus Cavatak

Merck ditches oncolytic virus Cavatak Merck is bidding adieu to the oncolytic virus, Cavatak, acquired from its 2018 purchase of Viralytics, with the pipeline change disclosed weeks after the Big Pharma hitched its wagon onto Moderna’s cancer vaccine program.

The phase 2 cancer treatment was acquired when Merck bought Australia-based Viralytics for $394 million in 2018.

There were at least 14 trials testing Cavatak, many of which had already been completed. Three active trials that were no longer recruiting were testing Cavatak in combination with Keytruda and one trial still recruiting was looking at Keytruda in combination with a number of investigational treatments
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