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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 Aug 01, 2023 6:51pm
134 Views
Post# 35567864

RE:ONCY's bought deal to support 2 Phase 3 studies

RE:ONCY's bought deal to support 2 Phase 3 studiesAn Accelerated Approval of the doublet of pelareorep + paclitaxel in the treatment of ER+/Her2- mBC would be based on the already demonstrated surrogate endpoints /  biomarkers of mPFS and mOS that the FDA had directed ONCY to achieve. I have already posted on how this developed and the direction that the FDA is taking in support of the use of surrogate endpoints in accelerating the approval of immunotherapeutic agents, like pelareorep.i

It is unfortunate that some on this message board keep overlooking this fact and instead keep focusing on OS, notwithstanding the FDA's current view that OS data can be reported on long after the drug is approved for use, entirely based on the surrogate endpoints data that I referenced above.
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