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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 Oct 23, 2023 8:56am
105 Views
Post# 35695892

RE:Bloomberg PR on pancreatic cancer players

RE:Bloomberg PR on pancreatic cancer players"Several biotech developers have been making strides
against the deadly disease, including a new mRNA vaccine in the works from 
BioNTech SE (NASDAQ:BNTX), as well as promising drug-combo therapies from O
ncolytics Biotech Inc. (NASDAQ:ONCY) (TSX:ONC), Seagen Inc. (NASDAQ:SGEN),
and better diagnostics from Myriad Genetics, Inc. (NASDAQ:MYGN) and 
Illumina, Inc. (NASDAQ:ILMN)."

ONCY is now being included in the list of top-tier Big Pharma companies that are working to find a treatment for pancreatic cancer.

ONCY is the only company that is targeting advanced or metastatic pancreatic cancer, 
in which the 1 year survival rate is only 10%.

The others have targeted the earlier and less aggressive stages of pancreatic cancer, where the 5 year survival rate is now around 12 %.
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