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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 Jan 30, 2024 7:03pm
166 Views
Post# 35853860

MSD Merck on the lookout for new opportunities within immuno

MSD Merck on the lookout for new opportunities within immuno
In addition to establishing MSD’s intent not to sit on the sidelines following its inroads into immunology with last year’s $10.8bn acquisition of Prometheus Biosciences, Dr Barr also laid out the company’s goal to transform how disease is treated in the sector. Speaking on the Prometheus deal, Dr Barr spoke of a treatment paradigm shift utilising “a proper assessment of biological markers, of combinations, of segmented patients by specific markers,” stepping away from the current try-and-see “serial single therapies” model. 

Acquiring Prometheus has allowed MSD stronger positioning in the sector, with access to a “biomarker selection strategy, [a biomarker] annotated database, and a lot of early clinical and preclinical candidates,” said Dr Barr. It should also be noted that MSD, through its actions in immunology, diversifies its holdings away from its established standing in cancer, which also allows the company to utilise its “oncology knowledge and bring that in to create a new approach” to IBD, Dr Barr said.

https://www.pharmaceutical-technology.com/analyst-comment/merck-is-on-the-lookout-for-more-opportunities-within-immunology/?cf-view
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