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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 Mar 27, 2024 3:35pm
125 Views
Post# 35956341

Rare and Orphan diseases approved w smaller pt trial numbers

Rare and Orphan diseases approved w smaller pt trial numbersMarch 27, 2024 - As outlined in the attached link, Pfizer's termination of one of two phase 3 trials assessing a monoclonal antibody designed to treat sickle cell disease, and due to slow recruitment in the general population, doesn’t impact Pfizer's plans for a potential new drug approval from the FDA in 2026, according to a Pfizer spokesperson since  their  monoclonal antibody Inclacumab has received both orphan and rare pediatric disease tags from the federal agency for sickle cell disease. 

Drugs targeting Orphan and Rare diseases are approved early and on small numbers of clinical trial patients. ONCY's pelareorep in the treatment of pancreatic and metastatic breast cancer indications is a candidate for Accelerated Approval in both indications that are considered to have unmet treatment needs. 


Furthermore, pelareorep is a biologic that will be provided 13 years of market exclusivity from the date of FDA approval.


https://www.fiercebiotech.com/biotech/after-terminating-1-2-late-stage-sickle-cell-disease-trials-pfizer-still-expects-fda
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