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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 Azzak34on Apr 11, 2024 7:43am
113 Views
Post# 35982813

RE:New Press Release - Oncolytics Biotech® Advances Toward Registration-Enabling Trial for Pelareorep in Breast Cancer with Submission of Type C Meeting Request to FDA

RE:New Press Release - Oncolytics Biotech® Advances Toward Registration-Enabling Trial for Pelareorep in Breast Cancer with Submission of Type C Meeting Request to FDA
From the perspective of oncology research, the announcement by Oncolytics Biotech regarding their upcoming meeting with the FDA signifies a pivotal moment in the clinical development of pelareorep for the treatment of HR+/HER2- metastatic breast cancer. The data suggesting a tripled confirmed response rate and a 50% improvement in median progression-free survival is particularly noteworthy, as it indicates a potential advancement in therapeutic options for patients who have limited responses to current treatments. The hazard ratio of 0.29 is also a critical metric, suggesting a substantial reduction in the risk of disease progression or death when compared to the control group.
 
Furthermore, the intention to explore biomarkers like tumor-infiltrating lymphocytes and T cell receptor sequencing could lead to more personalized and effective treatment strategies. 
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