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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage 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 registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Bullboard Posts
Comment by JLGeminion Feb 24, 2011 1:20pm
239 Views
Post# 18188096

RE: Anybody know when a phase III trial is expecte

RE: Anybody know when a phase III trial is expecte

Getting approval for a phase III pivotal trial requires the bureaucrats at the FDA saying “yes” to a viral therapy, Reolysin.  Reaching the end point of a pivotal trial is a cause for celebration since  commercial application becomes an overnight reality.  If Reolysin, or any other viral therapy, gets out of control either by mutation or improper handling, it has the potential to cause harm.  There are horror stories like Legionnaires’ Disease, outbreaks on cruise ships, thalidomide babies, etc that make bureaucrats paranoid about being responsible for saying “yes”.  While the Brad whiners complain about the time to market, Brad is the CEO of a small Canadian development company.  Persistence and breadth of application eventually lead to over 300 patients be treated.  The positive trial results, without a back step failure, provided the FDA with the comfort level to approve the head and neck pivotal trial.  It is interesting to note that head & neck is a small market opportunity where existing treatment offer little hope to the cancer victim.  If Reolysin was a treatment for something less life threatening like acne or the common cold, I suspect Oncolytics would still be going through the motions of phase I and II trials until their funding dried up.

 

The important point is that the head &neck pivotal trial is the tip of the iceberg.  Its success opens the door for the approval of pivotal trials for NSCLC, pancreatic cancer, colorectal cancer, ovarian cancer, ….  Oncolytics is building an international pipeline to support these trials with each enrolment of a hospital in the head & neck study.  Oncolytics has hospitals on board in the US, UK, Belgium and Canada, and is in discussion in other countries.

Bullboard Posts