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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
Post by bcjton Jun 05, 2012 8:51am
372 Views
Post# 19980310

Oncolytics enters sponsorship for lung cancer stud

Oncolytics enters sponsorship for lung cancer stud

Oncolytics Biotech Inc (C:ONC)
Shares Issued 76,532,751
Last Close 6/4/2012 $3.73
Tuesday June 05 2012 - News Release

Dr. Brad Thompson reports

ONCOLYTICS BIOTECH INC. ENTERS INTO SPONSORSHIP AGREEMENT WITH NCIC CTG FOR RANDOMIZED PHASE II STUDY IN NON-SMALL CELL LUNG CANCER

Oncolytics Biotech Inc. has entered into an agreement whereby the NCIC Clinical Trials Group (CTG) at Queen's University in Kingston, Ont., will sponsor and conduct a randomized phase II study of Reolysin in patients with advanced or metastatic non-small cell lung cancer (NSCLC).

"This agreement expands our program with the NCIC CTG to a total of three randomized studies, including the colorectal and prostate studies we announced earlier in 2012," said Dr. Brad Thompson, President and CEO of Oncolytics. "This study builds upon both of our existing NSCLC clinical studies, as well as clinical research combining REOLYSINAtrademark with docetaxel."

The study will be an open-label, randomized, non-blinded, Phase II clinical study of REOLYSIN. Patients with squamous cell histology will be treated with REOLYSIN given in combination with docetaxel versus docetaxel alone. Patients with non-squamous cell histology will be treated with REOLYSIN given in combination with pemetrexed versus pemetrexed alone. Approximately 150 total response evaluable patients will be enrolled, after a patient safety run in.

Conference Call DetailsDr. Brad Thompson, President and CEO of Oncolytics, will host a conference call and webcast on Tuesday, June 5th, 2012 at 7:00 a.m. MT (9:00 a.m. ET) to discuss in more depth the Company's randomized Phase II clinical trial program. To access the conference call by telephone, dial 1-647-427-7450 or 1-888-231-8191. A live audio webcast will also be available at the following link: https://www.newswire.ca/en/webcast/detail/986501/1062975 or through the Company's website at www.oncolyticsbiotech.com/presentations. Please connect at least 10 minutes prior to the webcast to ensure adequate time for any software download that may be needed. A replay of the webcast will be available at www.oncolyticsbiotech.com and will also be available by telephone through June 12th, 2012. To access the telephone replay, dial 1-416-849-0833 or 1-855-859-2056 and enter reservation number 88541070 followed by the number sign.

We seek Safe Harbor.

© 2012 Canjex Publishing Ltd.

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