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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 Sep 13, 2012 7:32am
523 Views
Post# 20355394

Oncolytics Reolysin phase 2 shows PR in five of 15

Oncolytics Reolysin phase 2 shows PR in five of 15

Oncolytics Biotech Inc (C:ONC)
Shares Issued 76,606,085
Last Close 9/12/2012 $2.40
Thursday September 13 2012 - News Release

Dr. Brad Thompson reports

ONCOLYTICS BIOTECHA ATRADEMARK INC. MEETS PRIMARY ENDPOINT FOR FIRST STAGE OF U.S. PHASE 2 SQUAMOUS CELL LUNG CANCER CLINICAL TRIAL

Oncolytics Biotech Inc. has released preliminary results from its U.S. phase 2 clinical trial in patients with squamous cell carcinoma of the lung (SCCLC) using intravenous administration of Reolysin in combination with carboplatin and paclitaxel (REO 021). The Principal Investigator is Dr. Alain Mita of Cedars-Sinai Medical Centre in Los Angeles, CA.

Eligible patients include those with metastatic stage IIIB, or stage IV, or recurrent squamous cell carcinoma of the lung who are chemotherapy naA A ve for their metastatic or recurrent cancer. The primary objective of the Phase 2 trial is to assess the antitumor effect of the treatment regimen in the study population in terms of objective response rates. The secondary objectives are to assess progression-free survival and overall survival for the treatment regimen in the study population; to determine the proportion of patients receiving the above treatment who are alive and free of disease progression at six months; and to assess the safety and tolerability of the treatment regimen in the study population.

The study is a two stage design. Up to 19 evaluable patients with SCCLC were to be treated in the first stage. If four or more patients demonstrated a partial response (PR) or better, the study would then proceed to the second stage, with up to 55 patients being treated in the entire study. This endpoint was met after 15 evaluable patients were enrolled.A Five of 15 patients showed PR, four confirmed, one unconfirmed, and an additional eight patients had stable disease (SD), for a disease control rate (complete response (CR) + PR + SD)) of 87%.A The Company is proceeding with the second stage of the study.

"These preliminary results are encouraging and further supportive of the decision to conduct a randomized Phase II study examining Reolysin in non-small cell lung cancer (NSCLC) patients including those with SCCLC," said Dr. Brad Thompson, President and CEO of Oncolytics. "Oncolytics Phase II program continues to grow and now includes randomized trials in six separate indications."

We seek Safe Harbor.

© 2012 Canjex Publishing Ltd.

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