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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Healthcare Biotechnology
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

Oncolytics Biotech Inc
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Post by JohnnyYegon Feb 19, 2020 4:49pm
256 Views
Post# 30710204

Merck Receives Complete Response Letter from the US FDA

Merck Receives Complete Response Letter from the US FDA

If there is any positive that can be taken away from this for ONC is that Pelareorep was designed to be used with various types of cancer and is NOT wholly designed for use against pancreatic cancer.  But the fallout of this report has definitely had it's affect on ONC's shareprice today.

Can only hope AWARE-1 interim results come our soon or ONC will have a long way to climb back for any kind of recognition in the markets.


https://finance.yahoo.com/news/merck-receives-complete-response-letter-001700032.html

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