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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

Comment by Noteableon Nov 20, 2021 6:06pm
235 Views
Post# 34149869

RE:RE:Background to Gilead's $21 Bln acquisition of Immunomedics

RE:RE:Background to Gilead's $21 Bln acquisition of Immunomedics Despite the recent FDA approval of targeted therapy for BRCA gene mutation (that is, the use of immune checkpoint inhibitor pembrolizumab and Trop-2 antibody drug conjugate), the majority of patients continue to progress after the first two lines of therapy.

Consequenlty, there is an unmet need for patients whose triple-negative breast cancer has progressed despite previous treatment regimens which opens the way for the addition of ONCY's oncolytic virus pelareorep in combination with an immune checkpoint inhibitor.

In June 2020 ONCY announced the opening of
 a Phase 2 study (IRENE) in triple-negative breast cancer using INCYTE's immune checkpoint inhibitor in combination with ONCY's pelareorep.

In August 2020 ONCY announced the first patient was dosed in the IRENE study.

https://ir.oncolyticsbiotech.com/press-releases/detail/515/oncolytics-biotech-doses-first-patient-in-phase-2-irene

This past week, on November 19, 2021  ONCY announced that the investigators will presenting an update of the IRENE Phase 2 study at SABCS taking place on December 07th. 

https://www.prnewswire.com/news-releases/oncolytics-biotech-to-present-phase-2-triple-negative-breast-cancer-trial-update-at-the-2021-san-antonio-breast-cancer-symposium-301428864.html  
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