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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Post by askretkaon May 16, 2022 2:46pm
265 Views
Post# 34687011

More Keytruda vs Opdivo competition

More Keytruda vs Opdivo competition
Staying in the back seat to Keytruda, Bristol Myers reports another pivotal setback in urothelial cancer.. ----------------- Just a few weeks after Bristol Myers Squibb and Nektar put the kibosh to their combo study of Opdivo and bempeg for metastatic urothelial cancer, one of the last big flameouts that convinced the pharma giant to squash their multibillion-dollar alliance, Bristol Myers is back with more bad news for the field. Bumping into fresh trouble trying to move into a bigger position in frontline therapy, Bristol Myers reported that their Opdivo/Yervoy combo flopped in a Phase III study of first-line therapy for previously untreated patients with the most common form of bladder cancer. We dont know the hard numbers yet, but the study Checkmate-901 failed to hit on overall survival. Once again, Bristol Myers is taking a loss on their drug while market-leader Keytruda moves forward, although not always so smoothly. --------------------------- I see this as a possible win/win for the Future. BMS wants to do a deal with us to compete with Merck's Keytruda or Merck wants us as a bolt on too keep ahead of BMS. Cheers!!!!
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