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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

Post by Noteableon Jul 19, 2022 8:21pm
251 Views
Post# 34835911

AZ/MSD PARP inhibitor Lynparza fails in colorectal cancer

AZ/MSD PARP inhibitor Lynparza fails in colorectal cancer
Lynparza was being tested by itself and alongside Avastin as a first-line maintenance treatment for colorectal cancer that has not progressed following first-line induction. At an interim analysis, an indpendent data monitoring panel found neither regimens could improve upon Avastin's combination with chemotherapy in terms of stalling tumor progression or death.

https://www.fiercepharma.com/pharma/merck-astrazeneca-pull-plug-phase-3-lynparza-trial-colorectal-cancer

[This event further opens the door for ONCY's pelareorep in combination with a PARP inhibitor - such as with Pfizer’s FDA-approved PARP inhibitor, Talzenna. Pfizer picked up the drug in its $14 billion acquisition of Medivation in 2017, when it was already way behind PARP players AstraZeneca, Tesaro and Clovis Oncology.]


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