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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 Jul 29, 2022 12:34pm
170 Views
Post# 34860333

RE:RE:RE:The issue of the safe use of higher doses of vaccinia virus

RE:RE:RE:The issue of the safe use of higher doses of vaccinia virus July 28, 2022  - Takeda is walking away from the vaccinia virus cancer prospect it picked up in a $120 million deal frome Turnstone Biologics in 2019. Citing “strategic reasons,” the company has terminated the collaboration and returned the global rights for the asset to Turnstone.

In a separate decision to discontinue their collaboration Takeda explicitly referred to
 "the safety signal" of that investigational agent, however their safety comments could also be viewed as addressing the potential pathogenic issue of an engineered vaccinia virus reverting to its wild state at high doses.

https://www.fiercebiotech.com/biotech/takeda-cuts-ties-cancer-drug-landed-120m-turnstone-deal-part-pipeline-clear-out
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