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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 > Beam Therapeutics Phase 1 CAR-T study placed on hold by FDA
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Comment by Noteableon Aug 30, 2022 1:08pm
254 Views
Post# 34930000

RE:RE:Beam Therapeutics Phase 1 CAR-T study placed on hold by FDA

RE:RE:Beam Therapeutics Phase 1 CAR-T study placed on hold by FDAAugust 30, 2022 - "The FDA’s concerns about BEAM-201 are multi-faceted but include questions about the company’s gene-editing technology." 

"Evidently, the company’s editing aspirations have been more difficult to execute than expected. In addition to addressing regulators’ questions, the company reported ealier in August that more edits than expected are necessary to make its cell therapies fully allogeneic. The revelation means that the company will no longer be nominating a second CAR-T candidate in 2022. "

https://www.fiercebiotech.com/biotech/beam-sheds-more-light-clinical-hold-slapped-gene-edited-car-t
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