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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 Apr 30, 2023 11:46am
165 Views
Post# 35421604

RE:RE:RE:RE:Market Exclusivity for 'novel' biological drug products

RE:RE:RE:RE:Market Exclusivity for 'novel' biological drug productsZynyz is a checkpoint inhibitor immunotherapy that targets PD-1. Its approval marks the eight checkpoint inhibitor to hit the market and the third indicated for metastatic MCC, joining Merck & Co.’s PD-1 inhibitor Keytruda and Pfizer and Merck KGaA’s PD-L1 directed Bavencio. 

The approval was based on data from the POD1UM-201 trial, a single-arm study that tested the drug in adult patients who had not received prior systemic therapy. Zynyz had an objective response rate of 52%. Twelve patients, or 18% of patients, saw a complete response, and 34% (22 patients) achieved partial response. The duration of response in these patients ranged from 1.1 month to more than 24.9 months, with 76% responding for six months or longer and 62% responding for 12 months or longer.

In the trial, serious adverse reactions occurred in 22% of patients, with 11% permanently discontinuing treatment due to adverse reactions.

The nod came as a surprise to industry watchers, as the company hadn’t announced its application filing or a decision date.

The analysts see “limited opportunity” for Zynyz given the prevalence of other PD-1 and PD-L1 checkpoint inhibitors. However, an approval for front-line squamous cell anal carcinoma (SCAC) would provide a “niche opportunity” for the company.

MCC is a rare cancer type, affecting less than one per 100,000 people in the U.S..


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