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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 fasttrack5on May 26, 2023 6:58pm
221 Views
Post# 35466714

Oncolytics Biotech Inc.

Oncolytics Biotech Inc.Oncolytics Biotech (NASDAQ:ONCY / TSX:ONC) announced that positive results from BRACELET-1, a randomized phase 2 trial in HR+/HER2- metastatic breast cancer will be presented at ASCO. The BRACELET-1 (BReast cAnCEr with the Oncolytic Reovirus PeLareorEp in CombinaTion with anti-PD-L1 and Paclitaxel) is an open-label, phase 2, randomized study in patients with HR+/HER2-, endocrine-refractory metastatic breast cancer being conducted under a co-development agreement with Pfizer Inc. (NYSE:PFE) and Merck KGaA, Darmstadt, Germany. The ASCO annual meeting will be held in Chicago from June 2 to 6, 2023. To find out more about Oncolytics study that will be featured at the event, click here. IMO very positive events happening which will likely afford the opportunity for ONC to either form a partnership and or a complete buyout. Just sayin:)
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