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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling 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 May 28, 2023 5:12pm
125 Views
Post# 35468035

RE:RE:eyes on the prize

RE:RE:eyes on the prizeThat's exactly what Big Pharma wants to do, since having full control over a Phase 3's trial design and implementation, further allows for selection of trial sites, timely patient enrollment, efficient trial data collection, and relatively unrestricted communications with the FDA which ultimately provides for the quicker filing of a BLA, review and the issuance of a potential accelerated approval, which would happen well in advance of the trial's final readout. In so doing, Big Pharma is better able to develop it's regulatory, manufacturing, distribution, and  marketing & sales plans, while the Phase 3 trial is ocurring and in anticipation of the FDA's 'Accelerated' Approvable Letter.

Big Pharma's full control of a Phase 3 trial saves BP both time and money.
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