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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 May 31, 2023 2:20pm
146 Views
Post# 35473119

RE:RE:RE:RE:RE:ONCY announces Pelareorep ≥50% ORR & mPFS Improvements

RE:RE:RE:RE:RE:ONCY announces Pelareorep ≥50% ORR & mPFS Improvements From surrogate endpoints and FDA approval to Portland. Who wudda guessed. So getting back to what is relevant to ONCY ....

"The FDA instituted its Accelerated Approval Program to allow for earlier approval of drugs that treat serious conditions, and fill an unmet medical need based on a surrogate endpoint.  A surrogate endpoint is a marker, such as a laboratory measurement, radiographic image, physical sign or other measure that is thought to predict clinical benefit but is not itself a measure of clinical benefit. The use of a surrogate endpoint can considerably shorten the time required prior to receiving FDA approval.

[The results of ONCY's Bracelet-1 Phase 2 study provided clear emperical evidence that pelareorep as a single agent surpassed the surrogate endpoints of ORR and PFS over the historical SOC control arm of paclitaxel alone, along with meeting the study's primary objective of surpassing ORR over control, thus meeting the FDA's requirements for an accelerated approval for pelareorep as a single agent.]   


Drug companies are still required to conduct studies to confirm the anticipated clinical benefit." [ As would happen with the filing of pelareorep's Phase 3 study. ]


https://www.fda.gov/drugs/nda-and-bla-approvals/accelerated-approval-program

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