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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 Jun 08, 2023 11:32am
172 Views
Post# 35486540

RE:RE:ONCY's pelareorep is now Phase 3-ready

RE:RE:ONCY's pelareorep is now Phase 3-readyBig Pharma and the FDA see the potential pricing of the novel biologic in pelareorep (as a candidate for 13 years of FDA market excluivity) in combination with the generic paclitaxel as a very favorable value proposition, which should result in a rapid marketing approval for an unmet medical need in HR+/HER2 negative breast cancer and therefore a quick follow-on market penetration in this and other cancer indications.

Pelareorep then can be combined with multiple I/O agents including immune checkpoint inhibitors, CAR-T therapy, bisepcifics, ADCs, and small molecules like CDK 4/ and PARP inhibitors. to treat mulitple cancers with unmet medical needs.


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