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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 Jun 25, 2023 12:36pm
176 Views
Post# 35513605

RE:RE:RE:RE:90 days

RE:RE:RE:RE:90 daysRoche's Tecentriq and paclitaxel previously failed to improve outcomes for patients with PD-L1-positive metastatic TNBC in the IMpassion131 trial. That phase 3 setback, plus pressure from the FDA, led Roche to voluntarily withdraw its accelerated approval for Tecentriq in combination with Bristol Myers Squibb’s Abraxane, or nab-paclitaxel, in 2021.

Since 2021, ONCY has been able to demonstrate that pelareorep is able to convert an immunosuppressive and hypoxic TME to one that is conducive to PD-(L)1 immune checkpoint inhibition in patients with PD-(L)1 negative cancers, through the upreguation of PD-L1 receptors on cancer cells that is required for the effective activity of checkpoint inhibitors, like Tecentriq in combinatin with paclitaxel.



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