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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 Noteableon Sep 27, 2023 10:35am
595 Views
Post# 35656760

CAR-T update

CAR-T updateSeptember 27, 2023 -  AbbVie terminates its collaboration and license agreement with Caribou focused on advancing allogeneic CAR-T therapeutics for two unspecified AbbVie programs.

Caribou revealed in its SEC filing on Tuesday that AbbVie has “elected to not advance these two programs.” Following the contract’s termination, all licenses granted under the agreement will also end. 


Caribous CRISPR-based genome editing tools use an RNA guide molecule to help locate its target DNA sequence

Earlier this week, the Abbvie also terminated its contract with Maryland- and Shanghai-based I-Mab. The partners were previously working on the anti-CD47 antibody lemzoparlimab, which they had been developing for myelodysplastic syndrome and acute myeloid leukemia.


https://www.biospace.com/article/abbvie-terminates-caribou-car-t-contract-in-culling-of-cancer-pipeline/


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