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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 Dec 29, 2023 12:57pm
112 Views
Post# 35804184

RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse events

RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse eventsDecember 21, 2023  - Sanofi pulls the plug on ADC after lung cancer PhIII disappoints. 

The ADC, called tusamitamab ravtansine, originated from a long running deal with ImmunoGen. The trial in question was evaluating the drug as a monotherapy in previously treated patients with metastatic non-squamous non-small cell lung cancer (NSCLC) whose tumors express high levels of a cancer-driving protein called carcinoembryonic antigen-related cell adhesion molecule 5 (CEACAM5).

[ ONCY has identified CEACAM6 as a biomarker in pancreatic cancer, for example]


Sanofi reinforces commitment to broader oncology development program including CEACAM5-directed antibody drug conjugates (ADC) with additional anticipated trials


https://www.sanofi.com/en/media-room/press-releases/2023/2023-12-21-06-30-00-2799759 

https://www.fiercebiotech.com/biotech/sanofis-oncology-strategy-suffers-another-blow-adc-scrapped-over-phase-3-lung-cancer-fail

In November 2023 AbbVie agreed to pay $10.1 billion in cash to acquire ImmunoGen.

https://www.fiercepharma.com/pharma/abbvie-pays-10b-acquire-immunogen-doubling-down-red-hot-adc-cancer-field

https://www.sanofi.com/en/media-room/press-releases/2022/2022-03-16-10-18-19-2404147
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