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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 lonc17on Apr 06, 2024 6:35pm
122 Views
Post# 35975127

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Accelerated Approval, surrogate endpoints, registration

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Accelerated Approval, surrogate endpoints, registration

The concern I have is that while all Phase 3 trials are inherently 'registration enabling,' not all 'registration enabling' trials are Phase 3.

The alteration made to ONC's investor presentation, where all references to Phase 3 were replaced with 'registration enabling' or similar phrases, seems like a preemptive measure by ONC to address the disappointment arising from the potential that there will be no Phase 3 trial this year in Panc, and most certainly, no Phase 3 trial in BC (as if that was ever in question).

They'll likely instead announce yet another small P2 in Panc and then try to pass it off as a quicker path to registration, when in fact it is almost certainly due to ONC's unmitigated disaster when it comes to securing partnership and funding for a legitimate P3.

Funny to go back to announcments and news from 2020-2021 when ONC was promissing a P3 in BC that would begin in 2022 timeframe.

The P3 in BC will never happen - I think even ONC's most ardent supporters may have accepted that fateful outcome.

And now here's ONC ... ON THE VERGE OF A P3 in PANC.. that has now been rebranded as a "registration enabling study" ... Let's see where they are in 2026, shall we?

 

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