Oncolytics Biotech Inc T.ONC

Alternate Symbol(s): ONCY

Healthcare Biotechnology

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.

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Oncolytics Biotech Inc > How does Accelerated Approval work

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Comment by Noteableon May 13, 2024 9:55am

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RE:RE:RE:RE:RE:RE:How does Accelerated Approval work

According to the FDA’s Peter Marks, M.D., Ph.D. the FDA's Accelerated Approval pathaway gives small biotech's a revenue stream to support on-boing clinical development in "orphan" and "unmet treatment need" diseases like pancreatic, breast, anal and colorectal cancers, which ONCY is currently in late stage clinical development, +/- immune checkpoint inhibitors.

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