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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 May 29, 2024 10:09am
113 Views
Post# 36062159

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

RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse eventsMay 29, 2024 -  Amgen Wins FDA Approval for First Biosimilar to AstraZeneca’s Soliris

Soliris was first approved by the FDA in 2007 for PNH. At the time, it was still owned by rare disease player Alexion Pharmaceuticals, which AstraZeneca acquired in 2020 for $39 billion.

The investment has been paying off for AstraZeneca with Soliris consistently serving as one of its best-selling products. In 2023, Soliris was the pharma’s top rare disease asset bringing in $3.1 billion despite suffering a 14% decline in sales. Overall, Soliris was outperformed only by the cancer drugs Tagrisso (osimertinib) and Imfinzi (durvalumab), and the heart failure therapy Farxiga (dapagliflozin).

https://www.biospace.com/article/amgen-wins-fda-approval-for-first-interchangeable-biosimilar-to-astrazeneca-s-soliris/

 



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