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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 Jun 18, 2024 10:39am
69 Views
Post# 36093871

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

RE:RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse eventsJune 18, 2024 - FDA halts BioNTech's ADC Phase 1 clinical trial due to safety issues. 

The FDA has slammed the brakes on a trial of MediLink Therapeutics’ BioNTech-partnered antibody-drug conjugate (ADC) that has already seen three fatalities, with the agency citing a risk of “unreasonable and significant risk of illness or injuries.” 


The German drugmaker announced in a SEC Commission filing on June 18, 2024 that the FDA has placed a phase 1 trial on partial hold over concerns that BNT326/YL202 “may, at higher doses, expose human subjects to unreasonable and significant risk of illness or injuries.


This includes “providing additional information in the investigators brochure regarding the safety findings including grade 5 adverse events observed” in both the phase 1 study as well as a phase 2 trial of the ADC which, according to ClinicalTrials.gov, kicked off at the end of last year.

A grade 5 adverse event signifies a fatality. 


https://www.fiercebiotech.com/biotech/fda-halts-trial-biontech-medilink-adc-over-significant-risk-illness
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