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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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.


TSX:ONC - Post by User

Oncolytics Biotech Inc > AstraZeneca's ADC disappoints - on severe adverse events
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Comment by Noteableon Jun 30, 2024 11:41am
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Post# 36112607

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

RE:RE:RE:RE:RE:RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse eventsSanofi's struggling ADCs oncology portfolio would significantly benefit from the addition of ONCY's pelareorep, particularly since Sanofi has guided that its corporate objective is to increase the number of Phase 3 clinical studies the company has by 50%, by the year 2026, notwithstanding that Sanofi's current R&D oncology portfoilo does not have the products to help reach this target, thus requiring strategic acquistions in oncology to be made to help facilitate the objective. 

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