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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 Sep 10, 2024 2:03pm
139 Views
Post# 36217013

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

RE:RE:RE:RE:How does Accelerated Approval work The FDA instituted its Accelerated Approval Program to allow for earlier approval of drugs that treat serious conditions, and fill an unmet medical need based on a surrogate endpoint.  A surrogate endpoint, like progression free survival (PFS), is a marker, such as a laboratory measurement, radiographic image, physical sign or other measure that is thought to predict clinical benefit, like overall survival (OS), but is not itself a measure of clinical benefit. The use of a surrogate endpoint can considerably shorten the time required prior to receiving FDA approval, as the FDA has outlined.  

And with two Phase 2 clinical trials completed, in metastatic breast cancer, namely IND-213 and Bracelet-1, and with surrogate endpoints of PFS, ORR and mOS reported in Bracelet-1 of 38.2%, 37.5% and a near doubling in median overall survival, respectively, ONCY is the closest to an Accelerated Approval than any other agent in this category of immunomodulators.
 
Mature overall survival (OS) from the Bracelet-1 study, which quantifies clinical benefit, is expected at anytime unequivocally supports an Accelerated Approval request.

In expectation of the upcoming Phase 2 Bracelet-1 OS data in mBC ONCY has guided on the discussion with the FDA  and advised on a planned adaptive 180-200 patient Phase 2b/ Phase 3/confirmatory clinical trial that can seamlessly tranisition from one Phase to another, as an adaptive clinical trial design provides.

ONCY has also advised that it is is able to conduct on this 180-200 patient study on its own.
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