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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 17, 2024 5:10pm
54 Views
Post# 36227912

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

RE:RE:RE:RE:RE:RE:How does Accelerated Approval work Breakthrough therapy designation (BTD) is granted for drugs aimed at treating serious or life-threatening diseases for which there is promising preliminary clinical evidence that shows superiority over current therapies. BTD does not guarantee future positive results in trials or successful approval, given that this designation is based only on preliminary data. As additional data are acquired, a BTD drug may no longer show superiority over current drugs and the designation may be rescinded to conserve agency resources. Preliminary clinical data are expected to be provided with the investigational new drug (IND) application or no later than the phase 2 meeting, and these data must demonstrate the superiority of the new drug by direct comparison with the current therapy or with valid historical data. "
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