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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 Nov 08, 2024 1:33pm
80 Views
Post# 36303611

RE:RE:RE:Antibody-Drug Conjugate (ADC) developments

RE:RE:RE:Antibody-Drug Conjugate (ADC) developments November 08, 2024 - Over the first half of this year, Daichi Sanyo/Astrazeneca's ADC Enhertus sales stalled out with $893 million in combined sales collected over the second quarter, marking a sequential increase of only 1.6%. AstraZeneca blamed the slowdown partly on a destocking dynamic in China following an inventory buildup in the first quarter.

Meanwhile in England, the country’s National Institute for Health and Care Excellence (NICE) in July turned away Enhertu’s price offering, finding that it falls “above the upper end of the range NICE considers an acceptable use" of NHS England’s resources. That means that about 1,000 patients in England and Wales won’t be able to access the treatment.

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