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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 25, 2024 6:56pm
66 Views
Post# 36330131

RE:RE:RE:Pancreatic surgeon Dr. Marty Makary appointed head of FDA

RE:RE:RE:Pancreatic surgeon Dr. Marty Makary appointed head of FDA... neither Peter Marks, director of the FDA’s Center for Biologics Evaluation and Research (CBER), nor [ Jefferies] analysts anticipate major changes to the FDA’s oversight of therapeutics. “We do not see fundamental impacts to the Agency’s stance on the majority of biotech innovation (non-vaccines) and especially to key areas of unmet need including rare and orphan diseases, oncology, inflammation/autoimmune, and others,” Jefferies wrote.

"
Marks similarly noted that he does not anticipate changes to the regulation of other drug classes overseen by CBER, including gene and cell therapies, and given that uptake of the COVID vaccines is already low, any potential impact of the new administration on vaccine usage will likely be limited."

https://www.biospace.com/policy/trumps-team-of-self-promoters-will-make-for-great-reality-tv-but-an-uncertain-biopharma-environment
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