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Bullboard - Stock Discussion Forum 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... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > ONCY presents 2 posters at ASCO 2024
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Post by Noteable on May 25, 2024 9:33am

ONCY presents 2 posters at ASCO 2024

Oncolytics Biotech ® Inc., ($ONCY $ONC) a leading clinical-stage company specializing in immunotherapy for oncology, presented two abstracts at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting.

One is a trial-in-progress abstract discussing cohort 5 of the GOBLET study, which will evaluate the combination of pelareorep and modified FOLFIRINOX (mFOLFIRINOX) with and without atezolizumab in newly diagnosed metastatic pancreatic ductal adenocarcinoma (PDAC) patients.

The second describes pelareorep’s ability to induce the expansion of tumor-infiltrating lymphocytes (TILs) across multiple cancers and the correlation between TIL expansion and tumor response. The ASCO annual meeting will take place from May 31 – June 4, 2024, in Chicago, Illinois.

“The two abstracts that we are sharing at ASCO this year are in synch with our mission of advancing pelareorep towards registrational trials.

The first abstract outlines the design of a new GOBLET PDAC cohort that could significantly expand the potential of the company’s pancreatic cancer program,” said Dr. Matt Coffey, President and Chief Executive Officer of Oncolytics. “The chemotherapy regimens of mFOLFIRINOX and gemcitabine/nab-paclitaxel are the two most common standards of care in metastatic pancreatic cancer.

We previously reported that the combination of pelareorep, gemcitabine, nab-paclitaxel, and atezolizumab yielded tumor response rates nearly triple historical results. Should the combination of pelareorep and mFOLFIRINOX produce a similarly positive outcome, an even broader range of metastatic PDAC patients may benefit from pelareorep-based therapy. This cohort is being funded by a US$5 million grant in the form of the Therapeutic Accelerator Award from the Pancreatic Cancer Action Network (PanCAN). We anticipate enrollment in this cohort will begin this quarter.”

Thomas Heineman, MD, PhD, Chief Medical Officer of Oncolytics stated, “Pelareorep stimulates a proinflammatory response that primes tumors for immunologic killing and also activates both innate and adaptive immune responses.

Our second ASCO abstract provides additional support for pelareorep’s immunotherapeutic mechanism of action by describing its ability to stimulate the expansion of pre-existing and new TIL clones in the blood, which correlate with treatment response. These results build upon previously reported data from the AWARE-1 study in breast cancer to expand our understanding of pelareorep’s immune-based mechanism of action, and it supports further investigation of TIL expansion as a potential biomarker of clinical activity in patients treated with pelareorep.” 
 

Oncolytics Biotech ASCO Abstracts Highlight Pelareoreps Potential in Pancreatic Cancer and Immunotherapeutic Mechanism of Action
  • Trial-in-progress abstract highlights new cohort that could expand the company’s pancreatic cancer program

 

  • Pelareorep’s ability to expand TILs highlights its immunotherapeutic mechanism of action and potential as a backbone immunotherapy for multiple indications

  

San Diego, CA and Calgary, AB –  May 24, 2024 – Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing in immunotherapy for oncology, presented two abstracts at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting. One is a trial-in-progress abstract discussing cohort 5 of the GOBLET study, which will evaluate the combination of pelareorep and modified FOLFIRINOX (mFOLFIRINOX) with and without atezolizumab in newly diagnosed metastatic pancreatic ductal adenocarcinoma (PDAC) patients. The second describes pelareorep’s ability to induce the expansion of tumor-infiltrating lymphocytes (TILs) across multiple cancers and the correlation between TIL expansion and tumor response. The ASCO annual meeting will take place from May 31 – June 4, 2024, in Chicago, Illinois.

 

“The two abstracts that we are sharing at ASCO this year are in synch with our mission of advancing pelareorep towards registrational trials. The first abstract outlines the design of a new GOBLET PDAC cohort that could significantly expand the potential of the company’s pancreatic cancer program,” said Dr. Matt Coffey, President and Chief Executive Officer of Oncolytics. “The chemotherapy regimens of mFOLFIRINOX and gemcitabine/nab-paclitaxel are the two most common standards of care in metastatic pancreatic cancer. We previously reported that the combination of pelareorep, gemcitabine, nab-paclitaxel, and atezolizumab yielded tumor response rates nearly triple historical results. Should the combination of pelareorep and mFOLFIRINOX produce a similarly positive outcome, an even broader range of metastatic PDAC patients may benefit from pelareorep-based therapy. This cohort is being funded by a US$5 million grant in the form of the Therapeutic Accelerator Award from the Pancreatic Cancer Action Network (PanCAN). We anticipate enrollment in this cohort will begin this quarter.”

 

Thomas Heineman, MD, PhD, Chief Medical Officer of Oncolytics stated, “Pelareorep stimulates a proinflammatory response that primes tumors for immunologic killing and also activates both innate and adaptive immune responses. Our second ASCO abstract provides additional support for pelareorep’s immunotherapeutic mechanism of action by describing its ability to stimulate the expansion of pre-existing and new TIL clones in the blood, which correlate with treatment response. These results build upon previously reported data from the AWARE-1 study in breast cancer to expand our understanding of pelareorep’s immune-based mechanism of action, and it supports further investigation of TIL expansion as a potential biomarker of clinical activity in patients treated with pelareorep.”

 

Details on the abstracts and poster presentation are shown below.

 

Title: Phase 1/2 randomized, open-label, multicenter, Simon two-stage study of pelareorep combined with modified FOLFIRINOX +/- atezolizumab in patients with metastatic pancreatic ductal adenocarcinoma.

Presentation Type: Poster

Abstract Number: TPS4203

Session Title: Gastrointestinal Cancer – Gastroesophageal, Pancreatic, and Hepatobiliary

Session Date and Time: June 1, 2024, 1:30 – 4:30 p.m. CT

 

A copy of the ASCO presentation will be available on the Media page of Oncolytics’ website (LINK) following the conclusion of the meeting.

 

Highlights from the GOBLET cohort 5 abstract and poster include:

  • The study utilizes a Simon two-stage design to evaluate patients with newly diagnosed metastatic PDAC.
  • In Stage 1, 15 evaluable patients per arm will be randomized to receive either: 1) pelareorep + mFOLFIRINOX, or 2) pelareorep + mFOLFIRINOX + atezolizumab.
  • The co-primary endpoints are objective response rate and safety. Secondary and exploratory endpoints include additional efficacy assessments (e.g., progression-free and overall survival), and biomarker evaluations.
  • If Stage 1 success criteria are met, one or both treatment arms may be expanded to Stage 2, in which 17 additional evaluable patients per arm will be enrolled.
  • Blood and tumor samples are being collected for translational evaluations.

 

Title: Pelareorep driven blood TIL expansion in patients with pancreatic, breast and colon cancer.

Presentation Type: Online abstract

Abstract Number: e14625

 

Highlights from the abstract include:

  • The presence and expansion of TILs are associated with a better prognosis and response to treatment in cancer patients.
  • Pelareorep treatment increased TIL expansion in the blood in all pancreatic, breast, and colorectal cancer patients evaluated after one cycle of treatment.
  • Pre-existing TIL clonal expansion in the blood appears to correlate with tumor responses in pancreatic cancer patients.
  • The addition of the PD-L1 inhibitor, avelumab, unlike atezolizumab, eliminated pre-existing TIL expansion in the blood and reduced pelareorep’s clinical activity.
  • These data suggest that pelareorep offers a simple, reliable, way to expand TILs to provide clinical benefit.

 

About GOBLET Cohort 5

The mFOLFIRINOX cohort of the Phase 1/2 GOBLET study is designed to evaluate newly diagnosed PDAC patients treated with pelareorep + mFOLFIRINOX with or without atezolizumab. There will be a three-patient safety run-in to evaluate the tolerability of each treatment arm: pelareorep + mFOLFIRINOX + atezolizumab and pelareorep + mFOLFIRINOX. A total of fifteen evaluable patients will be randomized to each arm in Stage 1 of this Simon-two stage study. The co-primary endpoints are objective response rate and safety. If Stage 1 success criteria are met, one or both treatment arms may be expanded to Stage 2 in which 17 additional evaluable patients per arm will be enrolled. Blood and tumor samples will also be collected for translational evaluations.

 

About GOBLET

The GOBLET (Gastrointestinal tumOrs exploring the treatment comBinations with the oncolytic reovirus peLarEorep and anTi-PD-L1) study is a phase 1/2 multiple indication study in advanced or metastatic gastrointestinal tumors. The study is being conducted at 12 centers in Germany and is being managed by AIO-Studien-gGmbH. The co-primary endpoints of the study are objective response rate (ORR) and/or disease control rate assessed at week 16 and safety. Key secondary and exploratory endpoints include additional efficacy assessments and evaluation of potential biomarkers (T cell clonality and CEACAM6). The study employs a Simon two-stage design with Stage 1 comprising five treatment groups:

 

  1. Pelareorep in combination with atezolizumab, gemcitabine, and nab-paclitaxel in 1st line advanced/metastatic pancreatic cancer patients;

 

  1. Pelareorep in combination with atezolizumab in 1st line MSI (microsatellite instability)-high metastatic colorectal cancer patients;

 

  1. Pelareorep in combination with atezolizumab and TAS-102 in 3rd line metastatic colorectal cancer patients;

 

  1. Pelareorep in combination with atezolizumab in 2nd line advanced and unresectable anal cancer patients; and

 

  1. Pelareorep in combination with mFOLFIRINOX with and without atezolizumab in newly diagnosed metastatic PDAC patients.

 

Any cohort meeting pre-specified efficacy criteria in Stage 1 may be advanced to Stage 2 and enroll additional patients.

 

About AIO

AIO-Studien-gGmbH (AIO) emerged from the study center of the medical oncology working group within the German Cancer Society (DKG). AIO operates with a non-profit purpose of promoting science and research with a focus on medical oncology. Since its foundation, AIO has become a successful sponsor and study management company and has established itself both nationally and internationally.

 

https://www.financialnewsmedia.com/news-oncy/

Comment by Noteable on May 25, 2024 11:58am
A primer on pancreatic cancer .... and current treatment options. https://www.cancer.gov/types/pancreatic/patient/pancreatic-treatment-pdq Stage IV (metastatic) pancreatic cancer has a five-year survival rate of 1 percent. The average patient diagnosed with late-stage pancreatic cancer will live for about one year after diagnosis. https://www.hopkinsmedicine.org/health/conditions-and-diseases ...more  
Comment by Noteable on May 25, 2024 12:40pm
As there had been no first line treatment for mPDAC, in February 2024 the FDA resorted to approving an already established chemotherapy combination treatment for this rare disease condition. Notwithstanding this approval, there still exists an unmet treatment need for novel, effective and more beneficial treatments in this rare disease, such as is provided by the immunotherpy combination of ...more  
Comment by Noteable on May 25, 2024 1:07pm
February 2024 - The Lancet -  Treatment of Metastatic Pancreatic Cancer: 25 years of innovation with little progress for patients   " Despite an explosion of clinical trials and multiple newly approved treatments over the past three decades, median survival for patients with metastatic pancreatic cancer remains less than 1 year. " https://www.thelancet.com/journals/lanonc ...more  
Comment by canadafan on May 25, 2024 2:59pm
Notice the professional Baskers, go away on the weekend.  They work extra hard all week, to discredit any good news.  The two recent abstracts, actually complicated in their own right,  That said, further details will be discussed after the formal presentation.  Being early June.  As well lots expected next few week 
Comment by Noteable on May 26, 2024 9:08am
May 24, 2024 - Regeneron Pharmaceuticals released underwhelming bispecific Phase I/II data on its ongoing bispecific antibody study in patients with advanced solid tumors.  REGN7075 is a costimulatory bispecific antibody that is intended to work by bridging CD28-positive T cells with tumor cells expressing the EGFR protein. This mechanism of action was thought to allow REGN7075 to ...more  
Comment by Noteable on May 26, 2024 9:40am
“The two abstracts that we are sharing at ASCO this year are in synch with our mission of advancing pelareorep towards registrational trials"  https://www.financialnewsmedia.com/news-oncy/ 1. Advancing to Registrational Study in HR+/HER2- mBC - Breast Cancer Registrational Trial Update Planned for H1 2024 - 2 year OS data milestone at end of May 2024 2. Registrational Plan in ...more  
Comment by laroplex on May 26, 2024 10:38am
These 2 posters ONCY is presenting on Saturday should be key to attracting that big Pharma partner we have all been waiting for(buy-out or partnership).....I got a gut feeling our s/p willl start to explode very very soon, possibly next week in anticipation(news should hit the wire sometime next week).....nonetheless, looking forward to ONCY presenting at ASCO...And btw Noteable, such a gift you ...more  
Comment by Buckhenry on May 26, 2024 3:09pm
I feel soooo  much better hearing for the 100th time that his stock is about to explode very very very very very soon. Got my finger on the buy button fir my new yacht.... cuddos  to unnoteable for all ur hard work cutting and pasting. 
Comment by Noteable on Jun 02, 2024 4:03pm
Pelareorep driven blood TIL expansion in patients with pancreatic, breast and colon cancer. Background: Tumor infiltrating lymphocytes (TILs) represent a major immunological tumor control mechanism that is associated with better prognosis in cancer. One emerging cancer treatment approach to leverage the therapeutic potential of TILs is the expansion and adoptive cell transfer of autologous TILs, ...more  
Comment by Noteable on Jun 02, 2024 4:26pm
In December 2023 ONCY presented results at the San Antonio Breast Cancer Symposium (SABC) that further supported the ASCO 2024 study results which demonstrated that patients treated with chemotherapy and atezolizumab, an anti-PD-L1 therapy, and intravenous treatment with pela (pelareorep), the total, new and pre-existing blood TIL expanded. These separate results have ...more  
Comment by Noteable on May 31, 2024 1:53pm
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