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Oncolytics Biotech Inc. (symbol: ONCY) is a pioneering biotechnology company dedicated to the development of oncolytic viruses as innovative cancer therapeutics. Their flagship product, pelareorep, is a unique immunotherapeutic agent designed to harness the power of the human reovirus to enhance the body's immune response against cancer. Pelareorep has shown promising potential in making tumors more responsive to a variety of oncology treatments by promoting an inflamed tumor phenotype.
The company's robust clinical development pipeline includes multiple human trials targeting some of the most prevalent cancers, such as breast, gastrointestinal, and pancreatic cancers. Notably, Oncolytics is conducting a Phase III trial for head and neck cancers and has several ongoing trials in advanced stages, including the GOBLET study, which explores the efficacy of pelareorep in combination with different chemotherapy regimens.
In breast cancer, Oncolytics is advancing towards registration-enabling studies for HR+/HER2- metastatic breast cancer, supported by compelling data from the BRACELET-1 and IND-213 randomized studies. The company is also making significant strides in pancreatic cancer research, recently receiving a US$5 million grant from the Pancreatic Cancer Action Network (PanCAN) for a new Phase 1/2 cohort in the GOBLET study, assessing pelareorep in combination with modified FOLFIRINOX and atezolizumab (Tecentriq®).
Financially, Oncolytics is well-positioned with a strong balance sheet and ongoing support from strategic partnerships and grants. The company’s collaborations with leading research institutions and oncology networks enhance its clinical programs and accelerate the development of pelareorep as a versatile cancer therapy. Oncolytics continues to innovate and push the boundaries of cancer treatment, aiming to bring new hope to patients worldwide.
Oncolytics Biotech reported significant progress in its clinical trials and financial health for Q2 2021. The AWARE-1 trial achieved its primary endpoint, showing that pelareorep synergizes with checkpoint inhibitors, enhancing survival metrics in breast cancer. Additionally, proof-of-concept data in metastatic pancreatic cancer indicates broad applicability across tumor types. The company maintains a strong financial position with $50.8 million in cash, supporting ongoing trials and strategic partnerships.
Oncolytics Biotech (NASDAQ: ONCY) announces its participation in the Canaccord Genuity 41st Annual Growth Conference, scheduled for August 10-12, 2021. Dr. Matt Coffey, CEO, will present on August 12 at 1:30 p.m. EDT. The event includes one-on-one investor meetings, and a live webcast will be available on Oncolytics' Investor Relations page, archived for 90 days. The company develops pelareorep, an immunotherapeutic agent aimed at treating various cancers by inducing immune responses. For more information, visit their website.
Oncolytics Biotech (NASDAQ: ONCY) will hold a conference call on August 6, 2021, at 8:00 a.m. ET to discuss the second quarter financial results and corporate updates. The call will be accessible via a toll-free number and will also be available through a webcast for three months. The biotechnology company is focused on developing pelareorep, an immunotherapeutic agent that induces anti-cancer immune responses. This agent is currently in clinical trials for various cancers, including a registration study in metastatic breast cancer.
Oncolytics Biotech Inc. (NASDAQ: ONCY) announced it will present at the Ladenburg Thalmann Healthcare Conference on July 14, 2021, at 4:30 PM Eastern Daylight Time. Dr. Matt Coffey, President & CEO, will lead the presentation. A live webcast will be available on the company's Investor Relations page and archived for 90 days. Oncolytics is developing pelareorep, an immunotherapeutic agent aimed at treating various cancers by inducing immune responses. The company is also engaging in one-on-one investor meetings during the conference.
Oncolytics Biotech (NASDAQ: ONCY) announced a promising clinical proof-of-concept for its pelareorep-checkpoint inhibitor combination therapy in pancreatic cancer. The phase 2 trial, featuring pembrolizumab (KEYTRUDA), showed a 42% disease control rate among patients who had progressed after first-line treatment. The results will be presented at the ASCO Annual Meeting in June 2021. Key findings highlight enhanced T cell activation and well-tolerated treatment. Oncolytics plans to further develop this therapy in collaboration with Roche through the GOBLET study.
Oncolytics Biotech Inc. (NASDAQ: ONCY) will participate in a virtual fireside chat at the 2021 RBC Capital Markets Global Healthcare Conference on May 19, 2021, at 5:25 pm ET. Dr. Matt Coffey, President & CEO, will present, with a live webcast available on the company’s Investor Relations page. The conference runs from May 18-20, 2021, featuring one-on-one investor meetings. Oncolytics is developing pelareorep, an immuno-oncolytic virus aimed at treating various cancers, including in combination with checkpoint inhibitors. For more details, visit Oncolytics' website.
Oncolytics Biotech announced the voting results from its Annual General Meeting held on May 7, 2021, with 41.41% of shares represented. All seven nominated directors were elected, receiving significant support: Deborah M. Brown (82.43%), Matthew C. Coffey (79.86%), and others exceeding 79% approval. Shareholders also approved resolutions relating to the number of directors and auditor appointments. Oncolytics continues to develop pelareorep for cancer treatment, highlighting ongoing clinical trials and strategic plans for a phase 3 registration study in metastatic breast cancer.
Oncolytics Biotech (NASDAQ: ONCY) reported solid clinical progress and financial results for Q1 2021. Key highlights include the successful achievement of primary endpoints in the AWARE-1 trial and strong preclinical data supporting pelareorep's synergy with various immunotherapeutic agents, including CAR T therapies. With over $50 million in cash, the company expects a cash runway through Q4 2022. The Phase 2 BRACELET-1 trial remains on track for full enrollment in Q4 2021, supporting the potential for enhanced breast cancer treatments.
Oncolytics Biotech (NASDAQ: ONCY) announces its upcoming 2021 Annual General Meeting, scheduled for May 7, 2021, at 12:00 p.m. ET. The meeting will be held virtually to ensure the safety of employees and shareholders. Shareholders are encouraged to vote by proxy before the May 5 deadline. Following the meeting, Oncolytics will provide a corporate update and discuss its first quarter 2021 financial results. The event will be accessible online. For detailed instructions on attending and voting, participants can refer to the company's Management Information Circular.
Oncolytics Biotech announced the acceptance of an abstract for its pancreatic adenocarcinoma trial at the 2021 ASCO Annual Meeting, scheduled virtually from June 4-8, 2021. The abstract, titled Treatment with pembrolizumab in combination with the oncolytic virus pelareorep promotes anti-tumor immunity in patients with advanced pancreatic adenocarcinoma, will be presented as an electronic poster.
Publication of the abstract will occur on May 19, 2021, while the poster will be available on June 4, 2021. Oncolytics continues to develop pelareorep, targeting various cancers and preparing for a phase 3 trial in metastatic breast cancer.
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