USA News Group
Commentary
Issued on behalf of Oncolytics Biotech
Inc.
VANCOUVER, BC, Feb. 27,
2025 /PRNewswire/ -- USA News Group News Commentary –
Now that World Cancer Day (Feb. 4)
has come and gone, the world and the market are looking towards
what's being discussed among oncology experts around the world.
Recently, the New York Times put
out a report asking big questions about cancer and its treatments,
including about the impact of pollution (including microplastics)
on cancer rates, genetic mutations, and inflammation. In the UK,
The Guardian reported research showing a need for further
studies into air pollution as lung cancer diagnoses are on the rise
among never-smokers worldwide. As well, experts are sounding the
alarm as colorectal cancer rates have skyrocketed among young
people. Another report found that the EU is lagging behind the
USA in oncology innovation. Among
the innovators working diligently for more breakthroughs, recent
developments have come from Oncolytics Biotech Inc. (NASDAQ:
ONCY) (TSX: ONC), Celcuity Inc. (NASDAQ: CELC), Genenta
Science SPA (NASDAQ: GNTA), Sellas Life Sciences Group,
Inc. (NASDAQ: SLS), and Amgen Inc. (NASDAQ: AMGN).
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The article continued: The Center for Innovation and
Translation of Point of Care Technologies for Equitable Cancer Care
(CITEC) has launched a global initiative to support new
projects aimed at improving cancer detection technologies.
According to DelveInsight Business Research, the global
cancer therapy market is projected to expand at a compound annual
growth rate (CAGR) of 9.12%, reaching an estimated value of
$285.96 billion by 2030.
Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), a
leading clinical-stage company specializing in immunotherapy for
oncology, recently shared data from its GOBLET study at the
ASCO GI symposium. Oncolytics' presentations
highlighted pelareorep, an innovative immunotherapy that trains the
immune system to target cancer by turning "cold" tumors—typically
resistant to treatment—into "hot" tumors that respond better to
therapy.
The presentations build upon Oncolytics' momentum so far
in 2025, as the company also recently announced a key regulatory
approval clearing a path to advance its promising pancreatic
treatment offering (pelareorep in combination with mFOLFIRINOX with
or without atezolizumab) in newly diagnosed pancreatic
adenocarcinoma (PDAC) patients. Following a positive safety review,
Oncolytics Biotech is getting closer to full enrolment of
Cohort 5 of the GOBLET study.
At the ASCO GI event, Oncolytics shared that in
relapsed anal cancer, 4 out of 12 evaluable patients achieved a
partial response for a response rate of 33%, and one patient
achieved a remarkable complete response, meaning their cancer
became undetectable and remained so for over 15 months. To put this
into perspective, similar treatments typically achieve response
rates of only 10-24%. This underscores pelareorep's potential to
deliver life-changing results in some of the toughest-to-treat
cancers.
"In relapsed anal cancer, the efficacy signal that was initially
reported continues to outperform historical control trials with the
inclusion of additional patients," said Thomas Heineman, M.D., Ph.D., Chief Medical
Officer for Oncolytics Biotech. "Importantly, the complete
response we observed previously continued beyond the 12 months
initially reported. Together, these results point to a clinically
meaningful synergy between pelareorep and checkpoint inhibitors
like atezolizumab."
In pancreatic cancer, pelareorep has also demonstrated strong
potential to improve outcomes for patients with this aggressive
disease. Oncolytics' ASCO GI presentation featured
new safety data showing that pelareorep can be combined with
modified FOLFIRINOX, another widely used chemotherapy regimen for
patients with pancreatic cancer.
"Our new safety data indicate its ability to also be combined
with modified FOLFIRINOX, thus expanding its potential to benefit
patients with metastatic pancreatic cancer," added Dr. Heineman.
"We will continue to provide updates on the safety and efficacy of
pelareorep-based combination therapy from these cohorts as they
become available."
This builds on prior results from the GOBLET study, where
pelareorep, combined with atezolizumab, gemcitabine, and
nab-paclitaxel, achieved a 62% objective response rate—more than
double historical averages of 25%. These findings were pivotal in
earning pelareorep FDA Fast Track designation in 2022,
highlighting its promise to fill the critical unmet need for more
effective pancreatic cancer therapies.
The ability to pair pelareorep with modified FOLFIRINOX
represents an important step forward in expanding treatment options
for metastatic pancreatic cancer. These results not only highlight
pelareorep's versatility but also its potential to enhance outcomes
across multiple standard-of-care therapies.
As Oncolytics Biotech advances its clinical programs and
prepares for potential pivotal studies, the growing body of
evidence continues to solidify pelareorep as a transformative
therapeutic option for patients in desperate need of effective
treatments.
CONTINUED… Read this and more news for Oncolytics Biotech
at:
https://usanewsgroup.com/2023/10/02/the-most-undervalued-oncolytics-company-on-the-nasdaq/
In other recent industry developments and happenings in the
market include:
Back in December, Celcuity Inc. (NASDAQ: CELC), a
clinical-stage biotechnology company pursuing development of
targeted therapies for oncology, announced overall survival (OS)
data from two patient cohorts evaluated in a Phase 1b trial with gedatolisib, a pan-PI3K/mTORC1/2
inhibitor, in combination with palbociclib and either letrozole or
fulvestrant, in patients with HR+, HER2-advanced or metastatic
breast cancer.
The recent study on advanced HR+, HER2- breast cancer looked at
overall survival in two groups: patients who had never received
treatment (41 people) and those whose cancer worsened despite prior
CDK4/6 inhibitor therapy (27 people). For those new to treatment,
the median survival was 77.3 months. Meanwhile, patients who had
previously been treated with a CDK4/6 inhibitor and received the
Phase 3 dose of gedatolisib had a median survival of 33.9
months.
"These results highlight the promising clinical development
strategy of simultaneously blocking the ER, CDK4/6, and PAM
(PI3K/AKT/mTOR) signaling pathways," said Igor Gorbatchevsky, MD,
Chief Medical Officer of Celcuity. "This approach provided
the rationale for our two Phase 3 clinical trials, the ongoing
VIKTORIA-1 and planned VIKTORIA-2, which are and will be evaluating
this treatment strategy in patients with HR+, HER2- advanced breast
cancer in the second- and first-line setting, respectively."
Genenta Science SPA (NASDAQ: GNTA), a biotech company
specializing in cancer-fighting cell therapies, has expanded its
partnership with AGC Biologics to boost its production
capabilities. The updated agreement gives Genenta exclusive
access to a high-quality manufacturing suite in Milan, ensuring its treatments meet strict
industry standards. This move aims to improve efficiency and
reliability in producing its cell therapy products. Meanwhile,
Genenta has launched a Phase 1/2a trial for metastatic renal
cell cancer (mRCC) and expects to treat six patients by mid-2025
while continuing its glioblastoma study. The company plans to
manufacture 27 personalized drug treatments in 2025.
"Our strengthened partnership with AGC Biologics
represents our unwavering commitment to patients participating in
our GBM and mRCC trials," said Pierluigi Paracchi, CEO and
Co-founder of Genenta. "This enhanced capacity ensures that
we can treat a larger number of patients and further validate our
therapeutic approach, bringing us closer to our vision of
transforming cancer treatment through cell-based therapies."
Sellas Life Sciences Group, Inc. (NASDAQ: SLS), a biotech
company developing cancer treatments, recently announced that an
independent committee has reviewed interim results from its Phase 3
trial of galinpepimut-S (GPS) for acute myeloid leukemia (AML). The
review, triggered after 60 patient deaths, confirmed that the trial
can continue as planned, showing early signs of effectiveness. The
next and final analysis will occur after 80 patient deaths,
expected later this year, to determine GPS's full potential in
treating AML.
"Based on all available data, we believe that GPS could become a
transformative treatment option for AML, offering hope to patients
with limited choices, especially those with relapsed or refractory
disease," said Angelos Stergiou, MD,
ScD hc, President and CEO of SELLAS. "We look forward to
completing the trial with the final analysis to be conducted once
80 events are reached."
Amgen Inc. (NASDAQ: AMGN) recently received FDA
approval for its drug LUMAKRAS® (sotorasib) in combination with
Vectibix® (panitumumab) to treat adults with a specific type of
advanced colorectal cancer (KRAS G12C-mutated mCRC). This approval
is based on the Phase 3 CodeBreaK 300 study, which showed that this
drug combination significantly improved progression-free survival
(how long patients lived without their cancer worsening) compared
to standard treatments. Patients taking the higher dose of LUMAKRAS
with Vectibix saw a median progression-free survival of 5.6 months
versus just 2 months with traditional treatments. The combination
also led to a 26% response rate, meaning tumors shrank in some
patients, while standard treatments showed no response.
Though the study was not designed to measure overall survival
conclusively, the combination therapy showed promising results.
Side effects were mostly mild to moderate and included rash, dry
skin, diarrhea, and fatigue. KRAS G12C mutations occur in about
3-5% of colorectal cancers, and this approval highlights the
importance of biomarker testing to match patients with the right
treatments.
"There is an immense need for continued innovation and precision
medicine to help address metastatic colorectal cancer," said
Michael Sapienza, CEO of the
Colorectal Cancer Alliance. "This new combination approach
is an important breakthrough for patients with KRAS G12C-mutated
metastatic colorectal cancer, offering a new beneficial treatment
option for patients living with this devastating and challenging
disease."
Source:
https://usanewsgroup.com/2024/09/21/is-oncolytics-biotech-the-markets-most-undervalued-cancer-opportunity/
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