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Oncolytics Biotech® Appoints Former Ambrx Executive as Chief Business Officer to Drive Business Development Strategy
Prnewswire· 2025-06-30 11:00
SAN DIEGO and CALGARY, Alberta, June 30, 2025 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced the appointment of Andrew Aromando as Chief Business Officer.Mr. Aromando most recently served as Chief Operating Officer at Ambrx Biopharma, where his contributions were instrumental in the $2 billion acquisition of the San Diego-based biotech by Johnson & Johnson. In his role at Oncolytics, Mr. Aromand ...
Oncolytics Biotech® Names New CEO to Accelerate Momentum in Immunotherapy Programs
Prnewswire· 2025-06-11 11:00
SAN DIEGO and CALGARY, AB, June 11, 2025 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced the appointment of Jared Kelly as Chief Executive Officer and a member of its Board of Directors.Mr. Kelly is a successful biotech executive who has proven expertise in transformative deals and corporate strategy. Most recently, he played a central role in orchestrating the sale of Ambrx Biopharma to Johnson ...
Oncolytics Biotech® to Present New Clinical Trial Data at ASCO Showing Pelareorep's Unique Immune Activation Capabilities
Prnewswire· 2025-05-23 11:00
Pelareorep initiates a pro-inflammatory tumor microenvironment (TME) and induces innate and adaptive immune responsesNew analyses confirm that pelareorep primes the TME to allow circulating tumor-infiltrating lymphocytes (TILs) in the blood to attack tumorsPre-existing TIL clones in plasma may correlate positively with tumor shrinkage in pancreatic cancerSAN DIEGO and CALGARY, AB, May 23, 2025 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing i ...
Oncolytics Biotech (ONCY) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:32
Oncolytics Biotech (ONCY) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Jon Patton - Director, IR & CommunicationWayne Pisano - Interim CEO & Chairman of the BoardThomas Heineman - Chief Medical OfficerChristophe Degois - VP, Business DevelopmentKirk Look - Chief Financial OfficerPatrick Trucchio - Managing Director Conference Call Participants Michael Freeman - Equity Research Analyst - Healthcare Operator Good afternoon, and welcome to OnClinic's Biotech's First Quarter Conference Ca ...
Oncolytics Biotech (ONCY) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:30
Oncolytics Biotech (ONCY) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to OnClinic's Biotech's First Quarter Conference Call. All participants are now in listen only mode. There will be a question and answer session at the end of this call. Please be advised that this call is being recorded at the company's request. I would now like to turn the call over to John Pattern, Director of Investor Relations and Communication. Please go ahead. Speaker1 Thank you, operator. To ...
Oncolytics Biotech® Reports First Quarter Financial Results and Highlights Clinical Momentum
Prnewswire· 2025-05-14 20:01
American Society of Clinical Oncology (ASCO) GI Symposium data underscores pelareorep's clinical benefit in anal and pancreatic cancersPelareorep featured in Key Opinion Leader event on oncolytic immunotherapies in breast and pancreatic cancersPoster on pelareorep's stimulation of adaptive and innate immunity to be shared at ASCO Annual MeetingConference call and webcast today at 4:30 p.m. ET to discuss Q1 results and clinical outlookSAN DIEGO, Calif. and CALGARY, AB, May 14, 2025 /PRNewswire/ -- Oncolytics ...
With Young Adult Cancer on the Rise, New Therapies Spark Investor Buzz
Prnewswire· 2025-04-14 14:10
Equity Insider News CommentaryIssued on behalf of Oncolytics Biotech Inc.VANCOUVER, BC, April 14, 2025 /PRNewswire/ -- Equity Insider News Commentary – Routine medical appointments or cancer screenings—critical for catching the disease in earlier, more treatable stages—has dropped to just over 50% of the population. At the same time, doctors are raising alarm bells over a noticeable increase in cancer diagnoses among younger adults, especially women. With proposed funding cuts to the NIH now on the table an ...
Oncolytics Biotech® Funds Pelareorep's Ongoing Clinical Development with a Share Purchase Agreement in Partnership with Alumni Capital
Prnewswire· 2025-04-10 22:09
Core Viewpoint - Oncolytics Biotech Inc. has entered into a share purchase agreement with Alumni Capital LP to secure up to US$20 million in funding, aimed at advancing its immunotherapy candidate, pelareorep, while minimizing shareholder dilution [1][2]. Funding Agreement Details - The agreement allows Oncolytics to sell up to US$20 million worth of common stock over a 15-month period, with sales prices based on market conditions at the time of each sale [2]. - Oncolytics retains control over the timing and amount of stock sales, with no associated warrants or derivatives [2]. - The company issued 816,326 commitment shares to Alumni and may issue an additional 816,326 shares upon delivery of purchase notices [2]. Regulatory Approvals - The common shares to be issued under the agreement have received conditional approval for listing on the Toronto Stock Exchange (TSX) [3]. - Required notices related to the share purchase agreement have been filed with Nasdaq [3]. Company Overview - Oncolytics is a clinical-stage biotechnology company focused on developing pelareorep, an immunotherapeutic agent that has shown promising results in treating metastatic breast cancer and pancreatic cancer [8]. - Pelareorep works by inducing anti-cancer immune responses and converting "cold" tumors into "hot" tumors, enhancing treatment efficacy [8]. - The company is planning combination clinical trials with pelareorep and has received Fast Track designation from the FDA for its studies in metastatic breast cancer and pancreatic cancer [9].
Oncolytics Biotech® and Pelareorep Discussed During Recent H.C. Wainwright Key Opinion Leader Event on Oncolytic Immunotherapies in Breast and Pancreatic Cancers
Prnewswire· 2025-04-10 11:00
Core Insights - Oncolytics Biotech Inc. is a clinical-stage biotechnology company focused on immunotherapy for oncology, specifically developing pelareorep, which has shown promising results in treating metastatic breast cancer and pancreatic cancer [5][6]. Group 1: Company Overview - Oncolytics Biotech Inc. specializes in developing pelareorep, an intravenously delivered immunotherapeutic agent that induces anti-cancer immune responses [5]. - Pelareorep has demonstrated efficacy in two randomized Phase 2 studies for metastatic breast cancer and Phase 1 and 2 studies for pancreatic cancer [5]. - The company is advancing towards registrational studies in both metastatic breast cancer and pancreatic cancer, which have received Fast Track Designation from the FDA [6]. Group 2: Treatment Innovations - Key opinion leaders discussed the need for new treatment innovations in oncology, particularly for HR+/HER2- metastatic breast cancer, highlighting pelareorep's potential to activate the immune system [2]. - Insights were provided on the treatment of pancreatic ductal adenocarcinoma (PDAC), emphasizing the resistance of this cancer type to current treatments and the potential impact of immunotherapy like pelareorep [3]. Group 3: Clinical Trials and Synergies - Oncolytics is conducting and planning combination clinical trials with pelareorep in solid malignancies, indicating a strategic approach to enhance treatment efficacy [6]. - Pelareorep has shown synergies with multiple approved oncology treatments, suggesting its potential to be integrated into existing therapeutic regimens [6].
Why the Global Cancer Market Could Surpass $900 Billion--And the Stocks Leading the Charge
Prnewswire· 2025-03-08 12:33
Industry Overview - The global cancer crisis is escalating, with a projected 20% increase in annual cases by 2030 and a 75% increase by 2050 according to Statista data [1] - Breast cancer cases are expected to rise by nearly 40% by 2050 as reported by the World Health Organization [1] - The Global Oncology Market is projected to exceed US$903.81 billion by 2034, growing at a CAGR of 10.9% [2] Company Developments - Oncolytics Biotech Inc. has released its Q4 and full-year 2024 financial results, focusing on its lead drug, pelareorep, which is an immunotherapy aimed at enhancing the immune system's ability to target cancer cells [3] - The company is prioritizing HR+/HER2- metastatic breast cancer, with two randomized trials showing substantial clinical benefits for patients receiving pelareorep combined with paclitaxel compared to paclitaxel alone [4] - Data from the BRACELET-1 trial indicated that patients receiving the combination therapy had improved survival and treatment response, which could support an accelerated FDA approval submission [4] Clinical Trials and Efficacy - Oncolytics is also advancing in treating pancreatic cancer and anal carcinoma, with promising efficacy signals for pelareorep [5] - At the 2025 ASCO Gastrointestinal Cancers Symposium, new data showed a 33% response rate in anal cancer patients treated with pelareorep and atezolizumab, with one patient achieving a complete response lasting over 15 months [6] - The company has cleared a critical safety review for its pancreatic cancer study, allowing it to progress to the next phase [7] Financial Position - Oncolytics reported a cash position of $15.9 million at the end of 2024, providing sufficient funds to continue its clinical development strategy through Q3 2025 [9] - The company is managing its spending strategically to ensure key trials remain funded, with stable research and development expenses compared to the previous year [9] Future Outlook - Several transformative catalysts are anticipated, including the initiation of a registration-enabling study in breast cancer and new pancreatic cancer data expected later in the year [10] - The upcoming months are critical for Oncolytics as it aims to bring pelareorep to market, with strong clinical results and regulatory support positioning the company for potential accelerated approval [11]