Oncolytics Biotech (TSE:ONC) has released an update.
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Oncolytics Biotech has announced positive results from its BRACELET-1 study for the pelareorep-based combination therapy in treating HR+/HER2- advanced or metastatic breast cancer, with significant improvements in overall survival rates and progression-free survival compared to chemotherapy alone. These findings bolster the company’s plans to secure funding for a pivotal registration-enabling study. The therapy’s potential was highlighted by the fact that over half of the patients treated with pelareorep were alive at the study’s conclusion, outperforming the control group.
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