24/7 Market News Snapshot 29 September, 2025 – Oncolytics Biotech, Inc. Common Shares (NASDAQ:ONCY)
DENVER, Colo., 29 September, 2025 (www.247marketnews.com) – (Nasdaq:ONCY) are discussed in this article.
Oncolytics Biotech, Inc. (Nasdaq:ONCY) has demonstrated significant market momentum, with shares opening at $1.33 and reaching $1.41, marking a 9.30% increase from the prior session’s close. This uptick, accompanied by a trading volume of 1.27 million shares, indicates heightened investor interest, suggesting a potential bullish sentiment around the company. Analysts are encouraged to observe resistance levels and broader market trends as they assess future entry points or potential retracements.
In tandem with its market performance, Oncolytics has provided a promising update on its registration-directed clinical trial for pelareorep, an innovative immunotherapy aimed at treating first-line pancreatic ductal adenocarcinoma (PDAC). The company plans to engage with the U.S. Food and Drug Administration (FDA) in mid-November 2025 to finalize trial design details. The trial will incorporate a robust three-arm structure, comparing a control group receiving gemcitabine with nab-paclitaxel against regimens including pelareorep alone or in combination with a checkpoint inhibitor (CPI). The primary endpoint will focus on overall survival, employing a statistically rigorous framework to assess the efficacy of the investigational treatments.
Recent analyses have suggested that pelareorep, when administered alongside chemotherapy, may enhance survival outcomes, indicating a two-year survival rate of 22%, significantly higher than the historical rate of 9% for chemotherapy alone.
Jared Kelly, Chief Executive Officer of Oncolytics, expressed enthusiasm about the upcoming trial, highlighting its potential to deliver pivotal data that could pave the way for regulatory approval of pelareorep as an immunotherapy for pancreatic cancer. The company remains committed to advancing pelareorep’s development and exploring strategic partnerships aimed at maximizing its therapeutic potential across various cancer indications.
Related news for (ONCY)
- Oncolytics Biotech® Announces Update for Potential First-Line Pancreatic Cancer Registration Study
- Oncolytics Biotech® Provides Update on GOBLET Study Progress and U.S. Site Expansion
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