Clinical Trial ProgressThe ongoing Phase 1/2 GOBLET basket study for pelareorep in gastrointestinal cancers shows promising progress, with full enrollment expected in 2026 for the pancreatic cancer arm.
Market PositionOncolytics Biotech's stock has surged over 230% since early June, attributed to internal changes like a new CEO and a streamlined strategy for pelareorep, as well as external factors such as increased activity in the oncolytic virus space.
Regulatory ApprovalThe FDA endorsed all key elements of the pivotal design, including the survival-based primary endpoint, statistical framework, and the flexibility to run a two-arm or three-arm study.