Non-consolidated Financial Results for the Three Months Ended March 31, 2023

On May 12, 2023 Oncolys BioPharma reported that non-consolidated Financial Results for the Three Months Ended March 31, 2023 (Press release, Oncolys BioPharma, MAY 12, 2023, View Source [SID1234632948]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


Consolidated Financial Results for the First Quarter of the Fiscal Year Ending December 31, 2023

On May 12, 2023 Otsuka reported its Consolidated Financial Results for the First Quarter of the Fiscal Year Ending December 31, 2023 (Press release, Otsuka, MAY 12, 2023, View Source [SID1234632880]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


Quarterly statement first quarter 2023

On May 12, 2023 Evotec reported its quarterly statement first quarter 2023 (Filing, 3 mnth, MAR 31, Evotec, 2023, MAY 12, 2023, View Source [SID1234631876]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


Termination of a Material Definitive Agreement

As previously disclosed, on April 1, 2022, Oncorus, Inc. (the "Company") entered into a Loan and Security Agreement with K2 HealthVentures LLC, as lender and administrative agent, and Ankura Trust Company, LLC, as collateral agent for the lender (the "Loan Agreement"), which enabled the Company to borrow up to an aggregate of $45.0 million of principal in loan terms upon the achievement of certain time-based and regulatory milestones. The Company borrowed the first tranche of $20.0 million under the Loan Agreement concurrently with its execution (Filing, 8-K, Oncorus, DEC 12, 2023, View Source [SID1234631851]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

On May 12, 2023, the Company paid in full all of its outstanding obligations and other fees due under the Loan Agreement, consisting of $20.0 million in principal and approximately $1.6 million of accrued interest and related fees and expenses. Following the repayment, the Loan Agreement was terminated in its entirety.

IntraOp Announces First Randomized Phase II Selection Trial of FLASH Versus Conventional Radiotherapy for Patients with Localized Carcinomas

On May 12, 2023 IntraOp Medical Corporation announced the world’s first Phase II Electron FLASH Trial. It marks the first time a randomized trial will compare FLASH radiotherapy* to conventional radiotherapy in treating nonmelanoma skin cancer (NMSC) (Press release, IntraOp Medical, MAY 12, 2023, View Source [SID1234631614]). It is the second clinical human trial to use the IntraOp Mobetron electron-based linear accelerator (LINAC).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Conducted by leading FLASH researchers from the University Hospital of Lausanne (CHUV) in Switzerland, the study will focus on the safety and efficacy of local tumor control rates in patients with localized cutaneous squamous cell or basal cell carcinomas. Investigators will compare the toxicity and efficacy of Ultra-High Dose Rate (UHDR) radiotherapy (FLASH therapy) to standard of care (SOC) conventional radiotherapy in two different irradiation schemes: 22Gy single dose radiotherapy as well as 5 x 6Gy fractionated dose administered in less than two weeks. Patient enrollment is ongoing.

"This feels like a breakthrough moment in our collective study of the role and effectiveness of FLASH radiotherapy as compared to standard of care radiotherapy. This trial is another important step in the feasibility of FLASH for clinical treatment," said Prof J Bourhis, head of CHUV Radiation Oncology Department.

FLASH is a pre-clinical treatment modality that delivers radiation therapy at ultra-high dose rates within microseconds. Prior studies indicate lower toxicity, the sparing of healthy tissue delivered in less time than traditional radiotherapy, and fewer required fractionations. Pre-clinical testing has demonstrated that FLASH radiotherapy may provide biological benefits and improve the therapeutic index by producing a protective effect for normal tissue.

"Our partners at CHUV are once again boldly leading the charge toward FLASH, and we couldn’t be more excited that Mobetron will continue to play a critical role," said Sanjay Arora, CEO at IntraOp. "This study represents a milestone in patient treatment using radiotherapy with electrons and reveals the future of patient care."

CHUV leads innovation by offering international and in-house clinical trials dedicated to treating patients with the latest advancements in medicine. The main investigators for the study include O. Gaide, R. Kinj, W. Jeanneret, F. Duclos, R. Moeckli, P. Jorge, and J. Bourhis. Together, they represent CHUV as a multidisciplinary team from its Department of Radiation Oncology, Radiation Oncology Laboratory, Institute of Radiation Physics, and Department of Dermatology within Lausanne University Hospital and University of Lausanne, Switzerland.

*Ultra-High Dose Rate (UHDR) functionality for FLASH Radiotherapy is for investigational use only and is not cleared for sale by the US FDA.