On Air Now

Tune in to Listen

99.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
37° Feels Like: 37°
Wind: SSE 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 73°

Tonight

Partly Cloudy 51°

Tomorrow

Mostly Cloudy 70°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Oncolytics lung cancer drug shrinks tumors in 92 percent of patients in trial

(Reuters) - Oncolytics Biotech Inc said its cancer drug Reolysin reduced the size of tumors in 92 percent of lung cancer patients in a mid-stage trial.

The company's shares rose as much as 22 percent to $3.22 in trading before the bell.

The drug was tested on patients suffering from advanced squamous cell carcinoma of the lung. It was used intravenously in combination with chemotherapy drugs carboplatin and paclitaxel.

"Squamous cell carcinoma of the lung is notoriously difficult to treat, and these results support further investigation of Reolysin in randomized clinical trials for this indication," Chief Executive Brad Thompson said in a statement on Monday.

Squamous cell carcinomas account for 25 percent to 30 percent of all lung cancers, according to the American Cancer Society.

Final progression-free survival and safety data for the study will be reported later in the year, the Calgary-based company said.

(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Ted Kerr)

Comments