Oncotelic Therapeutics Inc Stock Price, News & Analysis

Oncotelic Therapeutics (OTCQB:OTLC) has published research indicating that high levels of TGFβ2 in pediatric brainstem tumors predict poor treatment outcomes. This study emphasizes the need for innovative approaches targeting TGFβ2 for enhanced treatment efficacy in Diffuse Intrinsic Pontine Glioma (DIPG), a notoriously aggressive pediatric cancer. With median survival around 10 months, current treatment options yield unsatisfactory results. Notably, OT-101, a TGFβ2 inhibitor, is advancing in clinical trials. The study has been added to the National Institute for Health and Care Research portfolio, highlighting its significance in addressing pediatric cancer treatment challenges.

Oncotelic Therapeutics, Inc. (OTCQB:OTLC) announced the initiation of a second investigator-initiated study for non-small cell lung cancer, collaborating with the Fred Hutchinson Cancer Center and a major pharmaceutical company. This phase involves approximately 30 patients and utilizes the oligodeoxynucleotide OT-101 along with an FDA-approved anti-PD-L1 inhibitor. The company plans to start up to seven additional clinical studies in various oncology indications. OT-101 has shown promising results, receiving FDA orphan designation for rare diseases, including DIPG. Oncotelic is committed to addressing rare pediatric cancers and expanding its oncology portfolio.

Oncotelic Therapeutics (OTCQB:OTLC) announced the submission of a clinical study protocol to the FDA for a Phase 2b/3 trial (P201) of its TGF-β2 inhibitor, OT-101, targeting metastatic pancreatic cancer. This innovative therapy will be evaluated in combination with FOLFOX versus FOLFOX alone for patients who progressed after first-line treatment. OT-101 has shown promise in previous studies, achieving a 54% disease control rate among evaluable pancreatic cancer patients. The trial aims to address the increasing mortality rate associated with pancreatic cancer, which is projected to become the second leading cause of cancer-related deaths in the US by 2030.

Oncotelic Therapeutics (OTCQB:OTLC) has launched its new subsidiary, Pet2DAO, which aims to revolutionize governance through Decentralized Autonomous Organization (DAO) principles. Pet2DAO will focus on the animal health sector, leveraging a robust governance structure. Eligible Oncotelic shareholders with a minimum of 2000 shares as of April 1, 2023, will receive PDAO tokens, facilitating their participation in the DAO. The initiative aims to engage key opinion leaders and developers, while combining traditional corporate governance with blockchain innovations. This launch could significantly impact Oncotelic's market positioning as it seeks to embrace modern technological advances.

Oncotelic Therapeutics (OTLC) has made significant progress towards its IPO, enhancing its OT-101 immunotherapy program with plans for at least 10 investigator-initiated studies (IIS) in 2023. The company is actively developing its manufacturing capabilities and expanding into animal health through its subsidiary, Pet2DAO. Clinical trials for OT-101 in pancreatic and glioma cancers are advancing, showcasing promising results, such as a 55% long-term disease control rate in pancreatic cancer patients. Additionally, the company has successfully reduced R&D costs by over 95% while maintaining project expansion.

Oncotelic Therapeutics (OTLC) presented compelling evidence at the 12th AACR-JCA Joint Conference, confirming TGF-β2 as a crucial target for gliomas. Their retrospective analysis showed that high TGF-β2 levels correlate with decreased overall survival (OS). Notably, patients with reduced TGF-β2 levels experienced a dramatic OS increase: from 9 to 22 months in pediatric brainstem patients and from 25 to 94 months in glioma patients treated with TMZ or radiation (p<0.0001). This data reaffirms Oncotelic's commitment to developing therapies targeting TGF-β2, particularly after the failure of bintrafusp alfa.

Oncotelic Therapeutics (OTLC) recently shared presentation materials from the Society for Neuro-Oncology’s 27th Annual Meeting held from November 16-20, 2022. Notable abstracts included studies on OT-101, an antisense therapy targeting TGF-β2 for glioblastoma and pediatric diffuse intrinsic pontine glioma (DIPG). The company is advancing a Phase 1 study protocol for OT-101 in pediatric DMG, emphasizing the urgent need for new treatments in this area. The participation in the SNO meeting underscored the clinical promise of OT-101 and garnered interest from key opinion leaders in the field.

Oncotelic Therapeutics, Inc. (OTCQB:OTLC) announced the release of presentation materials from the SITC 37th annual meeting held in Boston, discussing their OT-101 anti-TGF-β immunotherapy. Key stakeholders and opinion leaders were engaged, with plans for upcoming clinical studies emphasizing its efficacy against pancreatic cancer. OT-101 has completed multiple clinical trials, including those for COVID-19 and pediatric brain cancer (DIPG). The company is focused on improving treatment outcomes for rare diseases, including Parkinson's Disease and Erectile Dysfunction.

Oncotelic Therapeutics (OTLC) announced the submission of a Phase 1 clinical study protocol to the FDA for OT-101, a TGF-β2 inhibitor, aimed at treating pediatric patients with diffuse midline glioma (DMG). This open-label trial, G101, will assess the safety and tolerability of administering OT-101 via intraventricular injection. DMG is a highly aggressive brain tumor with a poor prognosis. OT-101 has previously shown activity in relapsed cancer cases and received orphan designation, indicating its potential to address unmet medical needs in pediatric oncology.