Genelux Corporation Announces First Patient Dosed in Phase 2 Trial Evaluating Systemic Therapy with Olvi-Vec in Non-Small Cell Lung Cancer
October 22 2024 - 4:01PM
Genelux Corporation (NASDAQ: GNLX), a late-stage clinical
immuno-oncology company, today announced that the first patient has
been dosed in the U.S.-based Phase 2 (VIRO-25) trial evaluating
systemically delivered Olvi-Vec in patients with recurrent
non-small cell lung cancer (NSCLC) who have failed frontline
platinum and immune checkpoint inhibitor (ICI) therapies.
"Today's milestone holds profound significance
for patients with recurrent non-small cell lung cancer who face
limited therapeutic options," said Thomas Zindrick, President, CEO
and Chairman of Genelux. "This Phase 2 trial, in addition to our
ongoing Phase 1b/2 trial evaluating intravenous delivered Olvi-Vec
in patients with recurrent small cell lung cancer, co-sponsored
with Newsoara Biopharma Co. Ltd., signifies the key advancement
of Olvi-Vec to potentially be an important systemically
administered oncolytic virus treatment option, setting the stage
for the future of this promising field."
The VIRO-25 clinical trial (NCT06463665), is an
open-label, randomized study in NSCLC designed to evaluate the
efficacy and safety of an intravenously delivered oncolytic
vaccinia virus, Olvi-Vec, followed by platinum-doublet chemotherapy
+ Physician's Choice of ICI compared with docetaxel in patients
with advanced or metastatic NSCLC who have shown first disease
progression while on front-line treatment or maintenance ICI
therapy after front-line treatment with platinum-doublet
chemotherapy + ICI as standard of care. Olvi-Vec’s previous data
suggests a manageable safety profile, and this trial looks to
further confirm the hypothesis that Olvi-Vec may resensitize to
platinum in multiple tumor types. Genelux expects interim data
readout in mid-2025.
About Olvi-VecOlvi-Vec is a
proprietary, modified oncolytic vaccinia virus, a stable DNA virus
with a large engineering capacity. Genelux is developing Olvi-Vec
for the treatment of multiple cancers based on the results of
preclinical studies that suggest Olvi-Vec has the potential to
infect and directly kill a wide range of tumor cell types in
vitro and in vivo and produce an anti-tumor immune
response. To date, Olvi-Vec has been administered to more than 150
patients in seven clinical trials. In these studies, Olvi-Vec was
observed to be generally well tolerated and the data provided
evidence of clinical benefit.
About Genelux
CorporationGenelux is a late-stage clinical
biopharmaceutical company focused on developing a pipeline of
next-generation oncolytic immunotherapies for patients suffering
from aggressive and/or difficult-to-treat solid tumor types. The
Company's most advanced product candidate, Olvi-Vec (olvimulogene
nanivacirepvec), is a proprietary, modified strain of the vaccinia
virus. Olvi-Vec currently is being evaluated in OnPrime/GOG-3076, a
multi-center, randomized, open-label Phase 3 registrational trial
evaluating the efficacy and safety of Olvi-Vec in combination
platinum-doublet + bevacizumab compared with physician's choice of
chemotherapy and bevacizumab in patients with
platinum-resistant/refractory ovarian cancer. The core
of Genelux's discovery and development efforts revolves
around its’ proprietary CHOICE™ platform from which the Company has
developed an extensive library of isolated and engineered oncolytic
vaccinia virus immunotherapeutic product candidates, including
Olvi-Vec. For more information, please visit www.genelux.com and
follow us on Twitter @Genelux_Corp and on LinkedIn.
Forward-Looking StatementsThis
release contains “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
“Forward-looking statements” describe future expectations, plans,
results, or strategies and are generally preceded by words such as
“believes,” “anticipates,” “expect,” “may,” “plan” or “will”.
Forward-looking statements in this release include, but are not
limited to, statements related to Genelux’s future plans and
prospects, the planned timing of Genelux’s data results in its
ongoing clinical trials and continued development of Olvi-Vec, and
the potential capabilities and advantages of Olvi-Vec. Such
statements are subject to a multitude of risks and uncertainties
that could cause future circumstances, events, or results to differ
materially from those projected in the forward-looking statements.
These and other risks are identified under the caption “Risk
Factors” in Genelux’s filings with the Securities and Exchange
Commission. All forward-looking statements contained in this press
release speak only as of the date on which they were made and are
based on management’s assumptions and estimates as of such
date. Genelux does not undertake any obligation to
publicly update any forward-looking statements, whether as a result
of the receipt of new information, the occurrence of future events
or otherwise.
Investor and Media Contacts
Ankit Bhargava, MDAllele Communications,
LLCgenelux@allelecomms.com
Source: Genelux Corporation
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