Oncology Venture - Rounding out a productive year of R&D
Oncology Venture (OV) has ramped-up R&D with multiple trials moving forward. Its Phase II study of LiPlaCis in metastatic breast cancer (mBC) remains ongoing as it awaits FDA approval of the IDE/IND application, which it expects in H119. In March, OV included the first patient in its expanded LiPlaCis Phase II study investigating prostate cancer. Additionally, its 2X-121 Phase II study in mBC is ongoing and OV plans to initiate its second 2X-121 Phase II trial in ovarian cancer in the near future.Oncology Venture A/S, formerly known as Medical Prognosis Institute A/S, is a Denmark-based company engaged in the development of anticancer medicines. It is primarily focused on the tool development for identification of patients with the highest probability of responding to a particular drug candidate, which increases the chance that the drug candidate is to be successful in clinical trials. The Company aims to improve the response rate of anticancer medicines whose clinical development has been suspended. After the clinical trials, the Company is to out-license or sell the drug candidates with a high response rate. The Company's main drug candidates are comprised of APO010, Irofulven and LiPlaCis.
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