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FDA Tightens Survival Standards as Cancer Drug Pipeline Hits $866B Market Milestone

Newswire.ca - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here

USA News Group News Commentary

Issued on behalf of Oncolytics Biotech Inc.

VANCOUVER, BC, Aug. 28, 2025 /CNW/ -- Federal budget cuts have put pressure on cancer research efforts in the United States, but private investment is helping to fill the gap, with oncology ventures securing hundreds of millions in funding so far in 2025. The Senate's recent restoration of $15 million for the Pancreatic Cancer Research Program (PCARP) was a win, yet its earlier elimination underscored the fragility of public support. Against this backdrop, investors are zeroing in on companies with standout science, solid pipelines, and clear regulatory strategies, including Oncolytics Biotech Inc. (NASDAQ:ONCY), ImmunityBio, Inc. (NASDAQ:IBRX), Agenus Inc. (NASDAQ:AGEN), Sutro Biopharma, Inc. (NASDAQ:STRO), and Castle Biosciences, Inc. (NASDAQ:CSTL).

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

Related Symbols

Symbol Last Chg %Chg
ONCY 0.9921 +0.0114 +1.16%
Oncolytics Biotech Inc
AGEN 3.93 -0.13 -3.20%
Agenus Inc
CSTL 38.64 -0.98 -2.47%
Castle Biosciences Inc
STRO 8.66 -0.72 -7.68%
Sutro Biopharma Inc
IBRX 2.29 -0.01 -0.43%
Immunitybio Inc

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