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Breakthrough Therapy Designations Surge as $50B Cancer Drug Partnerships Reshape Market

Newswire.ca - Press Release

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USA News Group News Commentary
Issued on behalf of Oncolytics Biotech Inc.

VANCOUVER, BC, Sept. 8, 2025 /CNW/ -- USA News Group News Commentary – The FDA's unprecedented wave of Breakthrough Therapy Designations through August has accelerated development timelines for life-saving cancer treatments[1], while major pharmaceutical companies deployed several multi-billion-dollar strategic partnerhips (with one topping $11 billion) to secure next-generation immunotherapies[2]. These recent designations are creating momentum for companies advancing breakthrough oncology platforms including Oncolytics Biotech Inc. (NASDAQ:ONCY), HUTCHMED (China) Limited (NASDAQ:HCM), CG Oncology, Inc. (NASDAQ:CGON), C4 Therapeutics, Inc. (NASDAQ:CCCC), and IDEAYA Biosciences, Inc. (NASDAQ:IDYA).

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 0.9520 -0.0180 -1.86%
Oncolytics Biotech Inc
IDYA 35.20 -0.48 -1.35%
Ideaya Biosciences Inc
HCM 13.77 +0.25 +1.85%
Hutchmed China Ltd ADR
CGON 39.84 -0.30 -0.75%
Cg Oncology Inc
CCCC 2.12 +0.04 +1.92%
C4 Therapeutics Inc

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