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Omega Pacific Resources Inc

Omega Pacific Resources Inc logo
🇺🇸United States
Ownership
Public, Subsidiary
Established
2016-01-01
Employees
94
Market Cap
$81M
Website
http://www.omegatherapeutics.com
Introduction

Omega Pacific Resources Inc is engaged in the business of mineral exploration in Canada. It mainly engages in the acquisition, exploration, and development of mineral exploration properties. It holds an interest in the Lekcin property located in the New Westminster Mining Division, British Columbia, Canada.

Clinical Trials

1

Active:0
Completed:0

Trial Phases

1 Phases

Phase 1:1

Drug Approvals

0

Drug Approvals

No drug approvals found

This company may not have drug approvals in our database

Clinical Trials

Distribution across different clinical trial phases (1 trials with phase data)• Click on a phase to view related trials

Phase 1
1 (100.0%)

A Phase 1/2 Study to Evaluate OTX-2002 in Patients With Hepatocellular Carcinoma and Other Solid Tumor Types Known for Association With the MYC Oncogene

Phase 1
Terminated
Conditions
Hepatocellular Carcinoma
Solid Tumor
Hepatocellular Carcinoma Non-resectable
Hepatocellular Carcinoma Recurrent
Hepatocellular Cancer
Liver Cancer
Liver, Cancer Of, Non-Resectable
Interventions
First Posted Date
2022-08-11
Last Posted Date
2025-02-03
Lead Sponsor
Omega Therapeutics
Target Recruit Count
24
Registration Number
NCT05497453
Locations
🇺🇸

City of Hope, Duarte, California, United States

🇺🇸

University of Florida Health Cancer Center, Gainesville, Florida, United States

🇺🇸

University of Chicago, Chicago, Illinois, United States

and more 12 locations

News

Flagship-Backed Omega Therapeutics Files for Bankruptcy, Halts Cancer Drug Development

• Omega Therapeutics announces plans to file Chapter 11 bankruptcy following the suspension of its lead cancer drug program OTX-2002, with Flagship's Pioneering Medicines offering a $1.4 million bridge loan. • The genetic medicines company received a Nasdaq delisting notice in January 2024, marking a significant downturn since its $126 million IPO in 2021. • As part of restructuring, Omega will lay off 17 employees while negotiating asset sales, including its obesity program partnership with Novo Nordisk.

GSK and Flagship Pioneering Launch $7 Billion Strategic Alliance for Novel Therapeutics Development

• GSK and Flagship Pioneering have established a strategic partnership worth potentially $7 billion to develop 10 new medicines and vaccines, with an initial focus on respiratory and immunological diseases. • The collaboration begins with a joint investment of $150 million, with each program eligible for up to $720 million in milestone payments plus royalties from GSK. • This partnership follows Flagship's successful collaborations with other major pharmaceutical companies, including Pfizer and Novo Nordisk, reinforcing their platform-based biotech development model.

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