• The FDA has granted Fast Track designation to LOAd703, an oncolytic adenovirus, for treating patients with pancreatic cancer, expediting its development and review.
• LOAd703 is being evaluated in a phase 1/2 trial (LOKON001) in combination with chemotherapy for unresectable or metastatic pancreatic ductal adenocarcinoma (PDAC).
• Early results from the trial showed an overall response rate of 44% and a disease control rate of 94% among efficacy-evaluable patients treated with LOAd703.
• The Fast Track designation will allow Lokon Pharma to have more frequent interactions with the FDA, potentially accelerating LOAd703's availability to patients.