Clinical Trials SuccessGenelux announced positive initial data from its investigator-sponsored ongoing P1b/2 study evaluating systemically administered Olvi-Vec + platinum chemotherapy in patients with platinum-relapsed or platinum-refractory small cell lung cancer.
Financial StabilityThe company announced an equity financing for $10.5M in gross proceeds, which combined with its cash, should provide runway into 2026, through the P2 interim in NSCLC and potentially the top-line P3 readout.
Regulatory SupportThe FDA recommended adding an interim overall survival analysis to the progression-free survival primary endpoint in the P3 ovarian cancer trial, which could support full approval without needing a confirmatory trial.