Biotech Advances Drive Cancer Research as Global Rates Continue Upward Trend

USA News Group News Commentary

Issued on behalf of Oncolytics Biotech Inc.

VANCOUVER, BC, Dec. 2, 2024 /PRNewswire/ -- USA News Group News Commentary – Despite death rates for some cancers being on the decline, there is a global surge in cancer cases among people under 50, with new cases up by 79% overall. Windpipe and prostate cancers are rising fastest, while breast, windpipe, lung, bowel, and stomach cancers have the highest death tolls. The United Nations projects cancer rates to increase by 77% by 2050. To combat this trend, researchers are advancing new therapies, with the FDA approving 16 oncology treatments between July and September 2024. Behind the scenes, biotech developers are making strides, with recent market updates from: Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), Akoya Biosciences, Inc. (NASDAQ: AKYA), Checkpoint Therapeutics, Inc. (NASDAQ: CKPT), BriaCell Therapeutics Corp. (NASDAQ: BCTX), and Arcus Biosciences, Inc. (NYSE: RCUS).