Genelux Says FDA Grants Fast Track Designation For Olvi-Vec To Treat Ovarian Cancer

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Genelux Says FDA Grants Fast Track Designation For Olvi-Vec To Treat Ovarian Cancer

(RTTNews) - Immuno-oncology company Genelux Corp. (GNLX) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for the development program of Olvi-Vec (olvimulogene nanivacirepvec) for the treatment of patients with platinum resistant/refractory ovarian cancer.

The company said the Fast Track designation granted for Olvi-Vec underscores its potential to address unmet medical needs in ovarian cancer.

Genelux is currently conducting OnPrime/GOG-3076, a Phase 3 multi-center, randomized, open-label registrational trial evaluating the efficacy and safety of Olvi-Vec in combination with platinum-based chemotherapy in patients with platinum-resistant/refractory ovarian cancer.

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Genelux Appoints Lourie Zak As New CFO

Genelux Appoints Lourie Zak As New CFO

Immuno-oncology company Genelux Corp. (GNLX) announced Monday that Lourie Zak will join the company as Chief Financial Officer, effective August 28, 2023.
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Yen Rises Against Most Majors

Yen Rises Against Most Majors

The Japanese yen strengthened against most major currencies in the Asian session on Friday.
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European Shares Set For Gap-down Open

European Shares Set For Gap-down Open

European shares are seen opening sharply lower on Friday as trade uncertainties and escalating geopolitical tensions sparked flight to safety.
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European Economic News Preview: Eurozone Industrial Output, Trade Data Due

European Economic News Preview: Eurozone Industrial Output, Trade Data Due

Industrial production and foreign trade from the euro area and final inflation figures from Germany and France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices and wholesale prices for May. The flash estimate showed that consumer price inflation remained unchanged at 2.1 percent.
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