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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
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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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings
German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.
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The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Sensex, Nifty End Modestly Lower After Trump's Tariff Threat
Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge
European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
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Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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