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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Comment by Eileen68on Feb 27, 2023 11:12am
140 Views
Post# 35307151

RE:RE:RE:RE:Little sedi action.

RE:RE:RE:RE:Little sedi action.

We know there is a desperate need for our product. We don't know if PFE is off the board or not. With a 10bln target value, they could easily fund a deal with cash/stock and still pay 30bln for Seagen. Will they? I don't know. However, we are working with the likes of Merck Kga, Roche, Bristol and others - any of whom could easily fund our purchase. Don't forget patent cliffs total 10's of billions over the next decade. We will fill part of that void. I've been invested for 16 years and have taken many gut punches ( like many of you) but I believe we are closer than ever to getting a deal done. 


If Matt's comment on having 2 P3 trials going by year end is accurate, we need a deal in place by the end of March at the latest. Even the biggest Pharmas need 6 months to prep and plan for a pivotal trial. The best case is 2 accelated approvals followed by a buy out announcement. Either way, we are close IMO. Fox - keep the faith. 

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