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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 CMHarring218431on Feb 06, 2024 10:24am
141 Views
Post# 35865157

RE:Idle Morning Thoughts

RE:Idle Morning ThoughtsI sense  a letdown by posters here, after the realization that ONC is hiring a CRO to manage the P3. CRO's are commonly found managing small biotech companies with the hope that their expertise will channel their drug toward commercialization faster and more efficiently. Are we to assume because of this new development that a buyout is not possible until they conclude their study. I wonder how a contract would read in regard to involvement by big Pharma. Is it a possibility that a potential buyer suggested taking this route? I have no clue. Anything is possible, I guess. We need some clarity
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