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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Healthcare Biotechnology
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

Oncolytics Biotech Inc > Big pharma is set to keep signing bigger deals in 2024
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Comment by Noteableon Mar 19, 2024 10:38am
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Post# 35940488

RE:RE:RE:RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024

RE:RE:RE:RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024March 19, 2024 - Big Pharma AstraZeneca acquires Canadian Phase 2 radiopharmaceutical company Fusion Pharmaceuticals for US$2.4 Billion 

Fusion CEO John Valliant said in a statement that the acquisition will combine “Fusion’s expertise and capabilities in radioconjugates” with AstraZeneca’s “leadership in small molecules and biologics engineering.”

https://www.biospace.com/article/astrazeneca-buys-fusion-in-potential-2b-deal-joins-radiopharma-buying-spree/

The issue is that AstraZeneca is one of those Big Pharma company's who have a vested interest in India's small molecule development industry and is being impacted by the US IRA, which favors novel single indication biologics  with 13 years of market exclusivity on approval over small molecule entities.

https://stockhouse.com/companies/bullboard/oncy/oncolytics-biotech-ord-shs?postid=35939126




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