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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 Noteableon May 20, 2024 7:34pm
73 Views
Post# 36049199

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 2024May 13, 2024 - Large-cap and specialty pharma companies are continuously hunting for targets, said Ali Pashazadeh, founder, chairman and CEO of the financial advisor Treehill Partners. Pharma companies often have internal programs already in place for most tumor types but will acquire where there is a “white space” in their pipeline, he added.

The landscape of oncology also has moved from monotherapy to combination therapy, with hundreds of combinations with immune checkpoint inhibitors in development, Pashazadeh said. At the same time, developing treatment combinations is “exponentially harder” than for monotherapies, Pashazadeh continued.  “That being said, oncology remains one of the — if not the — most lucrative therapeutic areas for pharma and biotech companies.”
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