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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

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

Bullboard Posts
Comment by cpacon Oct 19, 2019 11:51am
123 Views
Post# 30247235

RE:RE:Strategic Move at Oncolytics

RE:RE:Strategic Move at Oncolytics Problem is, companies do not normally offer a 2000% premium to the current trading range, which is basically what you'd need at this point to be even halfway fair to account for the work the company has done to bring this drug this far...  We need to climb back up to the $5ish level before getting a healthy premium on that share price... Events over the next 6+ months should provide us that opportunity...
Bullboard Posts