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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

Comment by Noteableon Jun 07, 2022 8:09pm
167 Views
Post# 34738785

RE:RE:Big Pharma is facing a looming $236 Billion patent cliff

RE:RE:Big Pharma is facing a looming $236 Billion patent cliffpelareorep is a biologic which would receive 12 years of FDA market exclusivity upon the drug's approval that would extend any patent expiration and therefore would be attractive to any Big Pharma whose own patent portfolio is endangered of expiration and is looking to combine ONCY's pelareorep with one of their high value oncology products, such as Pfizer's Ibrance (CDK 4/6 inhibitor), to extend the life of that product from generic competition even before Ibrance loses patent protection in 2027.
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