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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 Oct 10, 2022 1:09pm
128 Views
Post# 35015833

RE:RE:RE:RE:RE:RE:Biotech buyouts.

RE:RE:RE:RE:RE:RE:Biotech buyouts.I suggest you re-read the panel displayed on page 38 and pay partiular attention to the panel subject matter headline. What you see is in this panely is the objective of a business development strategy anchored by partnerships with large pharmaceutical companies. This panel describes the objective in a joint development and commercialization partnership. Not a Big Pharma buyout ! 

The reason why ONCY would seek to maintain rights to North America in part or in whole in a joint commercilization arrangement would be to preclude any possibility of any putative Big Pharma licensing partner from "shelving" or minimizing it's commercialization activities for strategic reasons that go against ONCY's interests.   

If you read what I have been posting you can deduce that Big Pharma is not interested in establishing a joint development and commercialization strategy particularly when Big Pharma is facing a looming patent cliff by 2024 and is seeking to fill its pipeline and have full control over the commercialization of its product line.
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