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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 Capitalistaon Nov 14, 2022 1:22pm
184 Views
Post# 35097157

RE:RE:RE:RE:RE:RE:RE:RE:RE:Using the ATM or

RE:RE:RE:RE:RE:RE:RE:RE:RE:Using the ATM or HC44 - IMHO, we won't get any stock price appreciation until ONC takes these great study results and turns them in to great (transformational) business results - either a buyout or a solid partnership deal for Phase III programs.  The market seems to be tired of hearing wonderful study stats without seeing management capitalize on them and turn them into something that would push the business forward.  As a result, we only see lifers (myself included) or short-term traders who buy for the run-up then sell within days (I have been in this camp too).  

ONC management has to give the market a solid business reason to move the stock price to a new (higher) normal.  Yet another Phase II trial or even great results in existing trials will not do this.  


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