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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 inthnoon Nov 17, 2022 2:20pm
245 Views
Post# 35107898

RE:RE:RE:Will add if they continue to push it down.

RE:RE:RE:Will add if they continue to push it down.I think that we are dfininately in a better position now after the goblet results and think that the almost 30% pullback is temporary and most likely not justified although that is the nature of ONC.
Also for clarification on the solidly derisked trial I beflieve Douglas Loe is referring to the pancreatic trial and not the mbc trial as per the following quote.
"Oncolytics continues to test pelareorep in combination with other checkpoint inhibitor biologics, though with focus on metastatic breast cancer and advanced pancreatic cancer, the latter now solidly de-risked by GOBLET-1 data."
Better times ahead just hope it is sooner than the Douglas Loe thought that we will be partnered for phase 3 in 2024. Someone will most likely step up sooner and hard to say where it will all land as I am sure that pfizer is up to date on Bracelet results as they have access to real time. Still wish that ONC would have stuck to releasing some Top line data in December as previously stated as this would have helped the cause for the sp and created a more competative evironment assuming of course that the Bracelet results are what we are hoping that they are.
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