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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 fox7mfon Nov 29, 2022 10:08am
159 Views
Post# 35136433

RE:Oncolytics Biotech product

RE:Oncolytics Biotech product From your mouth to the BOD's ears. You're right about the fact that BP shouldn't sit on their hands, and the more indications that are proven to benefit from Pela, the more the acquisition price escalates. I'm of the opinion that PFE, having access to real-time data, knew months and months ago that they would B/O Onc for mBC alone. Well guess what happened...they didn't move...pancreatic data blew the scientific world away, and the purchase price doubled in a few short months. My opinion, $2-4b jumped to $4-$8b or more. Good luck.
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