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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 Dec 04, 2022 10:42am
185 Views
Post# 35149370

RE:RE:RE:RE:Pfizer's Trillium & GBT M&A deals not the last

RE:RE:RE:RE:Pfizer's Trillium & GBT M&A deals not the lastReposted from November:

Pfizer acquired preclinical Trillium Therapeutics in August 2021 for US$2.3 Billion, then Biohaven Pharmaceuticals in May 2022 for US$11.6 Billion and Global Blood Therapeutics in October 2022 for US$5.4 Billion (both of these last 2 deals being completed in October 2022) .... and now in Pfizer's Q3 earning report provided in November 2022 the company stated that the M&A activity recently seen will continue with 
new deals helping replace delining vaccine sales and lost revenue from patent expirations, as noted aove.  

[This places ONCY in a favorable position given the established partnership already establshed with Pfizer and MercKGaA in the development of avelumab with ONCY's naturally occurring IV delivered OV pelareorep in the treatment of breast cancer]


Pfizer's "string of pearls" strategy includes "Bolt-on acquistions" and platform technologies as seen over the past 2 years, and ONCY's Immune Molecule Platform Technology in pelareorep and "bolt-on" appeal would suggest ONCY as a likely "pearl" of a company for another targeted acquisition by Pfizer.





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