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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 Jan 13, 2023 4:55pm
230 Views
Post# 35222392

RE:Pfizer acquired preclinical Trillium for US$ 2.3 Bln

RE:Pfizer acquired preclinical Trillium for US$ 2.3 BlnWith Pfizer's acquisition of the preclinical CD47 company Trillium Therapeutics for US$ 2.3 Billion, and with today's news that Roche financially supported CD47 start-up company Arch Oncology has given up and laid off all of its employees, suggesting that CD47 is not a viable cancer target, and with both Pfizer and Roche facing looming patent cliffs in the foreseeable future, ONCY's pelareorep is a quick win "Phase 3 ready" acquisition target in at least 2 indications with unmet medical need, which further strengthens the proposition that ONCY's acquisition value is north of US$8 Billion, as outlined in previous posts.   
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