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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 Feb 08, 2023 1:01pm
158 Views
Post# 35274834

RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and China

RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and ChinaThe IRA works to protect investment in biologics while dissuading the same in small molecules, which are easiler to genericize and have a greater prominance in India. 

Consequently Big Pharma companies will be pivoting to biologic products, and making large investments in biologic companies like ONCY with the I/O agent pelareorep, which has an extensive patent portfolio protecting the agent, and Composition of Matter patents that preclude genericization of pelareorep.   
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