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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

Post by Lesalpes29on Apr 10, 2023 6:59am
272 Views
Post# 35386240

Increasing the number of options.

Increasing the number of options.No surprise here. Probably the first objective of the actual strategy... let the data mature, announce that the 90 days of exclusivity is over, no NR for mounths, slow any negociation that could be on and let the SP going back slowly to the 52w low! It's how you create value for long time sharholders! BOD want a bigger piece of the pie probably because the pie is smaller than they thought. GL
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