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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 inthnoon Apr 29, 2023 10:18pm
156 Views
Post# 35421295

RE:RE:RE:ASCO relevance

RE:RE:RE:ASCO relevance
I have been around since 2000 and not going anywhere right now because of the pontential and possibilities. My problem is that the amount of time all of this is taking and rightly so for now but patents are getting close to expiring and even though extendable, my understanding that is only with an fda approval for the product although I might be wrong on this point and that is why the surrogate endpoints are so important as os for the MBC trial would as stated take a very long time unless for some reason the fda would possible grant an AA which would expidite things greatly and there still is the possiblitity of the Panc coming in very quickly as the OS could easily fall within reasonable peramiters so as to not have any strain on the possibility of patents expiring. Now ONC has also stated that they are always applying for new patents although have not seen anything new of late.
Preferences of course at this time by myself and most at this time seem to be a buyout so as to remove all dobut but hard to say where the mindset of ONC management and possible partners are.
Having said all of the that we can hope that there have been some major discussions with possible partners but none of us know for sure if this has happened and to what extent.
Matt seems confident that hopefully 2 phase 3 trials could be up and running this year at least what he has stated which would imply that talks are underway otherwise this would not be possible in such a short timeframe even with the hopeful results.
We will for sure have a much clearer picture after ASCO and I am sure that with the hopeful results that management will be more forthcoiming on what the near term future is for PELA.
We have had so many hopes from past trials which have never come to fruition and I believe that this is our best shot for the company and that for survival something positive needs to come out of all of this.
IMO only of course.
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