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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 askretkaon Jul 06, 2023 9:46pm
288 Views
Post# 35530207

RE:RE:RE:I read about increased short volume….not a good place

RE:RE:RE:I read about increased short volume….not a good place
Man you guys here are disappointing me..........

The source was the May quarterly.

"
 
"To conclude my section of the call, I'll speak briefly about our preclinical CAR T program. Building off Tom's earlier remarks, having been heartened by the positive data from the work we've done with Dr. Vile in the Mayo Clinic, we are advancing research collaborations of biotech companies interested in validating or recapitulating the results from the Science Translational Medicine publication.
 
One of these companies has already produced results with Pela in combination with their own CAR T constructs that are in-line with what was seen previously in Dr. Vile's work. That company is now repeating those results to ensure their accuracy and we look forward to reviewing them with our research partner in the second half of the year. Recapitulating the Science Translational Medicine results is an important step for our collaborator because unlike other agents, a class effect cannot be assumed that CAR T cells since they behave according to their specific genetic makeup. We look forward to providing more information on CAR T work with Mayo at the upcoming ASCO meeting"
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