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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 Jul 15, 2023 7:11pm
188 Views
Post# 35542862

RE:RE:RE:RE:RE:Riovant in plans to sell UC drug to Roche for US$7 Billion

RE:RE:RE:RE:RE:Riovant in plans to sell UC drug to Roche for US$7 Billion
The market for UC and Crohn’s, often grouped as inflammatory bowel disease (IBD), was valued at $17.3 Billion in 2021 by Transparency Market Research. The group projected this number would rise to more than $34 billion by 2031. Growth Plus Reports puts this market value at nearly $40 Billion. "

https://www.biospace.com/article/roche-in-talks-to-buy-stomach-drug-from-roivant-for-7b-report-/

In comparision, the global HER-2 negative breast cancer market alone, which is just one indication that ONCY is positioning pelareorp to address, was valued at USD $12.3 Billion in 2022 which expected to reach USD $27,4 Billion by 2030, at a CAGR 8.67%
from 2023-2030.


https://www.researchandmarkets.com/reports/5775762/global-her-2-negative-breast-cancer-market
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