Oncolytics Biotech Inc T.ONC

Alternate Symbol(s): ONCY

Healthcare Biotechnology

Oncolytics Biotech Inc. is a clinical-stage 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 registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.

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Oncolytics Biotech Inc > About the Pancreatic Cancer Action Network (PanCAN)

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Comment by Noteableon Oct 29, 2023 5:42pm

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Post# 35706535

RE:RE:RE:RE:RE:RE:About the Pancreatic Cancer Action Network (PanCAN)

Gline stated “Big pharma companies, although they are clearly focused and constrained on being efficient with R&D spend, are in many cases swimming in cash right now. Capital is not a concern for big pharma companies.

In April 2023 Merck acquired Prometheus Biosciences for US$11 Billion.

With last week’s acquisition of Televant for US$7.2 Billion, Roche has positioned itself as a competitor to its market rival Merck (Prometheus Biosciences).

https://www.reuters.com/markets/deals/merck-late-stage-talks-acquire-prometheus-biosciences-wsj-2023-04-16/

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