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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 venture009on Feb 01, 2024 12:42pm
155 Views
Post# 35857389

RE:The buyout is this year 2024

RE:The buyout is this year 2024Casey,  most likely there is one suitor, Roche. When you are pinning all your hopes on one company and this company control;s your destiny, optimism should be tempered. The action on this stock, the low volume the constant erosion of the price over the past weeks, suggests the suitor is in no hurry. Unfortunately ONC doesn't have the same luxury. If something doesn't materialize this month the chance of a PIII in 2024 begin to fade and ONC's ability to rectify the matter becomes daunting. Seems to be the profile of this company, constant crisis control.  
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