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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 Apr 01, 2024 7:07pm
89 Views
Post# 35963888

RE:RE:New office posted on website

RE:RE:New office posted on websiteONCY is registered as Oncolytics Biotech (US) Inc. - a US company which is corporately registered in the State of Delaware. As a result of being registered as a US company, ONCY must keep a corporate headquarters in the United States, which in Oncolytics Biotech's case, happens to be in San Diego - one of the leading biotech innovation centers in the United Statres.

Since the turn of the 20th century, Delaware has become an onshore corporate haven whose corporate laws are deemed appealing to corporations; over half of all New York Stock Exchange-listed corporations and over three-fifths of the Fortune 500 are legally incorporated in the state.  

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