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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 canadafanon Apr 01, 2024 9:16pm
107 Views
Post# 35964066

RE:RE:RE:RE:RE:New office posted on website

RE:RE:RE:RE:RE:New office posted on website

the way you would interpret anything...so far is nothing bu5 doom & gloom.
so why are you here.
obviously working hard as a FUDster.
admittedly , Onc has not hsd  any new news since the good reults out the anal cancer trial with  Roche.
New office in the USA means as a minimum they intend to have a continued legal existence in the USA.
Beyond that?
A company I owned that was bought out, spent a lot of $$ on new signage in a large frontage high profile building in Toronto.
The sign could be seen from a Toronto airport.
They were bought out within 6 months of that sign.
point being. Until a company is aquired, it is business as usual.
ONC has prudently negotiated a lease costing less. Somehow Mr Emneo, turns that into a bad thing.
And absolutely they could be aquired. There might be lease conditions & commitments. All small change relative to getting Pelareorep to market.
Quite frankly , I was more concerned when they did not have lease indications.
Buyout opportunities?
The location of offices, employees wages erc. Nothing to do with the decision.
oncokytics biotech will or will not be bought out based on the potential market fo4 Pelareorep.
so far... results from co- therapy with a Roche , being th3 Pancreatic cancer , phase 3 FDA fast track approval.
The most recent anal cancer results and previous trials, things are looking up.
Most important question. They intend to enrol first patient in the Pancreatic phase 3 mid of this year.
Thst needs a lot of $$$. 

parterdhip? 

buyout?
other business arrangement?
Those details are needed. Soon.
 

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