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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 May 05, 2024 10:33am
51 Views
Post# 36023815

RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024

RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024May 02, 2024 - Oncology was the top therapy area for M&A deals in Q1 2024, with a total deal value of $29bn. 

Globaldata reports that given that the biopharmaceutical industry can overcome challenges imposed by the FTC, the remainder of 2024 is poised for continued M&A investment from large biopharmaceutical companies, which could accelerate research and development and the launch of innovative drugs.

https://www.pharmaceutical-technology.com/analyst-comment/ma-revival-deals-q1-2024/?cf-view
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