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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

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.


TSX:ONC - Post by User

Bullboard Posts
Post by oilinvstron Mar 17, 2006 6:24pm
641 Views
Post# 10523075

What's going on

What's going onI bought this stock in June of 01 at $10.00, and sold at a big loss in 03. At that time ONC had their first phase one trial, and after a year the best they could say was reo didn't kill anybody. No real progress was made toward a phase II trial. Thereafter Brad and the boys continued to collect huge salaries, and issued press releases about presentations, patent applications and new financings. Has there been any progress, or is the same pattern (press releases etc)being followed?
Bullboard Posts