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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
Comment by carduon Jul 20, 2011 4:58pm
275 Views
Post# 18853842

RE: RE: RE: RE: management shift

RE: RE: RE: RE: management shift
"Cardu, you blame management for the collapse in Oncolytics share price! "

No, I blame management for missed timelines and interminable Phase 1 trials. Read Sharkfood's posts to get an inkling of what I mean. They succinctly explain the problem. The market, if it has no confidence in the management of a company will keep the shares low.

"Your examples of leadership miss the mark.  The UK hacking debacle is about the power and influence of Rupert Murdoch.  The episode has shown him and his empire as having no respect for the law or to individuals in a time of sorrow.   The roots of the current US budget debacle go deep.   The US bail out of Wall Street over the securitization of substandard mortgages is a major factor.  If the public became aware that the “market price is fair” is a myth, there would be little support for the dirty dealings of market players. "   


As far as the problems in the UK and the US are concerned it is precisely the lack of strong, and honest, leadership that has led to the problems that you list.

As far as the price "collapse" you mention, I have a certain number of shares that I trade and have made a tidy profit doing so. I'm getting concerned that time is running down on our patents and the possibilty that another company will "jump the gun" on us.
Bullboard Posts