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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

Comment by westcoast1000on May 08, 2021 5:41pm
255 Views
Post# 33160553

RE:Question for KWS-Canada-Westcoast -Ash

RE:Question for KWS-Canada-Westcoast -AshReplying to HCall,

My view has always been that Matt holds a royalty on sales if the company is ultimately successful, because he is the only remaining founder. As for other senior staff and board members, I also recall they have substantial options.

But that is less convincing or bullish than them buying shares. I am in one company where everyone on the board has shares, which is more encouraging.

So, that is a caution.

I do not think it means pela does not work. It may say something about their current incentives and pay structure, where they get options.


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