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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

Post by canadafanon May 31, 2021 10:33am
310 Views
Post# 33295867

Shhhhh...very quiet morning...

Shhhhh...very quiet morning...Very quiet morning. No news or data until this Friday when the ASCO poster is released.
That is 9am this coming Friday.
Who knows how that will be revealed and recieved.
With NAS closed today, looks like the Canadain side is asleep.
Proving once again, it is the NAS that has been driving the ONC trading for quite some time.
The trading has been quite stoichiometric the last few weeks.
In absence of news good or bad...things are just coasting along.
Last time I saw this long of a stable price  was just before the Adlai Nortye partneship announcement a few years back.
Things were sleepy, yet calm price-wise & then "BAM"! out of the blue came the A.N. announcement.
The price more than doubled that week.
Sometimes silence means nothing is going on at all....or ...things are going on ?
Hence the balance in price.
Those who are holding , comtinue to hold & wait. Those who are watching, continue to watch looking for a reason to buy.
Two of the corperate announced caalysts say "first half of 2021" tjhat would be within next few weeks if on shedule.





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