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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 Noteableon Aug 13, 2022 2:36pm
200 Views
Post# 34894171

RE:RE:RE:Get ready for more merger mania in the pharma sector

RE:RE:RE:Get ready for more merger mania in the pharma sector The expected merger mania in the pharma sector does not warrant any partnership or licensing deals.

Anyone knowledgeable in biotech business development understands that partnering or licensing deals are not the kind of commercialization pathways that are optimal at a time, particularly when Big Pharma needs to replenish their product portfolio pipelines which are threatened by a looming patent cliff. Many biotech analysts have already pointed to Big Pharma's need for M&A. What partnering & licensing deals do are to tie-up an asset from the competition and effectively prevent the shareholders from realizing the full value of their asset and therefore runs counter to managment's purpose and responsibility to the shareholder. 

ONCY's Q2'22 conference call this last week was the first time that I remember that Matt Coffey acknowledged the shareholders by thanking them. Perhaps this means that ONCY will be acquired soon and Matt wanted to be sure to have thanked us for all our patience.
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