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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 fox7mfon Aug 13, 2022 6:15pm
197 Views
Post# 34894467

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

RE:RE:RE:RE:Get ready for more merger mania in the pharma sector I have to agree with Noteable...they're selling, not partnering. I think they are avoiding overt talk of a buyout to kinda 'under promise, over deliver'', as they should. Onc has leverage through the continuous positive results, and can afford to make BP sweat until the appropriate offer is made. BP can make a competitive offer by Sept/Oct, or they can expect to cue up for a bidding war in Jan/Feb.
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