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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Healthcare Biotechnology
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

Oncolytics Biotech Inc > BMS acquires Turning Point's TKI platform for USD$ 4.8 Bln
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Comment by Noteableon Aug 20, 2022 5:22pm
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Post# 34909581

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BMS acquires Turning Point's TKI platform for USD$ 4.8 Bln

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BMS acquires Turning Point's TKI platform for USD$ 4.8 BlnPartnerships have been formed though co-sponsored clinical trials and investigator sponsored trials. Any licensing would be around the business development activities with CAR-T therapy, however that may not be necessary should a potential acquirer of ONCY want to retain that opportunity through an outright acquistion of ONCY. 


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