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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 Oct 25, 2022 5:36pm
172 Views
Post# 35048095

RE:Roche reports Q3 earnings - looks to Tecentriq for future

RE:Roche reports Q3 earnings - looks to Tecentriq for future

London, UK and Boston, MA – 18 October 2022: The global pharmaceutical industry is set to see sales grow by an annualised 6% between 2022 and 2028, according to the latest World Preview published by Evaluate Ltd. The annual report, which details the future of the biopharmaceutical sector, forecasts industry revenues of $1.6 Trillion in six years’ time.

Mike Gallup
Mike Gallup

Leading this market will be Roche, currently the fifth largest player in the market, with $62.7 Billion of forecast sales in 2028, accounting for 3.9% of the worldwide market.

AbbVie is seen closely behind with prescription sales of $62 Billion that year.

The fastest growing big pharma player will be AstraZeneca, according to Evaluate, whose top-line is predicted to expand by 5.8% year on year, to 2028.

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