RE:RE:RE:RE:EY sees bolt-ons in the single to double digit billions now
The failure of the Imlygic / Keytruda (Amgen / Merck USD) melanoma Phase III study announced in September 2022, for reasons already provided, adds further strength to the rationale that ONCY is worth North of US$8 billion, now that IV pelareorep is emerging as a leader in immuno-oncology (I/O) combination therapy, particularly since pelareorep is demonstrating synergy with immune checkpoint inhibitors, CAR-T therapy, bispecifics, and small molecules like CD4/6, PARP and proteasome inhibitors, for example, in an immuno-oncology market that is expected to reach US$120.37 Billion by 2026.
Notwithstanding the recent "goings-on" in the broader market, the science in immuno oncology has been "on-going" - and according to recent market research by The Business Research Company ("TBRC") the focus areas for many companies in the immune-oncology drugs market have shifted to increasing acquisitions to enhance their market presence. Large players are buying small or midsized companies to acquire new capabilities, or gain access to new markets. Players are also acquiring competitors to curb competition and increase market share.
https://www.prnewswire.com/news-releases/immuno-oncology-drug-market-players--trends-opportunities-strategies-301508957.html