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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 Nov 21, 2022 2:35pm
104 Views
Post# 35116355

RE:RE:RE:Endpoints on Merck kGAa

RE:RE:RE:Endpoints on Merck kGAaNovember 21, 2022 - MilliporeSigma, the US and Canadian life science division of Merck KGaA, is plunking down almost $300 million to boost biosafety testing in the US.
 
The company said it will invest $286 million to bulk up biosafety testing at its manufacturing site in Rockville, MD. The new, 250,000-square-foot facility expansion will extend its capacity for biosafety testing, analytical development, viral clearance suites and services for cell bank manufacturing. 

The move comes on the heels of several other Merck KGaA and MilliporeSigma investments in manufacturing sites this year both in the US and Europe. In the summer, the MilliporeSigma production facility in Verona, WI, near the state capitol of Madison, opened a $65 million, 70,000-square-foot new expansion on an existing site to produce highly potent APIs. 


https://endpts.com/merck-kgaas-milliporesigma-invests-286m-to-build-out-biosafety-testing/
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