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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 Nov 29, 2022 5:35pm
198 Views
Post# 35138006

RE:RE:RE:Ever get the feeling that:

RE:RE:RE:Ever get the feeling that:Perhaps more like a 'competition' of at least 3 companies - that we currently know of - since ONCY's Andrew de Guttadauro indicated in a recent investor conference call that both the pancreatic and breast cancer Phase 3 registration studies would be going to only one company.

From 
de Guttadauro's comments, and those of Matt Coffey, we are led to believe that the one company will be the one with the "highest bid" for ONCY - given that Coffey also recently spoke of entering into negotiations with the end result going to the highest bidder, as has happened with other biotech acquisitions. [such as with Immunomedics and others discussed on this message board]


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