Oncolytics Biotech Inc T.ONC

Alternate Symbol(s): ONCY

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.

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Oncolytics Biotech Inc > Takeda acquiring Nimbus Therapeutics subsid for US$4 Billion

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Comment by Noteableon Dec 13, 2022 12:25pm

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Post# 35168744

RE:Takeda acquiring Nimbus Therapeutics subsid for US$4 Billion

US$4 Billion for one drug in one indication ..... psoriasis .......

Whereas ONCY's pelareorep is an immune molecule platform technology that can be used in multiple high value cancer indications with multiple other I/O cancer drug treatments, the includes PD-(L)1 immune checkpoint inhibitors, CAR-T therapy, bispecifics and small molecules such as PARP and CDK4,6 inhbitors, for example.

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