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 > Roche to name a new CEO by March 2023

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Comment by Noteableon Jan 13, 2023 3:16pm

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RE:RE:RE:RE:Roche to name a new CEO by March 2023

There is no expected changes in management or team members other than the already announced change in CEO. And decisions on acquisition targets have been made. The only thing will be for the new CEO to review and rubber-stamp what has most likely has been decided on, except for the acquisition value - which will likely signficant higher now for ONCY, for example, given the demise of Roche's CD47 and anti-TIGIT prospects.

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