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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 Feb 25, 2023 2:04pm
206 Views
Post# 35305277

RE:RE:Simply Wall Street determines ONCY fair value at $157 p/s

RE:RE:Simply Wall Street determines ONCY fair value at $157 p/sAnd at no time in the past 24 years has ONCY been ready to move towards a registration study with pelareorep in combination with a biomarker in multiple cancer indications. Over this time ONCY has been able to demonstrate that pelareorep 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.

We are now awaiting for ONCY to confirm efficacy data and additional biomarker analyses from the yet-to-be-fully-reported BRACELET-1 mBC Phase 2 clinical trial that Big Pharma is expected to take into a Phase 3/4 registration/post-marketing confirmation study. 
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