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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 26, 2023 10:04am
154 Views
Post# 35305721

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

RE:Simply Wall Street determines ONCY fair value at $157 p/sAnd because Matt Coffey hired "new" doctoral level scientists, who have worked to bring ONCY through the breast, pancreatic, colorectal and the AWARE-1 clinical studies in partnership with Pfizer/Merck KGaA Serono and Roche ONCY is a different company than some seem to remember. 

As a consequence independent stock analysis companies like SWS determine that ONCY's fair value is in excess of US$8 Billion or $157 per share.

Now major research hospitals like Memorial Sloan Kettering are seeking to affect similar immune responses that ONCY had demonstrated pelareorep activates in Sloan Kettering's attempt to follow in ONCY's footsteps in the treatment of pancreatic cancer, for example.

ONCY is "no longer your father's Oldsmobile", as some keep trying to contend.
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