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 > PwC sees continuation of US$ 5 to 15 Billion Bio M&A Deals

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Comment by Noteableon Feb 27, 2023 8:00pm

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Post# 35308465

RE:RE:RE:RE:RE:PwC sees continuation of US$ 5 to 15 Billion Bio M&A Deals

Nothing has changed other than speculation is increasing on Pfizer's hunt for M&A targets making PwC's view that Big Pharma's acquisition "sweet spot" is holding between US$5 and US$15 Billion.

And as previously stated a "putative" M&A acquisition of ONCY valued at between US$8-10 Billion for ONCY, as a bolt-on acquistion, which comfortably falls within this US$5-15 Billion M&A "sweet spot" range.

Additional reporting by other major consulting companies is increasingly supporting this estimated acquisition valuation.

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