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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Post by SundayMovieson Mar 08, 2023 8:00am
188 Views
Post# 35325324

Hostile Take Over - Part II

Hostile Take Over - Part IIThere is no poison pill and SP is very low.

The assets are very valuable (i.e. a plateform drug) with 2 applications nearing PIII like valuation.

No controlling shareholder bloc...

Adlai Nortye has deep pockets
but also multitude of private funds (hedge funds) wanting a quick leveraged play.

The odds are very high that a hostile take-over arises in the coming weeks.

Hold on to your share for the data release
Hold on to your share for a hostile move

Hold on to your share at your peril if you are shorting this baby...

The lady is going to get rich either way!

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