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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 Apr 07, 2023 1:08pm
235 Views
Post# 35384734

RE:Options discussion: conditional on performance

RE:Options discussion: conditional on performance The 'strike price' equals to the price that the stock had been trading on the day when the share options are granted to management. So there is no incentive for management to work to increase the share price, unless they are ready to exit or sell the company, since a higher stock price does not work in their favor until such a time when they are ready to exit/sell the company. So existing shareholders of the company should be concerned of management's / BOD actions to expand the company float at this time.
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