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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.


TSX:ONC - Post by User

Oncolytics Biotech Inc > Merck USA (MSD) acquires Phase 2 biotech for US$ 10.8 Bln.
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Comment by Noteableon Apr 17, 2023 12:49pm
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Post# 35398711

RE:RE:Merck USA (MSD) acquires Phase 2 biotech for US$ 10.8 Bln.

RE:RE:Merck USA (MSD) acquires Phase 2 biotech for US$ 10.8 Bln.
Quoting analysts, Prometheus has predicited that the inflammatory bowel disease market will be worth upward of $49 billion by 2030.

https://www.fiercebiotech.com/biotech/merck-inks-11b-prometheus-takeover-firing-starting-gun-roivant-race-blockbuster-bowel

The global personalized medicine market in which ONCY is positioned in is predicted to grow to US$ 5.7 trillion by 2030

https://www.biospace.com/article/personalized-medicine-market-size-to-garner-us-5-7-trillion-by-2030/

Meanwhile the global immunotherapy drugs market size is expected to reach around US$ 351.56 billion by 2030 


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