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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

Post by westcoast1000on Apr 24, 2023 11:15am
463 Views
Post# 35410414

What was said

What was saidIn the last big conference call with the management team, the statement was made that they are not going to sell the company short, in terms of impatience about the results expected over the next several months.

They may well have had low ball offers. They are not going to pursue those offers until the major data sets are available and put out there.

Hence, we can expect to hear nothing, until after our results are released in various forms of completion.

Then they will run a methodical approach to seeking bids.

With more than one bid, they will have a current view of the value of the company at that stage.

Then they will make a deal. 

So time and patience are required. 

We are already nearly into May. 
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