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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 Probosciseson Apr 29, 2023 6:04pm
190 Views
Post# 35421162

RE:RE:RE:ASCO relevance

RE:RE:RE:ASCO relevance

Genenan2004, welcome back!  I remember you from the old Yahoo ONCY and ONCY v2 boards. You were always a voice of calm reason and you often brought valuable insight. If I remember correctly you were an MD or involved in biotech, or something to that effect. In any case I am pretty sure you are the same guy as from the old days since you write in the same thoughtful and informed style. 

I was also a pretty engaged ONCY message board participant from around 2002 to 2013, but I then backed-off as my work life got busier and as I saw it would take significantly longer for ONC/Y to prove itself (if ever). I kept reading press releases and quarterly reports, but rarely message boards. I sold all my shares at one point when I expected a pull-back, but then bought them all back ( and more) at a lower price point.  It certainly helped my average shareprice, but like most here I'm still considerably under water.  As the shift in thinking took place from reolysin (pelareorep) as a cytotoxic to primarily an immuno-therapeutic agent my interest grew again. I was impressed by the calm focus of ONC/Y on this new direction and the consistent progress they were making. 

So now we are here, partly through a long string of positive results over the past few years and hoping for strong supportive evidence from the maturing data of BRACELET-1.  Hopefully enough evidence to lead us to a partnership or buyout and one or two registration studies in the near term. 

We will have lots to chew on over the next few months. I welcome your input in digesting the news. 

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