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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 Eileen68on Apr 30, 2023 1:58pm
179 Views
Post# 35421707

RE:RE:RE:RE:RE:RE:RE:ASCO relevance

RE:RE:RE:RE:RE:RE:RE:ASCO relevanceBack to the original discussion of share price. Forgetting about AA, one P3 ready trial is worth 1bln+. Most contend we have 2. This implies a value of around $30/share US. Regardless of the therapy, a big pharma will likely not buy the panc and Mbc rights for 10bln, which I think they are worth, from the current SP. Therefore, in order to get the 10bln I believe management is looking for, we need a launching point much higher than current levels. Oppenheimer coverage laying out our story could get us to 30 - From which big pharma could reasonably make an offer for 10bln. I believe with bracelet and ind 213, a big pharma partner could gain AA with a confirmatory P3 required. This would immediately validate and justify the price they shelled out for us. These are just my views. They may have no relevance to what actually happens. 
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