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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 venture009on May 09, 2023 11:20am
302 Views
Post# 35438542

Volume

VolumeThe most recent conference call was upbeat with management hinting of better things to come. However, the market has not bought into managements expectations. After 1.5 hours of trading May 9th, there is less than 1000 shares traded on Toronto and 19000 (38000/2) on NASDQ, which is a total lack of enthsiasm. As has been the case over the past decade or more there is a complete disconnect between what's coming from the offices of ONCY and reality. Will it be different this time? We can only hope but it the past predicts the future everyone should curb their enthusiasm until management finally delivers the goods. 
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