Oncolytics Biotech Inc ONCY

Primary Symbol: T.ONC

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 > Conditions are right for biopharma M&A to break out

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Comment by Capitalistaon May 16, 2023 10:07am

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Post# 35450118

RE:RE:RE:RE:RE:RE:RE:RE:Conditions are right for biopharma M&A to break out

Noteable, I'd say that Pfizer buying Trillium was the catalyst that drove up the share price, regardless of the market reaction. This is the type of business deal I'm talking about. Generally these acquisitions are not telegraphed for compliance reasons.

I think ONC is a fabulous takeover target. Just waiting for the day . . .

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