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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 Noteableon Jun 09, 2023 5:35pm
132 Views
Post# 35489372

RE:RE:RE:ONCY's pelareorep is now Phase 3-ready

RE:RE:RE:ONCY's pelareorep is now Phase 3-readyGiven that pelareorep has demonstrated single agent anti-cancer activity in a well controlled and randomized Phase 2 clinical study, multiple Big Pharma companies are seeing of the significantly positive results from this late-stage clinical study.

And late-stage biotech companies with novel biological cancer therapies are what Big Pharma are "paying up for", particularly now that the FTC is targeting deals over US$25 Billion and that we are moving into this second half of 2023 when M&A deals are ready to pick up for late-stage cancer assets under the US$25 Billion ceiling..


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