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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 5:47pm
123 Views
Post# 35489390

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

RE:RE:RE:Conditions are right for biopharma M&A to break outRepeatJune 08, 2023 - "Big Pharma Goes Shopping: Biotech Acquisitions Set to Skyrocket"

' When it comes to biotech M&A activity, cancer has been one of the hottest areas of focus. This is due in part to the significant progress that has been made in the development of cancer treatments in recent years. With new treatments showing promise in clinical trials and the potential for significant profits in the market, larger companies are looking to acquire young biotechs in the space.'

'Overall, it seems that 2023 will be an exciting year for the biotech industry, with continued M&A activity expected. For retail investors looking to get in on the action, investing in smallcap biotech companies with some wins under their belt could be a smart strategy, provided that they do their due diligence and [had taken] a long-term view. '


https://ca.sports.yahoo.com/news/big-pharma-goes-shopping-biotech-145100817.html
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