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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 10, 2023 7:31pm
170 Views
Post# 35490302

RE:RE:Biotech M&A to Boom across a landscape of uncharted markets

RE:RE:Biotech M&A to Boom across a landscape of uncharted marketsOne final aspect that should never be underestimated when it comes to deals is the perspective of the Federal Trade Commission (FTC) regarding acquisitions and consolidation. As numerous deals continue to make headlines, it’s reasonable to anticipate heightened scrutiny around antitrust considerations, particularly with the larger transactions that are currently taking place."

[ Something that I have been saying since the FTC came into the picture with the initial Merck/Seagen acquisition, which Merck walked away from, and now the proposed US$43 Billion Pfizer/Seagen M&A deal that the FTC will likely deny - thus steering Pfizer towards a bolt-on acquisition of under US$25 Billion, like that for ONCY. ] 
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