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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 13, 2023 6:48pm
190 Views
Post# 35494796

RE:RE:RE:Bayer looking for a "mid-size M&A transaction" in oncology

RE:RE:RE:Bayer looking for a "mid-size M&A transaction" in oncologyAn independent opinion from a Big Biotech oncolcolgy chief scientific officer saying that a M&A valued between US$5 Billion and US$10 Billion is 'good vaue' for the acquiring Big Pharma company confirms what I have been saying for quite awhile. 

This notwithstanding ONCY's fair value is between US$10 Billion and US$15 Billion, given the shift in time and the increased competion that Big Pharma is facing with a looming patent cliff and their need to supplement their oncology product pipleines with novel late-stage cancer killing drugs like ONCY's pelareorep that is a late-stage Phase 3 ready drug.
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