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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

Post by venture009on Jun 18, 2023 12:59pm
196 Views
Post# 35502471

Future Value

Future ValueIn 2018 MC had meetings promoting the impending rs. At one of those meeting he contended he wouldn't accept anything less than $1.5 billion. A lot has happened since the results seen from IND123 have mirrored; the panc trials have presented overly promising results; there is enough evidence in a variety of cnacers (MM, gastro-intestinal; glioma, etc.) to suggest the value now is far greater than the $1.5 billion MC preposed in 2018. As has been pointed out on this and other boards how can you  get from less than $2 US or $$140 million market cap to somewhere near an acceptable market cap of $3 to $5 billion ( $50 to $70 sp)? This is definitely a leap and again as pointed out by contributors to the boards, highly unlikely. So can management and the board do what's required to get maximum value? It wouldn't surprise me if thesetype of discussions are occurring now. Realistically if you were a BP I don't believe there is a snowballs chance in hell they will even consider these lofty valuations with a current  market cap of less than $140 million. This is a reflection of the managements ineffectiveness of getting the message out over the past 5 years. As they say "the hens have come home to roost".The next few months will be the most important for shareholders IMO.
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