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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Healthcare Biotechnology
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

Oncolytics Biotech Inc > Pfizer invests in allogeneic CAR-T therapy company
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Comment by Noteableon Jul 06, 2023 11:15am
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Post# 35529212

RE:Pfizer invests in allogeneic CAR-T therapy company

RE:Pfizer invests in allogeneic CAR-T therapy companyFurthermore, ONCY has received no government funding in the development of pelareorep, which serves to preclude any US government proposals to cap drugs which developed with federal funds, thus placing ONCY's pelareorep in an unrestricted pricing space that is favorable to any acquirer of ONCY.

https://www.fiercepharma.com/pharma/sen-sanders-proposes-price-caps-drugs-which-were-developed-federal-funds
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