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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 venture009on Aug 14, 2023 11:04am
179 Views
Post# 35586992

RE:RE:RE:RE:ONCY posts Q2'23 Financials & mBC intent

RE:RE:RE:RE:ONCY posts Q2'23 Financials & mBC intentNoteable, most would agree with you re AA, especially because of the limited therapies available to treat panc. Also, AA could be the catalyst to finally attract both retail and possible buyout or partnership with BP. However, without this event, it will be more of the same from ONCY management. They obviously don't have anywhere near the resources to do 2 PIII trials, which means more dilution will be a certainty. The current action on the sp would suggest the market isn't enthusiastic, at least yet, with a FDA AA. The burning question is do we need this to finally attract a BP. The fireside chat barely mentioned partnership or ongoing talks with a BP. 
 
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