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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling 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 Sep 05, 2023 8:16pm
297 Views
Post# 35621023

Accelerated Approval

Accelerated ApprovalAs Noteable has pointed out pela should receive AA. WIthout this approval I fear the sp will languish between the current price and $6 and a partner will be slow to jump on board. If you remember the H&N PIII approval the stock hit a high of $6.50 and no partner stepped forward. Granted much more is know about the mechaism of pela but the recent action on the sp is subdued and similar to H&N action. AA will signal to potential partners the train is leaving the station. Without it we will remain on the siding.   
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