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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 > Sanofi Exploring Acquisition of KRAS Cancer Drugmaker Mirati
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Comment by Noteableon Oct 09, 2023 3:51pm
115 Views
Post# 35676115

RE:RE:RE:RE:Sanofi Exploring Acquisition of KRAS Cancer Drugmaker Mirati

RE:RE:RE:RE:Sanofi Exploring Acquisition of KRAS Cancer Drugmaker MiratiUS$1 Billion for Mirati Therapeuics P1/2 MRTX1719 , the PRMT5 inhibitor which is expected to enter phase 2 testing in the first half of 2024 - suggests that ONCY buyout valuation is north of Mirati Therapeuics acquisition price.
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