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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 ONCInvestoron Oct 24, 2023 4:54pm
220 Views
Post# 35699029

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not one, but two positive news items out today

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not one, but two positive news items out today I think signing with PanCan and actually commencing enrollment of the Phase III should give us a boost. I am concerned that we blew through that 90-day window. It's unbelievable (or rather all too believable) that management set that expectation and didn't deliver. Management consistently over-promises and underdelivers. 

When they first revealed the pancreatic results last December, I had a feeling that they were telegraphing that they would not be proceeding with mbc. The whole point of Bracelet was to identify a checkpoint inhibitor and we failed to do that. For the recorsd,I prefer to proceed with pancreatic which I think offers the last, best hope for this company. (On that note, when will we see OS data for mbc?)

For what it's worth, I do believe that there is efficacy here--otherwise I wouldn't be here still. And I think that the pancreatic results are legitimately good. And in fairness, that efficacy is probably best shown sooner in treatment, rather than at the end.

However, I also think with a shorter track record and a better management team, we would be worth multiples of what we are worth now. 
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