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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 Noteableon Dec 05, 2023 2:13am
228 Views
Post# 35768350

RE:AA ?

RE:AA ?If you understand what I had been posting you would have seen the evidence that the issuance of an Accelerated Approval to pelareorep would result in an immediate revenue stream that would be applied towards the Phase 3 confirmatory study and preclude the need for any subsequent capital raise.

Furthermore we already know that checkpoint inhibitor monotherapy is ineffective due to an immunosuppressive TME, which ONCY's pelareorep is able to remodel in advance of CPI administration, thus making the pelareorep + CPI combination synergistic in comparison to either drug, as a monotherapy.

In addition, the BRACELET-1 study demonstrated that pelareorep is an active agent . The pelareorep + paclitaxel combination was more effective than paclitaxel alone, indicating that pelareorep enhanced the combination over either drug as a monotherapy.

Also, were ONCY's  request for an Accelerated Approval be granted, Big Pharma would likely step in to aquire the company, since their control of a Phase 3 confirmatory clinical trial would likely be their preference. At that point Big Pharma would be responsible for the cost of the trial, as they would own the company. Their trial costs would be further offset by the ongoing post-approval revenue stream of pelareorep, and the CPI that they potentially own.
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