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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 > AstraZeneca's ADC disappoints - on severe adverse events
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Comment by Noteableon Dec 12, 2023 4:27pm
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Post# 35780798

RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse events

RE:RE:RE:AstraZeneca's ADC disappoints - on severe adverse eventsDecember 12, 2023 - Pfizer expects to complete its US$ 43 Billion acquisition of Seagen on Thursday December 14, 2023, it said in a release. 

Pfizer also revealed a restructuring of its organization, establishing the Pfizer Oncology Division, which will combine oncology commercial and R&D operations. It will be led by Chris Boshoff, M.D., Ph.D., who has been Pfizer’s oncology R&D chief for the last six months. 

The new model is “designed to maximize the impact of this transaction and enhance our commercial execution across all the company’s therapeutic areas,” Pfizer CEO Albert Bourla said in the release. 

The Pfizer-Seagen merger is the largest M&A deal in biopharma since AbbVie acquired Allergan for $63 billion in June of 2019. 

https://www.fiercepharma.com/pharma/donation-agreement-pfizer-says-43b-merger-seagen-done-deal
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