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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

Post by canadafanon Jan 03, 2024 11:15pm
304 Views
Post# 35809908

Good question

Good question

A good question was asked.
why would Andrew G leave IF he knew compnay was being bought out.

simple.....$$$.

first point, he markes good $$, howevr is very employable & can always do well elseware.
second point. A newly aquired Onc would be cutting. Certainly would not need s usa office or VP of business development.
third point. Knowing he would be gone, which would be best $$$ after the dust settles.
He would get a severance. 

Now, leaving early? We don't know, his leaving could have been forced as part of deal.
regardless. He could start a new job. And benifit from the options he left with.
o

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