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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 Jan 04, 2024 2:32pm
156 Views
Post# 35811060

RE:RE:RE:"The reality is the boats are shaking"

RE:RE:RE:"The reality is the boats are shaking" January 04, 2024 - Big Pharma Seeking Pipeline Diversity:

Big Pharma companies are grappling with an internal research and development deficit, limiting their capacity for replenishment in the face of the patent cliff. To offset the revenue loss, these companies are actively seeking "best-in-portfolio" deals across both late- and early-stage assets. Areas such as rare diseases, oncology, and immunology are particularly appealing, with investments in drugs nearing regulatory approval offering a more expedited and certain path to market. McKinsey reports an increasing percentage of revenue derived from externally sourced pharmaceutical innovation, emphasizing the significance of such deals. 

Looking ahead, it is anticipated that the number of M&A deals involving small and medium-sized companies will accelerate over the next few quarters.

https://www.echemi.com/cms/1601111.html


 

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