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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling 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 12, 2024 4:55pm
165 Views
Post# 35824452

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:From $0.52 to $28.00 in 12 months or $3.5 to $23 in 3 months

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:From $0.52 to $28.00 in 12 months or $3.5 to $23 in 3 monthsIn ONCY's case being Phase 3-ready means that ONCY could receive an Accelerated Approval from the FDA in advance of any protocol and in advance of the enrollment of any patients into a confirmatory Phase 3 clinical study.

https://www.lawinsider.com/dictionary/phase-iii-ready

Since ONCY's pelareorep is a biologic that is able to treat several rare diseases,  its all a matter of having produced the clinical results and completed due diligence, which ONCY appears to have successfully achieved..

https://www.deallus.com/wp-content/uploads/2019/01/Deallus-The-Three-As-of-Launch-Readiness.pdf


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