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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 lonc17on Feb 21, 2024 5:49pm
95 Views
Post# 35891990

RE:RE:RE:RE:RE:RE:RE:ATM

RE:RE:RE:RE:RE:RE:RE:ATM"If we have positive news on the horizon...why go to the well?"

MC knew back in early December that there was no chance of any positive news in the near future. That's why he let his options expire even though they WERE IN THE MONEY.  I remain disgusted by his actions at that time and I will forever declare him to be a terrible CEO.

What's changed in the past two months?  ....  um, hmm... nothing?

No good news on the horizon means ONC needs to raise capital regardless of how low the SP drops.

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