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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 > ONCY accumulated deficit (Tax losses applied to a buyout)
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Comment by inthnoon Feb 22, 2024 10:28pm
101 Views
Post# 35894868

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ONCY accumulated deficit (Tax losses applied to a buyout)

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ONCY accumulated deficit (Tax losses applied to a buyout) I.do not understand why u get so confrontational as I was trying to say is what it is and worth something in a buyout. U have your thoughts and I have mine but no matter how u look at it what you can wrote off against gains and what u save on taxes as a result are 2 different figures. 
So when a company writes off 450 million dollars you are saying that they save 450 million dollars in taxes.
Oh how I wish that were true come tax time.
Time to.change the subject and glad u r not anyone's accountant or they would be in jail.
Or maybe u never filed taxes.

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