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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 Quentin30on Feb 23, 2024 3:11pm
106 Views
Post# 35896311

RE:RE:RE:RE:up up and away

RE:RE:RE:RE:up up and awayAzzak... up 7% on a market red day...  

New management...  and in the earnings call indicated that they will be profitable again by H2...  so losses will be in the rear view mirror... But don't take my word for it... market seems to agree with me.

I was in at 16, so almost another double.

why keep ONCY shares..?  Management sucks..  but the possibility exists that when replaced, this company can truly deliver.. if not, well nothing ventured... 

Still, stock ain't going nowhere without conclusive, statistically meaningful data... and there's always a chance we MAY get that this year... 
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