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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 Noteableon Mar 09, 2024 8:22pm
125 Views
Post# 35924842

RE:RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024

RE:RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024As requested, when I wrote that Big Pharma is interested in entering into M&A deals with corporate partners possessing complimentary, innovative, and market-ready drug products approaching commercialization, and that acquisitions of those biotechs with these kind of drug products, is a major solution to the looming problem that Big Pharma is beginning to face, I am referencing ONCY's "platform drug" pelareorep which can be used in multiple cancers and is an effective near market-ready and complimentary solution to Big Pharma's current product pipeline and can preclude Big Pharma's looming problem of loss of market exclusivity and accompanying revenue decline, particularly if they fail to take the appropriate M&A actions to mitigate the impending damage to their product pipelines.
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