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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 Noteableon Apr 12, 2024 5:14pm
92 Views
Post# 35986729

RE:RE:RE:RE:RE:“Second mouse gets the cheese “

RE:RE:RE:RE:RE:“Second mouse gets the cheese “March 21, 2024 - Swiss contract manufacturer Lonza has agreed to acquire the Genentech large-scale biologics manufacturing facility in Vacaville, California, US, from Roche in a $1.2bn deal.

This move to shed this sort of large-scale biologics manufacturing appears to signal that Genentech is leaning-in on further partnering with specialized biologic "vaccine" manufacturing that BioNTech has acquired in developing mnufacturing capacities for the Pfizer mRNA Covid-19 vaccine Comirnaty, and that aligns with ONCY's lyophilized manufacturing of pelareorep currently produced by Merck KGaA's Millipore Sigma.

These events are beginning to place pressure on 
Merck KGaA to become an active player in the acquisition of ONCY, as a potential acquirer of ONCY.

https://www.pharmaceutical-technology.com/news/lonza-roche-site/  
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