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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 canadafanon Apr 22, 2024 1:36pm
147 Views
Post# 36001653

RE:RE:RE:Ok

RE:RE:RE:Ok

I was said by mangement, that being long before the recent pancreatic cancer opportunity, They would not even consider anything not starting with a $B
aka minium bilkion dollars.
For those who recall, that was on the heals of an O.V. Company from Australia bought out for just around $500 million.
All the others were in the $1-$billion range...( that was around 2016).
Since then pages of reports & buyouts have happened.
Some with great results for the aquiring company, some resulted in failures.
 Moving to today.
Notable has given ample evidence of the marketplace being $3B to $5billion.
Onc as far as we know.
1. working towards phase 3 MBc & pancreatic cancer phase 3; in both examples they need a significant business deal.
2. The FDA meeting results & bracelet O.S. Could be the required data to close the negotiations/ discussions etc.
Partneship ? Buyout? Other financial re- organization? Anything is possible.
To get announce phase 3 start dates & parameters, costs very little.
However with those questions answered.
" what does MBc phase 3 trial entail" ? " where does Roche sit within the pancreatic cancer phase 3"?
THEN , Onc has a much stronger negotiating position.
 

 

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