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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a 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 phase 3 licensure-enabling 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 28, 2024 10:11am
77 Views
Post# 36011513

RE:RE:RE:RE:EU Legislative proposals aims to expedite new medicines

RE:RE:RE:RE:EU Legislative proposals aims to expedite new medicinesThe boundaries of the M&A playing field are expanding, propelled by interconnectedness and a standardization of international regulatory policies. As the large molecule biopharmaceutical industry expands , organizations must be prepared to explore opportunities beyond traditional small molecule drug treatment, and take a more wholistic approach that precision medicine intends to accomplish. This entails venturing into new strategic partnerships, and accessing promising assets and markets in emerging disease treatment sectors, including Orphan and Rare diseases. By adopting a mindset beyond conventional thinking and embracing new immuno-oncology treatment combinations, biomarkers, and predictive diagnostics, organizations can unlock new avenues for growth and expansion in the dynamic landscape of biopharmaceutical M&A, which ONCY's platform drug pelareorep is positioned to deliver on in multiple cancers, like the "orphan drug" space of metastatic pancreatic cancer (PDAC) and the"big disease" space of HER2- negative breast cancer.
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