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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 Journeytcon Apr 30, 2024 8:38pm
126 Views
Post# 36016270

RE:ONC One Year Price Chart

RE:ONC One Year Price ChartWe don't have to wait years to get resolution on the 30% of patients in the total population that dropped out and whether they respond.   The phase 3 trial will be designed to give an interim read out.  We already have biomarker results from the AWARE trial that suggest we should be looking at a very high response rate, double what we saw in the Bracelet outcome.   
The interim readout will also prove the biomarker.  Acquisitions won't give credit for conversion of the dropout population until trial proven.  I suspect the large Pharma's are prohibited from putting in a bid by confidentiality agreement they've signed to look at past data.  ONC wants to put this up for sale at the right moment with treatment risk and population size known for breast cancer.   So all companies are positioned equally and bidding aggressively. 
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