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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 Jun 20, 2024 8:42pm
89 Views
Post# 36099181

RE:RE:PwC sees continuation of US$ 5 to 15 Billion Bio M&A Deals

RE:RE:PwC sees continuation of US$ 5 to 15 Billion Bio M&A Deals"The first half of 2024 shows how the industry has learned to execute accretive deals in the face of persistent headwinds,” the PwC report’s authors concluded. “ 

"So what’s driving interest from buyers? The report’s authors pointed to “strong numbers of novel therapeutic approvals, alongside major strides in innovation.”

And ONCY's pelareorep fits both the accretive and novel therapeutic approval value points that Big Pharma says it wants to have in an acquisition deal. 
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