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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 24, 2024 11:00am
79 Views
Post# 36103239

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

RE: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 ... ” the recent PwC report’s authors concluded. 

ONCY's pelareorep fits both the accretive and novel therapeutic approval value proposition check-offs that Big Pharma says it is looking in an acquisition deal. 

This nothwithstanding Big Pharma has been increasingly moving upstream in the R&D and innovation continuum, due to the lack of available assets in the form of late-stage clinical development biotech companies like ONCY, and have moved towards both pre-clinical and Phase 1 assets, as part of their current acquisition strategies.


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