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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 canadafanon Jul 21, 2024 5:31pm
252 Views
Post# 36141968

RE:RE:RE:From Linkedin

RE:RE:RE:From Linkedin

My long time away , weekend update.
Not much to add actually.
fastrack5 , brought into focus the relevant information.
regarding the $150million shelf perspectus.
Nothing new, what so ever about that.
They have had that running for many years.
like all legal requirements, there are dates of completion of the notice.
The renewal is not new $$, just a continuation of previous.
meaning they have the ability to issue up to $150 million in new shares.
Does not mean they will, but can.
other than that, it is a wait & see time.
The ducks are lining up. So we wait.
Regarding the lack of volume = lack of interest?
double equally important views on that.
One, few are selling. Waiting for news.
Two , few are buying waiting for news.
The day traders have moved on. 
The existing institutions & insiders are neither buying or selling, waiting for news.
anyone , understanding the dynamics of onc & Pelareorep , appreciate the importance of the upcoming next few months.
The recent FDA meeting report was favourable.
They are lined up to start the panc cancer early next year.
The only open end, is the O.S. Results from the MBc bracelet trial.
That event could trigger, licensing deal, buyout or similar.
stay Tuned.

 

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