Oncolytics Biotech Inc T.ONC

Alternate Symbol(s): ONCY

Healthcare Biotechnology

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.

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Oncolytics Biotech Inc > USA Inflation Reduction Act (IRA) 2022 Re: Biotech and China

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Comment by Noteableon Sep 05, 2024 1:31pm

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Post# 36210215

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and China

September 05, 2024 - The decision by New York prosecutors to charge a former aide to the New York governor this week with acting as an illegal agent for the Chinese government has raised concerns about China’s efforts to influence U.S. politics

Sun's arrest on Tuesday is the latest, and perhaps most high profile, in a series of cases the U.S. Department of Justice has prosecuted in recent years to root out Beijing's agents on U.S. soil.

While previous cases involved charges against suspected Chinese spies for reporting on and surveilling dissidents critical of the Communist Party, Tuesday's case appeared to show how China is trying to directly influence U.S. politics in line with its interests, even at the local level.

China sees it as important to cultivate state-level relationships with U.S. officials, and has always done so.

https://abcnews.go.com/International/wireStory/beijing-interested-mid-level-government-aide-new-york-113416012

Interesting how Buckeroo keeps wanting to distract away from China.