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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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 canadafanon Oct 07, 2024 10:20am
151 Views
Post# 36255957

RE:RE:Wow

RE:RE:WowLast short squeeze was very similar. Yet 5 yrs ago. Went from under $1 to over $5 in a few weeks. This time IS Different! They are in writing talking about accelerated approval. THAT , is the brass ring for onc. Any approval, would move oncolytics biotech from development stage to marketing stage. Going back 5 yrs, only had expectations of outcomes. Now, the pancreatic cancer co therapy alone, could move them to blockbuster status. Pancreatic cancer is almost a death sentence. The phase 2 results & reason for potential accelerated approval, showed some very substantial improvements over existing standard of care. The MBc which they do not yet have a partner or funding, is icing on the cake. Onc is a prime take over target. Ohalmost forget. They are in process of starting an add arm, funded from a $5million grant from PanCan, They have been superseded by CGAR, who is collaborating with the additional arm, alongside Roche. And The upcoming pancreatic cancer trial. Again, I direct those looking for information to go to oncolyitics web site. Great detail & explanation of the science. It is the science that will determine the ultimate value of Onc , not the day-day share price. Hard concept for many.
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