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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

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.


TSX:ONC - Post by User

Oncolytics Biotech Inc > USA Inflation Reduction Act (IRA) 2022 Re: Biotech and China
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Comment by Noteableon Nov 08, 2024 11:07am
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Post# 36303243

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

RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and ChinaNovember 08, 2024 - China on Friday announced a five-year debt resolution package totaling 10 trillion yuan (US$1.4 trillion) to tackle local government debt problems, while signaling more economic support would come next year - yet Pfizer announces US$1 Billion investment in China through a recently announced Pfizer 5 year China strategic plan, which suggests that Pfizer doesn't really know what's happening and is randomly making making bizzare investment announcements following Starboard's challenge of Pfizer's failing to deliver on "Best Pipeline" promises.


https://www.cnbc.com/2024/11/08/china-expected-to-announce-highly-anticipated-fiscal-stimulus-package.html

https://www.biospace.com/business/pfizer-makes-1b-commitment-in-china-to-boost-innovation-target-chinese-market

https://www.investors.com/news/technology/pfizer-stock-pfe-starboard-activist-investor/


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