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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

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 Quantum41on Nov 12, 2024 9:25am
211 Views
Post# 36308023

RE:Today’s News

RE:Today’s News3 points jumped out for me today;
1. Accelerated approval timing (Kirk) enrollment over 18 month, plus 6 month study. That means 24 month until decision for accel. approval? So we are talking middle of 2027
2. That's also mentioned by Christoph D. About market size, again 2027 mentioned for approval, with a revenue potential of 4 BN by 2030.
3. Cash is 19.6 Mio (Kirk) but total expenditure (my guess) will be close to double for 1 year. So the financing question is completely open! Part finding thru partners or the big  ,present pharmas like Pfizer and Roche seemed to be hinted at, but......
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