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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 Noteableon Nov 14, 2024 5:01pm
64 Views
Post# 36313662

RE:RE:RE:RE:RE:RE:RE:Looming Big Pharma Patent Cliff

RE:RE:RE:RE:RE:RE:RE:Looming Big Pharma Patent CliffNovember 13, 2024 -  "As a wave of patent expirations encroaches upon many of the world’s top drugmakers, companies will need to be diligent in acquiring external products with the potential to launch in the near term. Meanwhile, those pharmas facing greater generic threats in the coming decade may be more inclined to pick up earlier-stage candidates from beyond their own pipelines." 

"In the coming years, Bristol Myers Squibb, Merck, Amgen, Novartis and AstraZeneca are staring down the greatest level of exposure to generic and biosimilar competition while Vertex, Gilead Sciences, Sanofi, Novo Nordisk and Eli Lilly are the least exposed over the 2025-2030 timeframe, Leerink said." 

"The overall message of the report is clear: “Companies with sizable LOE exposure in 2025-2030 are under pressure to acquire assets that can be launched in coming years,” while “[t]hose which do not face significant LOEs until 2030+ may be more aggressive acquirers of earlier-stage assets.” "


https://www.fiercepharma.com/pharma/bms-merck-amgen-and-more-must-pursue-ma-offset-looming-patent-lapses-leerink


November 14, 2024 - In today's business development news, Merck (NYSE Symbol: MRK), for example, is reported paying more than 10 times as much for a bispecific molecule that has only just begun human testing.
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