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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 28, 2024 3:41pm
145 Views
Post# 36336168

RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024

RE:RE:RE:RE:Big pharma is set to keep signing bigger deals in 2024Although Trump did not disclose his intended healthcare policy changes during his 2024 campaign, Trump’s return to the White House may drive biopharmaceutical merger and acquisition (M&A) deal activity. 

A change in USFTC leadership may encourage more M&A deals by large biopharmaceutical companies, as well as create a more favourable environment for smaller biotech companies to exit via acquisitions.

To bypass Trump’s proposed import tariffs of 60% on goods from China and 20% on imports from other ex-US countries, there may be an increase in M&A deals involving ex-US biopharmaceutical companies enabling the domestic manufacturing of drugs to sell in the US market. 
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