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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

Post by venture009on Dec 03, 2024 2:42pm
134 Views
Post# 36343474

NR

NRGood release but again the market reaction is currently viewing this as an event which won't mature until at least the second half of 2025. This is the history of this company, always looking to "tomorrow" to justify the future. In the mean time what is going to prevent delisting from NASDQ?
It would seem the only thing remaining would be a parntership or buyout. Can they get it done, the past suggests chances are low but one thing seems certain for this type of event to occur the price will be more beneficial to the purchaser. 
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