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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 canadafanon Jan 22, 2025 1:03pm
155 Views
Post# 36415432

RE:RE:RE:Let me state the obvious

RE:RE:RE:Let me state the obvious Regarding the 18 month continuation comment.
they were referring to on- going operating & continued inplace trial costs.
They do have funding & support for the Pancreatic cancer " enabling trial" through the CGAR support.
That trial, will be simplified as they do not need a control group. Being allowed to use existing inplace data.
That opportunity cuts the enrolment needs in half & thus the cost.
bring a very fatal disease, once certain conditions are met, then can ask for accelerated approval.
People greatly need to appreciate. Onc is not running the trials.
CGAR is , alongside Roche very qualified advisors.
Many want this to sucseed.
regarding the MBc trials. They do not have funding & 100% need outside funding.
Being a licensing deal or complete buyout.
My opinion , FWIW , I see a buyout from Roche.
when?
Roche people are listed as co- authors & advisors of the just announced abstracts.
Now time for the techical people ( PhDs ) to talk with the finance people.
lawyers, accountants, advisors etc etc.
Assuming the 32 million share day last week was an ATM fill.
gives Onc stronger negotiating power.


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