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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

Bullboard Posts
Comment by bilosellhion May 22, 2003 12:17pm
229 Views
Post# 6108793

RE: BSspiral: ONC has 19 months of cash on hand

RE: BSspiral: ONC has 19 months of cash on handDD so you also seem to want to give the "informed" impression that the costs of developing a manufacturing process to produce reovirus will be more than the costs of conducting trials to actually get it approved (so they have a chance to use that manufacturing process) great logic - but i prefer not to ignore reality ie., the costs of restart of the phase I glio trials, the US based phase II glio & systemic trials and the ph II pivotal trial, presumably also in $US plus i didn't include the operating expenses of $500K/qtr (you know salaries & office supplies & stuff) in my previous review, so they probably are getting very close to 6 months of cash left, not the 9 i suggested earlier. but you can go right on dreaming about those 19 months. i won't attempt to further disturb your delusions.
Bullboard Posts