Post by
lonc17 on Jan 25, 2024 11:20am
CG Oncology
CG Onoclogy raised almost $400 million U.S. and has a valuation of over $1 Billion U.S.
Oncolytics Biotech rasied $15 million U.S. (six months ago with the help of a predatory hedge fund that shorted shares ahead of the private placement and decimated shareholder value). Oncolytics Biotech has a valuation of under $100 Million U.S.
Here's the primary differences:
CG is currently enrolling patients in two different phase 3 trials (for bladder cancer).
ONC has talked about a phase 3 in breast cancer for the past five yeaas and has talked about a phase 3 in panc for more than one year. Neither have been submitted for registration with the FDA and ONC does not have the necessary capital to run on their own, neither do they have interest from big pharma.
CG has a strong c-suite.
ONC has Matt Coffey.
CG has a clean track record of successful prior trials in one well focused indication.
ONC has a 25 year history of failed and marginal results in more than a dozen different cancers (brain, prostate, melanoma, head and neck, ovarian, etc., just think of any part of the body and they've shown pelareorep does not work) and ONC has also demonstrated that pelareorep is ineffective when combined with at least ten different drugs. ONC went so far as to "rebrand" their product and change the name (Reolysin became Pelareorep) so as to sweep twenty years of failed trial history under the rug and hope no one does their homework.
CG is waiting for resutlts from their two phase 3 trials.
ONC is waiting for the phone to ring, hoping like hell that a hail mary offer is on the line.
Comment by
inthno on Jan 25, 2024 11:38am
Irving, Calif.-based CG Oncology (CGON) offered 20 million shares at $19 as it raised $380 million with underwriters Morgan Stanley, Goldman Sachs and Cantor Fitzgerald. Including an additional three million shares to be sold by underwriters, the deal will raise $437 million.
Comment by
Azzak34 on Jan 25, 2024 11:39am
Hey Deman, John Lennon died.
Comment by
Noteable on Jan 25, 2024 11:43am
That notwithstanding, CG Oncology's oncolytic product CANNOT be delivered intravenously.
Comment by
Noteable on Jan 25, 2024 11:52am
So De_man, now that you went off like a teenager having a wet dream, tell us how much it will cost CG Oncology to develop an intravenous (IV) delivered product?
Comment by
Noteable on Jan 25, 2024 12:57pm
De_man - while you are so engaged in constantly whining about the past you keep missing the big picture going forward. And no - we are not going to go back and forth, as you keep trying to suggest. You have been proven wrong in each attempt that you've previously mounted ... and that hasn't changed now either.
Comment by
Noteable on Jan 25, 2024 1:10pm
Yeah - that De_man is a funny guy ... De_man is one who can't tell the difference between one of his confused posts and another of his many contortions.
Comment by
venture009 on Jan 25, 2024 10:32pm
From the very beginning ONC has always made a corporate decision to have small number of patients in their trials. I follow ELVN and they have just announced 2 trials both with an excess of 100 patients. How can you ever say conclusively you have statistical significance with 10 to 15 patients. What's the point.
Comment by
itntdf on Jan 26, 2024 8:09am
using fda approved surrogate endpoints.
Comment by
Jf4270393 on Jan 27, 2024 1:37pm
Glad to see high patient population.
Comment by
lonc17 on Jan 25, 2024 2:06pm
This post has been removed in accordance with Community Policy
Comment by
Jf4270393 on Jan 26, 2024 2:00pm
Well done pukester. Live life negatively and allways use the should and could have pose. LOL
Comment by
Noteable on Feb 21, 2024 1:05pm
Cantor Fitzgerald has started coverage of newly public CG Oncology with an overweight rating and a price target for the stock at US $75.
Comment by
13X2413 on Feb 21, 2024 1:17pm
I knew it!!! Notes reappears and gets active with unrelated posts, Azz gets invisible and stock starts its journey downwards.
Comment by
Noteable on Feb 21, 2024 1:21pm
And who said that ONCY's share price wasn't being manipulated !!
Comment by
13X2413 on Feb 21, 2024 1:33pm
Your outlandish theory not helping my trading account. Time to get back to reality and post things that are pertinent to the sad situation this company finds itself in.
Comment by
Noteable on Feb 21, 2024 1:37pm
Oh Yeah, ... now I know who said that ONCY's share price wasn't being manipulated. numbersxnumbers .. one of the same operatives that I had named beforehand.
Comment by
13X2413 on Feb 21, 2024 2:02pm
I prefer operative to idiot. It's so cute when you get angry. :)