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Bullboard - Stock Discussion Forum 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... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > ONCY's net operating loss carryforward a/o March 31, 2022
View:
Post by Noteable on Jul 09, 2022 4:58pm

ONCY's net operating loss carryforward a/o March 31, 2022

Currently equals to a minimum US$5.52 per share to any acquiring Big Pharma company.
Comment by Noteable on Jul 09, 2022 6:07pm
Accumulated net operating losses (NOLs) can serve as one of the keystones to a successful M&A deal. ONCY's NOLs are currently worth a minimum of US $5.51 per share to any acquiring Big Pharma company.
Comment by Noteable on Jul 09, 2022 6:21pm
Alternatively, a new approach to financing could become available to pre-revenue biotech companies if Congress signs off on a plan to give small biotech companies the ability to sell their net operating losses (NOLs) on the open market without actually going through the M&A process.  This plan would allow early-stage companies with an entirely new source of capital, without having ...more  
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