First buckhenry was creator of " get smart"; a great & fun TV series from the 1960s
doubt that is you. As he died 2 yrs ago.
moving on...
The medical, clinical discussions are very important & need to be understood. That being to appreciate the $$$ value potential of the company.
Onc is a biotech, with Pelareorep as its only product.
therfore , the potential end use of Pela becomes ONCs value.
day to day share price?
it will go up & it will go down. notice the low daily volumes.
meaning
Not a massive sell off based on anything other than some day traders cashing in.
Nor a massive buying
why or why not?
Onc is clinically 3 months away from boom or bust.
That simple. Please see oncolytics biotech web investor presentation fo4 details.
Explained further.
there are about 5-6 trials in progress. All in co- therapy , amongst Pfizer, Roche, Merck, & Incyte.
Thst we know of. They have also revealed they are in " confidential" trials with " multiple " pharma , looking towatrds a CAR-t , marketing deal.
Of the mentioned 5-6 trials, most significant is the Pancreatic cancer results revealed a few months ago.
That is with Roche. The original " run in" results were above expectations. They immediately ramped up enrolment.
The additional results from that expected to be presented near end of year.
should the additional patients respond as did the first few. Then Pelareorep becomes a blockbuster therapy.
The very long waited breast cancer, moving to phase 3 , with Pfizer is also expected to be announced near end of this year.
Either of those 2, move the value of Onc to a whole new league.
there is a possibility of failure ?
none of early data ( hence the medical lessons), indicate anything but great news ahead.
buy- out? Partnerships, are all hinging on the upcoming trial results.
The CAR-t, is a side story running on its own Merritt.
All of the above changes zero, based on share price, today , tomorrow or ever.
Assuming the panc cancer trial brings the great results expected.
That would put Onc in a great position to negotiate either a longer term licensing deal/ parteship.
or outright buyout.
simialr takeover deals, for junior bio, with much less to offer, have recently been in the $5-$10billion range.
SP equating to about $16( usd)/ billion.
remenber they buy based on present value of future sales of the product, Not what SP is trading at.
hope this explains a few thIngs