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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a 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... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > Pfizer acquires US biologics manufacturing plant
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Post by Noteable on Jan 17, 2023 7:40pm

Pfizer acquires US biologics manufacturing plant

January 17, 2023 - Pfizer "inked a deal to acquire Abzena’s manufacturing plant, which boasts “extensive capabilities” for the production of biologics drug substance, the companies announced on Tuesday." 

“Biologics continue to be an integral part of Pfizer’s pipeline and this acquisition will expand our research, clinical and commercial manufacturing capacity and help us accelerate the development of our pipeline products as well as support our Pfizer CentreOne customers,” said Pfizer’s executive VP and chief global supply officer Mike McDermott said in the release.


Abzena and Pfizer’s CentreOne contract manufacturing unit will collaborate on biologics going forward, the companies said.
 
The Sanford facility was Abzena’s only site in North Carolina, though the San Diego-based company lists other locations in California, Pennsylvania and the UK.
 
The new facility is near Pfizer’s existing Rocky Mount and Sanford manufacturing sites, McDermott noted

https://endpts.com/pfizer-inks-deal-to-snatch-abzenas-new-north-carolina-manufacturing-site/
Comment by itntdf on Jan 17, 2023 8:45pm
pfizer's ceo, albert bourla, is in davos.   it's reported that many of the ceo's aren’t participating in public panels, either; they’re holding private meetings with existing and prospective clients at hotels scattered across town. one C.E.O. said he was in back-to-back 30-minute meetings every day from 7:30 a.m. through 7 p.m., before heading to countless dinners. deal ...more  
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