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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 > mBC Phase III
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Post by Quentin30 on Aug 01, 2023 3:26pm

mBC Phase III

Who wants to bet that in early 2024, ONCY will announce that from that point onwards, they will be focusing solely on Pancreatic Cancer ?

Since they will no longer be running a breast cancer trial with a CPI, the data is in. The data is already in from IND-213... which is now 5+ years old...  5 years, and the partner willing to pony up for the Phase III is (round of applause...), and the partner willing to pony up for the Phase III trial is... (another round of applause - think Von Trapp family singers moment at the Vienna music festival).

Perhaps the announcement of canning that project will come as early as the next quarterly update... 

roll on 2024.
Comment by ONCInvestor on Aug 01, 2023 4:05pm
It will depend partly on the OS data for Bracelet. That said, if the company has to choose an indication to focus on, it will be pancreatic for cost reasons alone. That would be my choice, at least. That said, if they are running any P3s themselves in 2024, then we all have a bigger problem.
Comment by jimsenior on Aug 01, 2023 4:45pm
cathy on yahoo nailed it. No matter how you slice it, this move smacks of weakness, and has left a broken stock even weaker, and vulnerable. They did not extend the warrants for those of us who have been supporting the company for years. Perhaps there is something that does not meet the eye, but I doubt it. Unlike cathy, I will not be adding shares. They have fumbled this for decades. MC better ...more  
Comment by westcoast1000 on Aug 01, 2023 7:23pm
cathy said it was self enrichment. I do not see any evidence of that. Keeping the company going 4-6 months longer is not self enrichment, given where we are with the results. But it does seem like weakness. 
Comment by JohnnyYeg on Aug 01, 2023 8:32pm
This move is NOT weakness.... expect news to follow very shortly. It will be surprising 
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