Oncolytics Biotech Inc T.ONC

Roche to acquire Telavant for $7.1b.

[fox7mf]

Telavant holdings is currently owned by PFE and is having promising results treating crohns. Where's Oncy's deal? We wait...I guess.

[Noteable]

Roche to acquire Telavant Holdings experimental IBD drug known as RVT-3101 for $7.1 billion.  Roche said that it would buy Telavant Holdings, a vehicle in which Roivant and Pfizer have placed the rights to develop, manufacture and commercialize the experimental drug known as RVT-3101 in the United States and Japan. https://www.reuters.com/markets/deals/roche-buys-telavant

[Noteable]

https://www.thestreet.com/investing/stocks/roivant-surges-as-ramaswamy-found-firm-reaches-7-1-billion-roche-deal

[Noteable]

June 2023 -    Roivant Reports Chronic Period Data for RVT-3101 from the TUSCANY-2 Phase 2b Study in Ulcerative Colitis, Demonstrating Improved Efficacy from the Induction to Chronic Period https://investor.roivant.com/news-releases/news-release-details/roivant-reports-chronic-period-data-rvt-3101-tuscany-2-phase-2b

[Noteable]

“.... results were further enhanced in the roughly 60% of patients selected by a prospectively defined biomarker which had been identified in the earlier Phase 2a TUSCANY study. ”

[Noteable]

On the strength of biomarker data in Riovants Phase2b study , Roche is very likely looking towards filing an Accelerated Approval with the FDA for Telavant.

[13X2413]

Oncy's deal? Apparently todays news wasn't highly thought of. Why would there be interest from anybody if everything they release knocks the share price further down.  To me, it looks like ONC doesn't have much to offer. Price action=public sentiment. 

[canadafan]

There is a strong underlying group of shorters & bashers working hard to suppress any good news out in Onc. Don't believe me! Twice in the past week. Two of my posts over on another chat site have been pulled down. neither attacked anyone. I don't do that. Regarding SP & investor sentiment, you are 100% correct, with some broader ( time & understanding) intellect. 1. Onc is