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Oncolytics Biotech Inc. (T:ONC)

Business Focus: Biotechnology & Medical Research (NEC)

This company is also listed in the United States as ONCY on the NASDAQ. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
Company Contact
Address: 1167 Kensington Cres Nw Suite 210
Calgary Alberta Canada T2n 1X7
CALGARY AB T2R 0C5
Tel: N/A
Website: https://www.oncolyticsbiotech.com
IR: See website
Key People
Matthew C. Coffey
President, Chief Executive Officer, Director
Kirk J. Look
Chief Financial Officer
Andrew De Guttadauro
Global Head of Business Development, President, Oncolytics Biotech (U.S.) Inc.
Allison Hagerman
Vice President - Product Development
Thomas C. Heineman
Chief Medical Officer of Oncolytics Biotech (U.S.)
 
Business Overview
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 responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company's primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.
Financial Overview
For the fiscal year ended 31 December 2023, Oncolytics Biotech Inc revenues was not reported. Net loss increased 12% to C$27.8M. Higher net loss reflects Foreign exchange (loss) gain decrease from C$1.7M (income) to C$475K (expense), Research and development - Balancing val increase of 25% to C$10.1M (expense), Employee compensation and benefits increase of 16% to C$3.3M (expense).
Employees: 29 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $74.12M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$33.39M as of Dec 31, 2023
Net annual income (TTM): -$27.75M as of Dec 31, 2023
Free cash flow (TTM): -$28.46M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 75,419,768 as of Mar 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization