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From: sotiris@e-technik.uni-rostock.de
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Subject: It get ready for another exciting week
"Oncolytics Biotech" Biotechnology Firm focuses on the development of
oncolytic viruses for their further use in the treatment of various forms of
cancer. The top company's drug - "REOLYSIN" - is currently in the last stage
of clinical testings against cancer of head and neck. The medicine's action
is based on the reovirus (Respiratory Enteric Orphan virus) ability to
determine and "infect" the cells with the mutated RAS gene. After mutation
the gene transforms an ordinary cell into a cancer one. "REOLYSIN", developed
by the Canadian company "Oncolytics Biotech Inc", not only detects the cancer
cells with the mutated gene, but also kills them. Given that 2/3 of tumors
have cells with the mutated RAS gene, it is hoped that complicated and even
propagating tumors might be cured without radiation and chemotherapy.
According to recent data, the use of the reovirus drug in conjunction with
chemotherapeutic treatment enlarges the ratio of fortunate result for the
treatment of the head and neck cancer up to 74%.
"Oncolytics Biotech Inc (ONCY)" Company's shares are available on NASDAQ
since 2001, Market Cap 72.36M, rated by Zacks "Strong Buy". As of the end of
trading on 03/11/2014, the stock price was $0.88, which is a good entry point
for investing in new emerging technologies.
Let us recall that "Oncolytics Biotech Inc" Company was established in
Calgary in 1998 in response to discoveries made on the oncolytic potential of
reovirus at the University of Calgary during the 1990s. From 1999 to 2000 the
enterprise transitioned from private to public ownership.
The firm was granted its first Canadian patent in August 2000, and currently
owns more than 200 patents across the globe, including 38 U.S. and 11
Canadian patents.