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Subject: Listen Up
"Oncolytics Biotech" Biotechnology Company is focused on the development of
oncolytic viruses for their further use in the treatment of various forms
of tumors. The top company's product - "REOLYSIN" - is currently in the
final 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 finds the cancer cells with the mutated gene, but is also
cytocidal. Given that 2/3 of tumors have cells with the mutated RAS gene,
it is hoped that complex and even propagating tumors might be cured without
radiation and chemotherapy.
According to recent data, the use of the reovirus medicine in combination
with chemotherapeutic treatment increases the proportion 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 favorable
entry point for investing in new emerging technologies.
Let us recall that "Oncolytics Biotech Inc" Company was founded in Calgary
in 1998 in response to developments made on the oncolytic potential of
reovirus at the University of Calgary in the 1990s. In 1999-2000 the
company transitioned from private to public ownership.
The firm was granted its first Canadian patent in August 2000, and at
present holds more than 200 patents across the globe, including 38 U.S. and
11 Canadian patents.