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To: lbaez@edenetsa.com
Subject: Trading Up on Strong News
Date: Tue, 4 Nov 2014 03:21:16 -0500
"Oncolytics Biotech" Biotechnology Company focuses on the development
of oncolytic viruses for their further use in the treatment of various
forms of tumors. The leading company's product - "REOLYSIN" - is
currently in the final stage of clinical trials against cancer of head
and neck. The product's action is based on the reovirus (Respiratory
Enteric Orphan virus) ability to identify 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 firm
"Oncolytics Biotech Inc", not only finds the cancer cells with the
mutated gene, but is also cytocidal. Provided that 2/3 of tumors have
cells with the mutated RAS gene, it is hoped that complex and even
propagating tumors might be treated without radiation and
chemotherapy.
In accordance with recent data, the use of the reovirus medicine in
conjunction with chemotherapeutic treatment increases the ratio of
fortunate result for the treatment of the head and neck tumors 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 share 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 founded in
Calgary in 1998 in response to developments made on the oncolytic
potential of reovirus at the University of Calgary during the 1990s.
In 1999-2000 the enterprise changed its ownership from private to
public.
The firm was issued its first Canadian patent in August 2000, and at
present owns more than 200 patents across the globe, including 38 U.S.
and 11 Canadian patents.