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ONCY Positive Sentiment Score: 65/100

Oncolytics Biotech® to Host Conference Call to Discuss Third Quarter Financial Results and Corporate Highlights

Key Takeaway: Oncolytics Biotech will hold a conference call on November 12, 2018, to discuss its third quarter financial results and corporate highlights. The company is focused on developing pelareorep, an immuno-oncolytic virus, and is preparing for a phase 3 study in metastatic breast cancer. The call will be accessible via phone and webcast.

Market Sentiment Analysis

POSITIVE FACTORS

  • Oncolytics is preparing for a phase 3 registration study in metastatic breast cancer.
  • The company is developing pelareorep, which shows promise in treating various cancers.
  • The upcoming conference call will provide insights into financial results and corporate highlights.

CONCERNS & RISKS

  • There are known and unknown risks that could affect the company's results.
  • The efficacy of pelareorep as a cancer treatment remains uncertain.
  • The success of clinical studies and trials is not guaranteed.

Full Press Release Details

CALGARY, Alberta and SAN DIEGO, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Oncolytics Biotech®Inc. (Nasdaq: ONCY) (TSX: ONC), currently developing pelareorep, an intravenously delivered immuno-oncolytic virus, today announced that it will host a conference call and live webcast for Analysts and Institutional Investors at 8:30 a.m. ET on Monday, November 12, 2018 following release of its third quarter 2018 financial results.
The live call may be accessed by dialing (888) 231-8191 for callers in North America.  Overseas callers should contact investor relations for the toll-free dial information for their country.  A replay of this call will be available approximately two hours after the call is ended at 855-859-2056, using the replay code 6463668 and will be available for six months.
A live webcast of the call will be accessible on the Investor Relations page of Oncolytics' website at www.oncolyticsbiotech.com and will be archived for six months.
About Oncolytics Biotech Inc.Oncolytics is a biotechnology company developing pelareorep, an intravenously delivered immuno-oncolytic virus. The compound induces selective tumor lysis and promotes an inflamed tumor phenotype -- turning "cold" tumors "hot" -- through innate and adaptive immune responses to treat a variety of cancers. Oncolytics' clinical development program emphasizes three pillars: chemotherapy combinations to trigger selective tumor lysis and immuno-therapy and immune modulator (IMiD) combinations to produce innate and adaptive immune responses. Oncolytics is currently conducting and planning additional studies in combination with checkpoint inhibitors and targeted and IMiD therapies in solid and hematological malignancies, as it prepares for a phase 3 registration study in metastatic breast cancer. For further information, please visit: www.oncolyticsbiotech.com.
This press release contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and forward-looking information under applicable Canadian securities laws (such forward-looking statements and forward-looking information are collectively referred to herein as “forward-looking statements”). Forward-looking statements, including the Company's belief as to the potential and mode of action of REOLYSIN, also known as pelareorep, as a cancer therapeutic; the collaboration between Merck and USC using pelareorep, including the  timing, enrollment and potential benefits to the Company thereof; and other statements related to anticipated developments in the Company's business and technologies involve known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue research and development projects, the efficacy of pelareorep as a cancer treatment, the success and timely completion of clinical studies and trials, the Company's ability to successfully commercialize pelareorep, uncertainties related to the research and development of pharmaceuticals, uncertainties related to the regulatory process and general changes to the economic environment. Investors should consult the Company's quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned against placing undue reliance on forward-looking statements. The Company does not undertake to update these forward-looking statements, except as required by applicable laws.
Company ContactMichael MooreVice President, Investor Relations & Corporate Communications858-886-7813mmoore@oncolytics.ca
Investor RelationsRobert UhlWestwicke Partners858-356-5932robert.uhl@westwicke.com Media ContactJason SparkCanale Communications619-849-6005jason@canalecomm.com

Frequently Asked Questions

When is the Oncolytics conference call scheduled?

The conference call is scheduled for November 12, 2018, at 8:30 a.m. ET.

How can I access the conference call?

You can access the call by dialing (888) 231-8191 for North America or via the webcast on their website.

What is pelareorep used for?

Pelareorep is an immuno-oncolytic virus being developed to treat various cancers.

What are the risks mentioned in the press release?

Risks include uncertainties in research, development, and the efficacy of pelareorep.

Last updated: Nov 5, 2018