Oncolytics Biotech Inc
NASDAQ:ONCY
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ONCY's latest stock split occurred on May 25, 2018
The company executed a 10-for-95 stock split, meaning that for every 95 shares held, investors received 10 new shares.
Before the split, ONCY traded at 0.74 per share. Afterward, the share price was about 7.831.
The adjusted shares began trading on May 25, 2018. This was the only stock split in ONCY's history.
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Oncolytics Biotech Inc
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Oncolytics Biotech, Inc. engages in the development of immuno-oncolytic virus for the treatment of solid tumors and hematological malignancies. The company is headquartered in Calgary, Alberta and currently employs 26 full-time employees. The company went IPO on 2000-06-01. The firm is focused on the discovery and development of pharmaceutical products for the treatment of cancers. Its lead product, Pelareorep, is a systemically administered immuno-oncology (I-O) viral agent with the potential to treat a variety of cancers. Pelareorep’s anti-tumor activity is based on three modes: selective viral replication in permissive cancer cells, which leads to tumor cell lysis; activation of innate immunity in response to the infection, which results in a cascade of chemokines/cytokines, causing natural killer (NK) cells to be activated and attack cancer cells; and specific adaptive immune response triggered by tumor and viral-associated antigens displayed by antigen presenting cells (APCs), infected tumor cells and dendritic cells to T cells.
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