Oncolytics Biotech Opens San Diego Office

Canadian biotech developer Oncolytics Biotech has opened up a new office in San Diego, the company said this morning, to tap into the area's reputation as a biotech hub. According to Oncolytics Biotech, the new office will support investor relations, business development, and clinical operations functions. The company said it is specifically expanding operations into San Diego due to its role as a "leading biotech hub within one of the largest biopharmaceutical markets in the world", and specifically said it is looking to leverage the talent and expertise the region offers. Oncolytics Biotech's lead candidate is aimed at treating metastatic breast cancer. The company is headquartered in Calgary.