Capital NeedsThe estimated cash burn and current cash reserves indicate a potential need for additional funding, which could impact financial stability.
Management ChangesOncolytics is continuing to actively search for a Chief Executive Officer, as well as exploring potential BD opportunities.
Potential DilutionOncolytics Biotech is expected to need to raise capital soon to fund its programs, which may lead to potential dilution and has resulted in the lowering of the 12-month price target.