Inovio (INO) is ONCS' biggest rival. Most feel (ONCS investors of course) that INO's technology is inferior to ONCS' and have long thought that if INO achieves positive data results that ONCS will as well. Anyway, here is the PR:
Ouch! INO filed an S-3 yesterday along with their positive data for 10.3M shares ($113M!) as an addition to the offering from a few days ago. Now totaling $175M.
I guess you have to take the good with the bad, lol.