Power of Attorney
The undersigned, as a Section 16 reporting person of
Oncothyreon Inc. (the "Company"), hereby constitutes
and appoints Wilson Sonsini Goodrich & Rosati, P.C.
the undersigned's true and lawful attorney-in-fact to:
1. complete and execute Forms ID, 3, 4, and 5 and other
forms and all amendments thereto as such attorney-in-
fact shall in his or her discretion determine to be required
or advisable pursuant to Section 16 of the Securities
Exchange Act of 1934 (as amended) and the rules and
regulations promulgated thereunder, or any successor
laws and regulations, as a consequence of the undersigned's
ownership, acquisition or disposition of securities of the
Company; and
2. do all acts necessary in order to file such forms with
the Securities and Exchange Commission, any securities
exchange or national association, the Company and such
other person or agency as the attorney-in-fact shall deem
appropriate.
The undersigned hereby ratifies and confirms all that said
attorney-in-fact and agents shall do or cause to be done by
virtue hereof.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at
the request of the undersigned, are not assuming, nor is
the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934 (as amended).
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms ID,
3, 4 and 5 with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing
delivered to the Company and the foregoing attorneys-in-
fact.
In witness whereof, the undersigned has caused this Power
of Attorney to be executed this 14th day of November, 2007.
Signature:  /s/ Edward A. Taylor
Edward A. Taylor