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BriaCell Presentations Highlight Positive Clinical Data for Bria-IMT™ at ASCO 2026

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Positive)

BriaCell (Nasdaq:BCTX) reported new Bria-IMT clinical and biomarker data at ASCO 2026 in heavily pretreated metastatic breast cancer.

Final Phase 2 results show median overall survival of 16.6 months for the formulation selected for Phase 3, with 52% 12‑month survival and a tolerable safety profile.

Ongoing Phase 3 data indicate largely preserved quality of life and treatment tolerability and support potential decentralized, home self-administration. Blood-based biomarkers (DTH, CTCs, CAMLs, PD-L1 dynamics) showed correlations with survival and outcomes, pending prospective validation.

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AI-generated analysis. Not financial advice.

Positive

  • Phase 2 Bria-IMT Phase 3 formulation median OS of 16.6 months
  • 52% 12‑month survival for Phase 3 Bria-IMT formulation in Phase 2
  • Early CPI use (cycle 1) median OS 13.3 vs 7.4 months
  • DTH-positive patients OS 11.9 vs 4.7 months; 48% vs 0% 12‑month survival
  • Baseline CTC <5 linked to median OS 16.6 vs 5.5 months
  • 65% CAML stability/drop associated with better progression-free survival
  • No treatment-related discontinuations and no unexpected safety signals reported
  • Phase 3 blinded data show largely preserved quality of life and TWiST
  • BC1 Bria-OTS dose escalation to 60M showed tolerable safety and 12 months disease control in one patient

Negative

  • Key Bria-ABC Phase 3 comparisons remain blinded until 144 mortalities
  • Biomarker findings (DTH, CTCs, CAMLs) still require prospective validation
  • PD-L1 blood-monitoring signals need further studies to refine and validate

Key Figures

Median OS (Phase 2, Phase 3 formulation): 16.6 months Phase 2 patients: 32 patients Median prior therapies: 6 prior therapies +5 more
8 metrics
Median OS (Phase 2, Phase 3 formulation) 16.6 months Final Phase 2 Bria-IMT overall survival using Phase 3 formulation
Phase 2 patients 32 patients Randomized to early vs delayed CPI with Bria-IMT
Median prior therapies 6 prior therapies Heavily pretreated metastatic breast cancer population
OS by CPI timing 13.3 vs 7.4 months Start CPI in cycle 1 vs cycle 2
OS by DTH status 11.9 vs 4.7 months DTH-positive vs DTH-negative patients
12‑month survival by DTH 48% vs 0.0% 12‑month survival, DTH-positive vs DTH-negative
Patients with CAML stability/drop 65% Blinded Phase 3 population with stable/decreased CAMLs
BC1 dose escalation 20M to 60M Dose range in BC1 cell-based immunotherapy escalation

Market Reality Check

Price: $3.48 Vol: Volume 170,499 vs 20-day ...
normal vol
$3.48 Last Close
Volume Volume 170,499 vs 20-day average 230,844 (relative volume 0.74x). normal
Technical Shares at $3.70, trading below 200-day MA of $7.12 and far under 52-week high of $37.20.

Peers on Argus

BCTX fell 4.12% while close biotech peers were mixed: ADAP -17.57%, CYCC -5.84%,...
1 Down

BCTX fell 4.12% while close biotech peers were mixed: ADAP -17.57%, CYCC -5.84%, PRTG -10.39%, but NXTC +6.92% and IMNN slightly positive. Only one peer appeared on the momentum scanner, suggesting a stock‑specific move rather than a coordinated sector rotation.

Previous Clinical trial Reports

5 past events · Latest: May 13 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
May 13 Phase 3 site addition Positive +2.5% Penn Medicine’s Abramson Cancer Center added as pivotal Phase 3 trial site.
May 12 Enrollment milestone Positive -1.9% Phase 3 Bria-IMT study enrollment surpassed 230 patients with 315 screened.
May 07 Phase 3 site addition Positive -1.2% NYU Langone’s Perlmutter Cancer Center joined as a Phase 3 clinical site.
Apr 27 ASCO data preview Positive +3.9% Announcement of six BriaCell clinical data items selected for ASCO 2026.
Apr 20 AACR data update Positive -9.3% Phase 3 QOL and Phase 2 biomarker data presented at AACR 2026.
Pattern Detected

Clinical trial updates have often seen mixed to negative price reactions, with more divergences than alignments despite generally positive clinical messaging.

Recent Company History

Over recent months, BriaCell has repeatedly highlighted progress for Bria‑IMT in metastatic breast cancer, including new Phase 3 sites at NYU Langone and Penn, enrollment surpassing 230 patients, and positive quality-of-life and biomarker data at AACR and ASCO. These announcements, all centered on the pivotal Bria‑ABC study and related biomarker work, have produced a mix of modest gains and selloffs, indicating that encouraging clinical signals have not consistently translated into sustained upside for the stock.

Historical Comparison

-1.2% avg move · In the past 5 clinical-trial updates, BCTX moved on average -1.21%. Today’s -4.12% reaction to new B...
clinical trial
-1.2%
Average Historical Move clinical trial

In the past 5 clinical-trial updates, BCTX moved on average -1.21%. Today’s -4.12% reaction to new Bria‑IMT data is more negative than its typical response.

Recent clinical‑trial news shows steady Phase 3 build‑out for Bria‑IMT, from adding major cancer centers and surpassing enrollment milestones to presenting quality‑of‑life and biomarker data at AACR and ASCO.

Market Pulse Summary

This announcement highlights detailed Phase 2 survival outcomes, Phase 3 quality-of-life data, and m...
Analysis

This announcement highlights detailed Phase 2 survival outcomes, Phase 3 quality-of-life data, and multiple blood‑based biomarker analyses for Bria‑IMT in heavily pretreated metastatic breast cancer, including median overall survival up to 16.6 months in select groups. Compared with prior AACR and ASCO disclosures, it reinforces themes of tolerability, potential home administration, and biomarker‑driven patient selection. Investors may focus on how these conference data relate to the pivotal Phase 3 trial’s overall survival endpoint and future topline readouts.

Key Terms

overall survival, quality of life, time without symptoms or toxicity (TWiST), circulating tumor cells, +4 more
8 terms
overall survival medical
"Final Phase 2 Bria-IMT median overall survival (OS) is 16.6 months..."
Overall survival is the average or median length of time patients remain alive after starting a treatment or entering a clinical study, measured regardless of cause of death. Investors care because it is a clear, hard measure of a therapy’s real-world benefit — like timing how long a new battery actually runs — and strong improvements in overall survival can drive regulatory approval, market adoption and revenue potential.
quality of life medical
"Positive Quality of Life (QOL) data from the ongoing Phase 3 study..."
Quality of life is a measure of how a medical condition and its treatment affect a person’s daily well‑being, functioning, comfort, and ability to do routine activities — essentially a patient’s own “product review” of how life feels. Investors watch it because improvements in quality of life can influence regulatory approvals, medical guidelines, prescription uptake, insurance coverage, and a treatment’s market value, much like customer satisfaction drives sales for a consumer product.
time without symptoms or toxicity (TWiST) medical
"Measurements included quality of life (QOL) and time without symptoms or toxicity (TWiST)."
Time without symptoms or toxicity (TWIST) is a clinical trial measure of how long patients go after treatment without disease symptoms or harmful side effects. Think of it as the period a product keeps people feeling well without causes of harm, similar to a car running smoothly without breakdowns. For investors, longer TWIST can signal better patient quality of life, stronger regulatory and market potential, and a more attractive commercial profile.
circulating tumor cells medical
"Patients with circulating tumor cells (CTCs) <5 vs. > 5 at baseline had median OS..."
Circulating tumor cells are cancer cells that break away from a tumor and travel in the bloodstream, detectable through a blood test. Investors care because their presence and number can act like a real-time signal — similar to footprints showing where a person has been — revealing disease progression, response to treatment, or risk of metastasis, which influences the market value of diagnostics, therapies and clinical trial outcomes.
cancer-associated macrophage-like cells medical
"65% of patients had stability/drop in Cancer-Associated Macrophage-Like cells (CAMLs)..."
Cancer-associated macrophage-like cells are unusually large cells found circulating in the blood that resemble immune cells and are shed from tumors or the tumor environment. For investors, their presence and number can act like a real-time warning light — offering a noninvasive signal about cancer presence, how aggressive it may be, and whether a treatment is working, which can inform the value of diagnostics, monitoring tools, or therapies tied to oncology markets.
liquid biopsy medical
"Liquid biopsy to stratify metastatic breast cancer progression risk..."
A liquid biopsy is a laboratory test that looks for tiny pieces of tumor or disease-related material — such as DNA, proteins, or cells — circulating in blood or other body fluids, allowing detection and monitoring without a surgical tissue sample. For investors, it matters because these tests can speed diagnosis, guide treatment choices, enable easier repeat testing, and create recurring revenue streams if adopted widely, affecting a medical company's growth and regulatory risk profile.
programmed death-ligand 1 (pd-l1) medical
"patients treated with programmed death-ligand 1 (PD-L1) immune checkpoint inhibitors..."
Programmed death‑ligand 1 (PD‑L1) is a protein found on the surface of some cells, including many cancer cells, that acts like an “off” switch for the immune system by telling immune cells not to attack. Investors care because PD‑L1 levels are used as a biomarker to predict whether patients are likely to benefit from certain immunotherapy drugs and can influence clinical trial results, regulatory approval, and the commercial potential of diagnostic tests and treatments.
immune checkpoint inhibitors medical
"patients treated with programmed death-ligand 1 (PD-L1) immune checkpoint inhibitors (ICIs)..."
Drugs that release the immune system’s natural “brakes,” allowing immune cells to recognize and attack cancer cells; imagine taking the safety off a guard dog so it can chase intruders. They matter to investors because they can become high-value treatments with large sales potential, but their commercial success depends on clinical trial results, regulatory approval, competition and side-effect management, which all affect a company’s valuation.

AI-generated analysis. Not financial advice.

  • Final Phase 2 Bria-IMT median overall survival (OS) is 16.6 months (with Phase 3 formulation)
  • Positive Quality of Life (QOL) data from the ongoing Phase 3 study in heavily pre-treated metastatic breast cancer (MBC) patients
  • Biomarker analyses from the ongoing Phase 3 study confirm predictors of anti-cancer response seen in Phase 2

PHILADELPHIA and VANCOUVER, British Columbia, May 22, 2026 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXL) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company developing novel immunotherapies to transform cancer care, is pleased to announce positive clinical data from three clinical data poster presentations and three publication-only abstracts at the 2026 ASCO Annual Meeting, taking place May 29–June 2, 2026 at McCormick Place, Chicago, Illinois. The presentations will include two poster presentations featuring data from BriaCell’s ongoing pivotal Phase 3 study of Bria-IMT plus an immune checkpoint inhibitor, Bria-ABC (ClinicalTrials.gov identifier: NCT06072612), and one poster highlighting further analyses of Phase 2 data.

“These data from the ongoing pivotal Phase 3 Bria-ABC study highlight Bria-IMT’s potential to preserve quality of life, limit toxicity, and potentially support self-administration — benefits that would be clinically meaningful for patients,” stated Adam M. Brufsky, MD, PhD, FACP, Professor of Medicine at the University of Pittsburgh School of Medicine and Medical Director of the Magee-Women’s Cancer Program.

“The Phase 2 study of the combination of a whole-cell vaccine with anti-PD-1 demonstrated a tolerable safety profile and the emergence of a long-term survivor cohort inclusive of the heavily pre-treated nature of these patients,” stated Saranya Chumsri, M.D., principal investigator in the Phase 3 study of Bria-IMT+CPI, and Professor of Oncology at Mayo Clinic Florida. “I’m proud to do this work that brings new attention to metastatic breast cancer patients who have few or no remaining treatment options.”

“Our positive clinical data across six presentations or abstracts at the ASCO 2026 Annual Meeting highlight the progress we are making in our clinical programs,” noted William V. Williams, MD, BriaCell’s President & CEO. “These data reflect our commitment to advancing innovative therapeutic options for patients with cancer patients who need better treatments.”

The details of the presentations and publish-only abstracts are listed below.

Abstract Title: Survival with Bria-IMT + CPI in advanced metastatic breast cancer at 12 and 24 months.
Session Type/Title: Poster Session - Breast Cancer—Metastatic
Poster Board: 222
Date and Time: June 1, 2026, 1:30 PM-4:30 PM CDT
Clinical Data: 32 Phase 2 Bria-IMT patients were randomized to receive immune checkpoint inhibitor (CPI) in the first cycle or delayed to the second cycle. Two Bria-IMT formulations were also evaluated. Patients had median age of 61 (range 41-80) and had received median 6 prior therapies (range 2-13). Median overall survival (OS) was 13.3 vs. 7.4 months for starting CPI in cycle 1 versus cycle 2. In patients who developed an immune response as measured by delayed-type hypersensitivity (DTH) positive vs. negative, OS was 11.9 vs. 4.7 months, with 48% 12-months survival vs 0.0% 12-month survival. Patients with circulating tumor cells (CTCs) <5 vs. > 5 at baseline had median OS of 16.6 vs. 5.5 months. Median OS was 16.6 months for the formulation selected for the Phase 3 study with 52% of patients surviving at 12-months. The 12-month survival rate was 44% and the 24-month rate was 26%. There were no treatment-related discontinuations and no unexpected safety signals.

Conclusions: In heavily pretreated MBC patients, Bria-IMT demonstrated a tolerable safety profile and the emergence of a long-term survivor cohort. Durable survival rates were observed beyond 12 and 24 months. Differential survival favored the Phase 3 formulation, DTH positivity, lower baseline circulating tumor cell (CTC) levels, and early CPI sequencing. These findings support prospective validation of DTH and CTC as predictive biomarkers for effectiveness of the Bria-IMT regimen and the continued use of the Phase 3formulation in the ongoing Phase 3 study Bria-ABC.

Abstract Title: Quality of life and treatment tolerability of Bria-IMT + CPI in metastatic breast cancer.
Session Type/Title: Poster Session - Breast Cancer—Metastatic
Poster Board: 221
Date and Time: June 1, 2026, 1:30 PM-4:30 PM CDT
Summary: Heavily pretreated MBC patients in the pivotal Bria-ABC demonstrated stable global health and key functional domains. Measurements included quality of life (QOL) and time without symptoms or toxicity (TWiST). Blinded data indicated that QOL was largely preserved in a heavily pretreated population with prior antibody-drug conjugate (ADC), check point inhibitor (CPI), and cyclin-dependent kinase 4/6 (CDK4/6) inhibitor exposure. Clinical data demonstrates meaningful benefits without significant toxicity. Ongoing follow up will further characterize durability of patient-reported outcomes and clinical correlation. Data further supports decentralized care and potential home self-administration of the Bria-IMT+CPI regimen.

Abstract Title: Monitoring blood-based biomarkers as early predictors of progression-free survival in a randomized Bria-ABC Phase 3 trial for advanced metastatic breast cancer: An ongoing analysis.
Session Type/Title: Poster Session - Developmental Therapeutics—Immunotherapy
Poster Board: 442
Date and Time: May 30, 2026, 1:30 PM-4:30 PM CDT   
Summary: In an ongoing analysis of heavily treated MBC patients, we observed that in the entire blinded population, 65% of patients had stability/drop in Cancer-Associated Macrophage-Like cells (CAMLs) and this significantly correlated with better progression free survival (PFS). Treatment arm specific comparisons will not be unblinded until completion of the designated milestone (144 mortalities).

Publication-Only Abstract Title: Cell-based second-generation immunotherapy BC1 in metastatic breast cancer.
Summary: Dose escalation from 20M to 60M and combination with CPI showed tolerable intradermal BC1, Bria-OTS, and potential clinical benefit in refractory MBC patients. One patient received 17 cycles with 12 months of disease control. Expansion cohorts will assess HLA match, DTH, dose optimization, and combination activity. Based on very early preliminary data, BC1, Bria-OTS™ first generation, is a potential new option for late-stage cancer patients with minimal toxicity and potential home administration as a single agent. Clinical trial information: NCT06471673.

Publication-Only Abstract Title: Liquid biopsy to stratify metastatic breast cancer progression risk using multi-analyte cell subtyping prior to systemic therapy.
Summary: Circulating tumor cells were uncommon in metastatic breast cancer patients but correlated with very poor clinical outcomes. In parallel analysis, CAMLs were common with CAML size correlating with increasingly poorer outcomes. By combining CTC & CAML subtypes, MBC patients were more accurately stratified by risk of progression and death. Additional multivariate studies correlating treatment class and tumor response rates are ongoing.

Publication-Only Abstract Title: Monitoring PD-L1 expression in circulating cancer associated cells for prediction of clinical outcomes in metastatic breast cancer patients treated with immune checkpoint inhibitors.
Summary: In this study of MBC patients treated with programmed death-ligand 1 (PD-L1) immune checkpoint inhibitors (ICIs), tissue combined positive score (for PD-L1) did not correlate with PD-L1 expression in CTCs or tumor-macrophage fusion cells. Further, neither Combined Positive Score (CPS) nor baseline PD-L1 in CTC/ tumor-macrophage fusion cells (TMFCs) predicted clinical outcomes in ICI therapies. However, PD-L1 in CTC/TMFCs~40 days post-induction of ICI did predict better response rates. While this study suggests predictive value of monitoring PD-L1 in blood during ICI therapies, further studies are required to refine and validate these findings.

Following the presentation, copies of the posters will be made available at https://briacell.com/scientific-publications/.

About BriaCell Therapeutics Corp.

BriaCell is a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care. More information is available at https://briacell.com/.

Safe Harbor

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements, including those about the presentation of three clinical data posters and three publication-only abstracts at the 2026 ASCO Annual Meeting, and the contents of such posters, including final Phase 2 Bria-IMT survival data, quality of life data from the ongoing Phase 3 study, and biomarker analyses, are based on BriaCell’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully under the heading “Risks and Uncertainties” in the Company's most recent Management’s Discussion and Analysis, under the heading "Risk Factors" in the Company's most recent Annual Information Form, and under “Risks and Uncertainties” in the Company's other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under the Company's profiles on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Forward-looking statements contained in this announcement are made as of this date, and BriaCell Therapeutics Corp. undertakes no duty to update such information except as required under applicable law.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Company Contact:
William V. Williams, MD
President & CEO
1-888-485-6340
info@briacell.com 

Investor Relations Contact:
investors@briacell.com


FAQ

What overall survival benefits did Bria-IMT show in Phase 2 metastatic breast cancer for BriaCell (BCTX)?

Bria-IMT’s Phase 2 study reported median overall survival of 16.6 months for the formulation chosen for Phase 3. According to BriaCell, 52% of these heavily pretreated metastatic breast cancer patients were alive at 12 months, with no treatment-related discontinuations or unexpected safety signals.

How did early checkpoint inhibitor use impact Bria-IMT Phase 2 outcomes for BriaCell (BCTX)?

Starting checkpoint inhibitor in cycle 1 was associated with longer survival than starting in cycle 2. According to BriaCell, median overall survival was 13.3 months for cycle‑1 start versus 7.4 months for cycle‑2 start in heavily pretreated metastatic breast cancer patients.

What quality of life results were reported from the Bria-ABC Phase 3 trial for BriaCell (BCTX)?

Blinded Phase 3 Bria-ABC data showed largely preserved global health and key functional domains. According to BriaCell, heavily pretreated metastatic breast cancer patients had stable quality of life and meaningful time without symptoms or toxicity, supporting potential decentralized care and possible home self-administration of Bria-IMT plus checkpoint inhibitor.

Which biomarkers predicted Bria-IMT treatment outcomes in BriaCell (BCTX) studies?

Delayed-type hypersensitivity and circulating tumor cells were linked with survival in Bria-IMT-treated patients. According to BriaCell, DTH positivity and baseline CTC <5 were associated with longer overall survival, supporting prospective validation of these markers as potential predictors of Bria-IMT regimen effectiveness.

What did BriaCell (BCTX) report about CAMLs and progression-free survival in metastatic breast cancer?

An ongoing analysis found that 65% of patients had stable or decreased Cancer-Associated Macrophage-Like cells, correlating with better progression-free survival. According to BriaCell, treatment-arm specific comparisons in this randomized Phase 3 Bria-ABC trial will remain blinded until 144 mortality events are reached.

What is BC1 Bria-OTS and what early data did BriaCell (BCTX) share at ASCO 2026?

BC1 Bria-OTS is a second-generation cell-based immunotherapy evaluated with checkpoint inhibitors. According to BriaCell, dose escalation from 20M to 60M was tolerable, and one refractory metastatic breast cancer patient received 17 cycles with 12 months of disease control, with potential for home administration.

How might the ASCO 2026 Bria-IMT and biomarker data affect BriaCell (BCTX) investors?

The ASCO 2026 updates highlight survival signals, quality of life preservation, and emerging biomarkers in metastatic breast cancer. According to BriaCell, these data support the ongoing pivotal Bria-ABC Phase 3 program and further development of blood-based monitoring, while still requiring prospective validation and longer follow-up.