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BriaCell Presents Positive Clinical Data at ASCO 2026

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

BriaCell (Nasdaq:BCTX) reported Phase 2 and ongoing Phase 3 data for its Bria-IMT™ + checkpoint inhibitor regimen in heavily pretreated metastatic breast cancer at ASCO 2026.

Phase 2 Phase 3–regimen patients showed median OS of 16.6 months, >55% 1‑year and >27% 2‑year survival, with favorable safety, preserved quality of life, and blood-based biomarker correlations with progression-free survival.

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AI-generated analysis. Not financial advice.

Positive

  • Phase 3 regimen median overall survival 16.6 months in Phase 2
  • Over 55% 1-year and over 27% 2-year survival with Phase 3 regimen
  • Median OS 13.3 months when CPI started in Cycle 1 vs 7.4 in Cycle 2
  • No treatment-related discontinuations and no unexpected safety signals reported
  • Blinded Phase 3 data show preserved quality of life and meaningful TWiST
  • Stable or decreased CAMLs in 60–65% significantly correlated with better PFS

Negative

  • Patient population heavily pretreated with median 6 prior systemic therapies
  • Baseline CTC positivity associated with more rapid disease progression

Market Reaction – BCTX

-9.20% $3.31
15m delay 6 alerts
-9.20% Since News
$3.31 Last Price
$3.22 $3.35 Day Range
-$2M Valuation Impact
$23.96M Market Cap
1.2x Rel. Volume

Following this news, BCTX has declined 9.20%, reflecting a notable negative market reaction. Our momentum scanner has triggered 6 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $3.31. This price movement has removed approximately $2M from the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Phase 2 patients: 32 patients Clinical benefit rate: 62% Prior therapies: 6 prior systemic therapies (median) +5 more
8 metrics
Phase 2 patients 32 patients Randomized in Bria-IMT + CPI Phase 2 study
Clinical benefit rate 62% Overall clinical benefit in long-term survivors (Phase 2)
Prior therapies 6 prior systemic therapies (median) Heavily pretreated MBC patients in Bria-ABC and Phase 2
Median OS (Phase 3 regimen) 16.6 months Phase 2 Bria-IMT Phase 3 regimen in MBC
1-year survival >55% OS at 1 year Phase 2 patients on Phase 3 Bria-IMT regimen
2-year survival >27% OS at 2 years Phase 2 patients on Phase 3 Bria-IMT regimen
CAML stability/drop 65% of patients Blinded Phase 3 population with stable/drop CAMLs correlating with better PFS
Stable/decreased CAMLs 60% of evaluable patients Stable or decreased CAML counts from baseline to Cycle 3

Market Reality Check

Price: $3.64 Vol: Volume 136,438 is about 0...
low vol
$3.64 Last Close
Volume Volume 136,438 is about 0.51x the 20-day average (264,989), indicating subdued trading interest pre‑ASCO. low
Technical Shares at $3.64 are trading below the 200-day MA of $7.04 and sit far under the $36.90 52-week high.

Peers on Argus

BCTX was up 1.68% while closely scored biotech peers in sector data mostly showe...
2 Up

BCTX was up 1.68% while closely scored biotech peers in sector data mostly showed declines today (e.g., ADAP -17.57%, IMNN -9.17%, PRTG -10.39%). Momentum scanner flags IMNN and BIVI moving up, opposite the scanner’s labeled target direction, reinforcing stock-specific drivers.

Previous Clinical trial Reports

5 past events · Latest: 2026-05-26 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
2026-05-26 DSMB recommendation Positive -2.0% DSMB issued another positive safety recommendation with no trial changes.
2026-05-22 ASCO data preview Positive -6.2% ASCO 2026 data showed 16.6‑month median OS and tolerable safety profile.
2026-05-13 Site expansion Positive +2.5% Added Penn’s Abramson Cancer Center as a Phase 3 clinical site.
2026-05-12 Enrollment update Positive -1.9% Reported >315 screened and >230 enrolled in pivotal Bria‑ABC trial.
2026-05-07 Site expansion Positive -1.2% NYU Langone’s Perlmutter Cancer Center joined as a Phase 3 trial site.
Pattern Detected

Recent clinical-trial headlines for Bria-IMT and the pivotal Bria-ABC study have often been followed by negative next‑day moves despite constructive clinical progress.

Recent Company History

Over the past month, BriaCell has repeatedly highlighted advancement of its Bria‑IMT regimen in metastatic breast cancer. Clinical‑trial news included site additions at major cancer centers, enrollment milestones (>230 patients screened/enrolled), and multiple DSMB reviews with no safety concerns. ASCO‑related disclosures showed encouraging median overall survival and quality‑of‑life data. Yet, historical 24‑hour reactions to these clinical updates have skewed negative, suggesting a pattern of cautious trading around Bria‑IMT trial progress even when newsflow is constructive.

Historical Comparison

-1.8% avg move · In the past month, BCTX released 5 clinical-trial updates averaging a -1.77% next-day move. Today’s ...
clinical trial
-1.8%
Average Historical Move clinical trial

In the past month, BCTX released 5 clinical-trial updates averaging a -1.77% next-day move. Today’s modest +1.68% reaction to new ASCO survival/biomarker data is slightly more constructive than prior clinical headlines.

Same-tag events trace steady Bria-IMT Phase 3 progress: new top-tier sites, rising enrollment beyond 230 patients, repeated DSMB confirmations, and increasingly detailed ASCO survival and biomarker data for the Bria-ABC study.

Market Pulse Summary

This announcement details encouraging Phase 2 and blinded Phase 3 data for Bria‑IMT plus a checkpoin...
Analysis

This announcement details encouraging Phase 2 and blinded Phase 3 data for Bria‑IMT plus a checkpoint inhibitor in heavily pretreated metastatic breast cancer, including median overall survival of 16.6 months and >55% 1‑year survival with the Phase 3 regimen. Quality‑of‑life and TWiST findings suggest benefit without major added toxicity, while CTC and CAML dynamics emerge as potential predictive biomarkers. Investors may watch future Bria‑ABC readouts, durability of long‑term survival, and validation of these blood‑based markers.

Key Terms

metastatic breast cancer, immune checkpoint inhibitor, circulating tumor cells, Cancer-Associated Macrophage-Like cells, +2 more
6 terms
metastatic breast cancer medical
"heavily pre-treated metastatic breast cancer (MBC) patients treated with Bria-IMT"
Metastatic breast cancer is breast cancer that has spread beyond the breast and nearby lymph nodes to other organs, such as bones, liver, lungs or brain. For investors it matters because these advanced-stage cases often require long-term, complex and costly treatments, drive demand for specialty drugs and diagnostics, and influence regulatory approvals, pricing negotiations and the long-term revenue potential of companies developing therapies aimed at slowing spread or improving quality of life. An everyday analogy: it’s like a weed that has taken root in multiple beds rather than just one garden patch, requiring broader and more sustained effort to manage.
immune checkpoint inhibitor medical
"pivotal Phase 3 study of Bria-IMT plus an immune checkpoint inhibitor"
An immune checkpoint inhibitor is a type of medicine that helps the body's immune system recognize and attack cancer cells more effectively. It works by blocking certain signals that cancer uses to hide from immune defenses, allowing the immune system to target tumors. This breakthrough has led to new cancer treatments, making immune checkpoint inhibitors an important area of growth and innovation in the healthcare industry.
circulating tumor cells medical
"lower baseline circulating tumor cell (CTC) levels, and early CPI sequencing"
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
"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.
antibody-drug conjugate medical
"prior antibody-drug conjugate (ADC), check point inhibitor (CPI)"
An antibody-drug conjugate is a targeted medicine that combines an antibody, which can identify specific cells, with a powerful drug designed to destroy those cells. This approach allows for precise treatment, minimizing damage to healthy tissue. For investors, developments in this area can signal advances in cancer therapies and potential growth opportunities in the biotech sector.
cyclin-dependent kinase 4/6 inhibitor medical
"cyclin-dependent kinase 4/6 (CDK4/6) inhibitor exposure"
A cyclin-dependent kinase 4/6 inhibitor is a type of cancer drug that blocks enzymes (CDK4 and CDK6) that tell cells to divide, acting like a brake on uncontrolled tumor growth. Investors care because clinical trial results, regulatory approvals, or setbacks for these drugs can sharply change a company’s future revenue and valuation, similar to how a major product launch or recall would affect a business.

AI-generated analysis. Not financial advice.

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  • Final Bria-IMT™ Phase 2 data show 55% >1 year and 27% >2-year survival in heavily pre-treated metastatic breast cancer (MBC) patients treated with Bria-IMT regimen selected for Phase 3
  • TWiST analysis, which measures time without disease symptoms or significant treatment-related toxicity, showed clinically meaningful benefit in heavily pre-treated MBC patients in the ongoing Phase 3 study
  • Biomarker analyses from the ongoing Phase 3 study further validates potential predictors of anti-cancer response initially reported in Phase 2 study

2026 ASCO Annual Meeting, May 29-June 2, 2026, at McCormick Place, Chicago, Illinois

PHILADELPHIA and VANCOUVER, British Columbia, June 01, 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, announces positive clinical data from three clinical data poster presentations 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 (ClinicalTrials.gov identifier: NCT06072612) and one poster highlighting further analyses of Phase 2 data.

“Late-stage metastatic breast cancer (MBC) is often associated with a poor prognosis and very short survival rates,” stated Saranya Chumsri, MD, principal investigator in the Phase 3 study of Bria-IMT+CPI, and Professor of Oncology at Mayo Clinic Florida. “We are pleased to report Phase 2 study median overall survival rates as high as 16.6 months and a high rate of long-term survival in our late-stage MBC patients including in patients resistant to multiple prior therapies.”

“BriaCell’s Phase 3 data are highly encouraging because they address one of the key challenges in treating late-stage breast cancer patients: delivering clinical benefit while limiting toxicity that can lead to voluntary treatment discontinuation,” 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.

“We are increasingly optimistic with the early quality of life and biomarker data from our ongoing pivotal Phase 3 Bria-ABC trial demonstrating sustained clinical activity in patients with advanced MBC who did not respond to multiple prior treatments,” noted William V. Williams, MD, BriaCell’s President & CEO.

The details of the presentations 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). Treatment was well tolerated with injection site reactions, mostly mild in severity, the most frequent side. The clinical benefit rate was 62% overall in long-term survivors. Of patients treated with the Phase 3 formulation, 10 of 21 (48%) survived over a year.

Median overall survival (“OS”) was 13.3 months for patients who initiated checkpoint inhibitor (“CPI”) therapy in Cycle 1 (as is being done in the Phase 3 Bria-ABC study) versus 7.4 months for those who initiated CPI therapy in Cycle 2 with estimated 12-month and 24-month OS rates being 50% and 25% for initiating CPI in the first cycle. Among patients who developed an immune response, as measured by delayed-type hypersensitivity (“DTH”), median OS was 11.9 months in DTH-positive patients versus 4.7 months in DTH-negative patients, with 48% versus 0% 12-month survival, respectively. Estimated 12-month and 24-month OS rates were 41% and 24%, respectively, for the entire Phase 2 population. For patients treated with the Phase 3 regimen, the median OS was 16.6 months with >55% OS at 1 year and >27% at 2 years (see Figure 1 below. Note that the CPI at C1 and IP w/o IFNγ is the Phase 3 Bria-IMT regimen).  There were no treatment-related discontinuations and no unexpected safety signals.

Figure 1: Overall Survival by Sequence and Formulation

Figure 1: Phase 2 study overall survival by sequence and formulation demonstrating extended OS with CPI at C1 and IP w/o IFNγ (Bria-IMT Phase 3 regimen) 

Conclusions: In heavily pretreated MBC patients, Bria-IMT demonstrated an excellent 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 3 formulation in the ongoing Phase 3 study Bria-ABC. The clinical findings further confirmed the preferred formulation for the ongoing pivotal Phase 3 study.

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 study 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 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.

Study patients were heavily pretreated, consistent with BriaCell’s prior Phase 2 population, with a median of 6 prior systemic therapies (range: 2–14), including prior ADCs in 84%, CPIs in 27%, and CDK4/6 inhibitors in 61%. Blinded Phase 3 data suggest sustained quality of life despite advanced disease and poor prognostic characteristics. TWiST analysis demonstrated meaningful time alive without disease symptoms or significant treatment-related toxicity, supporting a favorable benefit-risk profile.

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).

Results:

  • ≥1 circulating tumor cells (CTC)s were found in 25% at baseline (BL) and 20% at the first on-treatment assessment(T1)
  • ≥1 Cancer-associated macrophage-like cells (CAMLs) were found in 93% at BL & 93% at T1
  • ≥1 CTC significantly correlated with progression free survival (PFS) at BL, but not at T1
  • A decrease or stable CAML counts between BL and T1 (seen in 60% of patients) significantly correlated with better progression-free survival

In this ongoing blinded analysis of heavily pretreated metastatic breast cancer patients, stable or decreased CAML counts from baseline to Cycle 3 were observed in 60% of evaluable patients and significantly correlated with improved PFS. Baseline CTC positivity was associated with more rapid progression. These findings support further evaluation of CAML dynamics as a potential early blood-based biomarker of clinical outcomes in the Phase 3 Bria-ABC study.

Following the presentation, copies of the posters will be 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 at the 2026 ASCO Annual Meeting, and the contents of such posters, including final Phase 2 Bria-IMT survival data, quality of life and TWiST analyses 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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/31dfc6cf-bbf0-4255-9a71-332768a478f1


FAQ

What clinical results did BriaCell (BCTX) present for Bria-IMT at ASCO 2026?

BriaCell reported Phase 2 and ongoing Phase 3 Bria-IMT™ + checkpoint inhibitor data showing extended survival, maintained quality of life, and supportive biomarker findings in heavily pretreated metastatic breast cancer. According to BriaCell, the Phase 3 regimen achieved 16.6-month median overall survival with over 55% one-year survival.

What were the Phase 2 overall survival outcomes for BriaCell (BCTX) Bria-IMT Phase 3 regimen?

The Phase 2 trial showed median overall survival of 16.6 months for patients treated with the Phase 3 Bria-IMT regimen. According to BriaCell, more than 55% survived over one year and more than 27% survived over two years, with no treatment-related discontinuations reported.

How did checkpoint inhibitor timing affect survival in BriaCell (BCTX) Bria-IMT studies?

Earlier checkpoint inhibitor use was associated with longer survival in the Bria-IMT Phase 2 study. According to BriaCell, median overall survival was 13.3 months when checkpoint inhibitor therapy began in Cycle 1, versus 7.4 months when started in Cycle 2, with 50% 12‑month survival for early initiation.

What quality-of-life outcomes were observed in BriaCell (BCTX) pivotal Bria-ABC Phase 3 trial?

Blinded Phase 3 Bria-ABC data showed preserved global health and key functional domains in heavily pretreated metastatic breast cancer patients. According to BriaCell, quality of life remained stable and TWiST analysis indicated meaningful time without disease symptoms or significant treatment-related toxicity, supporting a favorable benefit-risk profile.

How do BriaCell (BCTX) biomarkers like DTH, CTC, and CAMLs relate to patient outcomes?

Biomarker analyses linked immune and blood-cell changes with outcomes in Bria-IMT studies. According to BriaCell, DTH-positive patients and those with lower baseline CTCs had longer survival, while stable or decreased CAML counts significantly correlated with improved progression-free survival in the ongoing Phase 3 Bria-ABC trial.

What does the TWiST analysis indicate for BriaCell (BCTX) Bria-IMT plus CPI regimen?

TWiST analysis suggested meaningful time alive without symptoms or significant treatment-related toxicity in Phase 3 Bria-ABC patients. According to BriaCell, these results, combined with preserved quality of life, support a favorable benefit-risk profile and potential for decentralized care or home self‑administration of the regimen.