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BriaCell Reports Outperforming Metastatic Breast Cancer Patients and Standard-Beating Survival Data

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BriaCell Therapeutics Corp. (Nasdaq: BCTX, TSX: BCT) reports positive survival data from its Phase 2 metastatic breast cancer (MBC) study. 55% of patients treated with Bria-IMT™ remained alive one year after enrollment, surpassing the survival rate of current standard care. The study included heavily pre-treated patients who had failed previous therapies, including checkpoint inhibitors and antibody-drug conjugates.

Notable outcomes include:

  • Patient with 25 months overall survival (OS) after failing 6 prior treatments
  • Patient with 24 months OS and stable disease
  • Patient with 15 months OS after 7 prior therapy lines
  • Patient with 14 months OS and 100% resolution of brain metastasis
The company is now conducting a pivotal Phase 3 study with interim results expected in the second half of 2025. No Bria-IMT™ related discontinuations have been reported to date.

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Positive

  • 55% one-year survival rate in Phase 2 study, exceeding current standard of care
  • Multiple patients with overall survival of over 2 years
  • Survival benefit observed in heavily pre-treated patients who failed previous therapies
  • No Bria-IMT™ related discontinuations reported to date
  • Ongoing pivotal Phase 3 study with interim results expected in H2 2025

Negative

  • Final median overall survival calculation for the Phase 2 study is still pending

Insights

The Phase 2 study results for Bria-IMT™ in metastatic breast cancer (MBC) are remarkably promising. The 55% one-year survival rate significantly outperforms current standards of care, which typically range from 30-47% for similar patient populations. This is particularly impressive given the heavily pre-treated nature of the study cohort (median of 6 prior therapies).

Key highlights include:

  • Multiple patients with overall survival exceeding 2 years, including those who had failed numerous prior treatments
  • Efficacy observed even in patients who progressed on checkpoint inhibitors and antibody-drug conjugates
  • No Bria-IMT™ related treatment discontinuations, suggesting a favorable safety profile

The data indicates potential for Bria-IMT™ to address a critical unmet need in late-stage MBC, where current therapies often fall short. If replicated in the ongoing Phase 3 trial, this could represent a significant advancement in MBC treatment, potentially extending survival for patients with options.

From an investment perspective, these Phase 2 results are highly encouraging for BriaCell Therapeutics (NASDAQ: BCTX). The company's $27.8 million market cap suggests significant upside potential if Bria-IMT™ continues to show strong results in the pivotal Phase 3 trial.

Key financial considerations:

  • Positive Phase 2 data reduces clinical risk, potentially making BCTX more attractive to investors and partners
  • Interim Phase 3 results expected in H2 2025 could be a major catalyst for the stock
  • The metastatic breast cancer market is substantial, with over 40,000 deaths annually in the US alone

However, investors should note that as a clinical-stage biotech, BCTX carries significant risks. The company will likely need additional funding to complete the Phase 3 trial and potential commercialization. Overall, the strong Phase 2 data positions BCTX as a high-risk, high-reward opportunity in the oncology space.

  • 55% of BriaCell patients1 remained alive one year since enrollment in BriaCell’s Phase 2 study, markedly exceeding the survival rate of current standard of care for similar patients
  • Multiple outperforming patients with overall survival of over 2 years
  • Survival benefit observed even in heavily pre-treated patients who failed treatment with checkpoint inhibitors (CPIs) and/or antibody-drug conjugates (ADCs)
  • Final median overall survival calculation for the Phase 2 study is pending, as many patients remain alive
  • No Bria-IMT™ related discontinuations reported to date

PHILADELPHIA and VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, announces new positive survival data, outperforming patients, and survival rates in its Phase 2 metastatic breast cancer (MBC) study.

In BriaCell’s Phase 2 clinical study, patients treated with the same Bria-IMT™ regimen formulation being used in the ongoing Phase 3 pivotal trial experienced a one-year survival rate of 55% (i.e. 55% of patients remain alive at least one year after starting on the study). This rate exceeds the survival data of the current standard of care for similar patients (see Table 1). Notably, 4 of 13 patients recruited in 2022 remain in survival follow-up as well, including:

  • Patient 01-009: Overall survival (OS) of 25 months has been reported in a patient who had failed 6 prior treatments prior to the BriaCell regimen. Stable disease and lymph node shrinkage has been recorded during 13 cycles of therapy.
  • Patient 07-001: OS of 24 months. She had stable disease and received 8 cycles of BriaCell’s therapy.
  • Patient 16-003: OS of 15 months and received 8 cycles of therapy with stable disease. Prior to the BriaCell regimen, she had 7 lines of therapy, which included the progression of disease while on the antibody-drug conjugate (ADC) Enhertu.
  • Patient 11-018: OS of 14 months. This previously-reported responder with 100% resolution of her brain metastasis has recently completed her 19th cycle of therapy.

“With over 40,000 deaths each year in the US alone, late-stage MBC remains an important unmet medical need for many patients and their families. Approved treatments are restricted by poor survival and harsh side effects,” 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 impressed with BriaCell’s promising randomized Phase 2 survival data indicating robust survival and a preferred tolerability profile for Bria-IMT™ and look forward to seeing the data being replicated in BriaCell’s pivotal Phase 3 study.”

“A number of patients with metastatic breast cancer have disease progression on currently approved drugs, including CPIs and ADCs, with limited overall survival,” remarked Dr. Aditya Bardia, Program Director of Breast Medical Oncology at UCLA, who was not involved with the BriaCell Phase 2 clinical trial. “BriaCell’s clinical data is interesting and highlights the role of the combination of Bria-IMT™ with CPIs in MBC.”

“Significant numbers of patients with metastatic breast cancer do not respond to currently approved drugs, including CPIs and ADCs, and have a very limited lifespan of weeks to a few months,” said Dr. William V. Williams, BriaCell’s President and CEO. “BriaCell’s clinical data supports our hypothesis that our regimen has prolonged survival in patients with metastatic breast cancer who otherwise have not responded to currently available treatments. We look forward to further confirming these impressive data in our ongoing pivotal Phase 3 study, with interim results expected in the second half of 2025. Overall survival is the primary endpoint in our pivotal Phase 3 study.”

Table 1: Comparable Analysis of 1 year survival for the BriaCell Phase 2 study

ReferenceBreast Cancer TypeMedian prior lines of therapyMedian OS (months)Percent Survival at 1 year
Bria-IMT plus CPIAll types
61% HR+
33% TNBC
6% HER2+
613.4*
15.6**
55%
Cortes et al.1All types
57% HR+
18-19% TNBC
18-20% HER2+
49.1-9.3~38-40%
Kazmi et al.2 All types
51-52% HR+
25-29% TNBC
9-24% HER2+
27.2-9.830-38%
Bardia et al.
(TPC arm)3
TNBC2-36.9~23%
 
Rugo et al
(TPC arm)4
HR+ HER2-211.247%
* Patients treated with the Phase 3 formulation
** Patients treated with the Phase 3 formulation since 2022
 
1. Cortes J, et al. Annals of Oncology 2018
2. Kazmi S, et al. Breast Cancer Res Treat. 2020
3. Bardia A, et al. J Clin Oncol. 2024
4. Rugo HS, et al. The Lancet. 2023
 

Abbreviations:
HR+: hormone receptor-positive
TNBC: Triple-negative breast cancer (lacks or has low levels of the estrogen receptor, progesterone receptor, and human epidermal growth factor receptor 2 (HER2))
HER2+: Human epidermal growth factor receptor 2 positive
HR+ HER2-: hormone receptor-positive and human epidermal growth factor receptor 2 negative
TPC: Treatment of Physicians Choice

The Phase 2 study enrolled 54 heavily pre-treated metastatic breast cancer patients (median number of prior treatments = 6) who received the Bria-IMT™ regimen plus checkpoint inhibitor. Of these 54 patients, 37 were treated with the formulation currently being used in BriaCell’s ongoing pivotal Phase 3 study in metastatic breast cancer (listed on ClinicalTrials.gov as NCT06072612). Final median overall survival calculation for the Phase 2 study is pending, as many patients remain alive. No Bria-IMT™ related discontinuations have been reported to date.

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 statements about: the impact of Bria-IMT™ on patients with metastatic breast cancer; BriaCell’s further clinical development of Bria-IMT™; the Company’s beliefs regarding the results of BriaCell’s pivotal Phase 3 study; and the efficacy of immune check point inhibitors, 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 

Media Relations:
Jules Abraham
CORE IR
julesa@coreir.com

Investor Relations Contact:
CORE IR
investors@briacell.com


1 Patients treated with the Bria-IMT™ formulation being used in the phase 3 study.


FAQ

What is the one-year survival rate for BriaCell's Phase 2 metastatic breast cancer study?

BriaCell's Phase 2 study reported a 55% one-year survival rate for patients treated with the Bria-IMT™ regimen.

How does BCTX's survival rate compare to the current standard of care?

BriaCell's 55% one-year survival rate markedly exceeds the survival rate of current standard of care for similar metastatic breast cancer patients.

When are interim results expected for BriaCell's (BCTX) Phase 3 pivotal study?

Interim results for BriaCell's Phase 3 pivotal study are expected in the second half of 2025.

What is the longest overall survival reported in BriaCell's (BCTX) Phase 2 study?

The longest overall survival reported in BriaCell's Phase 2 study is 25 months for a patient who had failed 6 prior treatments.
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