Briacell Therapeutics Corp Stock Price, News & Analysis

BriaCell Therapeutics Corp. (NASDAQ: BCTX, TSX: BCT) has provided an update on its pivotal Phase 3 study of Bria-IMT™ in combination with an immune checkpoint inhibitor for metastatic breast cancer (MBC). Key points include:

- 35 clinical sites are actively enrolling patients
- The study will enroll up to 354 patients
- Primary endpoint is overall survival (OS)
- Interim data analysis planned at 144 events (deaths)
- Patient enrollment completion expected by mid-2025
- No serious adverse events related to Bria-IMT™ reported to date

Positive results could lead to full approval and marketing authorization for Bria-IMT™ in MBC patients. The Bria-IMT™ combination regimen has received FDA Fast Track designation.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) has closed its previously announced best-efforts offering of 5,128,500 common shares and warrants. The offering was priced at $0.975 per share and associated warrant, at-the-market under Nasdaq rules. The warrants have an exercise price of $0.85 per share and are immediately exercisable for five years. The offering raised approximately $5 million in gross proceeds.

The company plans to use the net proceeds for working capital requirements, general corporate purposes, and advancing business objectives. ThinkEquity acted as the sole placement agent for the offering. The securities were offered under BriaCell's effective shelf registration statement on Form S-3, with a prospectus supplement and prospectus filed with the SEC.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) has announced a $5 million offering of 5,128,500 common shares and warrants. The offering is priced at $0.975 per share and associated warrant, at-the-market under Nasdaq rules. The warrants have an exercise price of $0.85 per share and will be immediately exercisable for five years upon issuance.

The offering is expected to close on October 2, 2024, subject to customary closing conditions. ThinkEquity is acting as the sole placement agent. BriaCell intends to use the net proceeds for working capital requirements, general corporate purposes, and advancing business objectives. The offering is made pursuant to a shelf registration statement on Form S-3 filed with the SEC.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, TSX: BCT) reports remarkable results from its Phase 2 study of Bria-IMT™ plus an immune checkpoint inhibitor regimen in metastatic breast cancer. A heavily pre-treated patient, who had failed 8 prior regimens including ADC therapy, showed complete resolution of right temporal lobe brain metastasis and significant reduction of an 'Eye-Bulging' orbital tumor.

Key highlights:

• 100% resolution of brain metastasis after 8 and 11 months of treatment
• Sustained drop in tumor markers
• Patient has completed 17 treatment cycles over 12 months
• Near-complete resolution of breast cancer tumor in the right orbit

Dr. William V. Williams, BriaCell's CEO, stated that these findings could transform treatment for metastatic breast cancer patients with brain metastasis. The company is now evaluating this patient subgroup in their ongoing pivotal Phase 3 study.

BriaCell Therapeutics Corp. (NASDAQ: BCTX) has announced FDA authorization of an Expanded Access Policy (EAP) for metastatic breast cancer patients. This policy allows access to BriaCell's Bria-IMT™ regimen for patients beyond the scope of their pivotal Phase 3 trial. The EAP is a condition of BriaCell's Fast Track designation and aims to help patients in need of novel treatments.

Dr. William V. Williams, BriaCell's CEO, stated that the FDA authorization highlights the safety and efficacy profile of Bria-IMT™. The company expects their novel immunotherapy to bring hope to patients suffering from this deadly disease, which remains the second leading cause of cancer death in American women.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW; TSX: BCT) has successfully closed its previously announced best-efforts offering, raising approximately $8.5 million in gross proceeds. The clinical-stage biotechnology company, focused on developing novel immunotherapies for cancer care, sold 12,325,000 common shares at $0.69 per share. ThinkEquity acted as the sole placement agent for this at-the-market offering under Nasdaq rules.

The company plans to use the net proceeds for working capital requirements, general corporate purposes, and advancing business objectives. The securities were offered through BriaCell's effective shelf registration statement on Form S-3, with a prospectus supplement and prospectus filed with the SEC.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) has announced the pricing of a $8.5 million offering of 12,325,000 common shares or pre-funded warrants at $0.69 per share. The offering, priced at-the-market under Nasdaq rules, is expected to close on September 12, 2024. ThinkEquity is acting as the sole placement agent. BriaCell intends to use the net proceeds for working capital requirements, general corporate purposes, and advancing business objectives. The offering is made pursuant to a shelf registration statement on Form S-3 filed with the SEC. BriaCell is a clinical-stage biotechnology company developing novel immunotherapies for cancer care.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, TSX: BCT) has reported positive overall survival data from its Phase 2 clinical study of Bria-IMT™ in combination with an immune checkpoint inhibitor for late-stage metastatic breast cancer. The study showed a median overall survival of 15.6 months in patients treated since 2022, compared to 6.7-9.3 months reported in literature for similar patients. This represents a significant improvement over the previously reported 13.4 months median overall survival in December 2023.

The Phase 2 study enrolled 54 heavily pre-treated metastatic breast cancer patients, with an average of 6 prior treatments. The Bria-IMT™ regimen showed no drug-related discontinuations to date. BriaCell is currently conducting a Phase 3 pivotal study using the same Bria-IMT™ formulation in metastatic breast cancer patients.

BriaCell Therapeutics Corp. (NASDAQ: BCTX, TSX: BCT) has received positive feedback from its Pre-Investigational New Drug Application (Pre-IND) meeting with the FDA for Bria-PROS+™, its personalized off-the-shelf immunotherapy for advanced prostate cancer. The FDA has waived the requirement for animal toxicology and pharmacokinetic studies, simplifying the development pathway. This feedback provides a clear path towards filing an IND and conducting a Phase 1/2 study of Bria-PROS+™. The company views this as a major step in developing a potential novel approach for prostate cancer, which remains the second-leading cause of cancer death in American men. These interactions also inform the development of BriaCell's proprietary Bria-OTS+™ platform for other cancers.