Briacell Therapeutics Corp Stock Price, News & Analysis

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) presented promising clinical data from its Bria-IMT™ regimen at the 2023 American Association for Cancer Research Annual Meeting. Of the 18 patients studied since 2021, 15 remain alive, showcasing a significant survival benefit compared to typical outcomes in similar cohorts. The treatment demonstrated effective immune system activation, especially in patients with advanced metastatic breast cancer who had failed prior therapies. The data indicates improved progression-free survival (PFS) rates and a tolerable safety profile. BriaCell is also advancing Bria-OTS2.0, an enhanced version of its personalized immunotherapy, which shows potential for greater clinical efficacy. The ongoing studies aim to further validate these findings and address the unmet needs in metastatic breast cancer treatment.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) announces the Board's approval of a reorganization to spin-out its pre-clinical pipeline assets, including Bria-TILsRx™ and PKCδ inhibitors, into a new entity termed SpinCo. This move aims to enhance shareholder value by allowing independent development of SpinCo Assets. Upon closing, BriaCell shareholders will receive shares in both BriaCell and SpinCo, with 33.33% ownership of SpinCo. Dr. William V. Williams will lead SpinCo. The transaction requires approval from 66.67% of BriaCell's shareholders and court authorization, aiming to attract funding for the further advancement of SpinCo’s assets.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) will present four posters at the 2023 American Association for Cancer Research (AACR) Annual Meeting from April 14-19, 2023, in Orlando, Florida. These presentations will showcase updated survival data and new patient insights related to immunotherapies for cancer. Key topics include the use of whole cell antigen presenting immune stimulating cells for metastatic breast cancer, and engineering cancer vaccines. The abstracts will be published on April 14, 2023, in the Cancer Research journal.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) reports promising survival data from its Phase II trial of Bria-IMT™ combined with Incyte’s retifanlimab for advanced metastatic breast cancer. Of 11 patients treated in 2021/2022, 9 (82%) remain alive, showcasing significant survival benefits. The regimen has shown tolerability without dose-limiting toxicities. Additionally, 7 of 11 patients experienced disease control or progression-free survival, with a median progression-free survival of 3.5 months. The FDA has agreed to use survival as the primary endpoint for the upcoming pivotal trial. BriaCell also announced the enrollment of 9 additional patients, building on the 12 already in the study.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) held its annual general and special meeting on February 9, 2023, where 6,663,370 common shares, representing 42.94% of the total shares, were voted. Shareholders approved all proposed resolutions, which included appointing MNP LLP as auditors, electing new directors, and approving the new omnibus equity incentive plan. The Omnibus Plan is pending final approval from the Toronto Stock Exchange. A formal report of the voting results will be filed on SEDAR.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) announced positive feedback from the FDA for its pivotal study of Bria-IMT™ combined with a checkpoint inhibitor aimed at treating advanced metastatic breast cancer. The company aims to accelerate commercialization through this pivotal study, potentially leading to a Biologics License Application. Eligible patients are those who have exhausted approved therapies, with a primary endpoint focused on survival improvement. BriaCell has $37 million in cash, allowing it to proceed without additional financing. The company also plans to initiate a Bria-OTS™ personalized treatment program in 2023.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) announced measures to combat alleged illegal trading that has possibly depressed its share price. The Company suspects collusion aimed at undermining shareholder interests. In response, BriaCell is considering legal action against those involved in these practices. This initiative reflects the Company’s commitment to protecting its investors and advancing its immunotherapy treatments for cancer. BriaCell aims to establish itself as a leader in the immuno-oncology space, emphasizing the importance of supportive investors in its ongoing development efforts.

BriaCell has received positive feedback from the FDA following its End of Phase II meeting regarding its lead candidate, Bria-IMT™, in combination with a checkpoint inhibitor for advanced metastatic breast cancer. The FDA's agreement on primary endpoints and study design paves the way for a pivotal clinical study targeting patients with no approved treatment options. Success in this registration study could lead to a Biologics License Application (BLA) for commercialization of this innovative immunotherapy. This milestone reflects BriaCell's commitment to advancing its immuno-oncology programs.

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) has secured a new US patent for its personalized off-the-shelf cancer immunotherapy technology, extending protection until May 2040. The company plans to commence its Bria-OTS™ clinical study in the first half of 2023, as guided by the FDA. Additionally, two new clinical sites, Carle Cancer Institute in Illinois and American Oncology Network in Maryland, have been added for the Phase II Bria-IMT™ study, aimed at improving treatment access for advanced breast cancer patients.