- Developing
Bria-OTS, the first off-the-shelf personalized immunotherapy for advanced
breast cancer
- Initiated
FDA-approved phase IIa combination study of BRIA-IMT with Merck & Co.
Inc.’s KEYTRUDA
- Impressive
results in two proof-of-concept clinical trials reveal rapid response
rate, repeated response following retreatment and excellent safety profile
- Cancer
immunotherapy market is anticipated to grow to $145 billion by 2022, at a
CAGR of 14 percent
BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT), a
clinical-stage biotechnology company that’s currently focused on the
development of targeted immunotherapy solutions for advanced breast cancer
patients, has, to date, demonstrated excellent results with Bria-IMT in several
clinical trials. BriaCell continues to concentrate on these cancer patients,
who often enter the company’s clinical studies after thoroughly exhausting all
other treatment options. This unmet medical need facing advanced breast cancer
patients is real and growing ever more acute, as new cases of breast cancer are
diagnosed daily. More than 2.1 million new cases were documented globally in
2018, according to the Cancer Research Institute (http://ibn.fm/f08Ko).
BriaCell’s leading candidate, Bria-IMT, works by providing
breast cancer antigens that directly stimulate T-cells to activate and boost
their anti-cancer capabilities. Bria-IMT has already achieved proof of concept
in clinical trials and is showing an outstanding safety profile, as well as
excellent efficacy (http://ibn.fm/3rcg2).
Currently, Bria-IMT’s effectiveness is being assessed in combination with
KEYTRUDA (pembrolizumab) by Merck & Co., Inc. (NYSE: MRK). During the
clinical trials, BriaCell’s cancer-fighting immunotherapy managed to elicit
tumor regression even in the case of heavily pre-treated advanced breast cancer
patients, as a recent article explains (http://ibn.fm/4Xebp).
“We believe that combination of Bria-IMT with immune
checkpoint inhibitors should create even more potent anti-cancer immune
responses,” BriaCell President and CEO Dr. Bill Williams stated in a recent
news release (http://ibn.fm/gUe7p).
“BriaCell is committed to exploring additional ways to address the unmet needs
of the advanced breast cancer community. We are very excited to test this novel
combination treatment approach which we believe will offer significant clinical
benefit to patients with advanced breast cancer.”
The imminent clinical use of a novel, frozen formulation of
Bria-IMT is another exciting development for BriaCell. The company’s frozen
formulation allows for the storage of cryopreserved, ready-to-inject Bria-IMT
for cold-chain overnight transport to clinical sites, where it will be thawed
prior to injection in patients. This unique formulation of Bria-IMT has also
shown improved potency compared to the old formulation in vitro. Long term,
this novel, frozen formulation is expected to carry reduced per-dose costs
compared to the old formulation, as the company stated in a news release (http://ibn.fm/aSecW). The frozen
formulation will also be applicable to Bria-OTS, BriaCell’s personalized
off-the-shelf immunotherapy, which is under development.
BriaCell recently announced the appointment of Jamieson
Bondarenko to its board of directors. As an active investor, Bondarenko provides
strategic capital markets and corporate development advice to
early-stage life sciences companies through his merchant capital
firm, JGRNT Capital Corp., according to a news release (http://ibn.fm/jfKPk).
“Jamieson brings extensive capital markets experience to
BriaCell,” Dr. Saeid Babaei, BriaCell’s chairman of the board, stated in the
release. “His expertise will be a valuable resource for BriaCell in the current
investment environment as we execute our mission to bring innovative
therapeutics to patients who tirelessly fight the deadliest forms of advanced
breast cancer with no effective treatment options.”
Bondarenko was most recently principal, managing
director, equity capital markets at Eight Capital. His previous
roles include equity capital markets and investment banking positions at Dundee
Capital Markets, Wellington West Capital Markets and HSBC
Securities. He is a CFA charter holder and a chartered market technician.
For more information, visit the company’s website at www.BriaCell.com
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment