BriaCell Announces New Clinical Trial Site to Bring Novel Cancer Treatments to Advanced Breast Cancer Patients

Rhea-AI Summary

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) has announced the addition of Mayo Clinic in Jacksonville, Florida, as a clinical site for its Phase I/II study of Bria-IMT™ combined with Incyte's PD-1 inhibitor, retifanlimab, aimed at treating advanced breast cancer. The study is part of BriaCell's mission to leverage innovative immunotherapy approaches to improve patient outcomes. Dr. Giuseppe Del Priore, the Chief Medical Officer, expressed optimism about the collaboration and the potential for advancements in cancer treatment.

Positive

• Addition of Mayo Clinic as a clinical site may enhance study credibility.
• Collaboration with top cancer centers could accelerate research and development.
• Focus on immunotherapy indicates potential for innovative treatment solutions.

Negative

• None.

PHILADELPHIA and VANCOUVER, British Columbia, Oct. 12, 2022 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company specializing in targeted immunotherapies for cancer, announces today that it has added Mayo Clinic, Jacksonville, Florida as a clinical site in the Phase I/II study of BriaCell’s lead candidate, Bria-IMT™, with Incyte’s PD-1 inhibitor, retifanlimab, in advanced breast cancer.

“We are thrilled to be working with the clinical experts at Mayo Clinic and other top cancer centers across the United States. We believe that with our immunotherapy's novel mechanism of action, continuous innovations and improvements, and a Fast Track path to approval, we have great potential to improve patients’ lives,” stated Dr. Giuseppe Del Priore, BriaCell’s Chief Medical Officer.

About BriaCell Therapeutics Corp.

BriaCell is an immuno-oncology-focused biotechnology company developing targeted and effective approaches for the management of cancer. 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. Examples of forward-looking statements in this news release include statements that the Company makes regarding the potential ability of its immunotherapy to improve patients' lives. Forward-looking statements 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.sedar.com 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 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
Director of Public Relations
CORE IR
917-885-7378
julesa@coreir.com

Investor Relations Contact:
CORE IR
investors@briacell.com

FAQ

What is the purpose of BriaCell's Phase I/II study?

The study aims to evaluate the effectiveness of Bria-IMT™ in combination with Incyte's PD-1 inhibitor, retifanlimab, in treating advanced breast cancer.

When was the announcement about the Mayo Clinic collaboration made?

The announcement was made on October 12, 2022.

What impact does the addition of Mayo Clinic have on BriaCell?

Adding Mayo Clinic as a clinical site may enhance the study's credibility and potentially accelerate research outcomes.

What are the expected next steps for BriaCell after this announcement?

BriaCell is expected to proceed with its Phase I/II study at the new site while continuing to collaborate with other cancer centers.