BriaCell Partners with Caris Life Sciences® to Expand Patient Outreach and Molecular Profiling

Rhea-AI Summary

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) has partnered with Caris Life Sciences to enhance its capabilities in patient identification for clinical trials. The collaboration aims to expedite enrollment in a Phase I/II trial focused on advanced metastatic breast cancer. Caris will utilize its extensive oncology network and molecular profiling technologies to assist BriaCell in targeting patients most likely to benefit from its immunotherapy treatments. This partnership is expected to leverage Caris' advanced biomarker technology to improve patient outcomes.

Positive

• Partnership with Caris Life Sciences expected to accelerate patient enrollment in clinical trials.
• Utilization of Caris' extensive oncology network (495 oncology sites) for efficient patient identification.
• Caris' molecular profiling technology may enhance the targeting of patients for immunotherapy.

Negative

• None.

PHILADELPHIA and VANCOUVER, British Columbia, Sept. 14, 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 that it has signed an agreement with Caris Life Sciences^® (Caris), a leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare.

“Our goal is to develop immunotherapies that are personalized for each patient, and Caris’ extensive library of clinical data, cutting-edge biomarker technology, and expertise will be invaluable in achieving our objectives,” stated Dr. Giuseppe Del Priore, BriaCell’s Chief Medical Officer. “We expect Caris’ unique platform to help us identify patients who do not respond to existing treatments and are more likely to benefit from our immunotherapy treatments.”

Under the terms of the agreement, Caris will help BriaCell with efficient patient identification, accelerating enrollment for its current Phase I/II clinical trial in advanced metastatic breast cancer of certain genetically defined subgroups. The partnership between BriaCell and Caris leverages Caris’ Right-In-Time (RIT) Clinical Trial Network, a group of over 495 oncology sites that are able to quickly identify and enroll eligible patients in biomarker-directed clinical trials. This service offers patients and physicians access to the most cutting-edge precision medicine in development. Additionally, through Caris’ comprehensive molecular profiling (Whole Exome and Whole Transcriptome Sequencing), Caris will perform tumor profiling for the patients enrolled in the clinical trial.

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/.

About Caris Life Sciences

Caris Life Sciences^® (Caris) is the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare and improve patient outcomes. Through comprehensive molecular profiling (Whole Exome and Whole Transcriptome Sequencing) and the application of advanced artificial intelligence (AI) and machine learning algorithms, Caris has created the large-scale clinico-genomic database and cognitive computing needed to analyze and unravel the molecular complexity of disease. This information provides an unmatched resource and the ideal path forward to conduct the basic, fundamental research to accelerate discovery for detection, diagnosis, monitoring, therapy selection and drug development to improve the human condition.

With a primary focus on cancer, Caris’ suite of market-leading molecular profiling offerings assesses DNA, RNA and proteins to reveal a molecular blueprint that helps patients, physicians and researchers better detect, diagnose and treat patients. Caris’ latest advancement is a blood-based, circulating nucleic acids sequencing (cNAS) assay that combines comprehensive molecular analysis (Whole Exome and Whole Transcriptome Sequencing from blood) and serial monitoring – making it the most powerful liquid biopsy assay ever developed.

Headquartered in Irving, Texas, Caris has offices in Phoenix, New York, Denver, Tokyo, Japan and Basel, Switzerland. Caris provides services throughout the U.S., Europe, Asia and other international markets. To learn more, please visit CarisLifeSciences.com or follow Caris on Twitter (@CarisLS).

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 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

Caris Life Sciences Media Contact:
Lisa Burgner
corpcomm@carisls.com
214-294-5606

FAQ

What is the partnership between BriaCell (BCTX, BCTXW) and Caris Life Sciences?

BriaCell has signed an agreement with Caris Life Sciences to facilitate patient identification and accelerate enrollment in its clinical trials.

How will the partnership with Caris Life Sciences benefit BriaCell (BCTX, BCTXW)?

The partnership is expected to expedite patient enrollment in clinical trials and enhance the targeting of patients likely to respond to BriaCell's immunotherapies.

What is the focus of BriaCell's Phase I/II clinical trial?

The Phase I/II clinical trial is focused on advanced metastatic breast cancer, specifically targeting certain genetically defined subgroups.

How many oncology sites are involved in Caris Life Sciences' network?

Caris Life Sciences' Right-In-Time Clinical Trial Network includes over 495 oncology sites.