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TC BioPharm (Holdings) plc American Depositary Shares - TCBP STOCK NEWS

Welcome to our dedicated page for TC BioPharm (Holdings) plc American Depositary Shares news (Ticker: TCBP), a resource for investors and traders seeking the latest updates and insights on TC BioPharm (Holdings) plc American Depositary Shares stock.

TC BioPharm (Holdings) PLC (NASDAQ: TCBP) is a clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative immunotherapy products. The company leverages its proprietary allogeneic gamma-delta T (GD-T) cell platform to create novel therapies aimed at treating cancer and viral infections.

Gamma-delta T cells are unique immune cells that possess characteristics of both the innate and adaptive immune systems, enabling them to distinguish between healthy and diseased tissues. TC BioPharm's approach uses these cells to develop effective treatments for various cancers, including both liquid and solid tumors.

Notable achievements include the initiation of phase 2b/3 pivotal trials for OmnImmune® in the treatment of acute myeloid leukemia (AML) using their proprietary allogeneic CryoTC technology, which allows for the distribution of frozen cell products to clinics worldwide. The company also maintains a robust pipeline targeting solid tumors and has built a significant intellectual property portfolio.

Recent developments highlight TC BioPharm's dynamic progress:

  • March 1, 2024: CEO Bryan Kobel featured on 'The Big Biz Show,' discussing the company's ongoing advancements.
  • March 18, 2024: An institutional investor exercised warrants resulting in a net cash infusion of $1.17M, strengthening the company’s financial position.
  • March 19, 2024: The company adjourned its General Meeting to gather additional information for a shareholder vote.
  • April 2, 2024: Announcement of a new streamlined manufacturing process to increase patient treatment capacity and reduce costs by 85%.
  • April 4, 2024: Execution of a non-binding letter of intent to acquire assets focused on CAR-NK cell therapies, enhancing their cancer treatment capabilities.
  • May 6, 2024: Agreement for the immediate exercise of certain warrants, raising approximately £3.1M for clinical trials and operations.
  • May 6, 2024: Announcement of a second letter of intent to acquire a company developing CAR-T therapies for solid tumors and autoimmune diseases.
  • May 15, 2024: Launch of a compassionate use program in the UK for TCB-008, providing new treatment options for patients ineligible for clinical trials.

TC BioPharm continues to focus on expanding its therapeutic platform, leveraging strategic partnerships, and advancing its clinical trials, all while upholding its commitment to improving patient outcomes.

Rhea-AI Summary

TC Biopharm (NASDAQ: TCBP) announced a significant rise in acute myeloid leukemia (AML) diagnoses globally, increasing by 34.6% among men and 7.9% among women from 1990 to 2019, according to a recent study. In response, the Company highlighted the urgency for innovative cancer therapeutics, specifically its allogeneic gamma-delta T cell therapy, OmnImmune, currently in Phase 2B/3 trials. The FDA has granted Orphan Drug status to OmnImmune, with promising early results indicating low toxicity and potential effectiveness as a standalone and combination therapy. The Company aims to launch this treatment in 2023.

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TC Biopharm (NASDAQ: TCBP) has been recognized by Kuick Research as a leading player in the gamma-delta T cell therapy market, projected to exceed $4 billion by 2028. The company is advancing its allogeneic gamma-delta T cell therapies, specifically with its OmnImmune® product, currently in a Phase 2b/3 trial for acute myeloid leukemia. Early trials showed a significant decrease in cancer levels from 38% to 6% without serious side effects. TC Biopharm’s operations and management position it well for growth in this promising sector.

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TC Biopharm (NASDAQ: TCBP) announced the formation of a Scientific Advisory Board (SAB) to advance its gamma-delta T cell therapy, OmnImmune®, for Acute Myeloid Leukemia (AML). Dr. Mark Bonyhadi, with over 30 years in biopharmaceuticals, will lead the SAB alongside notable experts like Uma Lakshmipathy and Erin Adams. The SAB aims to bolster the company's research and development efforts in oncology. TC BioPharm is a leader in gamma-delta T cell therapies with ongoing phase II/III trials, demonstrating a commitment to innovation in the field of cancer treatment.

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TC Biopharm (NASDAQ: TCBP), a clinical-stage biotechnology company, will present at the LD Micro Invitational from June 7th to 9th, 2022, at Four Seasons Westlake Village. This prestigious 3-day investor event will feature around 200 companies, each presenting for 25 minutes followed by private meetings. TC Biopharm specializes in gamma-delta T cell therapies for cancer and viral infections, leading the way in clinical studies. Currently, the company is conducting pivotal trials for its OmnImmune® product in acute myeloid leukemia and ImmuniStim for Covid-19 treatment.

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TC Biopharm (NASDAQ: TCBP) announced its participation in multiple upcoming conferences focused on allogeneic gamma-delta T cell therapies for cancer. Michael Leek, Co-founder and Executive Chairman, will present at the Allogeneic Cell Therapies Summit in Boston from May 9-11, and the Advanced Therapies Conference in London on May 24-25. Additionally, he will speak at the Next Generation CAR & T Cell Therapies 2022 in San Francisco from June 14-16, and the Onco Cell Therapy Summit in Boston from June 29-30. These events showcase TC Biopharm's innovative approaches in clinical-stage biopharmaceuticals.

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On April 21, 2022, TC Biopharm (NASDAQ: TCBP) announced a donation to the Leukemia and Lymphoma Society to raise awareness for World AML Day. As a clinical-stage biotechnology company, TC Biopharm is developing gamma-delta T cell therapies for cancer and viral conditions, with ongoing phase 2b/3 trials for its OmnImmune® treatment targeting acute myeloid leukemia (AML). CEO Bryan Kobel emphasized the company's commitment to advancing novel cell therapies while collaborating with healthcare institutions.

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TC BioPharm (NASDAQ: TCBP) has achieved a significant milestone by successfully registering the trademark 'CryoTC®', a proprietary freeze-thaw process for its lead oncology product, OmnImmune®. This innovative process enhances the product's accessibility and storage, establishing it as an 'off the shelf' cell therapy for potential treatments of acute myeloid leukemia and other cancers. With a strong clinical pipeline, TC BioPharm aims to lead in gamma-delta T cell therapies, combining innate and adaptive immune responses to tackle various cancers and viral infections.

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TC Biopharm (NASDAQ: TCBP) has received equity research coverage from EF Hutton, which issued a 'Buy' rating with a target price of $5. This rating follows TC Biopharm's key milestones, including successful Phase 1b/2a trial results in late-stage Acute Myeloid Leukemia (AML) patients treated with allogeneic gamma-delta T cells and the granting of orphan drug status for its product OmnImmune® in AML. The company focuses on developing gamma-delta T cell therapies for cancer and has a robust pipeline and significant intellectual property portfolio.

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TC Biopharm announced that it has received MHRA and Research Ethics Committee approvals to begin clinical trials for its OmnImmune® therapy to treat Acute Myeloid Leukemia (AML). The Phase 2/3 trials are set to start enrollment in the first half of 2022 in the UK, with plans to expand into the US afterward. Previously, OmnImmune® received orphan drug designation from the FDA. CEO Bryan Kobel expressed enthusiasm about progressing with their proprietary therapy following promising Phase 1b/2a results. The company is focused on developing gamma-delta T cell therapies with a strong pipeline for future indications.

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On March 17, 2022, TC Biopharm (NASDAQ: TCBP) announced that the FDA granted orphan drug status to its lead product, OmnImmune®, for treating Acute Myeloid Leukemia (AML). This designation allows for a seven-year exclusive marketing period post-approval, enhancing commercial protection for OmnImmune®. The company aims to advance OmnImmune® through Phase 2b/3 trials, leveraging its innovative allogeneic gamma-delta T cell therapies. TC Biopharm positions itself at the forefront of cancer therapy development, with plans for enrollment in trials in both the UK and the US.

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FAQ

What is the current stock price of TC BioPharm (Holdings) plc American Depositary Shares (TCBP)?

The current stock price of TC BioPharm (Holdings) plc American Depositary Shares (TCBP) is $0.6239 as of November 22, 2024.

What is the market cap of TC BioPharm (Holdings) plc American Depositary Shares (TCBP)?

The market cap of TC BioPharm (Holdings) plc American Depositary Shares (TCBP) is approximately 343.8K.

What does TC BioPharm (Holdings) PLC specialize in?

TC BioPharm specializes in developing allogeneic gamma-delta T cell therapies for treating various cancers and viral infections.

What are gamma-delta T cells?

Gamma-delta T cells are immune cells that combine properties of the innate and adaptive immune systems, allowing them to effectively identify and target diseased tissues.

What is OmnImmune®?

OmnImmune® is TC BioPharm's therapeutic product currently in phase 2b/3 pivotal trials for treating acute myeloid leukemia (AML) using their proprietary allogeneic CryoTC technology.

How does TC BioPharm's CryoTC technology work?

CryoTC technology enables the company to freeze and distribute allogeneic gamma-delta T cell products to clinics worldwide, ensuring accessibility and efficacy.

What recent financial milestones has TC BioPharm achieved?

An institutional investor recently exercised warrants, providing a net cash infusion of $1.17M. Additionally, the company raised approximately £3.1M through the immediate exercise of certain outstanding warrants.

What new manufacturing initiatives has TC BioPharm announced?

TC BioPharm is developing a new manufacturing process expected to increase treatment capacity from 52 to over 1,000 patients per year while reducing costs by 85%.

What is TC BioPharm's compassionate use program?

The compassionate use program in the UK allows patients who are ineligible for clinical trials to access TC BioPharm's lead therapeutic TCB-008.

What are the company's latest strategic acquisitions?

TC BioPharm has executed non-binding letters of intent to acquire assets focused on CAR-NK cell therapies and a company developing CAR-T therapies for solid tumors and autoimmune diseases.

Where can I watch the CEO's interview on 'The Big Biz Show'?

The interview can be viewed on streaming services like Roku, iHeart Radio, and Apple Podcasts, among others.

What is TC BioPharm's position in the biopharmaceutical industry?

TC BioPharm is a leader in developing gamma-delta T cell therapies and the first to conduct phase II/pivotal clinical studies in oncology.

TC BioPharm (Holdings) plc American Depositary Shares

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Biotechnology
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