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.
TC Biopharm, a clinical-stage biotechnology firm, will present at the 3rd Gamma Delta T Therapies Summit in Boston from July 26-28, 2022. Key executives, including Emilio Cosimo, Dr. Michael Leek, and Angela Scott, will lead multiple sessions covering gamma-delta T cell therapies for cancer. The summit is expected to gather over 120 leaders in the field, emphasizing TC Biopharm's position as a leader in gamma-delta T cell therapy development with ongoing clinical trials for cancer treatments.
TC BioPharm (NASDAQ: TCBP) will have its CEO, Bryan Kobel, participate in a fireside chat at the "Innovating Cell and Gene Therapy Quality Control Conference 2022" on July 13, 2022. The session, moderated by Caroline Peachey, will address TC BioPharm's growth as a cell and gene therapy startup, quality control challenges, and advice for industry peers. TC BioPharm focuses on developing gamma-delta T cell therapies, including its promising product OmnImmune®, which targets relapse/refractory Acute Myeloid Leukemia and has received positive trial feedback and orphan drug status from the FDA.
TC Biopharm (NASDAQ: TCBP) announced the closure of its underwritten public offering of 10 million American Depositary Shares (ADSs) at $0.40 each, generating gross proceeds of $4 million. The offering allows underwriters a 45-day option to purchase an additional 1.5 million ADSs. This funding is intended to support the development of gamma-delta T cell therapies for cancer. The company is recognized as a leader in this field and is conducting phase II/III clinical trials for its OmnImmune® treatment in acute myeloid leukemia.
TC BioPharm (NASDAQ: TCBP) has announced the pricing of a public offering involving 10 million American Depositary Shares (ADSs) at $0.40 each, totaling $4 million in gross proceeds. The offering is set to close around June 7, 2022, pending customary conditions. The underwriters have a 45-day option to purchase an additional 1.5 million ADSs. The company specializes in developing gamma-delta T cell therapies for cancer treatment, with ongoing clinical trials and a strong intellectual property portfolio.
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.
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.
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.
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.
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.
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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