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TCBP Provides Update on Acquisition Strategy and Current Targets

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TC BioPharm (NASDAQ: TCBP) has advanced negotiations with previously announced acquisition candidates as part of its M&A expansion strategy. The company is focusing on two main areas: Natural Kill cell technologies and CAR-related technologies.

TCBP is prioritizing near-term opportunities in the NK space, exploring allogeneic NK and CAR-NK technologies to expand into autoimmune disease, solid tumors, and combination therapies with TCB008. The company is also pursuing novel CAR technologies to enhance TCB008's efficacy in solid tumors and other cancers, aiming to increase therapeutic use cases and manufacturing site utilization.

Management reports positive progress in discussions with current acquisition targets, focusing on companies with proprietary treatment approaches that complement TCBP's platform.

TC BioPharm (NASDAQ: TCBP) ha avviato avanzate negoziazioni con i candidati all'acquisizione precedentemente annunciati come parte della sua strategia di espansione M&A. L'azienda si sta concentrando su due aree principali: le tecnologie delle cellule Natural Killer e le tecnologie correlate al CAR.

TCBP sta dando priorità alle opportunità a breve termine nel settore NK, esplorando le tecnologie NK allogeniche e CAR-NK per espandersi nelle malattie autoimmuni, nei tumori solidi e nelle terapie combinate con TCB008. L'azienda sta inoltre perseguendo nuove tecnologie CAR per migliorare l'efficacia di TCB008 nei tumori solidi e in altri tipi di cancro, mirando ad aumentare i casi d'uso terapeutico e l'utilizzo dei siti di produzione.

La direzione riporta progressi positivi nelle discussioni con gli attuali obiettivi di acquisizione, focalizzandosi su aziende con approcci terapeutici proprietari che completano la piattaforma di TCBP.

TC BioPharm (NASDAQ: TCBP) ha avanzado en negociaciones con los candidatos a adquisición previamente anunciados como parte de su estrategia de expansión de M&A. La compañía se está enfocando en dos áreas principales: tecnologías de células Natural Killer y tecnologías relacionadas con CAR.

TCBP está priorizando oportunidades a corto plazo en el espacio NK, explorando tecnologías NK alogénicas y CAR-NK para expandirse a enfermedades autoinmunes, tumores sólidos y terapias combinadas con TCB008. La compañía también está persiguiendo nuevas tecnologías CAR para mejorar la eficacia de TCB008 en tumores sólidos y otros cánceres, con el objetivo de aumentar los casos de uso terapéutico y la utilización de sitios de fabricación.

La dirección informa de un progreso positivo en las discusiones con los objetivos actuales de adquisición, centrándose en empresas con enfoques de tratamiento propietarios que complementan la plataforma de TCBP.

TC BioPharm (NASDAQ: TCBP)는 M&A 확장 전략의 일환으로 이전에 발표된 인수 후보자와의 협상을 진전시켰습니다. 회사는 두 가지 주요 분야에 집중하고 있습니다: 자연 살해 세포 기술CAR 관련 기술.

TCBP는 NK 분야의 단기 기회를 우선시하며, 자가면역 질환, 고형 종양 및 TCB008과의 병용 요법으로 확장하기 위해 동종 NK 및 CAR-NK 기술을 탐색하고 있습니다. 또한, 고형 종양 및 기타 암에서 TCB008의 효능을 향상시키기 위해 새로운 CAR 기술을 추구하며, 치료적 사용 사례와 제조 시설 활용도를 증가시키는 것을 목표로 하고 있습니다.

경영진은 현재 인수 대상과의 논의에서 긍정적인 진전을 보고하며, TCBP의 플랫폼을 보완하는 독점적인 치료 접근 방식을 가진 기업에 집중하고 있습니다.

TC BioPharm (NASDAQ: TCBP) a avancé dans ses négociations avec les candidats à l'acquisition précédemment annoncés dans le cadre de sa stratégie d'expansion M&A. La société se concentre sur deux domaines principaux : les technologies de cellules Natural Killer et les technologies liées au CAR.

TCBP priorise les opportunités à court terme dans le domaine des NK, explorant les technologies NK allogéniques et CAR-NK pour s'étendre aux maladies auto-immunes, aux tumeurs solides et aux thérapies combinées avec TCB008. La société poursuit également des technologies CAR novatrices pour renforcer l'efficacité de TCB008 dans les tumeurs solides et d'autres cancers, visant à augmenter les cas d'utilisation thérapeutique et l'utilisation des sites de fabrication.

La direction fait état de progrès positifs dans les discussions avec les cibles d'acquisition actuelles, en se concentrant sur des entreprises avec des approches thérapeutiques propriétaires qui complètent la plateforme de TCBP.

TC BioPharm (NASDAQ: TCBP) hat die Verhandlungen mit zuvor angekündigten Übernahme-Kandidaten im Rahmen seiner M&A-Expansionsstrategie vorangetrieben. Das Unternehmen konzentriert sich auf zwei Hauptbereiche: Natural Killer Zelltechnologien und CAR-bezogene Technologien.

TCBP priorisiert kurzfristige Möglichkeiten im NK-Bereich und untersucht allogene NK- und CAR-NK-Technologien, um in Autoimmunerkrankungen, solide Tumore und Kombinationstherapien mit TCB008 zu expandieren. Das Unternehmen verfolgt auch neuartige CAR-Technologien, um die Wirksamkeit von TCB008 bei soliden Tumoren und anderen Krebserkrankungen zu verbessern, mit dem Ziel, therapeutische Anwendungsfälle und die Nutzung von Produktionsstandorten zu erhöhen.

Das Management meldet positive Fortschritte in den Gesprächen mit den aktuellen Übernahmezielen und konzentriert sich auf Unternehmen mit proprietären Behandlungsansätzen, die die Plattform von TCBP ergänzen.

Positive
  • Strategic expansion into new therapeutic areas (NK cell and CAR technologies)
  • Potential diversification into autoimmune disease and solid tumors
  • Opportunity to maximize manufacturing facility utilization
  • Progress in acquisition negotiations with multiple targets
Negative
  • No definitive agreements reached yet
  • Acquisition costs and integration risks not disclosed
  • Timeline for completion not specified

Insights

The negotiations update lacks concrete details on deal terms, timelines, or financial commitments, making it difficult to assess the immediate impact on TCBP's valuation. With a micro-cap market value of just $6.4M, financing these acquisitions could pose significant challenges and likely require substantial dilution through equity raises.

The strategic focus on NK cells and CAR technologies appears sound from a scientific perspective. The combination of gamma-delta T cells (TCB008) with NK cells could potentially enhance anti-tumor responses through complementary mechanisms. However, the CAR-NK space is becoming increasingly competitive with multiple well-funded players. TCBP will need compelling differentiation to succeed.

The manufacturing site expansion plans suggest confidence in future growth, but without clear financing plans or partnership details, execution risks remain high. The company's tiny market cap and early clinical stage status make this a highly speculative investment proposition despite the reasonable strategic rationale.

The therapeutic strategy of combining gamma-delta T cells with NK cells represents an intriguing scientific approach. NK cells provide innate anti-tumor activity while gamma-delta T cells offer adaptive immune responses - potentially creating synergistic effects against cancer cells. The planned expansion into CAR-modified TCB008 cells could enhance tumor targeting specificity.

However, significant technical challenges exist in developing effective allogeneic cell therapies, particularly for solid tumors. Manufacturing consistency, cell persistence and tumor penetration remain key hurdles. While the company's multi-modal approach is theoretically promising, successful clinical translation will require substantial resources and expertise.

The mention of autoimmune applications suggests broad platform potential but also risks spreading resources too thin. Without more specific details on acquisition targets or clinical development plans, it's difficult to evaluate the probability of technical and regulatory success.

EDINBURGH, Scotland, Dec. 31, 2024 /PRNewswire/ -- TC BioPharm (Holdings) PLC ("TC BioPharm" or the "Company") (NASDAQ: TCBP) a clinical-stage biotechnology company developing platform allogeneic gamma-delta T-cell therapies for cancer and other indications, today announced it has advanced negotiations with both of its previously aforementioned acquisition candidates.

This past spring TCBP announced the execution of non-binding letters of intent as part of its M&A strategy aimed at expanding its therapeutic platform. The Company continues to pursue its expansion strategy via acquisition, specifically in new indications and new cell therapy modalities.

TCBP will be focusing its acquisition efforts on two main areas; Natural Kill cell technologies and CAR-related technologies. The Company intends to move forward with near-term acquisition opportunities in the NK space, reviewing several new opportunities in the allogeneic NK space as well as the CAR-NK space. This would expand the Company's efforts into autoimmune disease as well as additional opportunities in solid tumors and combination therapies using both TCB008 and an allogeneic NK cell in combination.

Additionally, the Company is pursuing new opportunities in the novel CAR space. TCB008 is an ideal candidate to be modified with new CAR technologies further to enhance its efficacy in solid tumors and other cancers. Expanding TCB008 into a CAR-modified cell increases the use case and economies of scale for the therapeutic and furthers the use of our manufacturing site, where we have room for expansion.

"TC BioPharm is encouraged by the progress that we have made during these discussions with our current acquisition targets," said Bryan Kobel, Chief Executive Officer.  "We are pursuing companies that have developed proprietary approaches to their specific areas of treatment and would significantly enhance TCBP's treatment platform while meshing with our current offerings.  Management is currently negotiating deal terms in good faith, and I believe the process is progressing to mutually beneficial outcomes.  We hope to have additional updates soon as we remain committed to establishing ourselves as a leader in novel oncology treatments."

About TC BioPharm (Holdings) PLC

TC BioPharm is a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing gamma-delta T-cell therapies for cancer treatment with human efficacy data in acute myeloid leukemia. Gamma-delta T cells are naturally occurring immune cells that embody properties of both the innate and adaptive immune systems and can intrinsically differentiate between healthy and diseased tissue.

TC BioPharm is the leader in developing gamma-delta T cell therapies and the first company to conduct phase II/pivotal clinical studies in oncology. The Company is conducting two investigator-initiated clinical trials for its unmodified gamma-delta T-cell product line - Phase 2b/3 pivotal trial in the treatment of acute myeloid leukemia using the Company's proprietary allogeneic CryoTC technology to provide frozen product to clinics worldwide.

Forward-Looking Statements for TC BioPharm

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Current Report on Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the Company's intent or ability to affect any budget savings or execute on any M&A or capital raising strategy. These statements are based on management's current assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. For other important factors that could cause actual results to differ materially from the forward-looking statements in this Current Report on Form 8-K, please see the risks and uncertainties identified under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, and our other reports filed with the SEC, all of which is available on the Company's Investor Relations website at www.tcbiopharm.com and on the SEC website at www.sec.gov. All forward-looking statements reflect the Company's beliefs and assumptions only as of the date of this Current Report on Form 8-K. The Company undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

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SOURCE TC BioPharm

FAQ

What are the main acquisition focus areas for TCBP in 2024?

TCBP is focusing on two main areas: Natural Kill cell technologies and CAR-related technologies, with emphasis on allogeneic NK space and CAR-NK technologies.

How will TCBP's acquisition strategy expand its therapeutic applications?

The acquisitions will expand TCBP's platform into autoimmune disease, additional solid tumors, and combination therapies using TCB008 and allogeneic NK cells.

What is the current status of TCBP's acquisition negotiations?

TCBP has advanced negotiations with previously announced acquisition candidates and is currently negotiating deal terms, though no definitive agreements have been reached.

How will the acquisitions benefit TCBP's manufacturing capabilities?

The acquisitions will increase use cases for TCB008 and improve economies of scale, allowing better utilization of TCBP's manufacturing site which has room for expansion.

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Biotechnology
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