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BriaCell Therapeutics Stock Jumps 20% On Positive Clinical Trial Response

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Shares of BriaCell Therapeutics Corp. (BCTX) jumped over 20% on Monday morning after the clinical-stage biotechnology company announced a significant clinical response in the first patient treated with Bria-OTS, the company's novel immunotherapy for metastatic breast cancer.

BCTX is currently trading at $6.12, up $1.10 or 21.91%, on the Nasdaq. The stock opened its trading at $7.24 after closing Friday at $5.02. The stock has traded between $0.35 and $7.87 in the past 52-week period.

The company announced an unprecedented clinical response including the resolution of a lung metastasis with stable disease elsewhere. This patient is the first metastatic breast cancer (MBC) patient treated with Bria-OTS.

Bria-OTS is a personalized off-the-shelf immunotherapy, currently under investigation in a Phase 1/2a dose escalation study in metastatic recurrent breast cancer. Bria-OTS represents a personalized, next-generation, advancement of BriaCell's lead candidate Bria-IMT which is currently in a pivotal Phase 3 study for metastatic breast cancer.

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