FINWIRES · TerminalLIVE
FINWIRES

BriaCell Presenting Final Phase 2, Ongoing Phase 3 Data at ASCO Meeting

By

BriaCell Therapeutics (BCT.TO) Monday said it is presenting final Phase 2 data from its Bria-IMT trial as well as data from its ongoing Phase 3 trial at the American Society of Clinical Oncology meeting taking place in Chicago.

Phase 2 results demonstrated an excellent safety profile and also showed the emergence of a long-term survivor cohort of heavily pretreated metastatic breast cancer patients. Durable survival rates were observed beyond 12 and 24 months, a statement said.

BriaCell's Phase 3 data, which addresses a key challenge of limiting toxicity in patients undergoing treatment, is also "encouraging", said Adam Brufsky, professor of medicine at the University of Pittsburgh.

"We are increasingly optimistic with the early quality of life and biomarker data from our ongoing pivotal Phase 3 Bria-ABC trial demonstrating sustained clinical activity in patients with advanced MBC who did not respond to multiple prior treatments," said William Williams, BriaCell chief executive.

BriaCell over the weekend said it plans to raise US$4.7 million in a private placement offering of 1.45 million shares priced at US$3.25 each.

BriaCell shares were last seen down $0.46, to $4.57, on the Toronto Stock Exchange.

Price: $4.50, Change: $-0.53, Percent Change: -10.54%

Related Articles

Mining & Metals

NFI Unit Says Working With Volvo Buses to Build 60 New Tri-axle Double-Deckers for Lothian Buses

NFI Group (NFI.TO) unit Alexander Dennis Monday said it is working with Volvo Buses to build 60 new tri-axle double-deckers for Scottish bus operator Lothian Buses.The operator has placed a firm order with Volvo Buses for 60 new low-emission double-deck buses based on the efficient B8L chassis, which Alexander Dennis will body with its Enviro400XLB design, it said. The majority of the new Enviro400XLB will be used to meet rising demand in the East Coast Buses and Lothian Country operations, which connect East and West Lothian to the Scottish capital, it added.The Airlink 100 service between Edinburgh Airport and the city center will also benefit from the fleet investment, said the company. Lothian Buses also plans to order 40 zero-emission double-deckers from the two manufacturers, with Alexander Dennis placing its next-generation Enviro400EV body on the Volvo BZL electric chassis.Procurement of these vehicles, it said, is subject to confirmation of grant funding allocation to Lothian Buses from the Scottish Government's third-round Scottish Zero-Emission Bus Challenge Fund (ScotZEB3).Shares of the company closed up 1.6% to $23.2 on Friday on the Toronto Stock Exchange.Price: $23.57, Change: $+0.37, Percent Change: +1.59%

$NFI.TO
Mining & Metals

Brief: S&P Global Canada Manufacturing PMI Slips to 52.9 in May Vs. 53.3 in April

$$CXY
Mining & Metals

Athabasca Oil Announces New $500M Four-Year Credit Facility and Expanded Duvernay Energy Credit Facility

Athabasca Oil (ATH.TO) has closed a new $500 million covenant-based credit facility with the Canadian bank market, the company said Monday. The facility has a four-year term to May 2030 and includes annual extension rights, it added.Duvernay Energy has also closed an upsized $75 million reserve-based credit facility. Pro forma for the new facilities, consolidated liquidity is near $870 million, the company noted.Athabasca in Monday's statement said the new credit facilities enhance its capital structure with expanded liquidity, enhanced durability and a lower cost of capital. The pro forma capital structure supports the company's fully funded Thermal Oil growth plan to greater than 60,000 bbl/d by 2030 and the expanded Duvernay Energy capital program announced in the first quarter 2026 results, it added.Athabasca said it remains committed to maintaining a "best-in-class balance sheet" as operations increase in scale. As at March 31, 2026, the company had a $60 million net cash position and $290 million of cash, it added.ATH was down $0.26 or 2.3% at $10.91 in Canada on Friday.

$ATH.TO