BriaCell Enters Research Agreement to Identify Novel Targets for Cancer Treatment
June 29 2022 - 09:00AM
GlobeNewswire Inc.
BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX:
BCT) (“BriaCell” or the “Company”), a clinical-stage
biotechnology company specializing in targeted immunotherapies for
cancer, today announced a research collaboration agreement with
Harvard Medical School in support of a project led by Joan S.
Brugge, PhD, a faculty member. The project aims to discover new
targets that may lead to the development of novel anti-cancer
treatments.
The research collaboration will focus on the
discovery and development of novel targets to enhance tumor cell
responsiveness to chemotherapy and immunotherapies in specific
cancers including lung, head and neck, cervical, and bladder
cancers. The research team at Harvard Medical School is led by Joan
S. Brugge, PhD, who is the Louise Foote Pfeiffer Professor of Cell
Biology and Co-Director of the Ludwig Cancer Center.
“We are grateful for the opportunity to work
with Prof. Brugge and her expert team at Harvard Medical School to
advance discovery in oncology,” stated Dr. Miguel Lopez-Lago,
BriaCell’s Chief Scientific Officer. “We are hopeful that insights
from this effort may potentially inform BriaCell’s future R&D
aims in developing novel anti-cancer drugs. This research
collaboration is in line with our overall strategy of developing
safe and effective treatments for cancer patients with large unmet
medical needs.”
“Scientists have made tremendous strides in
understanding the basic biology of cancer over the last decade.
Despite this formidable progress, persistent challenges remain in
translating these discoveries into effective and safe
precision-targeted cancer treatments,” stated Brugge. “Our work
aims to solve these challenges.”
BriaCell will have the option to negotiate a
license to innovations owned by Harvard University that arise under
the one-year collaboration. The research agreement was coordinated
by Harvard’s Office of Technology Development.
About BriaCell Therapeutics
Corp.
BriaCell is an immuno-oncology focused
biotechnology company developing targeted and effective approaches
for the management of cancer. More information is available at
https://briacell.com/.
Safe Harbor
This press release contains “forward-looking
statements” that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” “will,” “would,” or the negative of
these words or other similar expressions, although not all
forward-looking statements contain these words. Examples of
forward-looking statements in this news release include, among
others, statements that the Company makes regarding the potential
for discovering and developing new targets that may lead to the
development of novel anti-cancer treatments. Forward-looking
statements are based on BriaCell’s current expectations and are
subject to inherent uncertainties, risks and assumptions that are
difficult to predict. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are described
more fully under the heading “Risks and Uncertainties” in the
Company's most recent Management’s Discussion and Analysis, under
the heading "Risk Factors" in the Company's most recent Annual
Information Form, and under “Risks and Uncertainties” in the
Company's other filings with the Canadian securities regulatory
authorities and the U.S. Securities and Exchange Commission, all of
which are available under our profiles on SEDAR at www.sedar.com
and on EDGAR at www.sec.gov. Forward-looking
statements contained in this announcement are made as of this date,
and BriaCell Therapeutics Corp. undertakes no duty to update such
information except as required under applicable law.
Neither Toronto Stock Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact Information
Company Contact:William V.
Williams, MDPresident &
CEO1-888-485-6340info@briacell.com
Media Relations:Jules
AbrahamDirector of Public RelationsCORE
IR917-885-7378julesa@coreir.com
Investor Relations Contact:CORE
IRinvestors@briacell.com
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