tiprankstipranks
Trending News
More News >

BriaCell’s Phase 3 Study in Metastatic Breast Cancer Receives Positive DSMB Recommendation

Story Highlights
BriaCell’s Phase 3 Study in Metastatic Breast Cancer Receives Positive DSMB Recommendation

Don’t Miss TipRanks’ Half Year Sale

An update from BriaCell Therapeutics ( (TSE:BCT) ) is now available.

BriaCell Therapeutics has received a positive recommendation from the independent Data Safety Monitoring Board (DSMB) for its pivotal Phase 3 study of Bria-IMT plus an immune checkpoint inhibitor in metastatic breast cancer. This marks the third consecutive positive DSMB review, highlighting the study’s favorable safety profile and reinforcing confidence in Bria-IMT’s potential as a transformative treatment under the FDA Fast Track Designation.

The most recent analyst rating on (TSE:BCT) stock is a Buy with a C$15.00 price target. To see the full list of analyst forecasts on BriaCell Therapeutics stock, see the TSE:BCT Stock Forecast page.

Spark’s Take on TSE:BCT Stock

According to Spark, TipRanks’ AI Analyst, TSE:BCT is a Neutral.

BriaCell Therapeutics has a challenging financial position with no revenue and consistent losses, heavily impacting its stock score. Despite this, recent corporate developments in cancer treatment provide some potential upside. Technical indicators are mixed, and valuation concerns persist with a negative P/E ratio. The company’s reliance on external financing is a notable risk.

To see Spark’s full report on TSE:BCT stock, click here.

More about BriaCell Therapeutics

BriaCell Therapeutics Corp. is a clinical-stage biotechnology company focused on developing novel immunotherapies to transform cancer care.

Average Trading Volume: 16,680

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$28.53M

Learn more about BCT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1