Financings
Briacell receives $2.05M Bria-PROS+ research grant

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Executive Summary
- Briacell Therapeutics Corp. has been awarded a non-dilutive research grant of $2,054,651 from the National Cancer Institute (NCI).
- The funding is designated to advance Bria-PROS+, a next-generation personalized off-the-shelf immunotherapy for prostate cancer.
- Proceeds will be used to complete the manufacturing of Bria-PROS+ and finance an upcoming Phase 1/2a clinical trial in patients with metastatic prostate cancer.
Key Details
- Grant Amount: $2,054,651.
- Funding Source: National Cancer Institute (NCI), the U.S. federal government's principal agency for cancer research and training.
- Grant Type: Non-dilutive research grant.
- Project Title: "Phase 1/2a clinical trial to investigate Bria-PROS+ in patients with metastatic prostate cancer."
- Use of Proceeds:
- Complete manufacturing of Bria-PROS+.
- Finance the coming Phase 1/2a study in patients with advanced prostate cancer.
- Product: Bria-PROS+, described as a next-generation personalized off-the-shelf immunotherapy.
- Platform: The Bria-OTS+ platform, designed to overcome the complexity, cost, and delays of traditional personalized cancer treatments.
- Key Personnel:
- Dr. William Oh, MD (Director of Precision Medicine, Yale Cancer Center; Principal Investigator on the Phase 1/2a study).
- Dr. William V. Williams (President and CEO, Briacell).
- Miguel Lopez-Lago, PhD (Chief Scientific Officer, Briacell).
Notable Quotes
- "Despite recent advances in the management of metastatic hormone-sensitive prostate cancer, most patients will progress with significant pain and suffering and limited treatment options... We are grateful to the NCI for recognizing the urgency for this unmet medical need and supporting Briacell's breakthrough immunotherapy." — Dr. William Oh, MD
- "This prestigious award will help expedite the clinical development of Bria-PROS+ and is significant validation of our next-generation novel personalized immunotherapy approach." — Dr. William V. Williams
- "The Bria-OTS+ platform was designed to overcome the complexity, cost and delays of traditional personalized cancer treatments... We believe it will constitute a significant advancement in personalized cancer care." — Miguel Lopez-Lago, PhD
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