Stocks were mixed Monday in a volatile session to start a short trading week due to the Thanksgiving holiday. Fears that China may again ramp up Covid restrictions after reporting deaths from the virus weighed on markets, sending energy stocks and oil prices lower. Traders also looked for further signals from the Federal Reserve about future interest rate hikes.
Some of the most active stocks on the street include Imago Biosciences Inc (NASDAQ:IMGO), ICU Medical Inc (NASDAQ:ICUI), Sotera Health Co (NASDAQ:SHC) and Meta Materials Inc (NASDAQ:MMAT). In addition, shares of Walt Disney Co (NYSE:DIS) rose more than 7% after the company announced that former CEO Bob Iger would return to the helm of the entertainment giant, replacing Bob Chapek immediately.
While the Dow rose to start short Thanksgiving week, one biotech company that we would like to draw your attention to is TC BioPharm Ltd (NASDAQ:TCBP). TC BioPharm Limited is a clinical-stage biopharmaceutical company. The Company is engaged in developing advanced allogeneic CAR-T cell therapy products for the treatment of cancer, as well as developing gamma-delta T cell therapies for the treatment of infectious disease.
Recently, TCBP received approval from the UK regulatory body MHRA to apply an 18-month extrapolated shelf life to its current allogeneic cell therapy product, OmnImmune®. This award enables TC BioPharm to ship and store sufficient product which can then be held cryopreserved at clinical sites to fulfill the requirements not only for its current Advanced Myeloid Leukemia trial ACHIEVE, but also for future clinical trials and eventually commercial treatment of patients. Additionally, TC BioPharm's in-house quality control department will continue to gather data in order to extend the shelf-life of OmnImmune® (1)
TC BioPharm Ltd (NASDAQ:TCBP)’s platform technology allows Company to design specific therapies to treat a range of cancers and infectious diseases with off-the-shelf allogeneic gamma-delta T cell (GDT) products. The Company’s pipeline includes OmnImmune, ImmuniStim and CAR-T programs. OmnImmune is an unmodified allogeneic gamma-delta T cell product, being used for the treatment of acute myeloid leukemia (AML). ImmuniStim is an unmodified allogeneic gamma-delta T cell product, being used for the treatment of COVID-19. The Company also provides in-house and partner programs at the pre-clinical stage focused on developing CAR-modified allogeneic gamma delta T-cell products targeting solid and hematological indications.
TCBP recently announced that the company has completed its scientific advisory board (SAB) to advance new therapeutic trials and establish strategic relationships within the cell therapy sector (2)
"I appreciate the esteemed members of the SAB joining myself and TCBP in our efforts in building this innovative cell therapy development company," said Bryan Kobel, Chief Executive Officer. "Cell therapy offers a myriad of opportunities in which to expand our gamma delta platform, and I believe that the breadth of expertise and knowledge represented on our SAB puts us in a unique position to connect with multiple companies across various disciplines in this space."
"Current advancements within cell therapy represent an exciting leap forward in advancing our ability to understand and treat various blood cancers," said Dr. Mark Bonyhadi, Scientific Advisory Board member at TC BioPharm. "I look forward to working with these strategic additions to our team as we advance our clinical trials and expand our strategic relationships."
What sets TCBP apart from its competitors?
TCBP claims itself to be the Leading Gamma-Delta T-Cell Company. Vertically Integrated Operations, along with building exceptional teams and capabilities allows TC BioPharm to move quickly, providing unique ability to rapidly respond to internal discovery and external factors. GDTs provide a unique product development platform, which will enable next generation solid-tumor CAR-T and infectious disease therapies. Visit https://ir.tcbiopharm.com/ to learn more about this small cap biotech company.
Watch this Video To Learn More About TCBP and its product pipeline
Video Link: https://www.youtube.com/embed/uf-r6O9XRmg
Other companies in TC BioPharm (Holdings)’s space includes: Legend Biotech (NASDAQ:LEGN), Sarepta Therapeutics (NASDAQ:SRPT), Exact Sciences (NASDAQ:EXAS), Neurocrine Biosciences (NASDAQ:NBIX) and Karuna Therapeutics (NASDAQ:KRTX).
Source 1: https://ir.tcbiopharm.com/news/press-releases/detail/36/tc-biopharm-receives-mhra-approval-for-18-month
Source 2: https://ir.tcbiopharm.com/news/press-releases/detail/39/tc-biopharm-announces-key-additions-to-scientific-advisory
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