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TC BioPharm Holdings Priced, Nasdaq: TCBP

Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies.

Industry: Health Care

Latest Trade: $0.63 -0.01 (-0.8%)

First Day Return: -50.1%

Return from IPO: -100.0%

Industry: Health Care

TCB based in Scotland, is a clinical-stage biopharmaceutical company focused on developing novel immunotherapy products that are based on its proprietary allogeneic gamma delta T (abbreviated as GD-T) cell platform. Harnessing the innate ability of GD-Ts has enabled TCB to develop a range of clinical-stage cell therapies designed to combat identified cancers and viral infections. TCB is embarking on phase II-into-pivotal (phase III) clinical studies, which are expected to commence in the fourth quarter of 2021, following United Kingdom and European Union regulations, with a view to launching its first oncology product, which will be for the treatment of acute myeloid leukemia (abbreviated as AML). The Company plans to conduct similar clinical trials in the United States in 2022 for the treatment of AML following an application to the FDA in H1 2022. Clinical results generated thus far have enabled TCB to obtain FDA orphan drug status for its method of treatment of AML. In addition to unmodified allogenic GD-Ts for treatment of blood cancers, TCB is also developing an innovative range of genetically modified chimeric antigen receptor modified T cell (abbreviated as CAR-T) products for treatment of solid cancers. TCB believes that solid cancers are more difficult to treat than blood cancers and may require addition of a chimeric antigen receptor.
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IPO Data
IPO File Date 10/26/2021
Offer Price $4.25
Price Range $4.25 - $4.25
Offer Shares (mm) 4.1
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/10/2022
Offer Price $4.25
Price Range $4.25 - $4.25
Offer Shares (mm) 4.1
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Holytown, United Kingdom
Founded 2013
Employees at IPO 72
Website www.tcbiopharm.com

TC BioPharm Holdings (TCBP) Performance