bctx

BriaCell Therapeutics Appoints Marc Lustig to its Board of Directors

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX-V: BCT) ("BriaCell" or the "Company") a clinical-stage biotechnology company specializing in targeted immunotherapies for advanced breast cancer, announces the appointment of Mr. Marc Lustig to the Company's Board of Directors, effective September 1, 2021. Marc, through his investment company L5 Capital Inc., owns 1,530,000 common shares of BriaCell, representing 10.0% of BriaCell's issued and outstanding common shares.

"It is our pleasure to welcome Marc to our Board of Directors at this transformative phase for BriaCell," remarked Jamieson Bondarenko, BriaCell's Chairman of the Board. "Marc's exemplary expertise in both corporate finance and the pharmaceutical industry will be invaluable to our capital markets and corporate partnership strategies as we advance our novel cancer therapeutics."

"BriaCell's novel technology has the potential to change the way we treat cancer," said Marc Lustig. "As the largest shareholder and now a director, I have been thoroughly impressed by the BriaCell team's passion and commitment to bring new treatment options to cancer patients who do not respond to current therapies. I look forward to working with the team on their strategic capital and partnering activities to drive significant value for shareholders."

Mr. Lustig is a highly regarded investor, entrepreneur, and corporate finance veteran with a deep understanding of the life sciences industry, including biotechnology and pharmaceuticals, as well as the legal cannabis industry. Marc holds MSc and MBA degrees from McGill University and his professional experience includes working at Merck & Co., and his capital markets career includes roles in biotech equity research, corporate finance and as Head of Capital Markets. Mr. Lustig was the founder and CEO of Origin House which was sold to Cresco Labs Inc. (CSE: CL; OTCQX: CRLBF) in 2020 where he currently serves as a director. In addition to being a director of a number of public companies, Marc founded the Lustig Family Medical Cannabis Research & Care Fund of the Cedars Cancer Foundation that provides cannabis to palliative cancer patients.

Additionally, the Company announces that its Board of Directors has approved a grant of options for 100,000 common shares (the "Options") to Mr. Lustig in his role as a director of the Company, pursuant to the Company's stock option plan. The Options have an exercise price of C$7.24 per share, a term of five years, and vest immediately. Mr. Lustig intends to donate any proceeds from the exercise of such Options to the Cedars Cancer Foundation. The grant of the Options is subject to the approval of the TSX Venture Exchange.

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. 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 "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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Company Contact:
William V. Williams, MD
President & CEO
1-888-485-6340
info@briacell.com

Media Relations:
Jules Abraham
Director of Public Relations
CORE IR
917-885-7378
julesa@coreir.com

Investor Relations Contact:
CORE IR
investors@briacell.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Cizzle Brands Corporation and Van Houtte Coffee Services Announce Entry into an Agreement for Distribution of Cizzle Brands' Products Across Canada

Cizzle Brands Corporation and Van Houtte Coffee Services Announce Entry into an Agreement for Distribution of Cizzle Brands' Products Across Canada

Cizzle Brands Corporation (Cboe Canada: CZZL) (the " Company " or " Cizzle Brands ") and Van Houtte Coffee Services (" VHCS "), a subsidiary of Keurig Canada Inc., doing business as Keurig Dr Pepper Canada, are pleased to announce that they have entered into a distribution agreement (the " Agreement ") pursuant to which VHCS will distribute Cizzle Brands' product lineup across Canada. As part of its agreement, VHCS will also be taking over distributorship for many of the Cizzle Brands' existing accounts in various categories including sporting goods retailers and stadiums.

"This partnership enables us to provide additional high-quality offerings that align with the growing needs of organizations across the country. We look forward to working together to continue expanding our product range and supporting Cizzle Brands' growth," said Jon Theisen, General Manager of Van Houtte Coffee Services.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Cizzle Brands Unveils its Team of Ambassadors to Accelerate North American Commercialization Initiatives

Cizzle Brands Unveils its Team of Ambassadors to Accelerate North American Commercialization Initiatives

Through a curated team of the world's most experienced and qualified dieticians, performance coaches, scientists, and medical professionals who are subject matter experts in their respective fields, Cizzle Brands is building a house of brands in the sports nutrition industry that serves the world's most elite athletes and leverages that knowledge to make products for everyday people looking to live healthy, active lifestyles. Cizzle Brands' ambassadors will not only assist in product development and formulation but they will also help to expand knowledge and adoption of Cizzle Brands' products around the world.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Test tubes.

Biotech Market Forecast: Top Trends for Biotech in 2025

Heading into 2025, the biotech landscape is brimming with both opportunities and challenges.

The industry is being shaped by a confluence of factors, all of which are driving exciting innovations in healthcare.

Drawing on insights from the JPMorgan Healthcare Conference (JPMHC), held in San Francisco from January 13 to 16, the Investing News Network examines the key trends taking shape in biotech this year.

Keep reading...Show less
Don Saladino, Personal Trainer to Hollywood's A-List, Joins Cizzle Brands as an Advisor

Don Saladino, Personal Trainer to Hollywood's A-List, Joins Cizzle Brands as an Advisor

Hollywood actors, professional athletes, and award-winning musicians alike have all relied on Don Saladino, coach and trainer of over 20 years, to reach their full potential in physical fitness. As an advisor to Cizzle Brands, Mr. Saladino will provide his insights, expertise, and access to his vast professional network for the commercialization and promotion of Cizzle Brands' product lines at a global scale.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

FDA APPROVES LUMAKRAS® IN COMBINATION WITH VECTIBIX® FOR CHEMOREFRACTORY KRAS G12C-MUTATED METASTATIC COLORECTAL CANCER

Pivotal Study Demonstrated the Combination More Than Doubled Progression-Free Survival Compared to Investigated SOC

Amgen (NASDAQ:AMGN) today announced that the U.S. Food and Drug Administration (FDA) has approved LUMAKRAS ® (sotorasib) in combination with Vectibix ® (panitumumab) for the treatment of adult patients with KRAS G12C-mutated metastatic colorectal cancer (mCRC), as determined by an FDA-approved test, who have received prior fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy. Approval is based on the pivotal Phase 3 CodeBreaK 300 study, which demonstrated that LUMAKRAS plus Vectibix is the first and only targeted treatment combination for chemorefractory KRAS G12C-mutated mCRC to show superior progression-free survival (PFS) compared to the investigated standard-of-care (SOC). 1*

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×