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Stock impact report

TCBP Increasing Treatment Capacity with Expanded Manufacturing Process [Yahoo! Finance]

TC BioPharm (Holdings) plc - American Depositary Shares (TCBP) 
Company Research Source: Yahoo! Finance
EDINBURGH, Scotland April 2, 2024 /PRNewswire/ -- TC BioPharm (Holdings) PLC ("TC BioPharm" or the "Company") (NASDAQ: TCBP) a clinical stage biotechnology company developing platform allogeneic gamma-delta T cell therapies for cancer and other indications, today announced that it is developing a streamlined and scaled-up manufacturing process which will increase its treatments capacity from 52 patient treatments per year to more than 1,000. This undertaking, which will utilize its current infrastructure, will provide a cost reduction of 85% per patient treatment. The Company expects to implement the improved manufacture process into its current facility in the next 24 months. "These new initiatives will allow us to increase capacity while simultaneously reducing the cost of our per patient treatment once optimized," said Dr. Lauren Bor , Ph.D., Process Development and Commercialization, Senior Manager. "This enterprise is necessary to address the challenging operating landscape Show less Read more
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