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TScan Therapeutics Provides Clinical Pipeline Update and Highlights Near-Term Priorities Over 40 solid tumor patients have completed all biomarker testing in the screening protocol; ~60% of these patients qualify for at

Key Takeaway: TScan Therapeutics has provided a clinical pipeline update, highlighting significant progress in its T cell receptor-engineered therapies for solid tumors and hematologic malignancies. Over 40 patients have completed biomarker testing, with about 60% qualifying for TCR-T therapies. The dosing of the first patients in the solid tumor program is expected to begin in early May. Meanwhile, all patients treated with TSC-100 or TSC-101 in the heme malignancies program are reported to be relapse-free with more than 10 months of follow-up.
Price reaction · baseline $7.69 (2024-04-15 close) · hit after-hours · 2 other TCRX headline(s) in the window, move may be shared
day 0 close
-7.3%
day 1 · peak
-12.2%
day 3
-11.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Over 40 solid tumor patients have completed all biomarker testing.
  • ~60% of patients qualify for at least one TCR-T therapy.
  • All treated patients in the heme program remain relapse-free.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+49%
120-day peak, hindsight
Typical move
8.5%
average across 5 past catalysts
Cash runway
~11 mo
Medium dilution risk
Lead asset
TSC-204-A0201
Phase 1 · Head and Neck Cancer

Full Press Release Details

TScan Therapeutics Provides Clinical Pipeline Update and Highlights Near-Term Priorities
Over 40 solid tumor patients have completed all biomarker testing in the screening protocol; ~60% of these patients qualify for at least one TCR-T in the ImmunoBank and ~30% are eligible for multiplex therapy
Patients identified across all
six TCR-T cohorts in solid tumor program with dosing of first three expected in early May
All eight patients in the heme program treated with TSC-100 or
TSC-101 remain relapse-free with no detectable cancer to date; median follow-up of >10 months
WALTHAM, Mass., April 16, 2024 TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biopharmaceutical company focused on
the development of T cell receptor (TCR)-engineered T cell therapies (TCR-T) for the treatment of patients with cancer, today provided an update on its solid tumor and heme malignancies clinical programs.
We continue to make meaningful progress across both our solid tumor and heme malignancies Phase 1 clinical programs. As we rapidly approach dosing the
first patients in the solid tumor program, I am pleased to share that over 40 patients have completed all biomarker testing in the screening protocol, with the majority qualifying for at least one TCR-T in our
ImmunoBank and many qualifying for multiplex therapy. This should allow for rapid enrollment into the treatment protocol over the course of the year, said Gavin MacBeath, Ph.D., Chief Executive Officer. With respect to the heme program,
we are encouraged to see continued positive data with all treatment-arm patients remaining relapse-free with no detectable cancer to date, now with a median follow-up of
Solid Tumor Program: TScan continues to expand the ImmunoBank, a collection of therapeutic
TCR-Ts that target different cancer-associated antigens presented on diverse HLA types. TScan s strategy is to treat patients with multiple TCR-Ts to overcome tumor
heterogeneity and prevent resistance that may arise from either target or HLA loss (screening protocol: NCT05812027; treatment protocol: NCT05973487).
Heme Malignancies Program: TScan s two lead TCR-T cell therapy candidates,
TSC-100 and TSC-101, are designed to treat residual disease and prevent relapse in patients with acute myeloid leukemia (AML), acute lymphocytic leukemia (ALL), or
myelodysplastic syndromes (MDS) undergoing allogeneic hematopoietic cell transplantation (HCT) (NCT05473910).
About TScan Therapeutics, Inc.
TScan is a clinical-stage biopharmaceutical company focused on the development of T cell receptor (TCR)-engineered T cell therapies (TCR-T) for the treatment of patients with cancer. The Company s lead TCR-T candidates, TSC-100 and
TSC-101, are in development for the treatment of patients with hematologic malignancies to prevent relapse following allogeneic hematopoietic cell transplantation. The Company is also developing multiplex TCR-T candidates for the treatment of various solid tumors. The Company has developed and continues to expand its ImmunoBank, the Company s repository of therapeutic TCRs that recognize diverse targets and are
associated with multiple HLA types, to provide customized multiplex TCR-T candidates for patients with a variety of cancers.
Forward-Looking Statements
This release contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, express or implied statements regarding the Company s plans, progress, and timing relating to the
Company s hematologic malignancies and solid tumor programs; the potential benefits of any of the Company s proprietary platforms, multiplexing, or current or future product candidates in treating patients; and the Company s goals,
strategy, and focus. TScan intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation
Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, may, might, will, objective, intend, should,
could, can, would, expect, believe, anticipate, project, target, design, estimate, predict, potential,
plan, on track, or similar expressions or the negative of those terms. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. The
express or implied forward-looking statements included in this release are only predictions and are subject to a number of risks, uncertainties and assumptions, including, without limitation: the beneficial characteristics, safety, efficacy,
therapeutic effects and potential advantages of TScan s TCR-T therapy candidates; the progress of the solid tumor and heme malignancies Phase 1 clinical programs being indicative or predictive of the
success of each program; TScan s expectations regarding its preclinical studies being predictive of clinical trial results; the completion of biomarker testing of over 40 patients being indicative or predictive of enrollment of the patients
over the course of the year; TScan s recently approved INDs being indicative or predictive of bringing TScan closer to its goal of providing customized TCR-T therapies to treat patients with cancer; the
timing of the launch, initiation, progress, expected results and announcements of TScan s preclinical studies, clinical trials and its research and development programs; TScan s timeline regarding its filing of INDs for its TCRs throughout
the year; TScan s timeline of the solid tumor program and the heme malignancies program; TScan s ability to enroll patients for its clinical trials within its expected timeline; TScan s plans relating to developing and commercializing
its TCR-T therapy candidates, if approved, including sales strategy; estimates of the size of the addressable market for TScan s TCR-T therapy candidates;
TScan s manufacturing capabilities and the scalable nature of its manufacturing process; TScan s estimates regarding expenses, future milestone payments and revenue, capital requirements and needs for additional financing; TScan s
expectations regarding competition; TScan s
anticipated growth strategies; TScan s ability to attract or retain key personnel; TScan s ability to establish and maintain development partnerships and collaborations; TScan s
expectations regarding federal, state and foreign regulatory requirements; TScan s ability to obtain and maintain intellectual property protection for its proprietary platform technology and our product candidates; the sufficiency of
TScan s existing capital resources to fund its future operating expenses and capital expenditure requirements; and other factors that are described in the Risk Factors and Management s Discussion and Analysis of Financial
Condition and Results of Operations sections of TScan s most recent Annual Report on Form 10-K and any other filings that TScan has made or may make with the SEC in the future. Any forward-looking
statements contained in this release represent TScan s views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, TScan explicitly disclaims any obligation to
update any forward-looking statements.
TScan Therapeutics, Inc.

Frequently Asked Questions

What percentage of solid tumor patients qualify for TCR-T therapies?

Approximately 60% of patients qualify for at least one TCR-T therapy.

How many patients are relapse-free in the heme malignancies program?

All eight patients treated with TSC-100 or TSC-101 remain relapse-free.

What is the primary focus of TScan Therapeutics?

TScan is focused on developing T cell receptor-engineered therapies for cancer.

When is dosing expected to start in the solid tumor program?

Dosing of the first three patients is expected in early May.

What are TSC-100 and TSC-101 used to treat?

They are designed to treat residual disease in hematologic malignancies.

Last updated: Apr 16, 2024