PMCBNasdaqBiological Products, (No Diagnostic Substances)US GAAP · USD

PharmaCyte Biotech, Inc.

PharmaCyte Biotech, Inc. is a U.S.-based biotechnology company focused on developing cellular therapies for cancer using its proprietary Cell-in-a-Box® live-cell encapsulation platform. The company’s current product candidate family includes CypCaps™, with development centered on therapies for pancreatic cancer and other oncology indications.

Revenue0.0m USD
Operating profit (EBIT)-6.9m USD
−56.6 %y/y
Net income-19.4m USD
−163.4 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

-10-8-6-4-20m USD2021: 0.00 m USD2021: EBIT -3.6 m USD20212022: 0.00 m USD2022: EBIT -4.4 m USD20222023: 0.00 m USD2023: EBIT -6.5 m USD20232024: 0.00 m USD2024: EBIT -8.5 m USD20242025: 0.00 m USD2025: EBIT -4.4 m USD20252026: 0.00 m USD2026: EBIT -6.9 m USD20260.00-6.9
RevenueOperating profit (EBIT)

Business

Share of revenue
Cellular therapy platform70 %

Encapsulated live-cell technologies designed to activate cancer prodrugs near tumors.

Lead oncology product candidate20 %

CypCaps™ and related encapsulated-cell product candidates for pancreatic cancer.

Preclinical and translational development10 %

Research, assay development, and nonclinical work supporting IND-enabling studies.

Customers

PharmaCyte Biotech does not currently sell commercial products; its primary counterparties are regulators, clinical investigators, consultants, and potential future licensing partners. If its product candidates are approved, the intended end customers would be oncology patients treated through hospitals, cancer centers, and pharmaceutical commercialization partners.

Regulatory authorities

FDA and comparable agencies review INDs, clinical holds, and trial packages for the company's oncology programs.

Clinical investigators and trial sites

Hospitals, physicians, and research sites conduct preclinical and clinical studies for LAPC and related programs.

Potential licensing partners

Large pharmaceutical companies may license approved product candidates for commercialization.

Future oncology patients

Patients with pancreatic cancer and other cancers would be treated if the therapies reach market.

Strategy

The company’s strategy is to advance its Cell-in-a-Box® platform through regulatory clearance and clinical development for pancreatic cancer, especially LAPC. It also appears to be reassessing its technology and partner dependencies while preserving optionality for licensing or collaboration if a product candidate reaches approval.

Clear the FDA clinical hold on LAPCShort term

Regulatory clearance is required before the planned pancreatic cancer trial can proceed.

Advance the Cell-in-a-Box® oncology platformMedium term

The platform is the core technology underpinning the company's product candidates.

Preserve commercialization flexibilityMedium term

The company may need a licensing or partnership route to bring any approved therapy to market.

Geography

The company is headquartered in Las Vegas, Nevada and is incorporated in the United States. Its business is primarily U.S.-based, with regulatory and clinical development activities tied to U.S. healthcare and FDA oversight; any future commercialization could also involve foreign regulators such as the EMA.

Risks

PharmaCyte Biotech faces the typical risks of an early-stage biotech company: clinical failure, regulatory delays, manufacturing complexity, and dependence on external capital. Company-specific risks include the FDA clinical hold, dependence on SG Austria-related technology and know-how, and potential IP disputes or expirations that could impair the platform.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →FDA clinical hold on the LAPC program1Clinical and preclinical failure2Dilution and financing risk3Dependence on SG Austria technology and know-how4Biologics manufacturing complexity5Nasdaq listing compliance risk6
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. FDA clinical hold on the LAPC programImpact: HighLikelihood: High

    The planned pancreatic cancer trial cannot proceed until requested studies and responses are accepted.

    Exposure: Lead product candidate development

  2. Clinical and preclinical failureImpact: HighLikelihood: High

    Oncology programs may fail to show safety, efficacy, or manufacturability in trials.

    Exposure: Product candidate pipeline

  3. Dilution and financing riskImpact: HighLikelihood: High

    The company expects to need additional capital and may rely on equity, debt, or partnerships.

    Exposure: Corporate funding

  4. Dependence on SG Austria technology and know-howImpact: HighLikelihood: Medium

    The company disclosed that licensed patents have expired and know-how resides with SG Austria.

    Exposure: Core platform access

  5. Biologics manufacturing complexityImpact: MediumLikelihood: Medium

    Cell-based products require specialized facilities, quality controls, and validated processes.

    Exposure: Cell encapsulation and fill-finish steps

  6. Nasdaq listing compliance riskImpact: MediumLikelihood: Medium

    A sustained low share price could lead to delisting and reduce liquidity for investors.

    Exposure: Public market access

Accounting

Judgemental items
Fair value of financial instruments

Management must estimate fair values for instruments that may not have observable market prices.

Impact: Can affect reported gains, losses, and balance sheet values

Impairment of indefinite-lived intangible assets

The company tests intangible assets for impairment when events suggest value may have declined.

Impact: Can create non-cash charges and reduce asset carrying values

Stock-based compensation

Option grants and changes in fair value assumptions influence compensation expense.

Impact: Can materially affect operating expenses and net loss

Related-party service agreements

Some development and advisory services are provided by related parties and consultants.

Impact: Requires careful disclosure and expense classification

No revenue and development-stage expense profile

With no commercial sales, reported results depend on R&D and G&A spending patterns.

Impact: Quarterly comparability is driven by project timing rather than sales seasonality

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026