Administrators appointed for sale of TC BioPharm

8 October 2025

Professional services firm Alvarez & Marsal (A&M) has been appointed administrator to TC BioPharm, a Scotland based clinical-stage biotech pioneering gamma-delta T-Cell therapies for blood cancers, and has launched a sale process for the business and its assets.

The company operates from an advanced R&D facility in Motherwell, Scotland. It has a small team of highly skilled employees, including world-class scientists, supported by a dedicated and experienced leadership team with deep sector experience and strong relationships in the US and Europe.

TC BioPharm was the first globally to run Phase II studies in acute myeloid leukemia using this approach. Its specialist R&D team remains in place while administrators seek a buyer.

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