Aim Immunotech Stock Price, News & Analysis

AIM ImmunoTech has received IRB approval for an expanded access clinical trial of Ampligen to treat chronic fatigue-like symptoms in COVID-19 patients, also known as Long Haulers. The updated protocol allows for 20 out of 100 participants to include those who have been diagnosed with SARS-CoV-2 but still show symptoms. AIM anticipates a rise in Chronic Fatigue Syndrome (CFS) cases post-COVID-19 and is preparing to submit the IRB-approved protocol to the FDA. This also follows a provisional patent application for Ampligen as a therapy for COVID-19-induced ME/CFS-like illnesses.

AIM ImmunoTech announced statistically significant positive results in pancreatic cancer survival from an Early Access Program at Erasmus University Medical Center. The median survival increased by approximately 200% for patients treated with Ampligen compared to historical controls. AIM aims to seek FDA Fast Track designation and orphan drug status for Ampligen as a treatment for late-stage pancreatic cancer. The company will collaborate with Amarex Clinical Research to initiate a Phase 2/3 clinical trial in the Netherlands and the U.S., seeking to extend exclusivity rights for Ampligen.

AIM ImmunoTech Inc. (NYSE American:AIM) announced the start of recruitment for a Phase 1/2a clinical trial at Roswell Park Comprehensive Cancer Center. The trial investigates the use of rintatolimod (Ampligen) combined with interferon alpha-2b for cancer patients with mild to moderate COVID-19. This study aims to leverage 20 years of cancer immunotherapy research to engage the innate immune system against SARS-CoV-2 and other RNA viruses. The trial is funded with support from the National Cancer Institute and AIM.

AIM ImmunoTech Inc. (NYSE American:AIM) will present at the H.C. Wainwright Annual Global Investment Conference from September 14-16, 2020. CEO Thomas K. Equels is set to deliver a presentation on September 14 at 5:00 p.m. ET, which will be available via live webcast. The company focuses on developing therapeutics for various cancers, immune disorders, and viral diseases, including COVID-19.

AIM ImmunoTech Inc. (NYSE American:AIM) announced that CEO Thomas K. Equels will participate in the virtual panel titled, "New Approaches to COVID-19: Hidden Breakthroughs" on September 10, 2020, at 1:00 p.m. ET. The panel features executives from prominent biopharmaceutical firms discussing their strategies to combat the COVID-19 pandemic. Moderated by journalist Christine Corrado, the event aims to inform investors about advancements in treatment. AIM is known for its research in immune disorders and viral diseases, particularly for its key products, Ampligen® and Alferon N Injection®.

AIM ImmunoTech Inc. (NYSE American:AIM) announced a promising breakthrough in combating SARS-CoV-2, demonstrating that Ampligen, a dsRNA TLR3 agonist, reduced infectious viral yields by 90% in an in vitro model. This result supports the potential of Ampligen as an intranasal prophylactic treatment for COVID-19. CEO Thomas K. Equels expressed optimism about these findings, highlighting the need for further human testing. The company aims to advance clinical trials based on these results, although it notes the requirement for substantial additional research to confirm effectiveness in human subjects.

AIM ImmunoTech (NYSE American:AIM) announced its participation in The LD 500 Investor conference, taking place virtually from September 1-4, 2020. CEO Thomas K. Equels is scheduled to present on September 1st at 1:20 p.m. Eastern Time. The presentation will be live-streamed on the event's platform. One-on-one meetings with AIM are available through video calls. The LD 500 features prominent small and micro-cap companies, along with keynotes from industry leaders. Interested parties can register via provided links or contact details.

AIM ImmunoTech (NYSE American: AIM) reported a significant increase in cash, reaching $40.3 million as of June 30, 2020, compared to $8.8 million at year-end 2019. The company's R&D expenses rose to $1.46 million from $1.10 million year-over-year. AIM is progressing with a Phase 1/2a trial of Ampligen combined with interferon alfa-2b for cancer patients with COVID-19, supported by agreements with key institutions. The company also aims to address post-COVID-19 chronic fatigue-like illnesses. AIM is pursuing approvals and launches for Ampligen in multiple markets.

AIM ImmunoTech (NYSE American:AIM) announced significant updates in its second-quarter 2020 report. The company's cash reserves increased to $40.3 million from $8.8 million at the end of 2019. Research and development expenses rose to $1.46 million, while general and administrative costs decreased to $1.72 million. AIM is engaged in various clinical trials, including a Phase 1/2a trial of Ampligen for cancer patients with COVID-19, and is collaborating with multiple institutions for further research into Ampligen's potential as a treatment and vaccine adjuvant.