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InflaRx (IFRX) Stock News, Nov 2023-May 2024

IFRX Nasdaq

InflaRx N.V. develops anti-inflammatory therapeutics that target the complement system through proprietary anti-C5a and anti-C5aR technologies. Its lead program, izicopan, is an orally administered small-molecule inhibitor of C5a-induced signaling via the C5a receptor, and vilobelimab is an intravenously delivered anti-C5a monoclonal antibody that selectively binds free C5a.

Company news commonly covers izicopan clinical-development strategy, preclinical pharmacology data, complement-mediated inflammatory disease programs, financial results, ordinary-share financings, Nasdaq listing compliance, annual meeting matters and investor communications. Updates also address the company’s operating group, which includes wholly owned subsidiaries in Germany and the United States.

Rhea-AI Summary

InflaRx N.V. reported financial results for Q1 2024 and provided updates on INF904 and Phase III vilobelimab trials. They highlighted plans to initiate Phase IIa in CSU and HS by 2024 end, with data availability in 2025. The vilobelimab trial for PG is ongoing, with an interim analysis in 2025. Cash reserves of €85.8 million expected to fund operations into 2026.

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Rhea-AI Summary

InflaRx N.V. (Nasdaq: IFRX) will report its first quarter 2024 financial and operating results on May 8, 2024. They will host a virtual R&D event on June 5, 2024, focusing on the development of their new oral small molecule C5aR inhibitor, INF904, and its potential in treating chronic spontaneous urticaria and hidradenitis suppurativa. Key opinion leaders will provide insights into the commercial opportunity and therapeutic potential of INF904.

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FAQ

What is the current stock price of InflaRx (IFRX)?

InflaRx (IFRX) last closed at $1.32.

What is the market cap of InflaRx (IFRX)?

The market cap of InflaRx (IFRX) is approximately $194.5M.