Welcome to our dedicated page for Igm Biosciences news (Ticker: IGMS), a resource for investors and traders seeking the latest updates and insights on Igm Biosciences stock.
IGM Biosciences, Inc. (IGMS) is a clinical-stage biotechnology company pioneering IgM antibody therapeutics for cancer, autoimmune disorders, and inflammatory diseases. This page serves as the definitive source for official news, press releases, and financial updates directly from the company and verified partners.
Investors and stakeholders will find timely updates on clinical trial milestones, regulatory developments, and strategic collaborations with global pharmaceutical leaders. The curated content includes earnings reports, research breakthroughs, and pipeline advancements related to the company’s proprietary IgM platform, which enables multispecific antibody engineering.
Bookmark this page to track IGM Biosciences’ progress in developing novel therapies that leverage the unique binding capabilities of IgM antibodies. Visit regularly for unfiltered access to critical updates that may impact long-term investment strategies and sector analysis.
On March 30, 2023, IGM Biosciences (Nasdaq: IGMS) reported encouraging developments, including the first patient dosed in the IGM-8444 clinical trial for metastatic colorectal cancer. The company aims to advance imvotamab for autoimmune diseases and has initiated a Phase 1 trial for IGM-7354, targeting solid tumors. Financially, IGM reported a net loss of $221.1 million for 2022, with a projected operating expense of $290-$300 million for 2023. Collaboration revenue is expected to reach approximately $3 million. As of December 31, 2022, cash and investments stood at $427.2 million, projected to decrease to $200 million by year-end 2023.
IGM Biosciences (Nasdaq: IGMS) announced its fourth quarter and full year 2022 financial results will be reported on March 30, 2023. A live conference call and webcast will follow at 4:30 p.m. ET, where management will discuss financial outcomes and provide corporate updates. The company is focused on developing engineered IgM antibodies to address cancer, infectious diseases, and autoimmune conditions. IGM has a collaboration with Sanofi for IgM antibody development, enhancing its pipeline's potential. Investors can access the webcast via their website's 'Events and Presentations' section.
Medivir AB (Nasdaq Stockholm: MVIR) announced that it will present data on its leading program, fostroxacitabine bralpamide (fostrox), at the American Association for Cancer Research (AACR) Annual Meeting from April 14-19, 2023, in Orlando, USA. The presentation, led by CSO Fredrik Öberg, will cover the anti-tumor effects of fostrox combined with an anti-PD1 antibody and a kinase inhibitor. The study suggests that this combination may enhance tumor antigen presentation and immune response, addressing the significant unmet medical need in treating hepatocellular carcinoma (HCC), which accounts for high cancer mortality rates.
Medivir AB (Nasdaq Stockholm: MVIR) announced the initiation of treatment for the first patient with hepatocellular carcinoma (HCC) in the phase 2a trial of fostroxacitabine bralpamide (fostrox) in combination with Lenvima®.
This trial is part of an ongoing multicenter study aimed at patients with HCC who have not responded to or cannot tolerate existing therapies. Preliminary results from the phase 1b study indicate that fostrox has a favorable safety profile. The recommended dose for the combination with Lenvima® has been established at 30 mg, and the study aims to recruit up to 30 patients across clinics in Great Britain, Spain, and South Korea.
Medivir AB (Nasdaq Stockholm: MVIR) will participate in the Stockholm Corporate Finance Life Science Day on March 9, 2023. CEO Jens Lindberg is set to present the company's ongoing clinical study with fostroxacitabine bralpamide (fostrox) at 08:30 CET. The presentation will be accessible on Medivir's website post-event. Medivir focuses on developing innovative cancer treatments addressing significant unmet medical needs, particularly targeting liver cancer cells to minimize side effects. The company collaborates with partners, including IGM Biosciences (Nasdaq: IGMS), for further drug development.
On February 23, 2023, Medivir AB, a pharmaceutical firm focused on cancer treatments, announced its participation in the Erik Penser Bank Healthcare Day. CEO Jens Lindberg will discuss the ongoing clinical study of fostroxacitabine bralpamide (fostrox). The presentation will be accessible on Medivir's website post-event. Medivir aims to address high unmet medical needs in cancer treatment, particularly with fostrox, which targets liver cancer cells while minimizing side effects. Additionally, Medivir collaborates with IGM Biosciences (IGMS) for the development of Birinapant in solid tumor treatments. For more details, visit www.medivir.com.
Medivir AB (MVIR), a pharmaceutical company focused on innovative cancer treatments, announced that Pia Baumann has joined as Chief Medical Officer. She brings extensive oncology experience, previously holding senior roles at AstraZeneca, Takeda, and Incyte. Baumann's expertise will be pivotal as Medivir advances its drug candidate, fostroxacitabine bralpamide (fostrox), into the expansion phase (phase 2a) in combination with Lenvima®. Medivir aims to address high unmet medical needs in cancer therapy, particularly targeting liver cancer cells with minimal side effects.
Medivir AB (Nasdaq Stockholm: MVIR) has successfully completed the initial dose escalation part (phase 1b) of its study on fostroxacitabine bralpamide (fostrox) for hepatocellular carcinoma (HCC) in combination with Lenvima®. Preliminary results indicate a positive safety and tolerability profile, with no dose-limiting toxicity reported. The recommended dose for the phase 2a study has been set at 30 mg. The trial aims to evaluate the efficacy of fostrox in patients unresponsive to first-line treatments. Further recruitment for the phase 2a part will involve up to 30 patients across 14 clinics in the UK, Spain, and South Korea.
MOUNTAIN VIEW, Calif., Feb. 2, 2023 – IGM Biosciences (Nasdaq: IGMS) announced that CEO Fred Schwarzer will participate in a fireside chat at the Guggenheim 2023 Oncology Conference on February 9, 2023, at 1:35 p.m. EST in New York. A live webcast will be available on the Company’s website, and a replay will be archived for 30 days post-event.
IGM Biosciences specializes in engineered IgM antibodies for treating cancer and other diseases. The Company collaborates with Sanofi to develop IgM antibody agonists targeting oncology and immunology. For more details, visit www.igmbio.com.
IGM Biosciences announces the initiation of a Phase 1 clinical trial for IGM-7354, an IL-15/IL-15R IgM antibody targeting solid and hematologic malignancies. The trial aims to assess the safety, pharmacokinetics, and immune cell proliferation in patients with relapsed or refractory solid tumors. If successful, the company may advance to combination studies with T cell engaging antibodies and CAR-T cells as early as 2024. The development represents a significant milestone, focusing on enhancing immune activity in the tumor microenvironment while minimizing systemic toxicity. Collaboration with Sanofi is expected to drive further advancements.