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Immunocore Holdings plc American Depositary Shares - $IMCR STOCK NEWS

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Immunocore reported first quarter financial results with KIMMTRAK® net revenues of $70.3 million in Q1 2024. The company continues to expand global access with 7 additional launches since January 2024. Phase 1/2 brenetafusp clinical data in post-checkpoint late-line cutaneous melanoma selected for oral presentation at ASCO 2024. Financially, the company saw a 36% increase in net product revenue, with total revenue reaching $70.3 million in Q1 2024. However, research & development expenses also grew, resulting in a net loss for the quarter. Cash and cash equivalents stood at $832.8 million as of March 31, 2024.

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Immunocore announces the upcoming presentation and posters at ASCO 2024. The company will present Phase 1 expansion data for brenetafusp in late-line cutaneous melanoma patients at the American Society of Oncology Annual Meeting. Additionally, four posters will be presented, including one for the Phase 3 PRISM-MEL301 trial.
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Immunocore Holdings plc (IMCR) announced its participation in upcoming investor conferences to discuss its transformative immunomodulating medicines for cancer, infectious diseases, and autoimmune diseases. The presentations will be webcast live and accessible on the company's website.
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Immunocore presents two posters at CROI 2024 highlighting the significance of TCR biology in developing new HIV treatments. The company showcased preclinical data at the Conference on Retroviruses and Opportunistic Infections, emphasizing the potential for transformative immunomodulating medicines in cancer, infectious diseases, and autoimmune diseases.
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Immunocore Holdings plc (IMCR) to present at several investor conferences in March 2024, showcasing their transformative immunomodulating medicines for cancer, infectious diseases, and autoimmune diseases.
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Immunocore reports strong financial results for Q4 and full year 2023, with net revenues of $67.6 million in Q4 and $238.7 million in 2023 from KIMMTRAK sales. The company is expanding commercial access to KIMMTRAK globally and initiating registrational trials in melanoma. Clinical trial collaborations with Bristol Myers Squibb and upcoming data readouts for various programs show promising growth prospects. Immunocore's financials indicate increased net sales and R&D expenses, with a net loss of $55.3 million for 2023.
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Immunocore collaborates with Bristol Myers Squibb to evaluate IMC-F106C in combination with nivolumab for advanced melanoma treatment in a Phase 3 trial.
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Immunocore Holdings plc (Nasdaq: IMCR) will report full year 2023 financial results on February 28, 2024. The Company aims to improve outcomes for patients with cancer, infectious diseases, and autoimmune diseases through transformative immunomodulating medicines.
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DELFI Diagnostics, Inc. has announced the availability of the DELFI-Tumor Fraction (DELFI-TF) assay, a highly sensitive and inexpensive means of noninvasive measurement of tumor burden and assessing treatment response and resistance in patients with advanced cancer. The company has also entered a new research collaboration with Immunocore Holdings plc (Nasdaq: IMCR) to explore the use of the DELFI-TF cancer monitoring assay as an early predictor of benefit from treatment with ImmTAC-based therapies. The assay delivers a genome-wide measure of the proportion of cfDNA derived from a tumor and has numerous advantages, including low cost and minimal plasma requirement. The assay is also being evaluated by additional parties across the pharmaceutical industry for its potential application in advancing other healthcare discoveries.
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Immunocore Holdings plc (IMCR) announced the pricing of $350.0 million aggregate principal amount of 2.50% convertible senior notes due 2030 in a private offering to qualified institutional buyers. The offering was upsized from the previously announced offering of $300.0 million aggregate principal amount of convertible senior notes. The notes will mature on February 1, 2030, unless earlier converted, redeemed, or repurchased. Immunocore estimates that the net proceeds from the offering will be approximately $338.4 million (or approximately $389.3 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by Immunocore. Immunocore intends to use the net proceeds from the offering, together with its existing cash and cash equivalents, to accelerate its clinical pipeline and for ongoing commercial expansion.
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Immunocore Holdings plc American Depositary Shares

Nasdaq:IMCR

IMCR Rankings

IMCR Stock Data

3.07B
32.22M
4.45%
82.24%
9.26%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
Link
United States of America
OXFORDSHIRE

About IMCR

immunocore is a privately owned biotechnology company developing innovative biological therapeutics for the treatment of a range of serious diseases. its world-leading t cell receptor technology exploits the power of the body’s own immune system to find and kill diseased cells. immunocore has established a robust technology platform which combines monoclonal t cell receptor (mtcr) targeting technology with an effector technology, anti-cd3 scfv, that catalyses the killing of the targeted diseased cells by the host’s own non-specific cytotoxic t cells. immunocore is developing a portfolio of products from the platform, called immtacs, for the treatment of cancer, chronic infectious disease and diabetes.