Immix Biopharma Inc Stock Price, News & Analysis

Immix Biopharma, Inc. (Nasdaq: IMMX) announced its Milestone Day Event on April 5, 2022, showcasing its drug development progress and the company’s financial position after raising $24.2 million in its IPO. Management outlined plans to begin two clinical trials in 2022, specifically for its lead asset, IMX-110, which targets oncology and immuno-dysregulated diseases. The event highlighted the company’s unique Tissue-Specific Therapeutics (TSTx) approach and its orphan drug designation for soft tissue sarcoma. For more information, visit immixbio.com.

Immix Biopharma, Inc. (Nasdaq: IMMX) announced plans for the IMMX Milestone Day Event on April 5, 2022, where management will discuss the company’s financial position, milestones, and market opportunities amid current volatility. The company raised $24.2 million from its December 2021 IPO and aims to initiate two clinical trials in 2022. CEO Ilya Rachman expressed confidence in achieving planned milestones with the capital raised, emphasizing the company's strategy to leverage market conditions for growth.

Immix Biopharma (Nasdaq: IMMX) has initiated Good Manufacturing Practice (GMP) manufacturing for IMX-120, a biologic targeting inflammatory bowel disease (IBD). The company plans to file an Investigational New Drug (IND) application for IMX-120 in 2023, marking an important milestone for future clinical trials. The IBD market is projected to grow from $18.4 billion in 2019 to $21.4 billion by 2024, underscoring the potential market opportunity for IMX-120. This development highlights ImmixBio's commitment to advancing treatment options in the biopharmaceutical sector.

Immix Biopharma has hosted an Investors Day event on February 1, 2022, where management responded to top-voted questions from verified shareholders. The session highlighted the company’s commitment to transparency and ongoing communication with investors. ImmixBio is focused on its lead asset, IMX-110, currently in Phase 1b/2a clinical trials for soft tissue sarcoma and rhabdomyosarcoma, supported by orphan drug and rare pediatric designations by the FDA.

Immix Biopharma, Inc. (Nasdaq: IMMX) announced the initiation of Good Manufacturing Practice (GMP) scale-up for IMX-110, marking a significant step toward accelerating two clinical trials planned for 2022. The first trial focuses on IMX-110 monotherapy for soft tissue sarcoma, while the second tests the combination of IMX-110 with BeiGene's anti-PD-1 tislelizumab for advanced solid tumors. IMX-110 has received orphan drug and rare pediatric disease designations from the FDA, enabling fast-track review for its marketing approval.

Immix Biopharma, Inc. (Nasdaq: IMMX) reports promising data on IMX-110 in combination with anti-PD-1, achieving a 63-day median survival in a KPC pancreatic cancer mouse model, compared to the historical median of 42 days from a standard 4-drug regimen. This significant result underlines the potential of IMX-110, which is set to enter a Phase 1b/2a clinical trial with BeiGene's tislelizumab in advanced solid tumors in 2022. The FDA has granted orphan drug and rare pediatric disease designations for IMX-110, positioning it well for future clinical advancements.

Immix Biopharma (Nasdaq: IMMX) announced positive interim results from its Phase 1b/2a clinical trial of IMX-110 for soft tissue sarcoma (STS), reporting 100% of patients completed planned treatment cycles without drug-related interruptions. This contrasts with the historical completion rates of 43-67% for existing STS treatments. IMX-110 holds orphan drug and rare pediatric disease designations from the FDA, which may facilitate faster regulatory review. The STS market is projected to grow from $3 billion to $6.5 billion by 2030.

Immix Biopharma reported promising results for its lead candidate IMX-110, demonstrating a 50% response rate in a study involving first-line-therapy-resistant soft tissue sarcoma (STS) mice, outperforming the standard treatment doxorubicin’s 0% response rate. This candidate is positioned in a lucrative market projected to grow from $2.9 billion in 2019 to $6.5 billion by 2030. Additionally, IMX-110 has received orphan drug and rare pediatric disease designations from the FDA, which could expedite its development and approval process.

Immix Biopharma, Inc. (Nasdaq: IMMX) announced the IMMX Investors Day Event on February 1, 2022. An online Q&A platform is open for shareholders to submit questions until January 20. The live event will be webcasted on the Investor Relations website, and a replay will be provided afterward. ImmixBio specializes in Tissue Specific Therapeutics (TSTx) for oncology and immuno-dysregulated diseases, with a proprietary platform that enhances drug delivery. Investors are encouraged to participate and engage with management during this event.