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IMUNON Reports Positive Phase 2 MRD Clinical Data for IMNN-001, Demonstrating the Successful Overcoming of Historical IL-12 Safety Barriers in Frontline Ovarian Cancer

(Positive)

IMUNON (Nasdaq: IMNN) reported preliminary Phase 2 minimal residual disease (MRD) data for its IL‑12 DNA immunotherapy IMNN-001 in newly diagnosed advanced ovarian cancer, given with neoadjuvant/adjuvant chemotherapy plus bevacizumab. At second-look laparoscopy, 9 patients per arm had been evaluated.

According to IMUNON, IMNN-001 showed a lower MRD-positive rate vs. control (44% vs. 67%), higher circulating tumor DNA clearance (87.5% vs. 62.5%), and a numerically higher rate of no evidence of disease (100% vs. 56%) following frontline therapy. No cytokine release syndrome, systemic toxicities, or serious immune-related adverse events have been observed to date.

The MRD findings complement prior Phase 2 OVATION 2 data, where IMNN-001 plus chemotherapy was associated with median overall survival of 45.1 vs. 30.4 months, and 65.6 vs. 41.4 months in patients also receiving PARP maintenance. IMNN-001 is now in the pivotal Phase 3 OVATION 3 trial in frontline ovarian cancer.

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Positive

  • MRD-positive rate 44% vs. 67% at SLL with IMNN-001 (preliminary, n=9/arm)
  • ctDNA clearance 87.5% vs. 62.5% in IMNN-001 vs. control arm
  • No evidence of disease 100% vs. 56% after frontline therapy (preliminary, n=9/arm)
  • Overall survival (OVATION 2) 45.1 vs. 30.4 months with IMNN-001 plus chemotherapy
  • OS with PARP maintenance 65.6 vs. 41.4 months when IMNN-001 added
  • Safety no cytokine release syndrome, systemic toxicities, or serious immune-related immune events reported to date

Negative

  • Interim MRD results based on only 9 patients per arm at second-look laparoscopy
  • Pivotal Phase 3 OVATION 3 trial is ongoing with no Phase 3 efficacy or survival data yet disclosed

News Explained

The update adds mechanistic evidence, while IMNN-001 remains in ongoing clinical testing rather than a completed efficacy stage.

The Phase 2 MRD study has not reached its total target accrual: nine patients in each arm reached second-look laparoscopy (SLL) against a target of 30, keeping this readout preliminary while Phase 3 OVATION 3 continues. The immediate change for IMUNON is additional clinical evidence within an ongoing development program, not a completed Phase 2 result.

SLL is the study's primary assessment point for surgical minimal residual disease; its primary endpoint is the MRD-positive rate at SLL, with progression-free survival as the secondary endpoint.

The release describes IMNN-001 as an intraperitoneal DNA plasmid delivered in nanoparticles to enable persistent, local IL-12 production, with the proposed mechanism involving immune activation in tumor tissue and peritoneal fluid.

Market reaction: IMNN -5.65% on Phase 2 MRD clinical data

-5.65% 79.1x vol
13 alerts
-5.65% News Effect
+14.5% Peak Tracked
-19.0% Trough Tracked
-$445K Valuation Impact
$7.44M Market Cap
79.1x Rel. Volume

On the day this news was published, IMNN declined 5.65%, reflecting a notable negative market reaction. Argus tracked a peak move of +14.5% during that session. Argus tracked a trough of -19.0% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $445K from the company's valuation, bringing the market cap to $7.44M at that time. Trading volume was exceptionally heavy at 79.1x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.7% in the session following this news. Tag-matched clinical-trial events averaged...
Analysis

The stock moved -5.7% in the session following this news. Tag-matched clinical-trial events averaged -2.68% over their reported reactions. A strong negative response would place these favorable MRD results alongside a history of divergent trading, with recent insider activity recorded as Net Selling.

Key Figures

Patients per arm assessed: 9 patients per arm Target accrual: 30 patients MRD-positive rate: 44% vs. 67% +4 more
7 metrics
Patients per arm assessed 9 patients per arm Phase 2 MRD study reaching second-look laparoscopy
Target accrual 30 patients 15 patients in each arm of the Phase 2 MRD study
MRD-positive rate 44% vs. 67% IMNN-001 versus control
ctDNA clearance 87.5% vs. 62.5% IMNN-001 versus control
No evidence of disease 100% vs. 56% Following frontline therapy, IMNN-001 versus control
Median overall survival increase 14.7 months (45.1 vs. 30.4 months) Phase 2 OVATION 2 versus chemotherapy alone
Median overall survival increase with PARP maintenance 24.2 months (65.6 vs. 41.4 months) Phase 2 OVATION 2 among patients receiving PARP inhibitor maintenance

Previous Clinical trial Reports

5 past events · Latest: Jun 23 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 23 Phase 3 continuation Positive -1.1% Data Monitoring Committee recommended OVATION 3 continuation without modification
Mar 25 Phase 2 survival data Positive -5.4% Updated OVATION 2 results showed extended overall survival with IMNN-001
Feb 05 Trial prioritization update Negative -1.6% Strategic reorganization reduced nonessential headcount and prioritized OVATION 3
Nov 10 Clinical progress presentation Positive -6.3% R&D Day presented clinical progress and Phase 3 development updates
Nov 07 R&D Day announcement Positive +1.0% Company announced investigator presentations covering MRD results and Phase 3 design

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Tag-matched clinical-trial news produced three divergent negative reactions and two aligned reactions, with an average move of -2.68%.

Key Terms

minimal residual disease, ctdna, second-look laparoscopy, progression-free survival, +2 more
6 terms
minimal residual disease medical
"ongoing Phase 2 minimal residual disease (MRD) translational clinical trial"
Minimal residual disease (MRD) is the tiny number of cancer cells that remain in the body after treatment, often too few to show up on standard scans but detectable with very sensitive tests. For investors, MRD is important because it predicts the risk of relapse and can determine whether a therapy is seen as effective, influences regulatory and reimbursement decisions, and affects the size and timing of a drug’s market opportunity—like spotting the last weeds that can make a garden regrow if not removed.
ctdna medical
"a higher rate of circulating tumor DNA (ctDNA) clearance"
Circulating tumor DNA (ctDNA) is tiny fragments of genetic material shed by cancer cells into the bloodstream, like breadcrumbs that can reveal a tumor’s presence and genetic makeup without needing a biopsy. For investors, ctDNA matters because tests and technologies that detect and analyze these fragments can speed diagnosis, track treatment response, and signal relapse, creating commercial opportunities in diagnostics, personalized therapies, and monitoring services.
second-look laparoscopy medical
"have reached second-look laparoscopy (SLL), the study's primary assessment point"
A second-look laparoscopy is a follow-up minimally invasive surgical procedure in which a surgeon uses a small camera and instruments inserted through tiny abdominal incisions to re‑examine the internal organs after an initial surgery or treatment. It matters to investors because it provides direct evidence about disease status, treatment response, or post‑operative complications—information that can affect clinical trial outcomes, regulatory decisions, product demand, and company valuation.
progression-free survival medical
"the secondary endpoint is progression-free survival (PFS)"
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.
homologous recombination deficiency medical
"maintenance therapy assigned according to homologous recombination deficiency (HRD) status"
A condition in which a cell’s ability to fix certain types of DNA damage is impaired, like a zipper that can’t close properly after being pulled apart. Investors care because tumors with this flaw are often more sensitive to specific drugs and diagnostic tests, making related treatments, companion diagnostics, and clinical trial results potentially decisive for a company’s drug value and future revenue.
cytokine release syndrome medical
"with no cytokine release syndrome, systemic toxicities, or serious immune-related"
An intense immune overreaction in which the body's defense system releases a large surge of signaling proteins, causing fever, low blood pressure, breathing trouble or organ stress; imagine the immune system's alarm going into overdrive and flooding the body with emergency responders. Investors care because this side effect can slow or block regulatory approval, increase clinical trial costs and liabilities, limit how widely a therapy can be used, and therefore affect a drug's market value and sales potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Preliminary data reinforces IMNN-001 immunotherapy’s potential for success in the rapidly recruiting Phase 3 OVATION 3 clinical trial

  • Lower rate of minimal residual disease (MRD)
  • Higher ctDNA clearance with IMNN-001 vs. control
  • Highly favorable safety and tolerability profile

Study, conducted in partnership with Break Through Cancer, provides new translational data and further support for IMNN-001's unique mechanism of remodeling the tumor immune microenvironment

LAWRENCEVILLE, N.J., July 21, 2026 (GLOBE NEWSWIRE) -- IMUNON, Inc. (Nasdaq: IMNN), a clinical-stage company in Phase 3 development with its DNA-mediated immunotherapy, today announced new positive preliminary data from its ongoing Phase 2 minimal residual disease (MRD) translational clinical trial of IMNN-001, conducted in combination with standard of care neoadjuvant and adjuvant chemotherapy (N/ACT) plus bevacizumab, in women with newly diagnosed advanced ovarian cancer.

This cutting-edge translational study is being conducted through the Break Through Cancer Targeting Minimal Residual Disease in Ovarian Cancer TeamLab, a multi-institutional collaboration accelerating research in ovarian cancer. The multi-site study is led by investigators at The University of Texas (UT) MD Anderson Cancer Center, which serves as the lead clinical site. Its objectives include understanding how chemo-immunotherapy with IMNN-001 impacts ovarian cancer’s “cold” tumor microenvironment and MRD after frontline treatment.

Nine patients in each of the control and experimental arms (total target accrual of 30 patients, 15 in each arm) have reached second-look laparoscopy (SLL), the study's primary assessment point for surgical MRD. Compared to control, preliminary results show a deeper antitumor response, as demonstrated by a lower MRD-positive rate, in patients treated with IMNN-001 (44% vs. 67%), a higher rate of circulating tumor DNA (ctDNA) clearance (87.5% vs. 62.5%), and a numerically higher rate of patients achieving no evidence of disease (NED) following frontline therapy (100% vs. 56%).

“We are encouraged by these new data points from our MRD study, which continue to build the case for IMNN-001's potential to make a meaningful difference for women with newly diagnosed advanced ovarian cancer,” said Stacy Lindborg, Ph.D., President and Chief Executive Officer of IMUNON. “These findings, together with the consistent safety profile we've now observed across multiple studies, reinforce that we have overcome the historical safety and efficacy barriers associated with the development of a novel IL-12 immunotherapy and further bolster our confidence in IMNN-001 as we continue to advance our pivotal Phase 3 OVATION 3 trial.”

“These new findings from the MRD study add an important layer of evidence to what we've observed with IMNN-001 to date,” said study principal investigator, Amir Jazaeri, M.D., professor of Gynecologic Oncology and Reproductive Medicine at UT MD Anderson. “The reduction in residual disease and the encouraging ctDNA clearance we're seeing, together with a consistent safety and tolerability profile, strongly support the continued investigation of IMNN-001's role in the frontline treatment of ovarian cancer.”

These new MRD findings build on results from the Company’s completed Phase 2 OVATION 2 study, in which IMNN-001 was associated with a 14.7-month increase in median overall survival compared to chemotherapy alone (45.1 vs. 30.4 months), and a 24.2-month increase among patients who also received PARP inhibitor maintenance therapy (65.6 vs. 41.4 months). The positive tolerability profile of IMNN-001 observed in prior studies has continued in the MRD study, including in combination with standard-of-care chemotherapy plus bevacizumab and in the maintenance setting, with no cytokine release syndrome, systemic toxicities, or serious immune-related adverse events observed to date. IMNN-001 is now being evaluated in the Company’s pivotal Phase 3 OVATION 3 trial, enrolling patients with newly diagnosed advanced ovarian cancer at clinical sites across the U.S.

Reinforcing previously published phase 2 data, new translational data from the MRD study also continue to support IMNN-001's proposed mechanism of action. IMNN-001 induces robust expression of IL-12 in macrophages within the peritoneal fluid and tumor tissue, stimulating a cascade of anti-tumor cytokines, including interferon-gamma, and resulting in potent macrophage and T cell activation. These findings are consistent with a shift in the tumor immune microenvironment from “cold” to “hot,” activating both innate and adaptive immune responses.

“We remain focused on generating a comprehensive body of evidence for IMNN-001 across our clinical program,” added Dr. Lindborg. “The MRD study, together with our Phase 2 OVATION 2 results and the ongoing pivotal Phase 3 OVATION 3 trial, continues to build a consistent picture of IMNN-001's benefit-risk profile in frontline ovarian cancer treatment.”

About the Translational Phase 2 MRD Study

The Phase 2 MRD study (NCT05739981) is evaluating IMNN-001 in combination with standard-of-care neoadjuvant and adjuvant chemotherapy plus bevacizumab in women with newly diagnosed advanced ovarian cancer, conducted through the Break Through Cancer Targeting Minimal Residual Disease in Ovarian Cancer TeamLab. Patients in the experimental arm receive IMNN-001, administered intraperitoneally, in combination with N/ACT plus bevacizumab, followed by interval cytoreductive surgery and additional cycles of adjuvant chemotherapy plus IMNN-001. Patients then undergo second-look laparoscopy (SLL) to assess for minimal residual disease, followed by maintenance therapy assigned according to homologous recombination deficiency (HRD) status. The primary endpoint of the study is MRD-positive rate at SLL; the secondary endpoint is progression-free survival (PFS). The study also includes serial translational analyses of tumor tissue, circulating tumor DNA (ctDNA), microbiome, and intraperitoneal fluid, to further characterize IMNN-001's impact on the tumor immune microenvironment.

About IMNN-001 Immunotherapy

Designed using IMUNON's proprietary TheraPlas® platform technology, IMNN-001 is an IL-12 DNA plasmid vector encased in a nanoparticle delivery system that enables cell transfection followed by persistent, local secretion of the IL-12 protein. IL-12 is one of the most active cytokines for the induction of potent anticancer immunity, acting through the induction of T-lymphocyte and natural killer cell proliferation. IMUNON previously reported positive safety and encouraging Phase 1 results with IMNN-001 administered as monotherapy or as combination therapy in patients with advanced peritoneally metastasized primary or recurrent ovarian cancer, and completed a Phase 1b dose-escalation trial (the OVATION 1 Study) of IMNN-001 in combination with carboplatin and paclitaxel neoadjuvantly in patients with newly diagnosed ovarian cancer. IMUNON previously reported positive results from the completed Phase 2 OVATION 2 Study, which assessed IMNN-001 (100 mg/m2 administered intraperitoneally weekly) plus neoadjuvant and adjuvant chemotherapy (N/ACT) of paclitaxel and carboplatin compared to standard-of-care N/ACT alone in 112 patients with newly diagnosed advanced ovarian cancer.

About Epithelial Ovarian Cancer

Epithelial ovarian cancer is the sixth deadliest malignancy among women in the U.S. There are approximately 20,000 new cases of ovarian cancer every year and approximately 70% are diagnosed in advanced stage III/IV. Epithelial ovarian cancer is characterized by dissemination of tumors in the peritoneal cavity with a high risk of recurrence (75%, stage III/IV) after surgery and chemotherapy. Since the five-year survival rates of patients with stage III/IV disease at diagnosis are poor (41% and 20%, respectively), there remains a need for a therapy that not only reduces the recurrence rate but also improves overall survival. The peritoneal cavity of advanced ovarian cancer patients contains the primary tumor environment and is an attractive target for a regional approach to immune modulation.

About IMUNON

IMUNON is a clinical-stage biotechnology company focused on advancing a portfolio of innovative treatments that harness the body's natural mechanisms to generate safe, effective and durable responses across a broad array of human diseases, constituting a differentiating approach from conventional therapies. IMUNON is developing its non-viral DNA technology across its modalities. The first modality, TheraPlas®, is developed for the gene-based delivery of cytokines and other therapeutic proteins in the treatment of solid tumors where an immunological approach is deemed promising. The second modality, PlaCCine®, is developed for the gene delivery of viral antigens that can elicit a strong immunological response.

The Company's lead clinical program, IMNN-001, is a DNA-based immunotherapy for the localized treatment of advanced ovarian cancer that has completed multiple clinical trials including one Phase 2 clinical trial (OVATION 2) and is currently conducting a Phase 3 clinical trial (OVATION 3). IMNN-001 works by instructing the body to produce safe and durable levels of powerful cancer-fighting molecules, such as interleukin-12 and interferon gamma, at the tumor site. Additionally, the Company has completed dosing in a first-in-human study of its COVID-19 booster vaccine (IMNN-101). The Company will continue to leverage these modalities and to advance, either directly or through partnership, the technological frontier of plasmid DNA to better serve patients with difficult-to-treat conditions. For more information, please visit www.imunon.com.

About Break Through Cancer

Founded in 2021, Break Through Cancer empowers outstanding researchers and physicians to both intercept and find cures for several of the deadliest cancers by stimulating radical collaboration among outstanding cancer research institutions, including its founding partners: Dana-Farber Cancer Institute, Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins, Memorial Sloan Kettering Cancer Center, MIT’s Koch Institute for Integrative Cancer Research, and The University of Texas MD Anderson Cancer Center.

The Foundation is supported by a Board of Directors from the five partner institutions and a Scientific Advisory Board of U.S. cancer experts. The Foundation was launched with an extraordinary challenge pledge of $250 million from Mr. and Mrs. William H. Goodwin, Jr. and their family, and the estate of William Hunter Goodwin III.

For further information, please visit the Foundation’s website at www.breakthroughcancer.org.

Forward-Looking Statements

IMUNON wishes to inform readers that forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, but not limited to, statements regarding the timing and enrollment of the Company's clinical trials, the potential of any therapies developed by the Company to fulfill unmet medical needs, the market potential for the Company's products, if approved, the potential efficacy and safety profile of our product candidates, and the Company's plans and expectations with respect to its development programs more generally, are forward-looking statements. We generally identify forward-looking statements by using words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances). Readers are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, uncertainties relating to unforeseen changes in the course of research and development activities and in clinical trials, including the fact that interim results are not necessarily indicative of final results; the uncertainties of and difficulties in analyzing interim clinical data; the significant expense, time and risk of failure in conducting clinical trials; the need for IMUNON to evaluate its future development plans; possible actions by customers, suppliers, competitors or regulatory authorities; and other risks detailed from time to time in IMUNON's filings with the Securities and Exchange Commission. IMUNON assumes no obligation, except to the extent required by law, to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

Investor Contact:
Valter Pinto
KCSA Strategic Communications
212-896-1254
imunon@kcsa.com


FAQ

What new Phase 2 MRD clinical data did IMUNON (IMNN) report for IMNN-001 in ovarian cancer?

IMUNON reported preliminary Phase 2 MRD data showing lower MRD-positive rates and higher ctDNA clearance with IMNN-001 versus control. According to IMUNON, early second-look laparoscopy results in newly diagnosed advanced ovarian cancer suggest deeper antitumor responses when IMNN-001 is added to chemotherapy plus bevacizumab.

How did IMNN-001 affect minimal residual disease and ctDNA clearance in IMUNON's MRD study (IMNN)?

IMNN-001 was associated with a 44% MRD-positive rate versus 67% for control and 87.5% ctDNA clearance versus 62.5%. According to IMUNON, these preliminary results are based on nine patients per arm reaching second-look laparoscopy in the translational Phase 2 MRD trial.

What were the overall survival results for IMNN-001 in IMUNON's Phase 2 OVATION 2 trial (IMNN)?

IMNN-001 plus chemotherapy was associated with median overall survival of 45.1 months versus 30.4 months for chemotherapy alone. According to IMUNON, patients also receiving PARP inhibitor maintenance had 65.6 months median survival versus 41.4 months, supporting further evaluation in Phase 3.

What safety profile has IMNN-001 shown so far in IMUNON's ovarian cancer program (IMNN)?

Across studies, IMNN-001 has shown a favorable safety and tolerability profile, including in combination with chemotherapy and bevacizumab. According to IMUNON, no cytokine release syndrome, systemic toxicities, or serious immune-related adverse events have been observed to date in the MRD trial setting.

What is IMNN-001 and how does it work in frontline ovarian cancer, according to IMUNON (IMNN)?

IMNN-001 is an IL-12 DNA plasmid immunotherapy delivered via IMUNON's TheraPlas nanoparticle platform for local cytokine expression. According to IMUNON, it induces IL-12 in peritoneal macrophages, triggering interferon-gamma, activating T cells and macrophages, and shifting the tumor microenvironment from "cold" to "hot."

What is IMUNON's Phase 3 OVATION 3 trial evaluating for IMNN-001 in ovarian cancer (IMNN)?

OVATION 3 is a pivotal Phase 3 trial evaluating IMNN-001 in newly diagnosed advanced ovarian cancer patients. According to IMUNON, the study builds on OVATION 2 and MRD translational data and is enrolling patients at clinical sites across the United States as frontline therapy.

How does the Break Through Cancer collaboration support IMUNON's IMNN-001 MRD study (IMNN)?

The MRD study is conducted through Break Through Cancer's Targeting Minimal Residual Disease in Ovarian Cancer TeamLab, a multi-institutional collaboration. According to IMUNON, UT MD Anderson leads the multi-site trial, enabling extensive translational analyses of tumor tissue, ctDNA, microbiome, and intraperitoneal fluid.