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Immuron (IMRN) Stock News, Apr-Jul 2020

IMRN Nasdaq

Immuron Limited develops and commercializes orally delivered targeted polyclonal antibodies for gastrointestinal infectious diseases. The Australian biopharmaceutical company uses a hyper-immune bovine colostrum platform and markets Travelan®, an over-the-counter product for travelers’ diarrhea and digestive tract protection, in Australia, the United States and Canada.

Recurring news covers Travelan sales by region, the Australian launch of ProIBS®, research funding and collaborations for enteric pathogens, and updates on clinical programs such as IMM-124E and IMM-529. Company announcements also discuss operating results, strategic updates, distribution expansion and investor conference presentations tied to its ASX and Nasdaq listings.

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Immuron Limited (ASX: IMC; NASDAQ: IMRN) has received FDA guidance on a new oral therapeutic targeting Campylobacter and ETEC infections. Two Phase II clinical trials are set for 2021; one will assess protection against campylobacteriosis, while the other will focus on ETEC. The FDA meeting discussed manufacturing controls and planned studies to evaluate the therapeutic's safety and efficacy. The company is also progressing on its manufacturing program, with the second immunization campaign completed and colostrum harvesting scheduled for September, crucial for drug production.

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Immuron Limited (ASX: IMC; NASDAQ: IMRN) has announced significant advancements in its research collaboration with the Naval Medical Research Center (NMRC) and CSIRO. The company signed a research agreement with CSIRO to develop a therapeutic targeting Campylobacter and ETEC for clinical evaluation. Furthermore, NMRC submitted a Pre-IND package to the FDA, anticipating comments within 30 days. A vaccination program has commenced, and two human phase II clinical trials are scheduled for 2021, focusing on protecting against campylobacteriosis and ETEC infections.

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Immuron Limited (ASX: IMC; NASDAQ: IMRN) has announced a collaboration with the Naval Medical Research Center (NMRC) focused on developing a new oral therapeutic targeting Campylobacter and ETEC infections. A Pre-IND meeting with the FDA has been requested, paving the way for Phase II clinical trials in 2021. The trials aim to evaluate the efficacy of the therapeutic in protecting against severe campylobacteriosis and ETEC infections. However, previous study results indicated negative findings in the IMM-124E pediatric trial for Nonalcoholic Fatty Liver Disease due to a small sample size.

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FAQ

What is the current stock price of Immuron (IMRN)?

Immuron (IMRN) last closed at $0.9535.

What is the market cap of Immuron (IMRN)?

The market cap of Immuron (IMRN) is approximately $7.7M.