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Immuneering Appoints Andrew Gengos as Chief Financial Officer

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Immuneering (Nasdaq: IMRX) appointed Andrew Gengos as Chief Financial Officer, effective July 16, 2026. He previously served as CFO and Head of Corporate Development at Terns Pharmaceuticals, which Merck acquired for $6.7 billion.

Gengos will oversee financial strategy as Immuneering advances Phase 3 oncology candidate atebimetinib and its deep cyclic inhibitor pipeline.

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

Positive

  • Appointment of seasoned biotech leader Andrew Gengos as CFO effective July 16, 2026
  • Gengos brings over 25 years of biotech leadership, finance, and strategy experience
  • Previous CFO and Head of Corporate Development at Terns, acquired by Merck for $6.7 billion
  • Expanded executive oversight of financial strategy, capital allocation, and investor relations
  • Leadership experience across oncology and neurodegenerative programs supports Immuneering’s late-stage pipeline

Negative

  • None.

What This Means

This announcement highlights a leadership upgrade as Immuneering advances atebimetinib into a pivota...
Analysis

This announcement highlights a leadership upgrade as Immuneering advances atebimetinib into a pivotal Phase 3 trial and manages a cash runway into 2029. The new CFO brings experience from a company acquired for $6.7 billion, plus public biotech financing and business development expertise. In context of a $300,000,000 shelf and ongoing late-stage trials, investors may watch how financial strategy, partnering, and trial execution evolve under the strengthened team.

Key Figures

Terns acquisition value: $6.7 billion Registered shelf amount: $300,000,000 ATM capacity: $100,000,000 +5 more
8 metrics
Terns acquisition value $6.7 billion Merck & Co., Inc. acquisition of Terns Pharmaceuticals
Registered shelf amount $300,000,000 Form S-3 universal shelf registration
ATM capacity $100,000,000 Equity distribution agreement within S-3 shelf
Cash & securities $198.6 million Cash, cash equivalents and marketable securities as of March 31, 2026
Q1 2026 net loss $13,460,895 Three months ended March 31, 2026
Net loss per share $0.21 Basic and diluted net loss per share Q1 2026
Prior-year net loss $15,046,132 Three months ended March 31, 2025
R&D expenses $10,645,222 Research and development in Q1 2026

Historical Context

5 past events · Latest: Jun 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 11 Phase 3 trial start Positive +5.1% First patient dosed in pivotal Phase 3 MAPKeeper 301 pancreatic cancer trial.
Jun 01 ASCO data update Positive -22.1% Presented Phase 2a survival and tolerability data for atebimetinib plus mGnP at ASCO.
May 21 Survival data press Positive +3.3% Reported 17.3‑month median overall survival in Phase 2a first-line pancreatic cancer trial.
May 15 Earnings and pipeline Positive +0.4% Q1 2026 results with $198.6M cash and updates on Phase 3 MAPKeeper 301 trial.
Apr 21 ASCO presentation plan Positive +4.1% Announced upcoming oral ASCO presentation of updated survival data in 55 patients.

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

Pattern Detected

Recent pipeline and data updates have mostly seen share gains, though one major ASCO data release drew a sharp negative reaction, showing occasional divergence from seemingly positive clinical news.

Recent Company History

Over the last few months, Immuneering has focused on advancing atebimetinib in first-line metastatic pancreatic cancer, moving from announcing an ASCO oral presentation on updated Phase 2a data to reporting a 17.3‑month median overall survival and then dosing the first patient in the pivotal Phase 3 MAPKeeper 301 trial. Financial updates highlighted a cash runway into 2029. Against this backdrop of clinical and financial progression, today’s CFO appointment reinforces the management bench as the company executes late-stage development plans.

Key Terms

phase 3, raf, mapk
3 terms
phase 3 medical
"atebimetinib, its lead oncology candidate in Phase 3, and a pipeline"
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
raf medical
"benefit patients with RAS, RAF, and other MAPK-driven cancers."
A Risk Adjustment Factor (RAF) is a numerical score used by health insurers and government programs to estimate how much medical care a person is likely to need; it adjusts payments to reflect the expected cost of covering that person. Think of it as a personalized price tag that helps insurers get paid more for sicker members and less for healthier ones. Investors watch RAFs because changes in average scores directly affect revenue predictability, margins, and the financial risks insurers face when enrollments shift toward higher- or lower-risk patients.
mapk medical
"benefit patients with RAS, RAF, and other MAPK-driven cancers."
MAPK (Mitogen‑Activated Protein Kinase) is a family of enzymes in cells that act like switches or traffic signals, passing along messages that tell cells to grow, divide, or respond to stress. It matters to investors because abnormal MAPK signaling is implicated in cancers and other diseases, making these enzymes common targets for drugs and diagnostics; progress or setbacks in MAPK‑related research can materially affect the value of biotech and pharmaceutical companies.

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

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- Former CFO of Terns Pharmaceuticals to join Immuneering -

- Seasoned public company CFO strengthens team with over 25 years of leadership in biotech –

NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Immuneering Corporation (Nasdaq: IMRX), a late-stage clinical oncology company focused on keeping cancer patients alive and helping them thrive, today announced the appointment of Andrew Gengos as Chief Financial Officer, effective July 16, 2026. Mr. Gengos most recently served as Chief Financial Officer and Head of Corporate Development at Terns Pharmaceuticals, which Merck & Co., Inc. acquired for $6.7 billion. At Immuneering, Mr. Gengos will oversee financial strategy, capital allocation, investor relations, business development, and corporate development activities as the company advances atebimetinib, its lead oncology candidate in Phase 3, and a pipeline of other deep cyclic inhibitors.

“Andrew is a proven biotechnology executive with a strong track record of helping innovative companies navigate critical stages of growth and value creation,” said Ben Zeskind, Ph.D., Co-Founder and Chief Executive Officer of Immuneering. “His experience as a CFO, business development leader, and strategic advisor will be invaluable as we advance our clinical programs and prepare for the next phase of Immuneering's growth. We are delighted to welcome Andrew to our leadership team.”

“I am thrilled to join Immuneering at such an exciting time in the company's development,” said Andrew Gengos. “Atebimetinib is now a Phase 3 candidate in first-line pancreatic cancer, supported by recently presented survival and tolerability data that are highly encouraging in a disease where new treatment options are urgently needed. A growing body of data supports the potential of Immuneering’s differentiated deep cyclic inhibitor technology to benefit patients with RAS, RAF, and other MAPK-driven cancers. I believe we are in the early chapters of this compelling story and look forward to working with Immuneering’s leadership team and Board to advance atebimetinib through late-stage development and create value for patients and shareholders alike.”

Prior to joining Terns, Mr. Gengos served as Chief Financial Officer and Chief Business Officer of Athira Pharma, Inc. (now LeonaBio, Inc.). Previously, he served as Chief Business Officer of Cyteir Therapeutics, Inc., where he led the finance organization that successfully completed the company's initial public offering. Earlier in his career, he served as Chief Executive Officer of ImmunoCellular Therapeutics, Ltd. and Neuraltus Pharmaceuticals, Inc., providing strategic and financial leadership across oncology and neurodegenerative disease programs. In addition, Mr. Gengos was Vice President of Strategy and Corporate Development at Amgen Inc., where for eight years he helped shape the company's long-term strategic priorities and business development initiatives. He began his career at Morgan Stanley and later joined McKinsey & Company, advancing from Associate to Senior Engagement Manager.    

Mr. Gengos holds an MBA from the UCLA Anderson School of Management and a BS in Chemical Engineering from the Massachusetts Institute of Technology.

About Immuneering

Immuneering is a late-stage clinical oncology company dedicated to keeping cancer patients alive and helping them thrive, with an initial focus on patients with RAS, RAF, and other MAPK-driven cancers. The Company is developing an entirely new category of cancer medicines, Deep Cyclic Inhibitors, designed to improve overall survival by three mechanisms: shrinking tumors durably with less resistance, preserving body mass by countering cachexia, and minimizing side effects to maximize performance status and combinability. Immuneering’s lead product candidate, atebimetinib, is an investigational, oral, once-daily Deep Cyclic Inhibitor of MEK, designed to improve survival across many cancer indications. The company is conducting a global randomized pivotal trial, MAPKeeper 301, evaluating atebimetinib in combination with chemotherapy in first-line pancreatic cancer patients. The Company’s development pipeline also includes additional combination opportunities and preclinical stage programs. For more information, please visit www.immuneering.com.

Forward-Looking Statements

This press release contains forward-looking statements, including within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding: the treatment potential of atebimetinib, alone or in combination with other agents to treat cancer, including modified Gemcitabine/nab-paclitaxel (mGnP) in first-line pancreatic cancer; the timing of dosing of the MAPKeeper 301 study and the timing of topline results from the study; the timing of dosing of the Phase 2 combination study of atebimetinib in non-small cell lung cancer, including the timing of preliminary results from the study; timing of IND-enabling studies from the next DCI drug program; the ability of phase 2 results presented at ASCO to translate to success and support evaluation in the Company’s phase 3 study; the ability of the three design mechanisms of atebimetinib to shrink tumors durably, improve overall survival and overcome the limitations of conventional MAPK inhibition and provide a more sustained clinical benefit for patients.

These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the risks inherent in oncology drug research and development, including target discovery, target validation, lead compound identification, and lead compound optimization; we have incurred significant losses, are not currently profitable and may never become profitable; our projected cash runway; our need for additional funding; our unproven approach to therapeutic intervention; our ability to address regulatory questions and the uncertainties relating to regulatory filings, reviews and approvals; the lengthy, expensive, and uncertain process of clinical drug development, including potential delays in activating trial sites or enrolling trial participants, or failure to obtain regulatory approvals; our reliance on third parties and collaborators to conduct our clinical trials, manufacture our product candidates, and develop and commercialize our product candidates, if approved; failure to compete successfully against other drug companies; protection of our proprietary technology and the confidentiality of our trade secrets; potential lawsuits for, or claims of, infringement of third-party intellectual property or challenges to the ownership of our intellectual property; our patents being found invalid or unenforceable; costs and resources of operating as a public company; and unfavorable or no analyst research or reports.

These and other important factors discussed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the period ended March 31, 2026, and our other reports filed with the U.S. Securities and Exchange Commission, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, except as required by law, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Investor Contact:
Courtney Dugan
Cdugan@immuneering.com

Media Contact:
Peg Rusconi
peg.rusconi@deerfieldgroup.com


FAQ

What did Immuneering (Nasdaq: IMRX) announce on June 15, 2026 about its CFO position?

Immuneering announced the appointment of Andrew Gengos as Chief Financial Officer, effective July 16, 2026. According to Immuneering, he will lead financial strategy, capital allocation, investor relations, business development, and corporate development as the company advances its oncology pipeline.

Who is Andrew Gengos, the new Chief Financial Officer of Immuneering (IMRX)?

Andrew Gengos is a biotechnology executive with more than 25 years of leadership experience. According to Immuneering, he previously served as CFO and Head of Corporate Development at Terns Pharmaceuticals and has held senior roles at Athira Pharma, Cyteir Therapeutics, Amgen, and other companies.

When will Andrew Gengos officially start as CFO of Immuneering (Nasdaq: IMRX)?

Andrew Gengos will assume the Chief Financial Officer role at Immuneering on July 16, 2026. According to Immuneering, he will immediately oversee financial strategy and related functions as the company progresses its late-stage clinical oncology programs and broader deep cyclic inhibitor pipeline.

What is atebimetinib, Immuneering’s (IMRX) lead oncology candidate mentioned in the CFO announcement?

Atebimetinib is Immuneering’s lead oncology candidate, now in Phase 3 for first-line pancreatic cancer. According to Immuneering, recently presented survival and tolerability data were described as highly encouraging in a setting where new treatment options are urgently needed for patients.

What responsibilities will the new CFO Andrew Gengos have at Immuneering (IMRX)?

As CFO, Andrew Gengos will oversee financial strategy, capital allocation, investor relations, business development, and corporate development. According to Immuneering, his role supports advancing atebimetinib through late-stage development and guiding the company through its next phase of corporate growth.

How does Andrew Gengos’ background support Immuneering’s late-stage oncology strategy (IMRX)?

Andrew Gengos brings experience as a CFO, business development leader, and strategic advisor in biotech. According to Immuneering, his prior roles and dealmaking background are expected to help navigate clinical advancement, corporate development, and value creation for patients and shareholders.

What experience did Immuneering’s new CFO gain from Terns Pharmaceuticals before joining IMRX?

Before joining Immuneering, Andrew Gengos served as CFO and Head of Corporate Development at Terns Pharmaceuticals. According to Immuneering, Terns was acquired by Merck for $6.7 billion, highlighting his experience with high-value strategic transactions and corporate growth in biotechnology.