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Immuneering Corporation reports clinical oncology developments centered on Deep Cyclic Inhibitors, a category of cancer medicines the company is developing for durability, tolerability and combinability. Its lead product candidate, atebimetinib (IMM-1-104), is an oral, once-daily Deep Cyclic Inhibitor of MEK being studied across MAPK pathway-driven tumors, including pancreatic cancer.
Recurring updates include survival and safety data from atebimetinib in combination with modified gemcitabine/nab-paclitaxel in first-line pancreatic cancer, molecular and circulating tumor DNA analyses tied to MAPK resistance mechanisms, and presentations at oncology meetings such as ASCO and AACR. Company news also covers financial results, R&D spending, pipeline strategy, regulatory-readiness activities and healthcare-conference presentations.
Immuneering Corporation (Nasdaq: IMRX) announced the pricing of its upsized initial public offering (IPO) of 7,500,000 shares of Class A common stock at $15.00 per share, raising total gross proceeds of $112.5 million. The offering is expected to close on August 3, 2021. There is also a 30-day option for underwriters to purchase an additional 1,125,000 shares. Shares are set to begin trading on Nasdaq on July 30, 2021. Immuneering's pipeline focuses on oncology and neuroscience, aiming to improve patient outcomes through its unique approach in drug development.
Immuneering Corporation announces the appointment of Michael Bookman as the new General Counsel and Secretary, effective immediately. Bookman brings significant legal expertise in life sciences, previously serving as General Counsel at Frequency Therapeutics. He will support the Board in governance and legal compliance as the company advances its oncology and neuroscience drug pipeline, particularly focusing on modulating cell signaling dynamics. CEO Ben Zeskind expressed confidence in Bookman's ability to guide the company through its transition into human clinical development.