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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.
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Immuneering Corporation (Nasdaq: IMRX), a clinical-stage oncology firm, has priced its underwritten offering of 2,727,273 shares of Class A common stock at $11.00 per share, aiming for gross proceeds of $30 million. The proceeds will support the preclinical and clinical development of its product candidates and general corporate purposes. The offering is facilitated through a shelf registration statement filed with the SEC. Jefferies, TD Cowen, and Guggenheim Securities are acting as joint book-running managers. The press release includes forward-looking statements, cautioning that actual results may vary due to economic factors and associated risks.
Immuneering Corporation (Nasdaq: IMRX) presented promising initial data from their Phase 1 trial of IMM-1-104 at the AACR Annual Meeting. This novel therapy targets RAS mutant tumors and demonstrated significant pharmacokinetic (PK) levels, achieving over 2,000 ng/mL with a median half-life of approximately 1.94 hours. The drug was well tolerated, having no dose limiting toxicities (DLTs) or serious adverse events (SAEs) reported. The company indicated an acceleration in the study timeline, with the recommended Phase 2 dose (RP2D) now anticipated in early 2024, earlier than originally expected. Initial pharmacodynamic (PD) results showed over 90% inhibition of pERK in patients, supporting the potential efficacy of IMM-1-104. Further updates on the trial are expected periodically.