Immuneering Corp Stock Price, News & Analysis

Immuneering Corporation (NASDAQ: IMRX) announced its first quarter 2022 financial results, reporting a net loss of $12.9 million ($0.49 per share). The company has $137.8 million in cash, expected to provide a runway into Q3 2024. Key developments include the anticipated IND filing for IMM-1-104 in Q3 2022 and patient enrollment in Q4 2022, with encouraging preclinical results across various tumor models. R&D expenses rose to $9.1 million, reflecting increased preclinical costs. Additionally, the second IND for IMM-6-415 is expected in 2023.

Immuneering Corporation (Nasdaq: IMRX) announced management's participation in Citi’s Biopharma VIRTUAL Co-Panel Day on May 18, 2022, focusing on software, artificial intelligence, and bioinformatics in drug development. The event will feature Ben Zeskind, Ph.D., Co-Founder and CEO, and will be webcast live at 10:00 am ET.

Immuneering aims to improve patient outcomes with a unique oncology and neuroscience pipeline. Its lead candidate, IMM-1-104, targets advanced solid tumors with RAS mutations, utilizing a proprietary 3D tumor modeling platform.

Immuneering Corporation (Nasdaq: IMRX) announced its participation in Piper Sandler’s AI/ML Investor Conference on April 1, 2022, where CEO Ben Zeskind will discuss advancements in drug development using artificial intelligence and bioinformatics. Immuneering harnesses over a decade of experience in translational bioinformatics to enhance oncology and neuroscience therapies. Its lead candidate, IMM-1-104, is designed for treating advanced solid tumors in patients with RAS mutations by targeting the MAPK pathway. The company is also advancing other oncology and neuroscience programs.

Immuneering Corporation (Nasdaq: IMRX) announces its participation in the 21st Annual Needham Virtual Healthcare Conference, scheduled for April 11-14, 2022. Management, including CEO Ben Zeskind and CFO Biren Amin, will present insights on the company's oncology pipeline and business strategy. The presentation will occur on April 12 from 3:45-4:25 PM ET. Immuneering's lead candidate, IMM-1-104, is a dual-MEK inhibitor targeting RAS mutations in advanced tumors, aimed at sparing healthy cells. The company uses a proprietary bioinformatics platform to advance its pipeline.

Immuneering Corporation (Nasdaq: IMRX) reported financial results for Q4 and full year 2021, highlighting significant advancements in their lead product candidate, IMM-1-104. This candidate shows broad activity against various tumor models with activating mutations. The company holds $150.2 million in cash, ensuring funding through Q3 2024. Notably, they expect to file an IND for IMM-1-104 in Q3 2022. Research and development expenses increased to $26.5 million for 2021, primarily due to preclinical initiatives. The net loss for the year was $33.5 million, or $2.46 per share.

Immuneering Corporation (Nasdaq: IMRX) showcases its oncology pipeline that spares healthy cells by modulating signaling dynamics. The company will participate in two investor conferences in March 2022 to discuss its product candidates and business strategy, including a panel at the Cowen 42nd Annual Health Care Conference and a fireside chat at the Oppenheimer 32nd Annual Healthcare Conference. The lead product candidate, IMM-1-104, targets RAS mutations in advanced tumors, supported by a unique translational bioinformatics approach.

Immuneering Corporation (Nasdaq: IMRX) recently announced participation in two investor conferences to discuss its innovative oncology pipeline. The first presentation will be at the B. Riley Securities Virtual Oncology Investor Conference on January 28, 2022, at 12:00 pm ET, followed by a Guggenheim Virtual Oncology Conference on February 9, 2022, at 10:00 am ET. The company's proprietary pipeline focuses on oncology and neuroscience drug candidates designed to target tumor cells while sparing healthy cells. These insights stem from a robust translational bioinformatics platform.

Immuneering Corporation (Nasdaq: IMRX) announced the appointment of Diana F. Hausman, M.D. to its Board of Directors, enhancing its leadership with her >20 years of clinical drug development experience. Dr. Hausman, previously Chief Medical Officer at Lengo Therapeutics, will contribute significantly to advancing Immuneering's pipeline, notably the lead candidate IMM-1-104, a dual-MEK inhibitor for RAS mutant tumors. Her extensive background in oncology showcases the company’s commitment to improving therapeutic options for cancer patients.

Immuneering Corporation (Nasdaq: IMRX) has revealed promising preclinical data for its lead product candidate, IMM-1-104, indicating its potential to inhibit tumor growth in NRAS mutant melanoma models. This data, which compares IMM-1-104 to binimetinib, suggests superior efficacy, achieving tumor growth inhibition rates between 74.9% and 99.9%. The company plans to submit an Investigational New Drug application to the FDA in Q3 2022 and aims to commence human clinical trials by Q4 2022. The findings underscore IMM-1-104’s potential as a therapeutic alternative in treating RAS mutant tumors.