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Immatics Presents Clinical Activity and Response Dynamics of Anzu-cel PRAME Cell Therapy at 2026 ASCO Annual Meeting

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Immatics (NASDAQ: IMTX) reported extended Phase 1b data for its PRAME TCR T-cell therapy anzu-cel (IMA203) in heavily pretreated metastatic melanoma at the 2026 ASCO meeting.

At the RP2D, anzu-cel showed a 56% confirmed ORR, 14.6-month mDOR, 6.1-month mPFS, 16.2-month mOS and a predictable, manageable safety profile, supporting the ongoing SUPRAME Phase 3 trial and a planned BLA submission in 1H 2027.

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AI-generated analysis. Not financial advice.

Positive

  • Confirmed ORR 56% (18/32) and ORR 64% (21/33) in all melanoma patients
  • Disease control rate 91% (30/33) with median duration of response 14.6 months
  • Median progression-free survival 6.1 months and median overall survival 16.2 months
  • Deep responses (≥50% tumor reduction) in 42% (14/33) of patients
  • Rapid responses with median time to best overall response of 1.4 months
  • SUPRAME Phase 3 trial on track toward planned BLA submission in 1H 2027

Negative

  • Median progression-free survival remains 6.1 months despite high disease control rate
  • Progressive disease often due to new or non-target lesions despite control of baseline targets
  • Treatment-associated CRS and ICANS occur, though reported as mostly mild and manageable

Key Figures

Confirmed ORR: 56% (18/32) Median DOR: 14.6 months Median PFS: 6.1 months +5 more
8 metrics
Confirmed ORR 56% (18/32) All melanoma patients at RP2D
Median DOR 14.6 months All melanoma, Phase 1b anzu-cel
Median PFS 6.1 months All melanoma, Phase 1b anzu-cel
Median OS 16.2 months All melanoma, Phase 1b anzu-cel
PFS rate 6 months 55% All melanoma, Phase 1b anzu-cel
PFS rate 12 months 37% All melanoma, Phase 1b anzu-cel
OS rate 12 months 70% All melanoma, Phase 1b anzu-cel
OS rate 24 months 46% All melanoma, Phase 1b anzu-cel

Market Reality Check

Price: $11.51 Vol: Volume 429,742 is below t...
normal vol
$11.51 Last Close
Volume Volume 429,742 is below the 20-day average of 552,556, indicating no outsized trading interest pre‑ASCO. normal
Technical Shares at $11.51 were trading above the 200-day MA of $9.52 and within 7.25% of the 52-week high.

Peers on Argus

IMTX was up 0.52% while several biotech peers such as TNGX and AVBP showed large...

IMTX was up 0.52% while several biotech peers such as TNGX and AVBP showed larger gains of 9.57% and 11.12%. With no peers in the momentum scanner and no same‑day peer news, the move appears stock‑specific.

Historical Context

5 past events · Latest: May 12 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 12 Q1 2026 earnings Positive -1.3% Reported Q1 2026 results, cash of $521.5M and PRAME pipeline milestones.
Apr 21 ASCO presentations Positive -0.6% Announced four oral ASCO 2026 presentations across PRAME cell therapy and bispecifics.
Apr 17 AACR case report Positive +2.8% Late-breaking AACR poster showing deep, durable remission in pediatric nephroblastoma.
Mar 05 FY 2025 earnings Positive -0.3% Full-year 2025 update with cash to 2028 and a $125M public offering noted.
Dec 11 IMA203CD8 data Positive -0.2% ESMO‑IO data for IMA203CD8 showing 36% cORR and 9.2‑month mDOR at low dose.
Pattern Detected

Positive PRAME-focused clinical and scientific updates often saw muted or slightly negative next‑day reactions, while a striking individual clinical case drew a clearer positive move.

Recent Company History

Over the last six months, Immatics has repeatedly highlighted progress across its PRAME franchise. Financial updates in March and May 2026 emphasized cash reach into 2028 and a BLA target in 1H 2027, yet shares slipped modestly after those reports. Conference‑related news (ESMO‑IO 2025, AACR 2026, ASCO 2026 previews) delivered encouraging IMA203/IMA203CD8 data and positioning as a PRAME leader. The most clinically dramatic individual case in pediatric nephroblastoma on April 17, 2026 aligned with a solid positive price reaction, framing today’s broader advanced‑melanoma dataset as part of a consistent efficacy narrative.

Market Pulse Summary

This announcement highlights mature Phase 1b data for anzu-cel in advanced melanoma, with a confirme...
Analysis

This announcement highlights mature Phase 1b data for anzu-cel in advanced melanoma, with a confirmed ORR of 56%, median DOR of 14.6 months, and median OS of 16.2 months. The results build on prior PRAME-focused updates from ESMO‑IO, AACR, and earlier ASCO communications, while the SUPRAME Phase 3 program advances toward a planned BLA in 1H 2027. Investors may watch future readouts, durability updates beyond three years, and progress of the uveal melanoma cohort for potential label expansion.

Key Terms

ORR, mDOR, mPFS, mOS, +4 more
8 terms
ORR medical
"Anzu-cel showed a 56% confirmed ORR, 14.6 months mDOR, 6.1 months mPFS..."
Objective Response Rate (ORR) is the percentage of patients in a clinical trial whose tumors shrink or disappear by a predefined amount after treatment. For investors, ORR is a quick, measurable signal of a therapy’s effectiveness—like early sales numbers for a new product—and strong ORR data can boost a drug’s commercial prospects and company valuation, while weak ORR can temper expectations.
mDOR medical
"Anzu-cel showed a 56% confirmed ORR, 14.6 months mDOR, 6.1 months mPFS..."
mDOR (median duration of response) is the time at which half of the patients who initially benefited from a treatment no longer show that benefit, so it summarizes how long a positive effect lasts across a study group. Investors watch mDOR as a measure of a drug’s durability—like the expected useful life of a product—because longer mDORs suggest more lasting clinical value, stronger competitive position and potentially greater commercial and pricing potential.
mPFS medical
"Anzu-cel showed a 56% confirmed ORR, 14.6 months mDOR, 6.1 months mPFS..."
The MPFS (Medicare Physician Fee Schedule) is the official price list Medicare uses to set how much it will pay doctors and other clinicians for specific medical services. Think of it like a menu of reimbursement rates: changes to the MPFS raise or lower what providers earn for each procedure, which can directly affect health-care providers’ revenue, profit margins and the valuations of companies that rely heavily on Medicare payments — information investors use to judge financial risk and growth prospects.
mOS medical
"Anzu-cel showed a 56% confirmed ORR, 14.6 months mDOR, 6.1 months mPFS and 16.2 months mOS..."
mos is a common abbreviation for months, used to indicate a time span in financial statements, forecasts, contracts, or trial timelines. Timeframes matter to investors because they show how long cash, obligations, or expected results will play out—similar to seeing how many months your household budget must cover expenses, it helps assess risk, liquidity, and when returns or obligations are likely to occur.
RECIST 1.1 medical
"Maximum change of target lesions and RECIST 1.1 response at different timepoints."
RECIST 1.1 is a standardized set of rules used in cancer clinical trials to measure how solid tumors respond to treatment by tracking changes in size on medical scans. Think of it as a consistent ruler and scorecard that tells doctors and regulators whether a drug is shrinking tumors, keeping them stable, or allowing them to grow. Investors care because RECIST-based results are common primary endpoints that influence regulatory decisions, trial success, and a therapy’s commercial prospects.
cytokine release syndrome medical
"Expected and manageable cytokine release syndrome (CRS) was mostly Grades 1 and 2..."
An intense immune overreaction in which the body's defense system releases a large surge of signaling proteins, causing fever, low blood pressure, breathing trouble or organ stress; imagine the immune system's alarm going into overdrive and flooding the body with emergency responders. Investors care because this side effect can slow or block regulatory approval, increase clinical trial costs and liabilities, limit how widely a therapy can be used, and therefore affect a drug's market value and sales potential.
immune effector cell-associated neurotoxicity syndrome medical
"Immune effector cell-associated neurotoxicity syndrome (ICANS) occurred infrequently..."
immune effector cell-associated neurotoxicity syndrome (ICANS) is a brain-related side effect that can occur after treatments that activate powerful immune cells, such as engineered cell therapies. It can cause confusion, speech problems, seizures or coma when the immune response unintentionally harms brain function; think of an overenthusiastic security system that starts damaging the house it’s protecting. Investors care because ICANS affects clinical trial results, regulatory approvals, product labeling, treatment adoption, monitoring costs and potential liability, all of which influence a therapy’s commercial value.
TCR T-cell therapy medical
"Phase 1b clinical trial evaluating anzu-cel ... PRAME TCR T-cell therapy in heavily pretreated patients..."
TCR T‑cell therapy is a type of immunotherapy that takes a patient’s own immune cells and reprograms them to recognize and attack cells carrying a specific internal protein marker, much like retraining soldiers to spot a hidden enemy uniform. It matters to investors because success can translate into high-value, potentially durable cancer treatments, but it also carries regulatory, manufacturing and clinical-risk considerations that affect development timelines, costs and commercial potential.

AI-generated analysis. Not financial advice.

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  • One-time infusion of anzu-cel (anzutresgene autoleucel, IMA203) PRAME cell therapy induced rapid, deep and durable systemic anti-tumor activity in metastatic PD-1 relapsed cutaneous melanoma and metastatic uveal melanoma

  • Anzu-cel showed a 56% confirmed ORR, 14.6 months mDOR, 6.1 months mPFS and 16.2 months mOS at longer follow-up alongside a predictable and manageable tolerability profile in metastatic melanoma

  • Exploratory response analysis suggests continued control of baseline disease and anti-tumor activity across multiple metastatic disease sites with many lesions remaining controlled, some even after progression

  • Findings reinforce the continued effectiveness of anzu-cel to treat advanced melanoma; Phase 3 SUPRAME trial remains on track as it advances toward BLA submission in 1H 2027

Houston, Texas and Tuebingen, Germany, June 1, 2026 Immatics N.V. (NASDAQ: IMTX, “Immatics” or the “Company”), the global leader in precision targeting of PRAME with multiple clinical-stage programs spanning cell therapies and bispecifics, today announced extended data from the ongoing Phase 1b clinical trial evaluating anzu-cel (anzutresgene autoleucel, IMA203) PRAME TCR T-cell therapy in heavily pretreated patients with advanced melanoma in an oral presentation at the Annual Meeting of the American Society for Clinical Oncology (ASCO) in Chicago, USA. The dataset is focused on patients treated with anzu-cel at the recommended Phase 2 dose (RP2D), including longer follow-up and further characterization of the durability and systemic nature of the observed clinical responses.

The data will be presented on Monday, June 1, 2026, by Diwakar Davar, M.D., University of Pittsburgh Medical Center Hillman Cancer Center, Pennsylvania, USA during the Oral Abstract Session – Melanoma/Skin Cancers (Abstract ID 9508). The slides are available in the ‘Events & Presentations’ section of the Investor & Media section of the Company’s website.

“What excites us about anzu-cel is the strength of the clinical activity we are seeing in advanced melanoma that is further reinforced by the novel insights into the durability of responses and the systemic nature of anti-tumor activity observed across metastatic disease sites,” said Cedrik Britten, M.D., Ph.D., Chief Medical Officer at Immatics. “These findings continue to highlight the potential of anzu-cel to make a meaningful impact on the lives of patients with advanced melanoma. Through the ongoing SUPRAME Phase 3 trial, we are working to bring anzu-cel to more patients in urgent need of effective treatment options.”

Oral Presentation Summary – Anzu-cel Phase 1b Trial

Patient population: Heavily pretreated patient population with metastatic melanoma

  • As of September 24, 2025, 33 heavily pretreated patients with metastatic (stage IV) melanoma received a one-time infusion of anzu-cel at the recommended Phase 2 dose (RP2D, 1 - 10x109 TCR T cells) in the Phase 1b dose expansion.
  • The treated patient population consisted of cutaneous melanoma (n=14), uveal melanoma (n=16), mucosal melanoma (n=2) and melanoma of unknown primary (n=1).
  • All patients with cutaneous melanoma, mucosal melanoma and melanoma of unknown primary had metastatic stage IV disease including lesions in liver, brain and/or lung. All patients with uveal melanoma had metastatic stage IV disease with liver and/or extrahepatic metastases.
  • Patients had a median of two prior lines of systemic treatment. The subgroup of patients with cutaneous melanoma (n=14) had a median of 2.5 lines of prior systemic treatments, including a median of two prior lines of immune checkpoint inhibitors. Of these, 64% (9/14) received a combination of ipilimumab and nivolumab and 29% (4/14) received a combination of nivolumab and relatlimab prior to anzu-cel infusion.

Safety: Treatment with anzu-cel continued to show predictable and manageable tolerability

  • Anzu-cel has maintained a manageable tolerability profile, which was consistent across patients with different melanoma subtypes.
  • The most frequent treatment-emergent adverse events were anticipated cytopenias associated with lymphodepletion.
  • Expected and manageable cytokine release syndrome (CRS) was mostly Grades 1 and 2, which is consistent with the mechanism of action. No patients experienced long-term CRS.
  • Immune effector cell-associated neurotoxicity syndrome (ICANS) occurred infrequently, was manageable and mostly mild (Grades 1 and 2).

Anti-tumor activity and durability: Rapid, deep and durable anti-tumor activity of anzu-cel PRAME cell therapy, including durable responses up to >3 years

 All
melanoma1 (n=33)
Cutaneous melanoma (n=14)Uveal
melanoma1 (n=16)
    
cORR56% (18/32)50% (7/14)67% (10/15)
ORR64% (21/33)57% (8/14)69% (11/16)
DCR91% (30/33)93% (13/14)88% (14/16)
mDOR (range) / mFU [mo]14.6 (4.2, 38.2+) / 18.717.9 (4.2, 38.2+) / 18.711.0 (4.4, 31.6) / Not defined
mPFS (range) / mFU [mo]6.1 (1.4, 39.6+) / 20.06.0 (1.4, 39.6+) / 20.08.5 (1.4, 32.9) / 10.4
mOS (range) / mFU [mo]

 
16.2 (2.4, 39.6+) / 17.313.9 (2.4, 39.6+) / 20.0Not reached (4.5, 34.2) / 14.3

1 cORR excludes one patient with uveal melanoma who left study (withdrew consent) with ongoing unconfirmed PR.

The PFS rate was 55% at six months and 37% at 12 months. The overall survival rate was 70% at 12 months and 46% at 24 months.
42% (14/33) of patients experienced a deep response (≥50% tumor reduction). In these patients, mPFS was 15.9 months at 39.6 months mFU.

* Maximum change of target lesions and RECIST 1.1 response at different timepoints. BL, baseline; BOR, best overall response; (c)CR, (confirmed) complete response; (c)PR, (confirmed) partial response; PD, progressive disease; RECIST, Response Evaluation Criteria in Solid Tumors; SD, stable disease.

Anzu-cel induced systemic anti-tumor activity across multiple metastatic sites, including difficult-to-treat metastases, such as liver, lung, lymph node, abdomen/peritoneum, skin and others. Even patients who had a best overall response of progressive disease (PD) according to RECIST 1.1 (n=3) experienced shrinkage of individual lesions. Progressive disease was frequently the result of new lesions, progression of non-target lesions, or selective outgrowths of individual lesions, while many target lesions remained controlled, indicating continued control of baseline disease. Responses occurred rapidly (median time to BOR: 1.4 months) and were durable across multiple metastatic sites, including target and non-target lesions.

These findings support the continued development of anzu-cel in advanced melanoma. Immatics’ ongoing Phase 3 clinical trial, SUPRAME, is evaluating the efficacy, safety and tolerability of anzu-cel PRAME TCR T-cell therapy as a monotherapy vs. investigator's choice in patients with unresectable or metastatic cutaneous melanoma who have received prior treatment with a PD-1 immune checkpoint inhibitor.

In parallel, a Phase 2 cohort in metastatic uveal melanoma is ongoing and intended to support a potential label expansion for anzu-cel following expected initial approval in cutaneous melanoma.

About PRAME
PRAME is a target expressed in more than 50 cancers. Immatics is the global leader in precision targeting of PRAME and has the broadest PRAME franchise with the most PRAME indications and modalities. The Immatics PRAME franchise currently includes three product candidates, two therapeutic modalities and three combination therapies that target PRAME: anzu-cel (anzutresgene autoleucel, IMA203) PRAME cell therapy, IMA203CD8 PRAME cell therapy, IMA402 PRAME bispecific as monotherapy, in combination with immune checkpoint inhibitors, in combination with IMA401 MAGEA4/8 bispecific as well as anzu-cel in combination with Moderna’s PRAME mRNA designed to enhance cell therapy.

About Anzu-cel PRAME Cell Therapy
Anzu-cel (anzutresgene autoleucel; IMA203) is a PRAME-directed TCR T-cell therapy engineered to recognize an intracellular PRAME-derived peptide presented by HLA-A*02:01 on the cell surface and initiate a potent and specific anti-tumor response. Anzu-cel PRAME cell therapy is currently being evaluated in a registration-enabling randomized controlled Phase 3 trial, “SUPRAME,” in patients with unresectable or metastatic cutaneous melanoma who have disease progression on or after treatment with at least one checkpoint inhibitor. In parallel, the Phase 1/2 clinical trial is ongoing with a focus on uveal melanoma.

About Immatics
Immatics is committed to making a meaningful impact on the lives of patients with cancer. We are the global leader in precision targeting of PRAME, a target expressed in more than 50 cancers. Our cutting-edge science and robust clinical pipeline form the broadest PRAME franchise with the most PRAME indications and modalities, spanning TCR T-cell therapies and TCR bispecifics.

Immatics intends to use its website www.immatics.com as a means of disclosing material non-public information. For regular updates you can also follow us on LinkedIn and Instagram.

Forward-Looking Statements
Certain statements in this press release may be considered forward-looking statements. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. For example, statements concerning timing of data read-outs for product candidates, observations from the Company’s clinical trials, the timing, outcome and design of clinical trials, the nature of clinical trials (including whether such clinical trials will be registration-enabling), the timing of IND, CTA or BLA filings, estimated market opportunities of product candidates, the Company’s focus on partnerships to advance its strategy, and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “plan”, “target”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Immatics and its management, are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, various factors beyond management's control including general economic conditions and other risks, uncertainties and factors set forth in the Company’s Annual Report on Form 20-F and other filings with the Securities and Exchange Commission (SEC). Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company undertakes no duty to update these forward-looking statements. All the scientific and clinical data presented within this press release are – by definition prior to completion of the clinical trial and a clinical study report – preliminary in nature and subject to further quality checks including customary source data verification.

For more information, please contact:

Media
Trophic Communications
Phone: +49 151 7441 6179
immatics@trophic.eu

Immatics N.V.
Jordan Silverstein
Head of Strategy
Phone: +1 346 319-3325
InvestorRelations@immatics.com

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FAQ

What clinical results did Immatics (NASDAQ: IMTX) report for anzu-cel at ASCO 2026?

Immatics reported that anzu-cel achieved a 56% confirmed overall response rate with 14.6-month median duration of response. According to Immatics, median progression-free survival was 6.1 months and median overall survival 16.2 months in heavily pretreated metastatic melanoma patients treated at the recommended Phase 2 dose.

How effective is anzu-cel (IMA203) in advanced metastatic melanoma patients?

Anzu-cel showed notable activity, with 64% overall response rate and 91% disease control rate across all melanoma patients. According to Immatics, 42% of patients experienced deep responses of at least 50% tumor reduction, and responses were rapid, with median time to best response of 1.4 months.

What were the anzu-cel results specifically in uveal melanoma reported by Immatics (IMTX)?

In metastatic uveal melanoma, anzu-cel achieved a 67% confirmed overall response rate and 69% overall response rate. According to Immatics, median duration of response was 11.0 months, median progression-free survival 8.5 months, and median overall survival had not been reached at a median follow-up of 14.3 months.

What side effects and safety profile were observed with anzu-cel PRAME TCR T-cell therapy?

Anzu-cel showed a predictable and manageable tolerability profile across melanoma subtypes. According to Immatics, common events were expected cytopenias from lymphodepletion, mostly grade 1–2 cytokine release syndrome, and infrequent, mainly mild ICANS, with no patients experiencing long-term CRS during the Phase 1b trial.

When could Immatics file a BLA for anzu-cel and what trial supports it?

Immatics plans a Biologics License Application for anzu-cel in the first half of 2027. According to Immatics, the ongoing SUPRAME Phase 3 trial in unresectable or metastatic cutaneous melanoma is intended to support initial approval, with a Phase 2 uveal melanoma cohort for potential label expansion.

What patient population was included in the anzu-cel Phase 1b trial presented in June 2026?

The trial enrolled 33 heavily pretreated patients with stage IV metastatic melanoma across cutaneous, uveal, mucosal and unknown primary subtypes. According to Immatics, patients had a median of two prior systemic therapies, and cutaneous melanoma patients had a median 2.5 prior systemic treatment lines, often including checkpoint inhibitors.

How durable were responses to anzu-cel in the Phase 1b melanoma study?

Responses to anzu-cel were durable, with median duration of response of 14.6 months across all melanoma patients. According to Immatics, responders included patients with durable benefit beyond three years, and those with deep responses showed median progression-free survival of 15.9 months at 39.6 months median follow-up.