Welcome to our dedicated page for Immunic news (Ticker: IMUX), a resource for investors and traders seeking the latest updates and insights on Immunic stock.
Immunic, Inc. (Nasdaq: IMUX) generates frequent news as a late-stage biotechnology company advancing oral small molecule therapies for neurologic, gastrointestinal, and other chronic inflammatory and autoimmune diseases. Most company updates center on its lead asset, vidofludimus calcium (IMU-838), and the progression of multiple sclerosis clinical programs, as well as emerging data from its gastrointestinal pipeline candidates.
News items commonly highlight clinical trial milestones, such as completion of enrollment in the twin phase 3 ENSURE trials in relapsing multiple sclerosis, new long-term open-label extension data from the phase 2 EMPhASIS trial in relapsing-remitting multiple sclerosis, and detailed results from the phase 2 CALLIPER trial in progressive multiple sclerosis. Releases also cover scientific presentations at major congresses, including oral and poster presentations at the European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS), neuroimmunology meetings, and gastroenterology conferences.
Investors following IMUX news will also see intellectual property developments, such as Notices of Allowance from the U.S. Patent and Trademark Office for patents protecting vidofludimus calcium dose strengths and other aspects of its use in multiple sclerosis. Corporate updates regularly include financing announcements, quarterly financial results, and commentary on cash resources to support ongoing and planned studies.
For Immunic’s broader pipeline, news coverage includes analyses of IMU-856 in celiac disease and other gastrointestinal disorders, preclinical and early clinical findings related to intestinal barrier function and gut hormone levels, and the status of IMU-381 in preclinical testing. This news page aggregates these developments so readers can review clinical data readouts, conference participation, financing events, and regulatory and IP updates related to IMUX in one place.
Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company, will participate in several investor and scientific conferences during November and December 2022. Key events include:
- November 17: A webcast discussing multiple sclerosis research and vidofludimus calcium development at 11:00 am ET.
- December 1: Fireside chat at the Piper Sandler Healthcare Conference at 12:30 pm ET.
- November 29 - December 2: Presentations at various conferences, including a poster on IMU-856 in Perth, Australia.
For more details, visit www.imux.com.
Immunic, Inc. (Nasdaq: IMUX) reported a net loss of approximately $21.2 million for Q3 2022, a loss of $0.69 per share, compared to $19.3 million the previous year. Cash and equivalents totaled $72.8 million as of September 30, 2022, bolstered by a $60 million private placement in October. The interim analysis of the phase 1b trial for IMU-935 in psoriasis showed no significant benefit over placebo. Despite this, Immunic remains optimistic about the drug's potential. They also reported positive results for IMU-856 and are advancing their phase 2 CALLIPER trial for IMU-838 in multiple sclerosis.
Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company, will announce its financial results for Q3 2022 on November 3, 2022, before U.S. market opening. The announcement will include a corporate update, followed by a webcast at 8:00 am ET. Immunic is focused on developing selective oral immunology therapies targeting chronic inflammatory and autoimmune diseases, with key products in its pipeline, including IMU-838 for multiple sclerosis and IMU-935 targeting psoriasis.
Immunic, Inc. (Nasdaq: IMUX) announced the results of an interim analysis from its Phase 1b clinical trial of IMU-935 for moderate-to-severe psoriasis. The analysis revealed that the treatment arms did not significantly outperform a high placebo response at four weeks. While no new safety signals were identified, the unexpected high placebo rates were disappointing and will require further investigation. Despite this, the company remains optimistic about IMU-935's potential and will continue its development, with cash reserves expected to fund operations into Q4 2024.
Immunic, Inc. (Nasdaq: IMUX) announced a $60 million PIPE financing agreement to issue 8,696,552 shares at $4.35 per share and 5,096,552 Pre-Funded Warrants at $4.34 each. The deal, with participation from notable investors, is set to close on October 12, 2022. Proceeds will fund clinical development for leading candidates IMU-838, IMU-935, and IMU-856, enhancing Immunic's pipeline for chronic inflammatory and autoimmune diseases. The company also anticipates initial clinical activity data for IMU-935 in psoriasis later this month.
Immunic, Inc. (Nasdaq: IMUX), a biopharmaceutical company focusing on oral immunology therapies for chronic inflammatory diseases, will participate in several conferences in October 2022. Key events include the 30th UEG Week in Vienna (Oct 8-11), where its clinical team will attend; the International Celiac Disease Symposium in Italy (Oct 19-22), featuring a presentation on IMU-856; and BIO-Europe 2022 in Leipzig (Oct 24-26). Additionally, data from the phase 2 trial of vidofludimus calcium (IMU-838) will be presented at ECTRIMS in Amsterdam (Oct 26-28). More details can be found on their website.
Immunic, Inc. (Nasdaq: IMUX) announced favorable results from its Phase 1 clinical trial of IMU-856, indicating a positive safety, tolerability, and pharmacokinetic profile. The trial included single ascending doses (SAD) and multiple ascending doses (MAD) in healthy subjects, where no maximum tolerated dose was reached, and no serious adverse events occurred. The trial is ongoing with patients suffering from celiac disease. Results showed stable plasma concentrations and support the potential of IMU-856 as a first-in-class oral therapy for celiac disease and other gastrointestinal conditions.
Immunic, Inc. (Nasdaq: IMUX) announced its participation in several investor conferences throughout September 2022. Key events include the Citi's 17th Annual BioPharma Conference on September 7-8 in Boston, where CEO Daniel Vitt and Head of Investor Relations Jessica Breu will attend. The Wells Fargo 2022 Healthcare Conference will feature Dr. Vitt in a fireside chat on September 9 at 9:45 am EDT, with a live broadcast available on the company's website. Additionally, Breu will present at the 2022 Ladenburg Thalmann Healthcare Conference on September 29 at 1:00 pm EDT in New York.
Immunic, Inc. (NASDAQ: IMUX) announced receipt of a Notice of Allowance from the USPTO for its patent application 16/646130, covering the composition-of-matter of IMU-856. This patent is expected to provide protection until at least 2038. The license for IMU-856 was acquired from Daiichi Sankyo in 2020. The drug targets intestinal barrier function, aiming to treat gastrointestinal diseases. A phase 1 clinical trial for IMU-856 in celiac disease has commenced, with safety data expected in Q3 2022. This milestone enhances Immunic's intellectual property portfolio.
Immunic (Nasdaq: IMUX) announced its financial results for Q2 2022 and provided updates on its clinical programs. The company reported a net loss of $21.9 million for the quarter, with cash reserves of $88.1 million expected to sustain operations through Q4 2023. Key upcoming clinical milestones include initial activity results for IMU-935 in psoriasis expected in Q4 2022 and unblinded safety data for IMU-856 anticipated in Q3 2022. Immunic remains optimistic about the potential of vidofludimus calcium in multiple sclerosis despite previous challenges in ulcerative colitis trials.