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INmune Bio Inc. - $INMB STOCK NEWS

Welcome to our dedicated page for INmune Bio news (Ticker: $INMB), a resource for investors and traders seeking the latest updates and insights on INmune Bio stock.

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INmune Bio Inc. will report its first quarter 2024 financial results and provide a corporate update on May 9. The clinical-stage immunology company is focused on developing treatments leveraging a patient's innate immune system to combat diseases. A conference call and webcast will be hosted at 4:30 PM ET on the same day.

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INmune Bio Inc. provides an update on two patients from the Phase 1b Alzheimer’s Disease Trial who have been receiving XPro™ for over three years under the Australian compassionate use program. Both patients have shown stable cognitive function and a desire to continue treatment. The long-term administration of XPro™ has been safe and well-tolerated, according to primary care physicians.

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INmune Bio Inc., a clinical-stage immunology company, has completed the first cohort and initiated the second cohort of a Phase 1/2 study of INKmune™ Natural Killer Cell Therapy for metastatic castration-resistant prostate cancer. The company is encouraged by the safety and efficacy of the therapy, with approval granted to proceed with the second dose level. Prof. Mark Lowdell Ph.D., CSO of INmune Bio, highlights the potential of INKmune to transform resting NK cells into cancer-killing cells, offering a promising therapy for prostate cancer patients.

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INmune Bio Inc. announced a $9.7 million Registered Direct Offering priced At-the-Market under Nasdaq Rules. The offering includes 986,000 shares of common stock and warrants at $9.84 per share, with an acceleration clause tied to positive Phase 2 Alzheimer's Disease program data. The gross proceeds are around $9.7 million before fees.
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INmune Bio, Inc. announces the successful 24-month stability validation of XPro™, a key step towards Phase III readiness and commercial supply chain development. The company also developed a novel immunogenicity assay for XPro™, addressing potential false positive readings. The 24-month stability data allows for the use of a global distribution system, essential for future Phase III and commercial applications.
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INmune Bio Inc. raised approximately $4.8 million in gross proceeds through a registered direct offering, with officers, employees, and directors purchasing about 20% of the offering. The Company entered into definitive agreements for the sale and purchase of 571,592 shares of its common stock with above-market warrant exercise prices. The offering was priced at $8.32 per share, with warrants giving investors the right to purchase additional shares at $9.152. The gross proceeds are expected to be $4.8 million before expenses.
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INmune Bio, Inc. presents data on the use of INB03, a dominant-negative TNF inhibitor, in high-risk breast cancer at AACR. INB03 shows promising results in decreasing tumor growth, promoting T cell infiltration, and reprogramming macrophages. The study highlights the potential of INB03 to enhance immune response and prevent metastasis in TNBC.
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INmune Bio Inc. announces financial results for 2023, highlighting progress in AD02 program for Early Alzheimer's Disease and INB03 cancer platform. The company reports positive data on XPro™ treatment for AD patients and improvements in T-DXd potency for HER2+ breast cancer. INKmune™ platform shows promising results in mCRPC trials, with plans for expansion into other solid tumors. Mark Lowdell's research on NK cell dysfunction and its role in carcinogenesis is also noted. Upcoming milestones include Phase II trials for XPro™ in neuroinflammation and Treatment-Resistant Depression, as well as progress in mCRPC trials.
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INmune Bio Inc. (NASDAQ: INMB) will host a conference call to discuss its fourth-quarter results and provide a corporate update on March 28, 2024, at 4:30 PM Eastern Time.
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INmune Bio Inc. (NASDAQ: INMB) announces that its Chief Scientific Officer, Dr. Mark Lowdell, has been awarded the Career Achievement Award in Cell and Gene Therapy by the International Society for Cell & Gene Therapy (ISCT). Dr. Lowdell's 30+ years of expertise in translational immunotherapy have led to the development of innovative cell-based therapies, including INmune Bio's INKmune cancer immunotherapy.
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INmune Bio Inc.

Nasdaq:INMB

INMB Rankings

INMB Stock Data

220.93M
11.74M
34.91%
13.83%
8.47%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
BOCA RATON

About INMB

inmune bio inc. is a clinical stage immuno-oncology company focused on harnessing the patient’s immune system to treat cancer. inkmune, the company’s lead product, primes patient’s nk cells (natural killer cells) to kill cancer. inmune is targeting residual disease, the cancer cells that survive initial treatments that return to cause the cancer relapse. by controlling residual disease, patients may live longer. using a novel mechanism of action and a precision medicine approach, inkmune therapy should enhance nk cells’ ability to eliminate residual disease.