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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.

INmune Bio Inc. (NASDAQ: INMB) is a clinical-stage biotechnology company focused on developing novel immunotherapies that leverage the body’s innate immune system to fight cancer and other diseases. The company has a robust pipeline of product candidates, including INKmune™, INB03™, XPro™, and LIVNate™.

The company’s leading product, INKmune™, is designed to prime a patient’s natural killer (NK) cells to target and eliminate cancer cells that remain after initial treatment, thereby preventing relapse. By enhancing the functionality of NK cells, INKmune™ aims to boost the body’s ability to control residual disease, potentially extending patient survival.

INmune Bio’s INB03™ is a dominant-negative tumor necrosis factor (DN-TNF) inhibitor targeting high-risk breast cancers expressing MUC4 and triple-negative breast cancer (TNBC). Recent data presented at the American Association of Cancer Research in San Diego highlighted INB03™’s potential to decrease T cell and macrophage immune checkpoint proteins and reduce the metastatic potential of TNBC.

The company has also achieved significant milestones with XPro™, a treatment for Alzheimer’s Disease. INmune Bio recently announced the successful completion of the extended stability validation for continuous storage of XPro™ in solution, confirming its 24-month stability. The company is preparing for Phase III trials and commercial applications, leveraging established global distribution systems.

In addition, INmune Bio has entered into definitive agreements for the sale and purchase of nearly 1 million shares of its common stock and warrants, generating gross proceeds of approximately $9.7 million. These funds are earmarked to support ongoing clinical trials, including the Phase 2 trial for Alzheimer’s Disease and the Phase 1 trial for metastatic castration-resistant prostate cancer (mCRPC) using INKmune™.

The company’s management has focused on ensuring the safety and efficacy of their treatments. Recently, INKmune™ has shown promising results in initial clinical trials for mCRPC, with no significant adverse events reported, and approvals to proceed with further dosing cohorts.

For investors and stakeholders, INmune Bio provides a unique investment opportunity, combining cutting-edge science with a commitment to improving patient outcomes through innovative immunotherapy solutions. For more information, visit www.inmunebio.com.

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INmune Bio Inc. (NASDAQ: INMB), a clinical-stage immunology company, has announced its upcoming second quarter 2024 financial results and corporate update conference call. The event is scheduled for Thursday, August 1, 2024, at 4:30 PM EDT. Investors and interested parties can participate via phone or live audio webcast. The call will cover results for the quarter ended June 30, 2024, and provide insights into the company's current operations and future plans. A replay of the call will be available until August 8, 2024, and a transcript will be provided approximately 24 hours after the scheduled call.

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INmune Bio Inc. (NASDAQ: INMB) has published a landmark paper in the Journal for ImmunoTherapy of Cancer, detailing the biology of their Natural Killer cancer immunotherapy, INKmune™. The study demonstrates that memory-like natural killer (mlNK) cells, generated by either cytokine or INKmune™ priming, show increased cytotoxicity against multiple tumor types. Notably, mlNK cells from cancer patients are as potent as those from healthy volunteers, supporting INKmune's in vivo treatment approach.

The research provides insights into NK cell memory mechanisms, potentially leading to innovative treatments for hematological malignancies and solid tumors. INKmune™ priming increases proteins that protect NK cells in the tumor microenvironment, which is promising for their ongoing clinical trial in metastatic castration-resistant prostate cancer. The study also demonstrates in vivo generation of mlNK cells and their enhanced metabolic function, suggesting improved performance in the tumor microenvironment.

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INmune Bio (NASDAQ: INMB) has completed a blinded interim analysis of its Phase II Alzheimer’s Disease (AD) trial, AD02. The trial uses the Early Mild Alzheimer’s Cognitive Composite (EMACC) as its primary endpoint. The analysis, conducted by third-party statisticians and neuropsychologists, confirmed the trial’s design, operational execution, and data management are of high quality. The interim results showed no need to change the trial design or sample size, reinforcing the EMACC's suitability in measuring cognitive changes in early AD. EMACC was chosen for its objective and validated cognitive measures, previously demonstrated in Biogen studies, and its strong association with biological markers of inflammation. Dr. CJ Barnum, VP of Neuroscience, endorsed the positive findings, along with consultants Dr. Paul Maruff and Dr. Judith Jaeger, citing the EMACC’s high acceptability and reliability in detecting cognitive changes in patients with early AD.

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INmune Bio (NASDAQ: INMB), a clinical-stage inflammation and immunology company, will join the Russell 3000® Index following the 2024 Russell US Indexes annual reconstitution. Effective July 1, the inclusion is based on market capitalization rankings as of April 30. This membership also means automatic inclusion in either the Russell 1000® or Russell 2000® Index, and relevant growth and value style indexes, lasting one year. CEO Dr. Raymond J. Tesi believes this will boost the company's visibility and attract more investors. The Russell indexes, used by investment managers for benchmark strategies, reflect $10.5 trillion in assets.

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INmune Bio Inc. announced its first-quarter 2024 financial results and provided a business update, highlighting milestones in their DN-TNF, INB03 cancer, and INKmune platforms. The company raised $14.5 million in equity capital, completed the first dosing in a Phase I/II trial of INKmune for mCRPC, and disclosed a net loss of $11.0 million for the quarter ended March 31, 2024.

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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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FAQ

What is INmune Bio Inc.'s primary focus?

INmune Bio Inc. focuses on developing immunotherapies that enhance the innate immune system to treat cancer and other diseases.

What is INKmune™?

INKmune™ is INmune Bio's lead product designed to prime a patient’s NK cells to eliminate residual cancer cells, preventing relapse.

What recent achievements has INmune Bio reported?

Recent achievements include positive data presentations for INB03™, the extended stability validation of XPro™, and successful funding through stock and warrant sales.

What is the significance of INB03™?

INB03™ is a DN-TNF inhibitor showing potential in treating high-risk MUC4 expressing HER2+ and triple-negative breast cancer, reducing metastatic potentials.

How does INmune Bio plan to use the recent funding?

The recent funding will support ongoing clinical trials for Alzheimer's Disease and metastatic castration-resistant prostate cancer using XPro™ and INKmune™, respectively.

What are the key components of INmune Bio’s product platforms?

INmune Bio's product platforms include the DN-TNF platform (INB03™, XPro™) and the Natural Killer Cell Priming Platform (INKmune™).

What ongoing clinical trials are INmune Bio conducting?

INmune Bio is conducting trials for INKmune™ in metastatic castration-resistant prostate cancer and XPro™ in Alzheimer's Disease.

How does INKmune™ work?

INKmune™ works by priming the patient’s NK cells to attack and kill tumor cells, improving the body’s ability to control residual disease.

Is INmune Bio’s technology approved by the FDA?

No, INmune Bio’s products like INKmune™, INB03™, and XPro™ are still in clinical trials and have not been approved by the FDA.

How can investors get more information about INmune Bio?

Investors can visit INmune Bio’s official website at www.inmunebio.com for more detailed information and updates.

INmune Bio, Inc.

Nasdaq:INMB

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INMB Stock Data

170.13M
19.78M
32.2%
14.94%
10.08%
Research and Development in Biotechnology
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