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Inmune Bio Stock Price, News & Analysis

INMB NASDAQ

Company Description

INmune Bio Inc. (NASDAQ: INMB) is a publicly traded, clinical-stage biotechnology company focused on developing treatments that target the innate immune system to fight disease. The company describes itself as an inflammation and immunology business, with product platforms designed to address diseases driven by chronic inflammation and cancer by modulating innate immune dysfunction.

According to company disclosures, INmune Bio organizes its pipeline around three main product platforms. The Dominant-Negative Tumor Necrosis Factor (DN‑TNF) platform utilizes dominant-negative technology to selectively neutralize soluble tumor necrosis factor (sTNF), a key driver of innate immune dysfunction and a mechanistic driver of many diseases. Product candidates from this platform, branded as XPro™ or XPro1595 (also referred to as pegipanermin), are in clinical development for neurological diseases driven by chronic inflammation, including early Alzheimer’s disease with evidence of neuroinflammation and other indications described in company communications.

The second major platform is CORDStrom™, a patent-pending cell medicine platform comprising aseptic, allogeneic, pooled human umbilical cord‑derived mesenchymal stromal cells (hucMSCs) in suspension for injection or infusion. INmune Bio states that the CORDStrom™ platform leverages proprietary screening, pooling and expansion techniques to create off‑the‑shelf, allogeneic pooled hucMSCs as medicines to treat complex inflammatory, degenerative and autoimmune diseases. CORDStrom™ products are described as high‑quality, off‑the‑shelf, batch‑to‑batch consistent, scalable, cGMP‑manufactured cellular medicines that can be produced with repeatable specifications independent of donor characteristics. The company reports that CORDStrom™ has completed a blinded randomized trial in recessive dystrophic epidermolysis bullosa (RDEB) and is being advanced toward regulatory filings, including a planned Marketing Authorization Application (MAA) in the United Kingdom and a Biologics License Application (BLA) in the United States for RDEB.

INmune Bio’s third platform is INKmune®, described as a pharmaceutical‑grade, replication‑incompetent human tumor cell line that conjugates to resting natural killer (NK) cells. The company reports that INKmune® delivers multiple priming signals to convert a cancer patient’s resting NK cells into tumor‑killing memory‑like NK cells (mlNK cells). In clinical experience disclosed by the company, INKmune®‑primed tumor‑killing NK cells have persisted for more than 100 days in patients. INKmune® is being evaluated in an open‑label Phase I/II trial in men with metastatic castration‑resistant prostate cancer (mCRPC), referred to as the CaRe PC trial, where the company has reported that the trial met its primary and certain secondary endpoints and has been closed to further enrollment.

Within its DN‑TNF platform, INmune Bio emphasizes XPro™ as a selective soluble TNF neutralizer that preserves trans‑membrane TNF (tmTNF) and TNF‑receptor signaling. By selectively neutralizing sTNF, XPro™ is intended to restore healthier innate immune function without the immunosuppressive liabilities associated with traditional non‑selective TNF inhibitors, according to company descriptions. The company has highlighted Phase 2 MINDFuL trial data in early Alzheimer’s disease patients with inflammatory biomarkers, including analyses in a biomarker‑defined subgroup (referred to as the ADi population) and neuroimaging results using advanced MRI‑based measures of cortical microstructure. INmune Bio has also reported that XPro™ is being studied in other neurologic and psychiatric indications in its communications and has discussed plans for regulatory interactions such as an end‑of‑Phase 2 meeting.

The CORDStrom™ platform is positioned by INmune Bio as a systemic cell therapy approach for RDEB and potentially other debilitating conditions. Company materials describe CORDStrom™ as an off‑the‑shelf, allogeneic umbilical cord tissue‑derived mesenchymal stromal cell therapy that has shown promising results in a blinded randomized Phase 2 trial in RDEB, including reported improvements in measures such as itch, pain, wound scores and quality of life, as summarized in company news. INmune Bio has also reported the successful completion of pilot‑scale commercial manufacturing runs of CORDStrom™ at a cell and gene therapy manufacturing center in the United Kingdom, which the company views as an important step toward large‑scale, commercial‑ready production and future regulatory submissions.

For INKmune®, INmune Bio describes the therapy as a patient‑friendly NK cell–priming treatment delivered by simple intravenous infusion in an outpatient setting. The company states that INKmune® does not require pre‑medication, conditioning, or additional cytokine therapy, and that it is tumor‑agnostic, with potential application to multiple NK‑resistant tumor types. In the CaRe PC trial in metastatic castration‑resistant prostate cancer, INmune Bio has reported that INKmune™ was well tolerated at all three dose levels and that patients with low NK cell activation at baseline showed the greatest improvements in NK cell activation biomarkers, helping to define a target population for future trials.

INmune Bio is incorporated in Nevada and lists its principal executive offices in Boca Raton, Florida in SEC filings. Its common stock, with a par value of $0.001 per share, trades on The Nasdaq Stock Market LLC under the symbol INMB. As a clinical‑stage company, INmune Bio reports that its product candidates, including CORDStrom™, XPro1595 (XPro™, pegipanermin) and INKmune®, have not been approved by the U.S. Food and Drug Administration or other regulatory authorities, and that there can be no assurance that they will be approved or achieve specific clinical outcomes.

INmune Bio’s public communications and SEC filings also highlight its use of a precision medicine approach across its platforms, focusing on biologically defined patient subgroups such as individuals with Alzheimer’s disease and high inflammatory burden or cancer patients with specific NK cell functional profiles. The company emphasizes that its programs are in various stages of clinical development and that it is engaged in ongoing research, regulatory interactions, and manufacturing scale‑up activities to advance its pipeline.

Stock Performance

$—
0.00%
0.00
Last updated:
-82.75%
Performance 1 year
$41.5M

Financial Highlights

$14,000
Revenue (TTM)
-$42,082,000
Net Income (TTM)
-$33,361,000
Operating Cash Flow
-300,585.71%
-304,535.71%

Upcoming Events

MAY
01
May 1, 2026 - August 31, 2026 Regulatory

MAA submission

Planned Marketing Authorization Application submission for CORDStrom
MAY
01
May 1, 2026 - August 31, 2026 Regulatory

MAA and BLA filings

Filing MAA and BLA applications for CORDStrom™ in RDEB
JUN
01
June 1, 2026 - August 31, 2026 Regulatory

MAA submission to MHRA

Planned MAA submission to UK MHRA for CORDStrom (mid-summer 2026)
JUL
01
July 1, 2026 - December 31, 2026 Regulatory

US BLA filing

Submission of Biologics License Application for CORDStrom in the US
SEP
01
September 1, 2026 - December 31, 2026 Regulatory

BLA submission to FDA

Targeted BLA submission to FDA for CORDStrom; timelines subject to feedback

Short Interest History

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Frequently Asked Questions

What is the current stock price of Inmune Bio (INMB)?

The current stock price of Inmune Bio (INMB) is $1.59 as of January 30, 2026.

What is the market cap of Inmune Bio (INMB)?

The market cap of Inmune Bio (INMB) is approximately 41.5M. Learn more about what market capitalization means .

What is the revenue (TTM) of Inmune Bio (INMB) stock?

The trailing twelve months (TTM) revenue of Inmune Bio (INMB) is $14,000.

What is the net income of Inmune Bio (INMB)?

The trailing twelve months (TTM) net income of Inmune Bio (INMB) is -$42,082,000.

What is the earnings per share (EPS) of Inmune Bio (INMB)?

The diluted earnings per share (EPS) of Inmune Bio (INMB) is -$2.11 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Inmune Bio (INMB)?

The operating cash flow of Inmune Bio (INMB) is -$33,361,000. Learn about cash flow.

What is the profit margin of Inmune Bio (INMB)?

The net profit margin of Inmune Bio (INMB) is -300,585.71%. Learn about profit margins.

What is the operating margin of Inmune Bio (INMB)?

The operating profit margin of Inmune Bio (INMB) is -304,535.71%. Learn about operating margins.

What is the current ratio of Inmune Bio (INMB)?

The current ratio of Inmune Bio (INMB) is 3.14, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the operating income of Inmune Bio (INMB)?

The operating income of Inmune Bio (INMB) is -$42,635,000. Learn about operating income.

What does INmune Bio Inc. do?

INmune Bio Inc. is a publicly traded, clinical-stage biotechnology company that focuses on developing treatments targeting the innate immune system to fight disease. The company describes its work as centered on inflammation and immunology, with product platforms aimed at diseases driven by chronic inflammation and cancer.

What are INmune Bio’s main product platforms?

INmune Bio reports three main product platforms: the Dominant-Negative Tumor Necrosis Factor (DN-TNF) platform, which includes XPro™ (XPro1595, pegipanermin); the CORDStrom™ platform, a pooled human umbilical cord-derived mesenchymal stromal cell (hucMSC) cell therapy; and the INKmune® platform, which primes a patient’s natural killer cells to become tumor-killing memory-like NK cells.

What is XPro™ and how is it described by the company?

XPro™ (also referred to as XPro1595 or pegipanermin) is described by INmune Bio as a next-generation inhibitor of tumor necrosis factor (TNF) that selectively neutralizes soluble TNF (sTNF) while preserving trans-membrane TNF (tmTNF) and TNF-receptor signaling. The company states that XPro™ is in clinical development for neurological diseases driven by chronic inflammation, including early Alzheimer’s disease with elevated inflammatory biomarkers.

What is the CORDStrom™ platform?

According to INmune Bio, CORDStrom™ is a patent-pending cell medicine platform comprising aseptic, allogeneic, pooled human umbilical cord-derived mesenchymal stromal cells (hucMSCs) in suspension for injection or infusion. The platform uses proprietary screening, pooling and expansion techniques to create off-the-shelf pooled hucMSCs intended to treat complex inflammatory, degenerative and autoimmune diseases, and has completed a blinded randomized trial in recessive dystrophic epidermolysis bullosa (RDEB).

What is INKmune® and what indication is it being studied in?

INKmune® is described as a pharmaceutical-grade, replication-incompetent human tumor cell line that conjugates to resting natural killer (NK) cells and delivers priming signals to convert them into tumor-killing memory-like NK cells. INmune Bio reports that INKmune® is being evaluated in an open-label Phase I/II trial in men with metastatic castration-resistant prostate cancer (mCRPC), known as the CaRe PC trial, which has met its primary and certain secondary endpoints and is closed to further enrollment.

On which exchange does INmune Bio’s stock trade and what is the ticker symbol?

INmune Bio Inc.’s common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on The Nasdaq Stock Market LLC. The company’s ticker symbol is INMB, as disclosed in its SEC filings.

How does INmune Bio describe its approach to treating disease?

INmune Bio describes its approach as targeting the innate immune system to fight disease, with an emphasis on precision medicine. Company materials highlight a focus on biologically defined patient subgroups, such as Alzheimer’s disease patients with high inflammatory burden or cancer patients with specific NK cell functional profiles, and on modulating innate immune dysfunction through platforms like DN-TNF, CORDStrom™ and INKmune®.

Has INmune Bio received regulatory approval for its product candidates?

INmune Bio states in its public communications that its product candidates, including CORDStrom™, XPro1595 (XPro™, pegipanermin) and INKmune®, have either finished clinical trials, are still in clinical trials or are preparing to start clinical trials, and that they have not been approved by the U.S. Food and Drug Administration or any regulatory body. The company notes that there can be no assurance that these candidates will be approved or achieve specific results.

What disease areas is INmune Bio focusing on with XPro™?

Company news and descriptions indicate that XPro™ is being developed for neurological diseases driven by chronic inflammation. INmune Bio has reported Phase 2 MINDFuL trial data in patients with early Alzheimer’s disease and elevated inflammatory biomarkers and has referenced additional neurologic and psychiatric indications in its communications.

What progress has INmune Bio reported for the CORDStrom™ program in RDEB?

INmune Bio has reported that CORDStrom™ completed a blinded randomized trial in recessive dystrophic epidermolysis bullosa (RDEB), with company summaries noting promising results in measures such as itch, pain, wound scores and quality of life. The company has also announced successful pilot commercial manufacturing runs at a cell and gene therapy manufacturing center in the United Kingdom and has stated plans to pursue a Marketing Authorization Application in the UK and a Biologics License Application in the US for CORDStrom™ in RDEB.