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Innate Pharma Sa Stock Price, News & Analysis

IPHA NASDAQ

Company Description

Innate Pharma S.A. (IPHA) is a global, clinical-stage biotechnology company focused on developing immunotherapies for cancer patients. The company concentrates on antibody-engineering and innovative target identification to create next-generation antibody therapeutics. Innate Pharma’s shares trade on Euronext Paris under the ticker IPH and on Nasdaq in the United States under the ticker IPHA.

According to company disclosures, Innate Pharma develops therapeutic approaches that include monoclonal antibodies (mAbs), Antibody Drug Conjugates (ADCs) and multi-specific NK cell engagers built on its proprietary ANKET® (Antibody-based NK cell Engager Therapeutics) platform. The company describes its pipeline as a portfolio of differentiated potential first- and/or best-in-class assets in areas of high unmet medical need in oncology.

Core focus and pipeline

Innate Pharma reports that it is prioritizing investment in what it considers its highest-value clinical assets: IPH4502, lacunatab, and monalizumab (the latter partnered with AstraZeneca). In its public communications, Innate Pharma also highlights additional clinical and preclinical programs emerging from the ANKET® platform and collaborations.

The company states that its pipeline includes:

  • IPH4502, described as a differentiated Nectin-4 ADC in development in solid tumors.
  • Lacutamab, described as a first-in-class anti-KIR3DL2 monoclonal antibody developed in advanced forms of cutaneous T cell lymphomas and peripheral T cell lymphomas. Company materials note that lacutamab has been evaluated in the Phase 2 TELLOMAK trial in cutaneous T‑cell lymphoma, with a confirmatory Phase 3 trial (TELLOMAK‑3) in preparation.
  • Monalizumab, an anti‑NKG2A antibody developed in collaboration with AstraZeneca in non-small cell lung cancer, including evaluation in the Phase 3 PACIFIC‑9 trial run by AstraZeneca.
  • IPH6501, an ANKET® anti‑CD20 with IL‑2V in a Phase 1/2 trial in B‑cell non‑Hodgkin’s lymphoma.
  • IPH6101, an ANKET® anti‑CD123 program for which Innate Pharma reports it has regained rights from Sanofi.
  • IPH5201, an anti‑CD39 antibody developed in collaboration with AstraZeneca and evaluated in the MATISSE Phase 2 trial in neoadjuvant lung cancer.
  • IPH5301, an anti‑CD73 antibody studied in the investigator‑sponsored CHANCES Phase 1 trial.
  • IPH62, an NK‑cell engager program targeting B7‑H3 from the ANKET® platform, under preclinical development in collaboration with Sanofi.
  • SAR’514/IPH6401, a BCMA‑targeting ANKET® program that Sanofi has decided to pursue in autoimmune indications under an existing license agreement.

Earlier descriptions of Innate Pharma’s activities also reference the ANKET® platform as a proprietary technology for antibody-based NK cell engager therapeutics and list additional historical pipeline names such as IPH4502, lacutamab, monalizumab, IPH5201, IPH5301, IPH6101, IPH62, IPH6401 and IPH6501.

Business model and collaborations

Innate Pharma describes itself as a clinical-stage biotechnology company whose revenue results from payments received under research, collaboration and licensing agreements with pharmaceutical companies. Public information notes that collaboration and licensing revenue has been associated with agreements with partners including Sanofi and AstraZeneca.

The company states that it has established collaborations with leading biopharmaceutical companies, including Sanofi and AstraZeneca, as well as academic and research institutions. These collaborations are described as focused on advancing innovation in immuno-oncology and accelerating research and development based on Innate Pharma’s antibody-engineering expertise and ANKET® platform.

Geographic footprint and listings

Innate Pharma reports that it is headquartered in Marseille, France, with a US office in Rockville, Maryland. The company’s ordinary shares are listed on Euronext Paris (ticker: IPH), and American Depositary Shares are listed on Nasdaq in the US (ticker: IPHA). Company communications also reference an ISIN code FR0010331421 and a legal entity identifier (LEI) 9695002Y8420ZB8HJE29 for its securities.

Regulatory and clinical-stage profile

Innate Pharma repeatedly characterizes itself as a clinical-stage biotechnology company, emphasizing that its programs are in various stages of clinical and preclinical development. The company highlights regulatory designations for lacutamab, including Fast Track designation from the US Food and Drug Administration (FDA), PRIME designation from the European Medicines Agency (EMA) for Sézary syndrome, and Orphan Drug designations in the US and EU for cutaneous T‑cell lymphoma. Company materials also state that lacutamab has received Breakthrough Therapy Designation for Sézary syndrome.

Public updates describe multiple ongoing trials, such as Phase 1 and Phase 2 studies for IPH4502, lacutamab, and ANKET® assets, as well as the AstraZeneca‑run Phase 3 PACIFIC‑9 trial for monalizumab in unresectable Stage III non‑small cell lung cancer. These disclosures underline Innate Pharma’s focus on oncology indications with high unmet medical need.

Capital markets and investor information

Innate Pharma periodically publishes regulatory news on the number of shares outstanding and voting rights, in line with French market regulations. The company also releases a financial calendar outlining planned publication dates for financial statements and revenue updates, as well as the timing of its annual general shareholders meeting. In addition, Innate Pharma holds conference calls and webcasts to discuss business updates and financial results, and participates in investor conferences and dedicated analyst and investor events.

According to company statements, Innate Pharma has used tools such as an at‑the‑market (ATM) program for potential issuance of American Depositary Shares and has received equity investments from partners, including an equity investment by Sanofi under the terms of a collaboration agreement.

Sector and industry classification

Innate Pharma S.A. operates in the pharmaceutical preparation manufacturing industry within the broader manufacturing sector, with a specific focus on biotechnology and immuno-oncology. Its activities, as described in public disclosures, center on the research and development of antibody-based therapeutics and NK cell engager technologies for cancer treatment, rather than on large-scale commercial manufacturing.

FAQs about Innate Pharma S.A. (IPHA)

Stock Performance

$2.16
-0.46%
0.01
Last updated: May 15, 2026 at 19:47
-4.27%
Performance 1 year
$203.6M

Innate Pharma Sa (IPHA) stock last traded at $2.02, down 0.46% from the previous close. Over the past 12 months, the stock has lost 4.3%. At a market capitalization of $203.6M, IPHA is classified as a micro-cap stock with approximately 93.7M shares outstanding.

Latest News

Innate Pharma Sa has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 3 with negative movement. Key topics include earnings, conferences, clinical trial. View all IPHA news →

SEC Filings

Innate Pharma Sa has filed 5 recent SEC filings, including 5 Form 6-K. The most recent filing was submitted on May 13, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all IPHA SEC filings →

Financial Highlights

Innate Pharma Sa generated $50.0M in revenue over the trailing twelve months.

$50.0M
Revenue (TTM)
Net Income (TTM)
Operating Cash Flow

Upcoming Events

MAY
21
May 21, 2026 Corporate

Annual General Meeting

Annual General Shareholders Meeting; details and webcast on the investors section of company website
MAY
21
May 21, 2026 Marketing

Guided laboratory tour

Guided lab tour for shareholders at Marseille HQ at 09:15 CEST; registration per notice on Investors website.
MAY
21
May 21, 2026 Corporate

Annual General Meeting

AGM at Marseille HQ; live webcast and documents on company Investors website; notice published 2026-04-13; voting deadlines.
JUL
01
July 1, 2026 - December 31, 2026 Clinical

Start TELLOMAK-3 Phase 3

Initiation of confirmatory TELLOMAK-3 Phase 3 for lacutamab; subject to financing/partnerships
JUL
01
July 1, 2026 - December 31, 2026 Clinical

PACIFIC-9 readout

PACIFIC-9 (monalizumab) trial readout expected in H2 2026; timing TBC
JUL
01
July 1, 2026 - December 31, 2026 Clinical

TELLOMAK-3 Phase 3 start

Planned H2 2026 start of lacutamab TELLOMAK-3 Phase 3 CTCL trial; start contingent on non-dilutive financing.
JUL
01
July 1, 2026 - December 31, 2026 Clinical

PACIFIC-9 data readout

PACIFIC-9 Phase 3 fully enrolled; H2 2026 data readout expected, potential material impact on program valuation.
JUL
01
July 1, 2026 - December 31, 2026 Clinical

PACIFIC-9 data readout

Expected data release for monalizumab PACIFIC-9 trial
SEP
17
September 17, 2026 Earnings

Half-year financials

Publication of half-year 2026 financial statements; released before market opens CET; investors page
SEP
30
September 30, 2026 Financial

Cash runway end

Company anticipates cash runway to end of Q3 2026; may require financing

Innate Pharma Sa has 12 upcoming scheduled events. The next event, "Annual General Meeting", is scheduled for May 21, 2026 (in 4 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the IPHA stock price.

Short Interest History

Last 12 Months

Short interest in Innate Pharma Sa (IPHA) currently stands at 64.2 thousand shares, down 9.9% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has increased by 14.2%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Innate Pharma Sa (IPHA) currently stands at 2.3 days, down 27.2% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has decreased 56.8% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 15.2 days.

IPHA Company Profile & Sector Positioning

Innate Pharma Sa (IPHA) operates in the Biotechnology industry within the broader Healthcare sector and is listed on the NASDAQ. In monthly performance, the stock ranks #65 among all tracked companies.

Investors comparing IPHA often look at related companies in the same sector, including NeOnc Technologies Holdings Inc (NTHI), C4 Therapeutics, Inc. (CCCC), Elicio Therapeutics, Inc. (ELTX), Enanta Pharmaceuticals Inc (ENTA), and Aclaris Therapeutics Inc (ACRS). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate IPHA's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Innate Pharma Sa (IPHA)?

The current stock price of Innate Pharma Sa (IPHA) is $2.02 as of May 15, 2026.

What is the market cap of Innate Pharma Sa (IPHA)?

The market cap of Innate Pharma Sa (IPHA) is approximately 203.6M. Learn more about what market capitalization means .

What is the revenue (TTM) of Innate Pharma Sa (IPHA) stock?

The trailing twelve months (TTM) revenue of Innate Pharma Sa (IPHA) is $50.0M.

What does Innate Pharma S.A. do?

Innate Pharma S.A. is a global, clinical-stage biotechnology company developing immunotherapies for cancer patients. It focuses on antibody-engineering and innovative target identification to create next-generation antibody therapeutics, including monoclonal antibodies, Antibody Drug Conjugates and multi-specific NK cell engagers built on its proprietary ANKET® platform.

How does Innate Pharma generate revenue?

According to company disclosures, Innate Pharma’s revenue results from payments received under research, collaboration and licensing agreements with pharmaceutical companies. Public information notes that revenues from collaboration and licensing agreements have been associated with partners such as AstraZeneca and Sanofi.

What are Innate Pharma’s key pipeline assets?

Innate Pharma highlights several key assets, including IPH4502, a differentiated Nectin-4 ADC in development in solid tumors; lacutamab, a first-in-class anti-KIR3DL2 monoclonal antibody in cutaneous T cell lymphomas and peripheral T cell lymphomas; and monalizumab, an anti-NKG2A antibody developed in collaboration with AstraZeneca in non-small cell lung cancer. Additional programs include IPH6501, IPH6101, IPH5201, IPH5301, IPH62 and SAR’514/IPH6401 from the ANKET® platform.

What is the ANKET® platform at Innate Pharma?

ANKET® (Antibody-based NK cell Engager Therapeutics) is Innate Pharma’s proprietary platform for developing next-generation, multi-specific NK cell engagers. Company materials state that this platform underpins several programs, including IPH6501, IPH6101, IPH62 and SAR’514/IPH6401, and is intended to support the development of antibody-based therapeutics targeting certain types of cancer.

Which partners collaborate with Innate Pharma?

Innate Pharma reports collaborations with biopharmaceutical companies including Sanofi and AstraZeneca, as well as academic and research institutions. These collaborations cover areas such as development of ANKET® NK cell engagers, antibody programs like IPH5201, and clinical trials such as AstraZeneca’s PACIFIC‑9 trial evaluating monalizumab in non-small cell lung cancer.

Where is Innate Pharma headquartered and where are its shares listed?

Innate Pharma states that it is headquartered in Marseille, France, with a US office in Rockville, Maryland. Its ordinary shares are listed on Euronext Paris under the ticker IPH, and its American Depositary Shares are listed on Nasdaq in the United States under the ticker IPHA.

What regulatory designations has lacutamab received?

Company communications indicate that lacutamab, Innate Pharma’s anti-KIR3DL2 antibody, has received Fast Track designation from the FDA, PRIME designation from the EMA for Sézary syndrome, and Orphan Drug designations in both the US and EU for cutaneous T‑cell lymphoma. Innate Pharma also reports that lacutamab has been granted Breakthrough Therapy Designation for Sézary syndrome.

What clinical trials involve Innate Pharma’s products?

Public updates describe several trials, including the Phase 2 TELLOMAK trial and planned TELLOMAK‑3 Phase 3 trial for lacutamab in cutaneous T‑cell lymphoma, a Phase 1 study of IPH4502 in advanced solid tumors expressing Nectin‑4, the Phase 3 PACIFIC‑9 trial run by AstraZeneca evaluating monalizumab in unresectable Stage III non‑small cell lung cancer, the Phase 1/2 trial of IPH6501 in B‑cell non‑Hodgkin’s lymphoma, the MATISSE Phase 2 trial of IPH5201 in neoadjuvant lung cancer, and the CHANCES Phase 1 trial of IPH5301.

How does Innate Pharma describe its strategic focus?

Innate Pharma states that it plans to prioritize investment in what it believes are its highest-value clinical assets—IPH4502, lacutamab and monalizumab—and to focus preclinical research and development on advancing the next Antibody Drug Conjugates toward development, leveraging its pipeline of innovative targets. The company has also indicated that it intends to streamline its organization in line with this focus.

What is Innate Pharma’s industry classification?

Innate Pharma S.A. is classified in the pharmaceutical preparation manufacturing industry within the broader manufacturing sector. Its activities, as described in public disclosures, center on biotechnology and immuno-oncology research and development rather than on large-scale commercial manufacturing.