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Immutep targets 2027 restart for efti trials

Immutep refines its efti strategy after TACTI-004, tying issues to manufacturing differences and targeting new registration-directed trials from 2H 2027.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Immutep Limited (IMMP) outlines a revised development strategy for its lead immunotherapy eftilagimod alfa (efti) after the early discontinuation of the TACTI-004 trial. An ongoing root cause analysis has found structural differences between efti used in TACTI-004 and product used in earlier, more successful studies, including a subtle N-glycan variation, which may relate to the different immune activation profile seen in that trial.

Immutep has initiated a new 200 L manufacturing run of efti, consistent with ten prior GMP batches used in earlier Phase I/II studies, whereas TACTI-004 used only 2,000 L–manufactured product. The company plans to focus registration-directed development of efti on selected indications based on clinical data, FDA interactions and existing Fast Track and Orphan Drug designations, targeting trial starts in 2H CY2027, subject to strategy, regulatory, manufacturing, partnering and resource factors. Partner Dr. Reddy’s Laboratories supports the approach, and development of second program IMP761 for autoimmune disease continues as previously planned.

Positive

  • Structural manufacturing differences identified between TACTI-004 efti and earlier batches may help explain the trial’s unexpected outcome and separate product issues from protocol or execution problems.
  • Immutep is restarting efti manufacturing at 200 L scale, consistent with ten prior GMP batches used in earlier successful Phase I/II trials, supporting continuity of future clinical supply.
  • The company plans registration-directed efti development in indications backed by prior data and FDA Fast Track and Orphan Drug designations, with new trials targeted for 2H CY2027.
  • Immutep’s broader pipeline remains active, with IMP761 development continuing for autoimmune disease in line with earlier plans.

Negative

  • The early discontinuation of TACTI-004 and ongoing root cause analysis highlight unresolved product and manufacturing questions around efti.
  • Future efti trials are only targeted to start in 2H CY2027 and remain contingent on strategy decisions, regulatory discussions, manufacturing, partnering and available resources, implying a longer path to potential registration.

Filing Explained

New efti trial preparations have begun, but development remains conditional and pre-trial while root-cause analysis continues.

Immutep says preparations for the next efti clinical trials have commenced, while study starts are targeted for 2H CY2027 only subject to strategy, trial design, regulatory, manufacturing, partnering and resource decisions; the disclosed state is preparation rather than a completed clinical milestone.

The ongoing root-cause analysis has so far identified product-structure differences as potentially relevant and says the TACTI-004 outcome cannot currently be explained by clinical or trial-execution factors.

The contracted 200 L manufacturing run is a production step supporting the revised development path. The next stated resolution point is completion of the root-cause analysis, while the timetable remains dependent on the conditions listed in the filing.

New efti manufacturing scale 200 L Scale of new manufacturing run contracted for efti
Prior GMP batches at 200 L 10 batches Number of GMP efti batches previously made at 200 L and used in Phase I/II trials
TACTI-004 manufacturing scale 2,000 L Scale at which all efti used in the TACTI-004 study was manufactured
Targeted start for new efti trials 2H CY2027 Company’s target window to begin registration-directed efti studies, subject to conditions
Fast Track designations 2 indications First-line HNSCC and first-line NSCLC
Orphan Drug Designation indications Soft tissue sarcoma Efti Orphan Drug Designation from U.S. FDA in STS
root cause analysis technical
"Immutep has been conducting a detailed root cause analysis covering clinical, pharmacological and manufacturing aspects"
Root cause analysis is a systematic way to find the underlying reason a problem happened, not just its visible symptoms, so that effective fixes can prevent it from recurring. For investors, it matters because clear identification and correction of root causes reduces the chance of repeated losses, regulatory penalties, or reputational damage—think of it as finding the cracked pipe behind a flood instead of only mopping up the water.
GMP batches regulatory
"Ten GMP batches of efti have previously been manufactured at 200 L scale"
Fast Track designation regulatory
"Efti has received Fast Track designation in 1st line HNSCC and in 1st line NSCLC"
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.
Orphan Drug Designation regulatory
"and Orphan Drug Designation in STS, from the United States Food and Drug Administration (FDA)"
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
antigen-presenting cells medical
"Efti is a novel immunotherapy that directly activates antigen-presenting cells or APCs"
MHC Class II agonist medical
"As an MHC Class II agonist, its activation of APCs engages the adaptive and innate immune system"
A MHC class II agonist is a molecule that binds to and stimulates major histocompatibility complex class II proteins, which present pieces of foreign or internal proteins to helper T cells in the immune system. Think of it as a tool that boosts the ‘display and call-to-action’ function on immune cells so helper T cells recognize and respond to targets; for investors, it signals a specific immune-modulating mechanism relevant to vaccines and certain immunotherapies, with implications for effectiveness and safety.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Immutep (IMMP) announcing about eftilagimod alfa in this 6-K?

Immutep outlines a focused, registration-directed development strategy for eftilagimod alfa, explains findings from an ongoing root cause analysis after the early stop of TACTI-004, and describes plans for a new 200 L manufacturing run and future trials targeted to begin in 2H CY2027.

What did Immutep’s root cause analysis find about TACTI-004?

The analysis has identified structural differences between efti used in TACTI-004 and in earlier successful trials, including a subtle N-glycan structure difference, potentially relevant to the different immune activation profile and unexpected clinical outcome. Immutep believes the result cannot be explained by clinical or trial execution factors alone.

How is Immutep changing efti manufacturing after TACTI-004?

Immutep has contracted a new 200 L scale manufacturing run of efti. Ten GMP batches at 200 L were previously used in successful Phase I/II studies, whereas TACTI-004 used efti produced at 2,000 L scale only, which showed structural differences in the ongoing analysis.

When does Immutep expect new efti registration-directed trials to start?

Immutep is targeting study start during 2H CY2027 for new registration-directed efti trials. This timing is subject to final strategic decisions, trial design, regulatory interactions, manufacturing timelines, partnering arrangements and the company’s available resources.

What regulatory designations has efti received according to Immutep?

Efti has received Fast Track designation from the U.S. FDA in first-line head and neck squamous cell carcinoma (HNSCC) and first-line non-small cell lung cancer (NSCLC), and Orphan Drug Designation in soft tissue sarcoma (STS), supporting its focused registration-directed development.

What is happening with Immutep’s other program IMP761?

Immutep states that development of IMP761, its agonist anti-LAG-3 antibody for autoimmune disease, continues in line with previously disclosed plans, indicating the broader LAG-3 pipeline remains active beyond efti.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Date as September 11, 2026

Commission File Number 001-35428

 

 

IMMUTEP LIMITED

(Exact Name as Specified in its Charter)

 

 

N/A

(Translation of Registrant’s Name)

Level 32, Australia Square

264 George Street, Sydney

NSW 2000, Australia

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐   No ☒

If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.

 

 
 


EXHIBIT INDEX

 

Exhibit

 

Description of Exhibit

99.1

  Immutep Outlines Focused Development Strategy for Eftilagimod Alfa (“efti”)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 11, 2026

 

IMMUTEP LIMITED
By:  

/s/ Marc Voigt

Name:   Marc Voigt
Title:   Chief Executive Officer

Exhibit 99.1

 

LOGO

Immutep Outlines Focused Development Strategy

for Eftilagimod Alfa (“efti”)

 

   

Future registration-directed clinical development of efti is intended to focus on head and neck squamous cell carcinoma (HNSCC) in patients with negative PD-L1 expression (Combined Positive Score (CPS) < 1) and the neoadjuvant setting of soft tissue sarcoma (STS).

 

   

Root cause analysis following the discontinuation of TACTI-004 has identified subtle analytical differences between efti manufactured at 200 L scale and efti manufactured at 2,000 L scale. A new manufacturing run of efti at 200 L scale has been contracted.

 

   

This development focus reflects a staged risk/benefit approach consistent with prior interactions with the U.S. Food and Drug Administration (FDA), Orphan Drug Designation granted for STS in April 2026, and Fast Track designation for HNSCC.

 

   

Preparations for the next clinical trials have commenced, with study start targeted for 2H CY2027, subject to final decisions on trial design, regulatory interactions, manufacturing timelines, partnering and resources.

SYDNEY, AUSTRALIA – September 11, 2026 – Immutep Limited (ASX: IMM; NASDAQ: IMMP) (“Immutep” or “the Company”), a biotechnology company developing novel immunotherapies, today provides an update on its development strategy for eftilagimod alfa (“efti”).

Update on Root Cause Analysis

Following the early discontinuation of the TACTI-004 study, Immutep has been conducting a detailed root cause analysis covering clinical, pharmacological and manufacturing aspects. This ongoing root cause analysis has identified structural differences between the efti used in TACTI-004 and the efti used in earlier successful clinical studies. These differences (e.g. a subtle difference in N-glycan structure) are considered potentially relevant given the markedly different immune activation profile observed in TACTI-004 compared to previous trials and the unexpected clinical outcome of the study.

Based on the currently available data from the Root Cause Analysis to date, Immutep believes that the unexpected outcome of TACTI-004 cannot be explained by clinical factors (e.g. suboptimal protocol, substantial imbalance between treatment arms or safety findings) or trial execution factors (e.g. invalid randomisation pattern or general clinical trial conduct). The Company will provide a further update on completion of the root cause analysis.

New Manufacturing Run

Based on the findings from the root cause analysis to date, Immutep has contracted a manufacturing run of efti at 200 L scale. Ten GMP batches of efti have previously been manufactured at 200 L scale and used in successful Phase I and Phase II clinical studies of efti, including TACTI-mel, TACTI-002 and INSIGHT-003. In contrast, TACTI-004 was conducted exclusively with efti manufactured at 2,000 L scale.

 

LOGO

Immutep Limited, Level 32, Australia Square, 264 George Street, Sydney NSW 2000, Australia; ABN: 90 009 237 889


Future Clinical Development Focus

Immutep currently intends to focus the registration-directed clinical development of efti on:

 

   

HNSCC in patients with CPS < 1 — based on clinical efficacy data, including mature overall survival data, in a patient population with high unmet need and limited approved treatment options, and for which efti has received Fast Track designation and FDA feedback that the Company considers constructive; and

 

   

the neoadjuvant setting of STS — based on positive Phase II data, including achievement of the primary endpoint, and for which efti received Orphan Drug Designation from the FDA in April 2026.

This focus reflects the compelling clinical data generated to date, the Company’s interactions with the FDA, regulatory designations obtained, unmet medical need and substantial market potential in these indications.

Preparations for the next clinical trials have commenced. Subject to final decisions on strategy and trial design, regulatory interactions, manufacturing timelines, partnering and resources, Immutep is targeting study start during 2H CY2027.

Immutep’s licensing partner, Dr. Reddy’s Laboratories (“DRL”), has been consulted on and is supportive of this approach. The Company is also in preliminary discussions with other parties regarding the proposed development pathway.

Immutep CEO, Marc Voigt, said: “Based on the totality of evidence generated with efti, we believe there is a scientifically and clinically justified path to continue its development. This includes clinical and translational data across multiple tumour types, consistent evidence of immune activation, encouraging results in soft tissue sarcoma and head and neck cancer with CPS < 1, and constructive regulatory interactions. At the same time, we fully recognise the significance of the TACTI-004 outcome. Our root cause analysis remains ongoing, including further investigation of smaller differences identified between product batches. We intend to apply these learnings rigorously and focus future potential development on settings where the clinical evidence, biological rationale, time-to-market and unmet medical need are most compelling.”

Other Programs

Immutep’s LAG-3 portfolio extends beyond efti. Development of IMP761, the Company’s agonist anti-LAG-3 antibody for autoimmune disease, continues in line with previously disclosed plans.

About Eftilagimod Alfa (Efti)

Efti is a novel immunotherapy that directly activates antigen-presenting cells or APCs (e.g. dendritic cells, monocytes) via the MHC Class II pathway to fight cancer. As an MHC Class II agonist, its activation of APCs engages the adaptive and innate immune system to initiate a broad anti-cancer immune response. This includes priming and activating cytotoxic T cells as well as generating important co-stimulatory signals and cytokines that further boost the immune system’s ability to combat cancer.

Efti’s favourable safety profile has enabled various combinations, including with anti-PD-[L]1 immunotherapy, radiotherapy, and/or chemotherapy. Efti has received Fast Track designation in 1st line HNSCC and in 1st line NSCLC, and Orphan Drug Designation in STS, from the United States Food and Drug Administration (FDA).

 

LOGO

Immutep Limited, Level 32, Australia Square, 264 George Street, Sydney NSW 2000, Australia; ABN: 90 009 237 889


About Immutep

Immutep is a clinical-stage biotechnology company developing novel immunotherapies for cancer and autoimmune diseases. The Company is a pioneer in the understanding and advancement of therapeutics related to Lymphocyte Activation Gene-3 (LAG-3), and its diversified product portfolio harnesses LAG-3’s ability to stimulate or suppress the immune response. Immutep is dedicated to leveraging its expertise to bring innovative treatment options to patients in need and to maximise value for shareholders. For more information, please visit www.immutep.com.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding anticipated clinical development, regulatory progress and potential benefits of eftilagimod alfa (efti) and IMP761. These forward-looking statements are based on current expectations, estimates and projections, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied in such statements.

Factors that could cause actual results to differ materially include risks associated with clinical trial outcomes, the ongoing root cause analysis, manufacturing, the ability to reach agreement with regulators on trial design and registrational pathways, the outcome of partnering discussions, and the Company’s ability to obtain additional funding and to advance its product candidates. Additional risks are described in the Company’s most recent Annual Report on Form 20-F and subsequent filings with the U.S. Securities and Exchange Commission and in announcements lodged with the ASX. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Immutep undertakes no obligation to update or revise such statements, except as required by applicable law.

Disclaimer

This announcement has been prepared for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, securities in any jurisdiction.

Australian Investors/Media:

Eleanor Pearson, Sodali & Co.

+61 2 9066 4071; eleanor.pearson@sodali.com

U.S. Investors/Media:

Matthew Beck, astr partners

+1 (917) 415 1750; matthew.beck@astrpartners.com

This announcement was authorised for release by the Board of Immutep Limited.

 

LOGO

Immutep Limited, Level 32, Australia Square, 264 George Street, Sydney NSW 2000, Australia; ABN: 90 009 237 889

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