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On June 2, 2026, INmune
Bio Inc. issued a press release announcing results from exploratory chi-separation (χ-separation) MRI imaging analyses from the MINDFuL
Phase 2 clinical trial of XPro™ (XPro1595) in patients with early Alzheimer's disease encompassing both mild cognitive impairment
(MCI) and mild Alzheimer’s disease dementia.
A copy of the press release is attached as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
(d) Exhibits.
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 hereunto duly authorized.
Exhibit 99.1
INmune
Bio Reports Statistically Significant Treatment Effect on Advanced White Matter MRI Biomarker in Phase 2 MINDFuL Alzheimer’s Trial
XPro1595 showed a highly
significant treatment effect in the full mITT population (p=0.0028; d=0.46; n=200),
demonstrating broad tissue-level target engagement
and treatment-related biological effect.
Efficacy was further
strengthened in biomarker-enriched patients with elevated levels of inflammation (p=0.0098; d=0.59; n=100) validating
INmune’s precision-medicine
approach and directly aligning with the design of the Phase 2b/3 registrational program.
BOCA RATON, FL , June 02, 2026 (GLOBE NEWSWIRE)
-- INmune Bio Inc. (NASDAQ: INMB), a late-stage biotechnology company focused on inflammation and immunology, today announced
results from exploratory chi-separation (χ-separation) MRI imaging analyses from the MINDFuL Phase 2 clinical trial of XPro™
(XPro1595) in patients with early Alzheimer’s disease encompassing both mild cognitive impairment (MCI) and mild Alzheimer’s disease
dementia.
The new MRI findings add to a growing body
of evidence supporting XPro™’s precision-medicine development strategy, including the peer-reviewed publication of the Phase
2 MINDFuL results in NPJ Dementia, FDA End-of-Phase 2 alignment on an integrated Phase 2b/3 registrational pathway, and the recent grant
of FDA Fast Track designation for XPro™ in early Alzheimer’s disease.
CJ Barnum, VP of Neuroscience at INmune Bio,
further added, “What we are seeing in MINDFuL is consistency across nearly every domain we measured: cognition, neuropsychiatric
symptoms, blood biomarkers, patient-reported outcomes, and now both MRI measures of brain quality, gray matter and white matter. The chi-separation
result is the latest signal in that convergent picture, and it carries an additional layer of significance: across multiple independent
preclinical models, XPro’s most reliable and reproducible effect has been on myelin biology. The MINDFuL chi-separation result demonstrates
a treatment effect on myelin in the full study population that strengthens in patients with elevated inflammatory biomarkers. This is
not a surprise finding. It is exactly what the preclinical work predicted. We look forward to presenting the complete dataset at AAIC
2026.”
BACKGROUND: White Matter Opportunity in
Neurodegenerative Disease
Across multiple independent preclinical models
of demyelination and neurological injury, white matter has consistently emerged as the most reliable and reproducible target of XPro™
response, with clear, documented effects on myelin volume and quality. While historical industry efforts in AD have focused heavily on
gray matter pathology, white matter (WM) degeneration and myelin loss are increasingly recognized as fundamental, early contributors to
cognitive decline. This structural degradation is not unique to Alzheimer’s; it represents a primary pathological signature across a broad
spectrum of neurological and neurodegenerative conditions such as Multiple Sclerosis (MS), Vascular Dementia, traumatic brain injury,
and many rare CNS diseases where neuroinflammation drives destruction of oligodendrocytes and myelin integrity.
Chi-separation MRI was included in the MINDFuL
Phase 2 trial as a target engagement biomarker for white matter. This method was chosen given that the trial enrolled patients with MCI
and mild AD, the disease stage at which white matter abnormalities are prominent and highly clinically relevant. Chi-separation is a recently
validated imaging technique that resolves key challenges of conventional MRI myelin measurement and can be deployed across standard multi-site
clinical infrastructure without requiring specialty scanners, making it a methodologically superior and operationally scalable measure
of white matter biology.
Statistically Significant Biomarker Results
The blinded analysis, performed by an independent
imaging core laboratory, revealed statistically significant treatment effect on myelin:
| ● | Full mITT Population (N=200): After 24 weeks of treatment, XPro™-treated
participants showed a statistically significant difference in myelin compared to placebo (p=0.0028) with a medium effect
size (Cohen’s d=0.46). This effect across the full treatment population reproduces XPro™’s most reliable preclinical
signature, establishing target engagement in AD patients with a high degree of confidence. |
| | | |
| ● | Biomarker-Enriched AD Population (N=100): In patients with amyloid-positivity
and two or more elevated inflammatory biomarkers at baseline, the treatment effect strengthened further to a medium-to-large effect size
(Cohen’s d=0.59; p=0.0098). This is the patient profile most directly aligned with XPro™’s anti-neuroinflammatory
mechanism. |
“A statistically significant treatment
effect on white matter across the full mITT population, strengthening further in inflammation-enriched patients, tells us that XPro™
is doing exactly what it is designed to do, with increased effect in patients we intend to treat in the registrational study,” said
David Moss, Chief Executive Officer of INmune Bio. “Importantly, by successfully targeting neuroinflammation to preserve and
potentially repair white matter, these data do more than validate our current program, they provide a robust mechanistic foundation that
expands the opportunities for XPro™ across a spectrum of other neurodegenerative and neuroinflammatory disease states where pathology
is driven by the same inflammatory cascade. With FDA Fast Track designation in hand, End-of-Phase 2 alignment secured, and an additional
imaging biomarker result that further reinforces our patient selection strategy, we have systematically addressed several of the key uncertainties
that have historically derailed programs in this space. We are building the registrational program on our strongest scientific footing
to date and for our broader pipeline potential with XPro.”
AAIC 2026 Presentation
INmune Bio will present the complete chi-separation
dataset from the MINDFuL study, including longitudinal trajectory analysis, subgroup characterization, dose-response analyses, and mechanistic
interpretation at the Alzheimer’s Association International Conference (AAIC) 2026 which will take place July 12–15, 2026 in London,
UK. The presentation will also include data from complementary advanced MRI endpoints in the MINDFuL imaging package. Additional details
will be announced following the presentation.
Accelerated Registration Program Architecture
Following a successfully completed End-of-Phase
2 meeting, INmune Bio has secured regulatory alignment with the FDA on the design of its upcoming registrational program, establishing
a clear, de-risked pathway toward commercial submission. Supported by FDA Fast Track designation granted on May 14, 2026, the Phase 2b/3
seamless adaptive trial is engineered to support the registration of XPro™ in patients with early Alzheimer’s disease who carry
biomarkers of inflammation.
The registrational strategy is also supported
by the favorable safety profile observed in the Phase 2 MINDFuL trial, including no observed ARIA-E or ARIA-H, an important differentiating
feature for a disease-modifying Alzheimer’s program focused on neuroinflammation rather than amyloid clearance.
| ● | Phase 2b Adaptive Advancement: The Phase 2b portion of the study
will utilize the Early Alzheimer’s Disease Cognitive Composite (EMACC) and plasma pTau217 as rigorous, decision-gating endpoints. These
metrics will dictate the adaptive advancement of the program into the Phase 3 cohort. |
| | | |
| ● | Phase 3 Registrational Evaluation: The Phase 3 portion is expected
to evaluate definitive clinical outcomes, including the Clinical Dementia Rating Scale–Sum of Boxes (CDR-SB), which the FDA has
raised no objections to using as the sole primary efficacy endpoint for the Phase 3 registrational portion of the program. |
About XPro1595
XPro1595 is a next-generation inflammatory
cytokine modulator that neutralizes soluble TNF (sTNF) without affecting transmembrane TNF (tmTNF) or its receptors. This selective targeting
is designed to reduce neuroinflammation, a key driver of neurodegeneration in Alzheimer’s disease, while maintaining the protective
immune functions of the body.
About INmune Bio Inc.
INmune Bio Inc. is a publicly traded (NASDAQ:
INMB), late-stage biotechnology company focused on developing treatments that target the innate immune system to fight disease. Moving
beyond early-stage exploration, the company’s clinical-development strategy centers on advanced precision medicine, matching drug
mechanisms directly to patient biology to optimize clinical outcomes.
INmune Bio is actively advancing two late-stage
product platforms toward registrational milestones:
1. CORDStrom™: A
proprietary, pooled, allogeneic, human umbilical cord-derived mesenchymal stromal cell (hucMSC) platform engineered to address the historical
clinical challenges of donor variability and manufacturing inconsistency. Following successful clinical readouts in Recessive Dystrophic
Epidermolysis Bullosa (RDEB), the platform is transitioning to regulatory filing phases, with a Marketing Authorization Application (MAA)
scheduled for the UK MHRA and EU EMA in 2026, alongside a planned U.S. Biologics License Application (BLA) submission.
2. XPro™: A
Dominant-Negative Tumor Necrosis Factor (DN-TNF) platform that selectively neutralizes soluble TNF (sTNF) to eliminate neuroinflammation
without compromising protective immune function. Backed by recently granted FDA Fast Track designation and successful regulatory alignment
from an End-of-Phase 2 meeting, XPro™ is positioned for an integrated Phase 2b/3 seamless adaptive registrational program in neuroinflammation-enriched
early Alzheimer’s disease.
To learn more about INmune Bio’s pipeline
and its approach to harnessing the innate immune system, please visit www.inmunebio.com.
Forward Looking Statements
Clinical trials are in early stages and there
is no assurance that any specific outcome will be achieved. Any statements contained in this press release related to the development
or commercialization of product candidates and other business and financial matters, including without limitation, trial results and data,
including trial results, timing of key milestones, future plans or expectations, and the prospects for receiving regulatory approval or
commercializing or selling any product or drug candidates, may constitute forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations but are subject
to several risks and uncertainties. Actual results and the timing of certain events and circumstances may differ materially from those
described by the forward-looking statements because of these risks and uncertainties. CORDStrom™, XPro1595™ (XPro™,
pegipanermin), and INKmune™ have either finished clinical trials, are still in clinical trials or are preparing to start clinical
trials and have not been approved by the US Food and Drug Administration (FDA), the UK MHRA or any regulatory body and there cannot be
any assurance that they will be approved by the FDA, the UK MHRA or any regulatory body or that any specific results will be achieved.
The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks
and uncertainties relating to the Company’s ability to produce more drug for clinical trials; the availability of substantial additional
funding for the Company to continue its operations and to conduct research and development, clinical studies and future product commercialization;
and the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies.
These and other factors are identified and described in more detail in the Company’s filings with the Securities and Exchange Commission,
including the Company’s Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q and the Company’s Current
Reports on Form 8-K. The Company assumes no obligation to update any forward-looking statements to reflect any event or circumstance that
may arise after the date of this release.
INmune
Bio Contacts:
David
Moss
Chief Executive Officer
(561) 710-0512
info@inmunebio.com
Daniel
Carlson
Head of Investor Relations
(415) 509-4590
dcarlson@inmunebio.com