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Innate Pharma S.A. ADS - IPHA STOCK NEWS

Welcome to our dedicated page for Innate Pharma S.A. ADS news (Ticker: IPHA), a resource for investors and traders seeking the latest updates and insights on Innate Pharma S.A. ADS stock.

Innate Pharma S.A. (Symbol: IPHA) is a clinical-stage biotechnology company at the forefront of cancer treatment innovation. Specializing in immuno-oncology, Innate Pharma develops first-in-class therapeutic antibodies designed to harness the innate immune system. This pioneering approach helps the body's natural defenses recognize and combat cancer cells more effectively.

The company's diverse pipeline includes four clinical-stage antibodies along with several preclinical candidates. Key products under development include lacutamab, monalizumab, IPH5201, IPH5301, IPH6101, IPH62, IPH6401, and IPH6501. These therapies aim to address a wide range of cancer types, particularly those with high unmet medical needs.

Innate Pharma has made significant strides in the discovery and development of checkpoint inhibitors, leveraging its deep understanding of natural killer cell biology. This expertise has led to strategic partnerships with renowned biopharmaceutical companies such as AstraZeneca, Bristol-Myers Squibb, Novo Nordisk A/S, and Sanofi.

The company’s revenue streams primarily come from research collaborations, licensing agreements, and milestone payments from its pharmaceutical partners. Innate Pharma's proprietary platform, ANKET (Antibody-based NK cell Engager Therapeutics), forms the backbone of its innovative therapeutic strategies.

With a commitment to advancing cancer treatment, Innate Pharma continues to make significant progress in clinical trials and research, aiming to bring transformative therapies to patients worldwide.

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Innate Pharma reported its H1 2024 business update and financial results. Key highlights include:

- Positive Phase 2 results for lacutamab in mycosis fungoides presented at ASCO 2024

- NK-Cell engager SAR443579/IPH6101 advanced to Phase 2 and initiated front-line AML Phase 1/2 combination study

- IPH45 ADC progressing towards Phase 1 in H2 2024

- Cash position of €102.1 million as of June 30, 2024

- Revenue decreased to €12.3 million in H1 2024 from €40.2 million in H1 2023

- Operating expenses decreased slightly to €38.7 million in H1 2024 from €40.6 million in H1 2023

- R&D expenses decreased to €29.1 million in H1 2024 from €31.5 million in H1 2023

The company continues to advance its pipeline and maintains a cash runway until end of 2025.

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Innate Pharma SA announced interim results from AstraZeneca's NeoCOAST-2 Phase 2 study presented at the 2024 World Conference on Lung Cancer. The study evaluates neoadjuvant durvalumab alone or combined with novel agents and chemotherapy in resectable, early-stage non-small cell lung cancer (NSCLC). Preliminary data from Arm 2 showed that monalizumab added to durvalumab plus platinum-based chemotherapy induced a pathological complete response rate of 26.7% and a major pathological response rate of 53.3%, numerically higher than the approved regimen. The treatment demonstrated a manageable safety profile with no impact on surgical rate. Innate Pharma's Chief Medical Officer expressed excitement about the potential of extending durvalumab's clinical benefit with monalizumab in NSCLC patients.

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Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) has announced a conference call and webcast scheduled for Thursday, September 12, 2024, at 2 p.m. CEST / 8 a.m. EDT. The event will provide an update on the company's business progress during the first half of 2024. Key participants will include CEO Hervé Brailly, CMO Sonia Quaratino, COO Yannis Morel, CFO Frédéric Lombard, and EVP and President of US Operations Arvind Sood.

Investors and interested parties can join the live webcast or participate via telephone. A replay of the webcast will be available on the company's website for 90 days following the event. This announcement suggests that Innate Pharma is preparing to share important financial results and business updates with its stakeholders.

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Innate Pharma (Euronext Paris: IPH; Nasdaq: IPHA) has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event is scheduled for September 10, 2024, in New York, United States. Arvind Sood, EVP and President of US Operations, will represent the company at this investor conference. This participation provides Innate Pharma with an opportunity to engage with investors and showcase its business developments and potential investment prospects.

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Innate Pharma (Euronext Paris: IPH; Nasdaq: IPHA) has announced its participation in the upcoming BTIG Virtual Biotechnology Conference, scheduled for August 5-6, 2024. The company will be represented by key executives, including Yannis Morel, EVP and Chief Operating Officer, and Arvind Sood, EVP and President of US Operations.

This virtual conference provides an opportunity for Innate Pharma to engage with investors and showcase its latest developments in the biotechnology sector. The company's presence at such events is important for maintaining investor relations and potentially attracting new investment opportunities.

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Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) has released its total number of shares outstanding and voting rights as of July 10, 2024. The company's share structure includes 80,969,357 ordinary shares, 6,494 Preferred Shares 2016, and 7,581 Preferred Shares 2017. The total number of theoretical voting rights stands at 81,724,597, while the total number of exercisable voting rights is 81,706,022. This disclosure is in compliance with French regulatory requirements and aims to keep the market adequately informed about the company's share structure and voting rights distribution.

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Innate Pharma SA reported its total number of shares and voting rights as of June 10, 2024.

The company has 80,967,407 ordinary shares, 6,509 Preferred Shares 2016, and 7,581 Preferred Shares 2017.

The total number of theoretical voting rights stands at 81,724,597, while the number of exercisable voting rights is 81,706,022.

This information is disclosed to comply with regulations by the AMF, ensuring market transparency.

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Innate Pharma's Phase 1/2 trial of SAR443579 (SAR’579), developed with Sanofi, continues to show promising results for treating relapsed/refractory acute myeloid leukemia (R/R AML), B-cell acute lymphoblastic leukemia (B-ALL), and high-risk myelodysplasia (HR-MDS). The clinical trial results, presented at the European Hematology Association 2024 Congress, highlight 5 complete remissions at a 1 mg/kg dose, with 3 patients achieving durable CR over 10 months. SAR’579 has an FDA Fast Track Designation for acute myeloid leukemia and has shown a favorable safety profile at doses up to 6 mg/kg weekly. The study has now progressed to Phase 2, focusing on further demonstrating the efficacy of this NK cell engager.

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Innate Pharma has announced positive results from its Phase 2 TELLOMAK study, evaluating lacutamab in patients with mycosis fungoides (MF), a type of cutaneous T cell lymphoma. The study, presented at ASCO 2024, included 107 heavily pretreated patients. Lacutamab demonstrated significant anti-tumor activity, with an objective response rate (ORR) of 22.4% per Olsen 2022 criteria and 16.8% per Olsen 2011 criteria. The median progression-free survival was 10.2 months, and the treatment was well-tolerated. These results support further development of lacutamab for MF patients, regardless of KIR3DL2 expression levels.

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Innate Pharma (IPHA) will participate in several upcoming investor conferences. The company will be represented by senior executives including CEO Hervé Brailly, EVP Sonia Quaratino, COO Yannis Morel, and President of US Operations Arvind Sood. The schedule includes:

Jefferies Global Healthcare Conference on June 5-6, 2024, in New York.

Goldman Sachs 45th Annual Global Healthcare Conference on June 10-13, 2024, in Miami.

H.C. Wainwright 2nd Annual Immune Cell Engager Virtual Conference on June 25, 2024.

Stifel 2nd European Healthcare Summit on June 25-27, 2024, in Lyon.

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FAQ

What is the current stock price of Innate Pharma S.A. ADS (IPHA)?

The current stock price of Innate Pharma S.A. ADS (IPHA) is $2.25 as of September 20, 2024.

What is the market cap of Innate Pharma S.A. ADS (IPHA)?

The market cap of Innate Pharma S.A. ADS (IPHA) is approximately 182.1M.

What does Innate Pharma S.A. specialize in?

Innate Pharma S.A. specializes in immuno-oncology, developing therapeutic antibodies to enhance the innate immune system's ability to fight cancer.

What are some of Innate Pharma's key products?

Key products include lacutamab, monalizumab, IPH5201, IPH5301, IPH6101, IPH62, IPH6401, and IPH6501.

How does Innate Pharma generate revenue?

The company generates revenue through research collaborations, licensing agreements, and milestone payments from pharmaceutical companies.

Who are some of Innate Pharma's notable partners?

Innate Pharma collaborates with AstraZeneca, Bristol-Myers Squibb, Novo Nordisk A/S, and Sanofi.

What is ANKET?

ANKET stands for Antibody-based NK cell Engager Therapeutics, Innate Pharma's proprietary platform for developing innovative cancer treatments.

What is the focus of Innate Pharma’s current projects?

Current projects focus on developing first-in-class antibodies and checkpoint inhibitors to address various cancer indications.

What stage is Innate Pharma in?

Innate Pharma is in the clinical stage, advancing multiple therapeutic candidates through clinical trials.

What makes Innate Pharma's approach unique?

Their unique expertise in natural killer cell biology and checkpoint inhibitors sets them apart in the field of immuno-oncology.

What is immuno-oncology?

Immuno-oncology is a field of cancer treatment that uses the body's immune system to detect and kill cancer cells.

How does Innate Pharma contribute to cancer research?

Innate Pharma contributes through innovative research and development of new therapies that harness the immune system to treat cancer.

Innate Pharma S.A. ADS

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80.97M
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