Welcome to our dedicated page for AIM ImmunoTech news (Ticker: AIM), a resource for investors and traders seeking the latest updates and insights on AIM ImmunoTech stock.
AIM ImmunoTech Inc. (NYSE American: AIM) is a pioneering immuno-pharma company based in Ocala, Florida, focused on the research and development of innovative therapeutics aimed at treating a variety of cancers, immune disorders, and viral diseases including COVID-19. The company's flagship product is Ampligen® (rintatolimod), a first-in-class investigational drug that acts as a highly selective TLR3 agonist immuno-modulator with broad-spectrum activity. Ampligen is currently undergoing extensive clinical trials targeting globally important cancers and viral diseases.
AIM ImmunoTech's product portfolio also includes Alferon N Injection, an injectable formulation of natural alpha interferon used to treat a specific category of genital warts, a sexually transmitted disease. Ampligen has shown promising results in the treatment of chronic fatigue syndrome and is being developed for other indications like hepatitis B, HIV, and several cancer types, including renal cell carcinoma, malignant melanoma, non-small cell lung cancer, ovarian cancer, breast cancer, colorectal cancer, urothelial cancer, prostate cancer, and pancreatic cancer.
In recent developments, AIM ImmunoTech announced positive top-line interim data indicating that the combination of Ampligen with Keytruda (pembrolizumab) could be significantly more effective than pembrolizumab alone in treating recurrent ovarian cancer. The company is also working on various clinical trials, including studies for treating post-COVID conditions and long COVID, led by renowned medical experts like Dr. Charles Lapp.
AIM ImmunoTech has formed strategic research agreements with prominent institutions such as the Japanese National Institute of Infectious Diseases and Shionogi & Co., Ltd., exploring the potential of Ampligen as an adjuvant therapy for COVID-19. The company continues to focus on operational execution and has successfully completed cGMP manufacturing of over 9,000 clinical vials of Ampligen, which is crucial for its ongoing and upcoming clinical trials.
The company's leadership team, headed by CEO Thomas K. Equels, is committed to advancing its pipeline and achieving clinical and commercial success. AIM ImmunoTech engages with its stakeholders through regular updates and CEO Corner segments, providing insights into its clinical programs and financial performance, ensuring transparency and fostering investor confidence.
For more detailed information, visit the official website and connect with AIM ImmunoTech on social media platforms such as X, LinkedIn, and Facebook.
AIM ImmunoTech Inc. (NYSE American: AIM) announced that CEO Thomas K. Equels participated in a 'Fireside Chat' video interview with Ed Woo from Ascendiant Capital Markets on May 3, 2021. The discussion highlighted AIM's recent accomplishments and key upcoming goals, as well as the financial and operational outlook for the company. AIM ImmunoTech focuses on developing therapeutics for multiple cancers, immune disorders, and viral diseases, including COVID-19. A link to the interview is available on AIM's website.
AIM ImmunoTech Inc. (NYSE American: AIM) announced the completion of dosing for Cohort 2 in its Phase 1 clinical study of Ampligen as an intranasal therapy. No serious adverse events were reported in either Cohort 1 or Cohort 2. The study aims to evaluate Ampligen's potential as a treatment for COVID-19 and other respiratory diseases. Following the current cohort, the next dose will escalate to 500 μg, with future plans for additional cohorts. AIM confirms it will provide updates on the study as it progresses.
AIM ImmunoTech Inc. (NYSE American: AIM) has successfully completed dosing for Cohort 1 in a Phase 1 clinical study of its intranasal drug Ampligen, with no serious adverse events reported. This study aims to assess Ampligen's safety and potential as a treatment for COVID-19 and other respiratory diseases. The trial, conducted by the Centre for Human Drug Research, includes 40 healthy subjects across 4 cohorts receiving varying doses of Ampligen. AIM is optimistic about moving to Phase 2 after these initial results, which may expedite the development of Ampligen for preventive treatment.
AIM ImmunoTech Inc. (NYSE American: AIM) reported its fiscal year 2020 results, showing a substantial cash increase to $54.4 million from $8.8 million in 2019. However, the net loss rose to $14.4 million, or $0.45 per share, compared to $9.4 million, or $2.58 per share, in the previous year. The company is advancing its research on Ampligen for COVID-19, with promising early results indicating a 90% reduction in viral yields. Clinical trials for cancer therapies are also ongoing, with notable positive survival data in pancreatic cancer patients.
AIM ImmunoTech Inc. (NYSE American: AIM) announced that Roswell Park Comprehensive Cancer Center has received Institutional Review Board approval for an amendment to its ongoing Phase 1/2a study. The amendment allows for the randomization of 20 additional patients assessing AIM's Ampligen combined with interferon alpha-2b for cancer patients with COVID-19. The trial's aim is to evaluate Ampligen's effectiveness as both a standalone therapy and in combination, with noted patient safety benefits.
AIM ImmunoTech Inc. (NYSE American: AIM) has announced that its CEO, Thomas K. Equels, will present at the Q1 Virtual Investor Summit from March 23-25, 2021. The presentation is scheduled for March 24 at 3:00 PM ET. This summit is an independent conference bringing together smallcap companies and investors. AIM ImmunoTech focuses on developing therapeutics for various cancers, immune disorders, and viral diseases, including COVID-19. Interested parties can register for the event online.
AIM ImmunoTech Inc. (NYSE American: AIM) has announced that CEO Thomas K. Equels will present at the Inaugural Emerging Growth Virtual Conference, held from March 17-19, 2021. The conference features discussions with C-suite executives and presentations from numerous issuers in the healthcare sector. Attendees can access exclusive content by signing up as M-Vest members. AIM will also make its presentation available on its investor relations website. The company focuses on developing therapeutics for cancers, immune disorders, and viral diseases, including COVID-19.
AIM ImmunoTech has commenced its Phase 1 clinical trial to evaluate the safety of Ampligen as an intranasal therapy for COVID-19 and other respiratory viral diseases. Conducted by the Centre for Human Drug Research in the Netherlands, the study will involve 40 healthy subjects. Positive preliminary in vitro results indicate that Ampligen can decrease SARS-CoV-2 viral yields by 90%. CEO Thomas K. Equels expressed optimism about Ampligen's potential in preventing COVID-19 transmission.
AIM ImmunoTech Inc. (NYSE American: AIM) announced that CEO Thomas K. Equels will present at the H.C. Wainwright Life Sciences Conference, taking place virtually on March 9-10, 2021. The presentation will be available on-demand starting March 9 at 7:00 AM Eastern Time. Registered attendees can access the webcast through the conference platform or the investor relations section of AIM's website. Additionally, management will engage in one-on-one meetings with qualified investors attending the event.
AIM ImmunoTech has received formal notification from the European Commission approving its Orphan Medicinal Product Application for Ampligen, aimed at treating pancreatic cancer. This designation grants AIM up to ten years of market exclusivity in the EU. Ampligen is expected to be a significant treatment option, with potential survival benefits demonstrated in trials. The company is currently pursuing further studies and FDA fast-track status to expedite its clinical development.
FAQ
What is the current stock price of AIM ImmunoTech (AIM)?
What is the market cap of AIM ImmunoTech (AIM)?
What is AIM ImmunoTech's main focus?
What are AIM ImmunoTech's key products?
What recent achievements has AIM ImmunoTech made?
Who are AIM ImmunoTech's notable partners?
What clinical trials is AIM ImmunoTech currently conducting?
How can investors access AIM ImmunoTech's financial reports?
How does AIM ImmunoTech engage with its stakeholders?
What is the significance of Ampligen in AIM ImmunoTech's portfolio?
Who leads AIM ImmunoTech?
Where can more information about AIM ImmunoTech be found?
