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. (AIM) operates in the clinical-stage biotechnology space, making its news flow particularly relevant for investors tracking drug development milestones and regulatory progress. As an immuno-pharmaceutical company pursuing cancer and immune disorder treatments, AIM ImmunoTech generates news around clinical trial updates, research data presentations, and pipeline developments.
Biotechnology company news differs fundamentally from traditional corporate coverage. For AIM ImmunoTech, announcements typically center on scientific conferences where researchers present clinical data, patent grants protecting intellectual property, and regulatory interactions regarding drug candidate advancement. These events can significantly impact investor sentiment and stock performance in the micro-cap biotech sector.
The company's focus on Ampligen, a TLR3 agonist immunomodulator, means news often relates to oncology research collaborations, combination therapy studies, and immune system modulation science. Investors following AIM ImmunoTech benefit from understanding both the company-specific announcements and the broader immuno-oncology landscape that provides context for development activities.
Clinical-stage biotech news requires careful interpretation. Positive early-stage data does not guarantee regulatory approval, and financing announcements reflect the capital-intensive nature of drug development. This page aggregates AIM ImmunoTech news to help investors monitor the company's progress through the drug development process, from preclinical research through clinical trials toward potential commercialization.
AIM ImmunoTech announced promising data regarding Ampligen® (rintatolimod) as a treatment for advanced pancreatic cancer in an Early Access Program at Erasmus Medical Center. The treatment showed a median overall survival of 19 months versus historical controls of 7.5 and 12.5 months. A Phase 2 study is set to begin in 2022, aiming to evaluate Ampligen's efficacy post-FOLFIRINOX. The study's positive endpoints include improved survival rates and increased B-cell counts, providing hope for patients with limited treatment options.
AIM ImmunoTech Inc. has announced the sale of its New Brunswick, New Jersey facility for $3.9 million. This strategic move aims to reduce operational expenses by over $1 million annually, allowing the company to focus on advancing its oncology and long-COVID clinical programs. CEO Thomas Equels emphasized the importance of this transaction in streamlining their processes toward FDA and EMA drug approvals. AIM will retain access to the facility for specific activities and plans to lease additional space for product development.
AIM ImmunoTech Inc. has appointed Robert Dickey IV as its new Chief Financial Officer, effective April 4, 2022. Dickey, a financial leader with over 25 years of experience in life sciences and medical devices, replaces Ellen Lintal, who will transition to a consulting role. AIM is poised for significant growth with six ongoing oncology clinical trials and multiple data readouts expected within the next year. The company believes Dickey's extensive background in capital markets and business development will bolster its strategic initiatives.
AIM ImmunoTech has announced participation in a webinar on January 27, 2022, from 2:00 PM to 3:00 PM ET, focusing on the clinical plans for the investigational drug Ampligen in treating myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) and Long COVID.
The session will feature key executives discussing the drug's development, which has shown promise in improving cognitive function among patients. Attendees can register for the event through the provided link.
AIM ImmunoTech announced positive results from a Phase 1/2 clinical study on its intraperitoneal chemo-immunotherapy for advanced recurrent ovarian cancer. The study, demonstrating a well-tolerated safety profile, involved 12 patients and highlighted a 55.6% overall response rate and a median overall survival of 30 months. The promising results support the advancement to a Phase 2 trial, evaluating the immunologic and clinical efficacy of a tumor-loaded αDC1 vaccine combined with cisplatin and chemokine modulation. This development is expected to provide hope for patients and create shareholder value.
AIM ImmunoTech Inc. (NYSE: American AIM) announced a live video webcast presentation on January 26, 2022, at 10:00 AM ET during the Virtual Investor 2022 Top Picks Conference. CEO Thomas K. Equels will present the company’s advancements in therapeutics for cancer, immune disorders, and viral diseases, including COVID-19. The event will feature a corporate presentation followed by an interactive Q&A session. Interested parties may submit questions live or in advance. The presentation will be accessible via the company's website, with a replay available for one year.
AIM ImmunoTech announced that safety data for its drug Ampligen was presented at the Eighth European Scientific Working Group on Influenza conference held virtually from December 4-7, 2021. The Centre for Human Drug Research shared interim results from a Phase 1 clinical study, which involved 40 healthy subjects. The study showed no severe adverse events at various dosages of Ampligen. AIM expects to receive the complete study report in January 2022. The company focuses on developing therapeutics for cancers, immune disorders, and viral diseases, including COVID-19.
AIM ImmunoTech Inc. (NYSE American: AIM) announces CEO Thomas Equels' participation in two significant investor conferences. He will join the 'COVID-19: What’s Next in Prevention, Treatment & Diagnostics' panel at the BioFlorida Conference on December 9, 2021, at 1:45 PM EST, and also partake in the CEO Forum later that day. Additionally, Equels is scheduled to speak at the Benzinga All Access event on December 16, 2021, at 11:20 AM EST. These engagements highlight AIM's commitment to addressing urgent health issues, including COVID-19 and cancer treatments.
AIM ImmunoTech Inc. (NYSE American: AIM) reported its third quarter financial results for 2021, revealing a cash position of $53.7 million as of September 30. R&D expenses rose to $2.0 million, while G&A expenses decreased to $1.8 million, with a net loss of $3.8 million. The company is advancing multiple clinical trials for Ampligen, including a planned Phase 2 study for late-stage pancreatic cancer following positive survival data. AIM is also focused on developing treatments for COVID-19-related cognitive issues and has filed two provisional patents regarding Ampligen therapies.
AIM ImmunoTech has submitted an Investigational New Drug (IND) application for its drug Ampligen to the FDA, seeking Fast Track status for a Phase 2 study targeting late-stage pancreatic cancer. The AMP-270 trial will include around 250 participants, comparing Ampligen plus standard care against standard care alone. Early data from a prior study reported a median overall survival increase of 6.7 months for Ampligen-treated patients. AIM's application aims to enhance development and review processes for potential therapies addressing serious medical conditions.
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