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Immutep Limited American Depositary Shares - IMMP STOCK NEWS

Welcome to our dedicated page for Immutep American Depositary Shares news (Ticker: IMMP), a resource for investors and traders seeking the latest updates and insights on Immutep American Depositary Shares stock.

Immutep Limited (NASDAQ: IMMP) is a globally active biotechnology company focusing on the development of innovative immunotherapy products for cancer and autoimmune diseases. Listed on both the Australian Stock Exchange and the Nasdaq Global Market in the U.S., Immutep is at the forefront of personalized bio-therapeutic treatment options.

At the core of Immutep's research and development is the LAG-3 immune control mechanism, crucial for the regulation of the T cell immune response. The company's flagship product, IMP321, a T cell immunostimulatory factor (APC activator), has completed Phase II clinical trials for cancer chemo-immunotherapy. This product is designed to enhance the body's immune response to cancer, providing a novel treatment option for patients.

In addition to IMP321, Immutep is advancing several other LAG-3 related products. These include IMP701, a blocking anti-LAG-3 antibody for cancer currently in Phase I clinical trials, and CVac, a personalized immunocellular therapeutic being investigated for the treatment of epithelial cancer. The development of these products is supported through partnerships with large pharmaceutical companies, aiming to accelerate the availability of these innovative treatments.

Immutep's operations are headquartered in Australia, with the majority of its revenue derived from product sales. The company remains committed to maximizing shareholder value through its technological expertise and robust pipeline of products.

For investors, Immutep represents a significant opportunity in the biotechnology sector, with its cutting-edge research and promising clinical advancements poised to make a substantial impact on cancer and autoimmune disease treatment.

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Immutep (ASX: IMM; NASDAQ: IMMP) has completed patient enrolment in the randomised Phase II portion of the AIPAC-003 clinical trial. The trial enrolled 65 metastatic breast cancer patients who have exhausted endocrine therapy including CDK4/6 inhibitors. Patients were recruited from 22 clinical sites in Europe and the United States.

The study is designed to determine the optimal biological dose of eftilagimod alpha ('efti') in combination with paclitaxel, aligning with the FDA's Project Optimus initiative. Patients were randomised 1:1 to receive either 30mg or 90mg dosing of efti. The company will provide further updates after data collection, cleaning, and analysis.

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Immutep (ASX: IMM; NASDAQ: IMMP) has received a €2,194,918 (~A$3,627,980) R&D tax incentive payment from the French Government under its Crédit d'Impôt Recherche (CIR) scheme. This cash payment is for eligible R&D activities conducted in the European Union during the 2023 calendar year. The CIR allows French companies to be reimbursed 30% of their eligible R&D expenditure.

Immutep qualifies for this incentive through its subsidiary Immutep S.A.S., which conducts research in its French laboratory. The company also qualifies for cash rebates from the Australian Federal Government's R&D tax incentive program for eligible activities in Australia. These funds will support the ongoing and planned global clinical development of eftilagimod alpha and IMP761.

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Immutep (ASX: IMM; NASDAQ: IMMP) announced new data from the EFTISARC-NEO Phase II trial will be presented at the Connective Tissue Oncology Society 2024 Annual Meeting. The trial evaluates a novel triple combination of eftilagimod alpha (efti), radiotherapy, and KEYTRUDA® (pembrolizumab) for soft tissue sarcoma (STS) patients. This is the first trial to assess efti in a neoadjuvant setting, providing access to tumor tissue before and after treatment.

Initial efficacy data from May 2024 showed promising results, with most of the first six patients experiencing deep responses rarely seen in STS. STS is an orphan disease with high unmet medical need, affecting ~23,400 cases annually in Europe and an estimated 13,590 new cases in the US in 2024. The open-label study will treat up to 40 patients and is primarily funded by a Polish government grant.

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Immutep (ASX: IMM; NASDAQ: IMMP) announced positive results from the TACTI-003 Phase IIb trial evaluating eftilagimod alpha (efti) in combination with KEYTRUDA® for first-line treatment of recurrent or metastatic head and neck squamous cell carcinoma. Key findings include:

1. Higher objective response rates (ORR) in patients with any PD-L1 expression (CPS ≥1): 32.8% for efti+KEYTRUDA vs 26.7% for KEYTRUDA alone.

2. Strongest outperformance in high PD-L1 expressing patients (CPS ≥20): 31.0% ORR (34.5% including post-cutoff data) vs 18.5% for KEYTRUDA alone.

3. High durability of response of 17.5 months in the combination arm.

4. Favorable safety profile with no new safety signals observed.

5. Statistically significant increase in absolute lymphocyte count, indicating efti's biological activity.

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Immutep (ASX: IMM; NASDAQ: IMMP) announces a late-breaking abstract for oral presentation at the 2024 ESMO Congress in Barcelona. The presentation will detail results from the randomized TACTI-003 Phase IIb trial evaluating eftilagimod alpha (efti) in combination with pembrolizumab versus pembrolizumab alone in first-line head and neck squamous cell carcinoma patients with any PD-L1 expression (CPS >1).

The presentation, titled 'Primary Results from TACTI-003,' will be delivered by Dr. Claus Andrup Kristensen on September 15, 2024. This selection as a Proffered Paper indicates high-quality research with potential implications for clinical practice or disease understanding.

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Immutep has announced the successful dosing of the first participant in the Phase I clinical trial of IMP761, a first-in-class agonist LAG-3 antibody.

This trial aims to restore immune system balance by enhancing the LAG-3 brake function to address autoimmune diseases. Conducted by the Centre for Human Drug Research (CHDR) in Leiden, Netherlands, the study plans to enroll 49 healthy volunteers. The trial will assess safety, pharmacokinetics, and pharmacodynamics of IMP761 with initial safety data expected by year-end and further data by the first half of CY2025.

Preclinical studies have shown IMP761 to significantly reduce inflammatory cytokines and suppress antigen-specific T cell–mediated immune responses. The trial targets conditions like rheumatoid arthritis, Type 1 diabetes, and multiple sclerosis.

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Immutep (ASX: IMM; NASDAQ: IMMP), a clinical-stage biotech company focused on LAG-3 immunotherapies for cancer and autoimmune diseases, has announced its participation in two upcoming investor conferences. The company will present at the Canaccord Genuity 44th Annual Growth Conference in Boston on August 14, 2024, and the Baird 2024 Global Healthcare Conference in New York on September 10, 2024.

At the Canaccord event, Immutep's presentation is scheduled for 8:30-8:55 AM ET, while at the Baird conference, it will present from 1:25-1:55 PM ET. A live webcast and replay of the Canaccord presentation will be available on Immutep's website and through a provided link.

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Immutep (ASX: IMM; NASDAQ: IMMP) reported significant developments in Q4 FY24:

Key highlights:

  • Entered a pivotal Phase III trial collaboration with MSD for eftilagimod alfa in 1L NSCLC
  • Reported positive results from TACTI-003 Phase IIb trial in 1L HNSCC
  • Presented encouraging data from AIPAC-003 and EFTISARC-NEO trials
  • Signed an exclusive license with Cardiff University for oral LAG-3 therapy
  • Completed A$100.2 million equity financing

Immutep's cash position totaled A$181.8 million, extending runway to end of 2026. The company continues to advance its clinical programs for efti in various cancer indications and IMP761 for autoimmune diseases.

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Immutep (NASDAQ: IMMP) has successfully concluded regulatory preparations for its TACTI-004 Phase III trial design, following positive feedback from the FDA. The trial will evaluate eftilagimod alfa (efti) in combination with KEYTRUDA® (pembrolizumab) and standard chemotherapy for first-line metastatic non-small cell lung cancer (1L NSCLC), regardless of PD-L1 expression.

Key points:

  • Trial will enroll ~750 patients
  • Targets entire 1L NSCLC market eligible for anti-PD-1 therapy
  • Based on positive data from TACTI-002 Phase II and INSIGHT-003 trials
  • Dual primary endpoints: progression-free and overall survival
  • 1:1 randomized, double-blind, multinational, controlled design
  • Includes both squamous and non-squamous NSCLC subtypes
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Immutep (ASX: IMM; NASDAQ: IMMP) has received regulatory clearance in the Netherlands to initiate a Phase I study of IMP761, the world's first therapeutic LAG-3 agonist antibody for autoimmune diseases. The study, expected to enroll 49 healthy volunteers starting Q3 CY2024, will assess safety, pharmacokinetics, and pharmacodynamics.

IMP761 aims to restore immune system balance by enhancing LAG-3's 'brake' function to silence self-antigen-specific memory T cells, which cause many autoimmune diseases. The antibody has shown promise in preclinical studies for suppressing T cell-mediated immune responses and reducing inflammatory cytokines.

The trial, conducted by the Centre for Human Drug Research in Leiden, will use a unique KLH challenge model to evaluate IMP761's pharmacological activity. First data is anticipated before the end of 2024.

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FAQ

What is the current stock price of Immutep American Depositary Shares (IMMP)?

The current stock price of Immutep American Depositary Shares (IMMP) is $2.03 as of December 20, 2024.

What is the market cap of Immutep American Depositary Shares (IMMP)?

The market cap of Immutep American Depositary Shares (IMMP) is approximately 311.3M.

What is Immutep Limited?

Immutep Limited is a biotechnology company developing innovative immunotherapy products for cancer and autoimmune diseases.

What products does Immutep specialize in?

Immutep specializes in products based on the LAG-3 immune control mechanism, including IMP321 for cancer chemo-immunotherapy, and other LAG-3 related products like IMP701 and CVac.

What is the LAG-3 immune control mechanism?

The LAG-3 immune control mechanism is crucial for regulating the T cell immune response and is used by Immutep in developing therapies for cancer and autoimmune diseases.

What is IMP321?

IMP321 is a T cell immunostimulatory factor (APC activator) developed by Immutep for cancer chemo-immunotherapy. It has completed Phase II clinical trials.

What are the other key products in Immutep's pipeline?

Other key products include IMP701, a blocking anti-LAG-3 antibody for cancer, and CVac, a personalized immunocellular therapeutic for epithelial cancer.

With which markets is Immutep affiliated?

Immutep is listed on the Australian Stock Exchange and the Nasdaq Global Market in the U.S.

Where is Immutep headquartered?

Immutep is headquartered in Australia.

What are Immutep's key partnerships?

Immutep collaborates with large pharmaceutical companies to develop and bring its products to market.

How does Immutep generate revenue?

Immutep generates the majority of its revenue from the sale of its biotechnology products.

Why should investors consider Immutep?

Investors should consider Immutep for its cutting-edge research, promising clinical advancements in immunotherapy, and strategic partnerships.

Immutep Limited American Depositary Shares

Nasdaq:IMMP

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311.28M
145.44M
0.01%
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3.53%
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