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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 Limited (NASDAQ: IMMP) announced the initiation of the AIPAC-003 trial, combining eftilagimod alpha ('efti') with paclitaxel for metastatic breast cancer. The dual therapy targets HR+/HER2-neg/low and triple-negative breast cancer, covering about 78% of cases. Approvals received in the US and Spain, with patient enrollment expected in early Q2 CY2023. The trial design, reviewed by the FDA and EMA, aims to inform a Biologics License Application and Marketing Authorisation Application.

With a promising safety profile and earlier positive trial results showing a median overall survival increase, Immutep aims to enhance treatment outcomes in breast cancer.

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Immutep Limited has announced the successful enrollment of 20 patients in the INSIGHT-003 trial, evaluating its lead product candidate, eftilagimod alpha (efti), in combination with standard anti-PD-1 therapy and chemotherapy for first-line non-small cell lung cancer (1L NSCLC). Initial results showed a promising 72.7% response rate and 90.9% disease control rate. The trial aims to assess the safety and efficacy of this triple therapy approach. Further data will be released throughout 2023 to guide the next steps in 1L NSCLC treatment.

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Immutep Limited (ASX: IMM; NASDAQ: IMMP) announced significant advancements in its product development for efti and IMP761. The US FDA granted a second Fast Track designation for efti in non-small cell lung cancer (1L NSCLC), following positive Phase II results showcasing an Overall Response Rate (ORR) of 40.4%. A successful FDA meeting allowed for a combined Phase II/III trial design for metastatic breast cancer (MBC), including triple-negative patients. Additionally, the company reported a strong cash balance of $68.38 million, extending its cash runway until FY24, while also scaling manufacturing for efti.

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Immutep Limited (NASDAQ: IMMP) announced that it has successfully enrolled over 50% of its target of 154 patients in the TACTI-003 Phase IIb trial, which evaluates its soluble LAG-3 protein, eftilagimod alpha (efti), in combination with Merck's KEYTRUDA® for treating recurrent or metastatic head and neck squamous cell carcinoma (HNSCC). The trial is ongoing across the U.S., Australia, and Europe, with full recruitment expected by mid-2023. The Independent Data Monitoring Committee has recommended trial continuation without modifications, reinforcing the potential efficacy of efti.

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Immutep Limited (ASX: IMM; NASDAQ: IMMP) announced a successful Type C meeting with the FDA, paving the way for a Phase II/III trial of eftilagimod alpha (efti) for metastatic breast cancer (MBC). The trial’s design includes an expanded patient population to include triple-negative breast cancer. Efti aims to improve standard-of-care chemotherapy by stimulating the immune system. The company’s cash runway is secured until mid-2024, supporting ongoing clinical development efforts.

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Immutep Limited (ASX: IMM; NASDAQ: IMMP) announced the successful completion of a 2,000L manufacturing run for its lead product candidate, eftilagimod alpha (efti), in partnership with WuXi Biologics. This achievement ensures readiness for late-stage clinical trials and potential commercial production. The manufacturing process was scaled up from 200L to 2,000L to meet demand for ongoing and future trials. Efti, a first-in-class soluble LAG-3 protein, is being developed for various cancer indications and has received Fast Track Designation from the FDA.

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Immutep Limited (ASX: IMM; NASDAQ: IMMP) announced the successful establishment of a GMP compliant manufacturing process for its autoimmune disease candidate, IMP761. Developed by Northway Biotech, this 200L scale production will facilitate IND-enabling studies in the first half of 2023 and subsequent clinical trials. IMP761 is projected to be a groundbreaking treatment by targeting self-reactive T cells in autoimmune diseases. Pre-clinical studies have shown significant reductions in cytokine levels, marking promising advancements in immunotherapy.

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Immutep Limited (ASX: IMM; NASDAQ: IMMP) has announced that CEO Marc Voigt will present at The JMP Securities Hematology and Oncology Summit on December 7, 2022, at 11:20 am EST. The event is virtual, offering one-on-one meetings with Mr. Voigt. A live webcast of the presentation will be accessible via their website and archived for later viewing. Immutep focuses on developing LAG-3 immunotherapies for cancer and autoimmune diseases, with lead candidate eftilagimod alpha being tested in various clinical trials.

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Immutep Limited (NASDAQ: IMMP) announces a new collaboration with Merck KGaA and Pfizer for the Phase I clinical study INSIGHT-005, focusing on metastatic urothelial cancer. This study builds on positive results from previous trials with eftilagimod alpha (efti) and avelumab, targeting patients who have limited treatment options. The first patient is anticipated to be enrolled in H1 2023. Urothelial cancer is prevalent in the US, with an estimated 81,180 new cases in 2022. This collaboration intends to enhance the potential of efti in various cancer types and improve patient outcomes.

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Immutep (ASX: IMM; NASDAQ: IMMP) announced it has secured a cash rebate of A$986,286 (~US$659,303) from the Australian Federal Government's R&D tax incentive program for eligible R&D activities in the 2021 fiscal year, particularly for its TACTI-002 clinical study involving eftilagimod alpha (efti). This follows a previous EU tax incentive of €1,804,341 (~US$1,862,143). The funds will support ongoing clinical trials, with cash flow expected to last into the first half 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 $2.05 as of November 15, 2024.

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

The market cap of Immutep American Depositary Shares (IMMP) is approximately 304.0M.

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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304.00M
1.45B
0.01%
6.61%
3.42%
Biotechnology
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