Welcome to our dedicated page for Immuron American Depositary Shares news (Ticker: IMRN), a resource for investors and traders seeking the latest updates and insights on Immuron American Depositary Shares stock.
Immuron Limited (NASDAQ: IMRN) is a pioneering Australian biopharmaceutical company that specializes in oral immunotherapy. The company focuses on developing and commercializing therapies utilizing polyclonal antibody products that target the human gut immune system and microbiome. Immuron's cutting-edge technology platform is designed to create orally stable therapeutics, offering potential 'oral targeted therapy' for a variety of immune-mediated and inflammatory disorders, including non-alcoholic steatohepatitis (NASH), diabetes, colitis, arthritis, inflammatory bowel diseases (IBD), irritable bowel syndrome (IBS), liver fibrosis, and other chronic conditions influenced by the immune system.
These disorders represent growing areas of unmet medical need, where oral targeted therapy drugs could provide significant benefits due to their high safety profiles and minimal absorption. Immuron has successfully brought one product to market, serving as proof of concept for its oral immune technology platform. Additionally, the company boasts a robust pipeline of products in various stages of clinical development.
One of Immuron's prominent products is IMM-124E, a proprietary immunomodulatory agent aimed at treating gastrointestinal immune-mediated diseases, including fatty liver diseases. The company operates in two primary segments: Research and Development, and Hyperimmune Products.
Recent developments highlight Immuron's progress in the market. The company has reported increased sales of its travel-related product, Travelan®, especially in markets such as the USA and Canada. Notably, sales in the USA have exceeded expectations following the product’s launch on Amazon. The company is also exploring non-dilutive funding opportunities for its Phase 3 clinical trials and has filed a provisional patent application with the U.S. Patent Office to protect its innovative findings.
Immuron's strategy involves continuing to harness its unique oral immunotherapy platform to address significant medical needs, focusing on partnerships and collaborations to enhance its product offerings and market reach.
Immuron's CEO, Steven Lydeamore, will present at the Emerging Growth Conference on June 13, 2024. Immuron, an Australian biopharmaceutical company traded on ASX (IMC) and NASDAQ (IMRN), invites individual and institutional investors, as well as advisors and analysts, to join the interactive presentation. The session starts at 2:00 PM US Eastern Standard Time and will last for 12 minutes. Participants are encouraged to submit questions in advance or during the event. If unable to attend live, an archived webcast will be available on EmergingGrowth.com and its YouTube channel.
Immuron (IMRN), an Australian biopharmaceutical company, announced significant board changes on May 31, 2024. Dr. Roger Aston resigned as Non-Executive Director after serving since 2012, including as Chairman until 2023. Over his tenure, Immuron advanced its commercial and clinical programs, especially in diarrhoea prevention and gut health, strengthened by its partnership with the US Military. Dr. Aston's leadership was pivotal during capital raisings and the COVID-19 pandemic. Effective June 1, 2024, Dr. Jeannie Joughin, with extensive experience in immunology and senior roles at major pharmaceutical companies, will join as a Non-Executive Director, expected to enhance Immuron's strategic and commercial direction.
Immuron CEO Steven Lydeamore will be presenting at Peak Asset Management's Peak Sky High luncheon in Melbourne on June 1, 2024.
Immuron , an Australian-based biopharmaceutical company, is listed on the ASX as IMC and NASDAQ as IMRN.
The presentation slide deck is available on the company's website.
This press release was authorized by the directors of Immuron.
Immuron , an Australian biopharmaceutical company, will be presenting at the Emerging Growth Conference on May 8, 2024. Investors, analysts, and advisors can interact with the CEO, Steven Lydeamore, during the live event. Questions can be submitted in advance or during the presentation.
Immuron announces the resignation of Non-Executive Director Stephen Anastasiou to focus on other business interests. Stephen has been with the company since 2013, contributing to the launch of Travelan® in the USA and Canadian markets and dual listing on NASDAQ (IMRN). His departure is aimed at restructuring his business commitments to spend more time with family and pursue personal interests. Immuron Chairman expresses gratitude for Stephen's marketing and clinical contributions and wishes him success in future endeavors.
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