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Immuneering Corporation - IMRX STOCK NEWS

Welcome to our dedicated page for Immuneering Corporation news (Ticker: IMRX), a resource for investors and traders seeking the latest updates and insights on Immuneering Corporation stock.

Immuneering Corporation (symbol: IMRX) is a biopharmaceutical company at the forefront of the fight against debilitating oncologic and neurologic diseases. Through the application of cutting-edge translational bioinformatics, Immuneering aims to improve patient outcomes and enhance the drug development process.

The company leverages its proprietary computational Disease Cancelling Technology platform to drive innovative drug discovery programs. This technology not only accelerates the identification of potential therapeutic candidates but also increases their success rates in clinical trials. Immuneering’s expertise extends beyond its own projects, offering unparalleled computational biology capabilities to various pharmaceutical and biotechnology companies.

Recent achievements include advancements in their key drug programs, IMM-1-104 and IMM-6-415, which are designed to target critical pathways involved in cancer and neurological disorders. The company’s financial condition remains robust, supported by strategic partnerships and continuous investment in research and development.

For the latest updates, Immuneering regularly communicates through media contacts such as Gina Nugent from Nugent Communications and investor contacts like Laurence Watts and Kiki Patel from Gilmartin Group. These channels ensure stakeholders are promptly informed about new developments, corporate highlights, and forward-looking statements.

Through its innovative approach and strategic collaborations, Immuneering Corporation stands as a significant player in the biopharmaceutical landscape, dedicated to transforming the treatment paradigms for some of the most challenging diseases.

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Immuneering Corporation (Nasdaq: IMRX) announced management's participation in Citi’s Biopharma VIRTUAL Co-Panel Day on May 18, 2022, focusing on software, artificial intelligence, and bioinformatics in drug development. The event will feature Ben Zeskind, Ph.D., Co-Founder and CEO, and will be webcast live at 10:00 am ET.

Immuneering aims to improve patient outcomes with a unique oncology and neuroscience pipeline. Its lead candidate, IMM-1-104, targets advanced solid tumors with RAS mutations, utilizing a proprietary 3D tumor modeling platform.

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Immuneering Corporation (Nasdaq: IMRX) announced its participation in Piper Sandler’s AI/ML Investor Conference on April 1, 2022, where CEO Ben Zeskind will discuss advancements in drug development using artificial intelligence and bioinformatics. Immuneering harnesses over a decade of experience in translational bioinformatics to enhance oncology and neuroscience therapies. Its lead candidate, IMM-1-104, is designed for treating advanced solid tumors in patients with RAS mutations by targeting the MAPK pathway. The company is also advancing other oncology and neuroscience programs.

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Immuneering Corporation (Nasdaq: IMRX) announces its participation in the 21st Annual Needham Virtual Healthcare Conference, scheduled for April 11-14, 2022. Management, including CEO Ben Zeskind and CFO Biren Amin, will present insights on the company's oncology pipeline and business strategy. The presentation will occur on April 12 from 3:45-4:25 PM ET. Immuneering's lead candidate, IMM-1-104, is a dual-MEK inhibitor targeting RAS mutations in advanced tumors, aimed at sparing healthy cells. The company uses a proprietary bioinformatics platform to advance its pipeline.

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Immuneering Corporation (Nasdaq: IMRX) reported financial results for Q4 and full year 2021, highlighting significant advancements in their lead product candidate, IMM-1-104. This candidate shows broad activity against various tumor models with activating mutations. The company holds $150.2 million in cash, ensuring funding through Q3 2024. Notably, they expect to file an IND for IMM-1-104 in Q3 2022. Research and development expenses increased to $26.5 million for 2021, primarily due to preclinical initiatives. The net loss for the year was $33.5 million, or $2.46 per share.

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Immuneering Corporation (Nasdaq: IMRX) showcases its oncology pipeline that spares healthy cells by modulating signaling dynamics. The company will participate in two investor conferences in March 2022 to discuss its product candidates and business strategy, including a panel at the Cowen 42nd Annual Health Care Conference and a fireside chat at the Oppenheimer 32nd Annual Healthcare Conference. The lead product candidate, IMM-1-104, targets RAS mutations in advanced tumors, supported by a unique translational bioinformatics approach.

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Immuneering Corporation (Nasdaq: IMRX) recently announced participation in two investor conferences to discuss its innovative oncology pipeline. The first presentation will be at the B. Riley Securities Virtual Oncology Investor Conference on January 28, 2022, at 12:00 pm ET, followed by a Guggenheim Virtual Oncology Conference on February 9, 2022, at 10:00 am ET. The company's proprietary pipeline focuses on oncology and neuroscience drug candidates designed to target tumor cells while sparing healthy cells. These insights stem from a robust translational bioinformatics platform.

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Immuneering Corporation (Nasdaq: IMRX) announced the appointment of Diana F. Hausman, M.D. to its Board of Directors, enhancing its leadership with her >20 years of clinical drug development experience. Dr. Hausman, previously Chief Medical Officer at Lengo Therapeutics, will contribute significantly to advancing Immuneering's pipeline, notably the lead candidate IMM-1-104, a dual-MEK inhibitor for RAS mutant tumors. Her extensive background in oncology showcases the company’s commitment to improving therapeutic options for cancer patients.

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Immuneering Corporation (Nasdaq: IMRX) has revealed promising preclinical data for its lead product candidate, IMM-1-104, indicating its potential to inhibit tumor growth in NRAS mutant melanoma models. This data, which compares IMM-1-104 to binimetinib, suggests superior efficacy, achieving tumor growth inhibition rates between 74.9% and 99.9%. The company plans to submit an Investigational New Drug application to the FDA in Q3 2022 and aims to commence human clinical trials by Q4 2022. The findings underscore IMM-1-104’s potential as a therapeutic alternative in treating RAS mutant tumors.

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Immuneering Corporation (Nasdaq: IMRX) has appointed Rimma Steinhertz, Ph.D., PMP, as Vice President of Project and Alliance Management, effective immediately. Dr. Steinhertz brings extensive experience in oncology and neurology, previously holding leadership roles at Glenmark Pharmaceuticals and Merck. In her new role, she will work with the leadership team to advance the clinical trials of IMM-1-104, a selective dual-MEK inhibitor targeting RAS mutant tumors. The company's strategy includes collaborations to enhance treatment approaches.

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Immuneering Corporation (Nasdaq: IMRX) announced its inclusion in the Nasdaq Biotechnology Index (NBI), effective December 20, 2021. This addition, less than five months post-initial public offering, aims to enhance visibility within the investment community. CEO Ben Zeskind highlighted the promising performance of the company’s lead candidate, IMM-1-104, demonstrating tumor growth inhibition across multiple animal models. The firm focuses on developing treatments for solid tumors driven by oncogenic mutations, supported by a pipeline encompassing six other oncology and two neuroscience programs.

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FAQ

What is the current stock price of Immuneering Corporation (IMRX)?

The current stock price of Immuneering Corporation (IMRX) is $2 as of December 20, 2024.

What is the market cap of Immuneering Corporation (IMRX)?

The market cap of Immuneering Corporation (IMRX) is approximately 57.8M.

What does Immuneering Corporation do?

Immuneering Corporation focuses on improving patient outcomes for oncologic and neurologic diseases using advanced translational bioinformatics.

What is the Disease Cancelling Technology platform?

It is Immuneering’s proprietary computational platform that enhances drug discovery by identifying and targeting disease pathways.

What are some of Immuneering’s key drug programs?

IMM-1-104 and IMM-6-415 are prominent programs targeting cancer and neurological disorders.

How does Immuneering assist other pharmaceutical companies?

It provides unmatched computational biology capabilities to support drug discovery and development processes for other firms.

Who are the main contacts for media and investor relations at Immuneering?

Gina Nugent from Nugent Communications and Laurence Watts along with Kiki Patel from Gilmartin Group.

How can I stay updated on Immuneering’s latest news?

Follow Immuneering’s announcements through their media and investor relations contacts or visit their official website for updates.

What type of diseases is Immuneering focused on?

Immuneering targets oncologic (cancer-related) and neurologic (related to the nervous system) diseases.

What makes Immuneering’s approach unique in drug discovery?

Its use of computational Disease Cancelling Technology allows for more efficient and targeted drug discovery processes.

What recent milestones has Immuneering achieved?

Advancements in their drug programs, particularly IMM-1-104 and IMM-6-415, and maintaining a strong financial and developmental trajectory.

What strategic partnerships does Immuneering have?

Immuneering collaborates with various pharmaceutical and biotechnology companies to leverage its computational biology expertise.

Immuneering Corporation

Nasdaq:IMRX

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57.76M
22.40M
29.12%
30.11%
6.9%
Biotechnology
Pharmaceutical Preparations
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