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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 its participation in several December investor conferences to discuss its oncology pipeline and business strategy. Key events include the Piper Sandler Global Healthcare Conference and Evercore ISI HealthCONx Conference, where executives will engage in investor meetings and fireside chats. The company focuses on developing therapies that target oncogenic signaling pathways, notably with its lead product candidate IMM-1-104, aimed at advanced solid tumors. Immuneering emphasizes its proprietary platform driven by translational bioinformatics.

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Immuneering Corporation (Nasdaq: IMRX) announced its participation in the upcoming Jefferies 2021 London Healthcare Conference, scheduled for November 16-19, 2021. Company executives, including CEO Ben Zeskind, will present virtually on November 18 at 08:00 GMT (03:00 AM ET). The presentation will highlight their innovative pipeline of oncology drug candidates, particularly focusing on their lead product, IMM-1-104, a selective dual-MEK inhibitor for advanced solid tumors. A live webcast will be available from November 18 at 3:00 AM ET, with on-demand access until November 19 at 12:00 PM ET.

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Immuneering Corporation (Nasdaq: IMRX) successfully completed its upsized IPO, raising $129.4 million in gross proceeds, providing funding into 2024. The company expects to file an IND application for IMM-1-104, a dual-MEK inhibitor targeting RAS mutant tumors, in Q1 2022. Financial results for Q3 2021 show a cash position of $159.6 million, research expenses of $6.2 million, and a net loss of $8.5 million or $0.47 per share. The company is focused on advancing its oncology pipeline and presented promising preclinical data for IMM-1-104.

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Immuneering Corporation (Nasdaq: IMRX) has revealed promising preclinical data for its lead product candidate, IMM-1-104, presented at the recent AACR-NCI-EORTC conference. The dual-MEK inhibitor showed extensive antitumor activity across various RAS and RAF mutant tumor models, including KRAS mutations. Notably, IMM-1-104 in combination with sotorasib demonstrated superior tumor regressions. The company plans to file an Investigational New Drug application with the FDA in Q1 2022, aiming to progress into human clinical trials in H1 2022.

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Immuneering (Nasdaq: IMRX) announced promising preclinical data for its lead product candidate, IMM-1-104, a selective dual-MEK inhibitor targeting RAS mutant tumors. The data demonstrates broad antitumor activity and tolerability, to be presented at the AACR-NCI-EORTC conference from October 7-10, 2021. The company plans to submit an IND application to the FDA in Q1 2022. A Key Opinion Leader event is scheduled for October 12, 2021, to discuss these findings further.

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Immuneering Corporation (Nasdaq: IMRX) has been included in the Russell 2000® Index as of September 20, 2021. This addition highlights the company’s successful Initial Public Offering and its dedication to oncology drug development targeting the RAS/MAPK pathway. The Russell 2000® Index includes around 2,000 small-cap companies and is widely utilized as a benchmark for investment strategies, with $9 trillion in assets linked to it. Immuneering’s focus on advancing therapies for cancer and neurological diseases is part of its robust pipeline aimed at improving patient outcomes.

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Immuneering Corporation (Nasdaq: IMRX) announced the completion of an upsized initial public offering, raising $129.4 million in gross proceeds to support its pipeline. The company expects to file an IND for IMM-1-104 in Q1 2022, targeting RAS mutant tumors. As of June 30, 2021, cash and equivalents stood at $50.2 million. R&D expenses rose to $7.0 million for Q2 2021, while net loss increased to $7.9 million or $1.61 per share, compared to the previous year. Management changes were made to strengthen leadership and expand the board.

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Immuneering Corporation (Nasdaq: IMRX) announced its participation in two virtual investor conferences in September 2021. Management, including CEO Ben Zeskind and CFO Biren Amin, will discuss the company’s pipeline and business strategy. The first event is Morgan Stanley’s Global Healthcare Conference, with a presentation on September 14 at 4:15 p.m. ET. The second event is Oppenheimer's Life Sciences & Med Tech Summit, with a presentation on September 21 at 4:35 p.m. ET. Both presentations will be webcast and archived for 30 days on the company’s Investor Relations website.

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Immuneering Corporation (Nasdaq: IMRX) has successfully completed its upsized initial public offering, closing on 8,625,000 shares of Class A common stock at $15.00 per share, yielding approximately $129.4 million in gross proceeds. The offering included a full exercise of the underwriters' overallotment option for 1,125,000 shares. Shares commenced trading on the Nasdaq on July 30, 2021. The funds raised are aimed at enhancing Immuneering's ongoing pipeline, which focuses on innovative oncology and neuroscience treatments.

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Immuneering Corporation (Nasdaq: IMRX) announced the pricing of its upsized initial public offering (IPO) of 7,500,000 shares of Class A common stock at $15.00 per share, raising total gross proceeds of $112.5 million. The offering is expected to close on August 3, 2021. There is also a 30-day option for underwriters to purchase an additional 1,125,000 shares. Shares are set to begin trading on Nasdaq on July 30, 2021. Immuneering's pipeline focuses on oncology and neuroscience, aiming to improve patient outcomes through its unique approach in drug development.

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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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IMRX Stock Data

57.76M
22.40M
29.12%
30.11%
6.9%
Biotechnology
Pharmaceutical Preparations
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United States of America
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