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Immatics N.V - IMTX STOCK NEWS

Welcome to our dedicated page for Immatics N.V news (Ticker: IMTX), a resource for investors and traders seeking the latest updates and insights on Immatics N.V stock.

Immatics N.V. (IMTX) is a clinical-stage biopharmaceutical leader developing T-cell redirecting immunotherapies for cancer treatment. This news hub provides investors and researchers with timely updates on groundbreaking therapies targeting solid and liquid tumors through proprietary platforms like Xpresient® and TCER® molecules.

Access consolidated coverage of press releases, clinical trial milestones, and strategic partnerships. Track developments in adoptive cell therapies and bispecific TCR molecules designed to enhance precision oncology outcomes. Our repository ensures you never miss critical updates about FDA interactions, collaborative research advancements, or pipeline expansions.

Key content categories include clinical program updates, partnership announcements with major industry players, financial disclosures, and scientific presentations. All materials are vetted for relevance to investment analysis and therapeutic innovation.

Bookmark this page for streamlined access to Immatics' latest achievements in immuno-oncology. Check regularly for authoritative reporting on their mission to redefine cancer treatment through engineered T-cell therapies.

Rhea-AI Summary
Immatics' IMA203 TCR-T program receives RMAT designation from FDA CBER for multiple PRAME-expressing tumors, including melanoma and ovarian cancer. The designation enhances the company's efforts to accelerate the development of IMA203 and brings potential benefits for advanced-stage solid tumor patients.
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Protalix BioTherapeutics appoints Eliot Richard Forster, Ph.D. as Chairman of the Board of Directors, effective September 14, 2023. Zeev Bronfeld to retire from the Board. Forster's extensive experience in the life sciences industry is expected to strengthen the company's research and development efforts.
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Moderna and Immatics announce a strategic research and development collaboration to develop therapies for cancer patients. Immatics will receive $120 million upfront cash payment plus research funding. The collaboration will leverage Immatics' TCR platform with Moderna's mRNA technology and focus on bispecifics, cell therapy, and cancer vaccines. The collaboration also includes evaluating Immatics' IMA203 TCR-T therapy in combination with Moderna's PRAME mRNA-based cancer vaccine.
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Immatics N.V. has provided a business update and reported financial results for the quarter ended June 30, 2023. The interim clinical data for IMA203 monotherapy showed a 67% confirmed objective response rate (ORR) in Phase 1b dose expansion Cohort A. Bristol Myers Squibb exercised its first opt-in into the cell therapy collaboration and made a $35 million equity investment. The company's cash position is $377.7 million as of June 30, 2023, and the projected cash runway is late 2025.
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Immatics N.V. has initiated a Phase 1/2 clinical trial for its TCER® IMA402, a next-generation TCR Bispecific targeting PRAME. The trial will evaluate safety, tolerability, and anti-tumor activity in patients with recurrent and/or refractory solid tumors. The first clinical data is expected in 2024.
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Bristol Myers Squibb has exercised its option and entered into a global license agreement with Immatics for the most advanced TCR-T product candidate from their ongoing collaboration. Immatics will receive an option payment of $15 million and is eligible for up to $490 million in milestone payments, as well as royalties on net sales of the product.
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Immatics N.V. (NASDAQ: IMTX) reported significant advancements in its ACTengine® IMA203 TCR-T immunotherapy, showing a 50% confirmed objective response rate (cORR) across various solid tumors in an interim update. The company plans to prioritize 1st and 2nd-generation monotherapy treatments in pivotal trials by 2H 2023. Progress includes the establishment of an in-house GMP manufacturing facility scheduled for 2024, enhancing production capacity. Financially, total revenue surged to €172.8 million in 2022, marking a substantial increase from €34.8 million in 2021, with a net profit of €37.5 million.

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Nasdaq:IMTX

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Biotechnology
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Germany
Tübingen