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Immunic Inc - IMUX STOCK NEWS

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

Immunic, Inc. (Nasdaq: IMUX) is a leading clinical-stage biopharmaceutical company focused on developing selective oral immunology therapies for chronic inflammatory and autoimmune diseases. With a dedicated pursuit of innovative solutions, Immunic is at the forefront of transforming therapeutic approaches for conditions such as relapsing-remitting multiple sclerosis, ulcerative colitis, Crohn's disease, and psoriasis.

The company’s flagship product, IMU-838, is a selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme dihydroorotate dehydrogenase (DHODH). Currently in phase 2 and 3 clinical trials for various indications, IMU-838 has shown promising results in treating relapsing-remitting and progressive multiple sclerosis as well as moderate-to-severe ulcerative colitis. Additionally, IMU-838's mechanism as a nuclear receptor related 1 (Nurr1) activator underscores its potential neuroprotective effects.

Immunic is also advancing IMU-935, an inverse agonist of RORγt, and IMU-856, which aims to restore intestinal barrier function. IMU-856 is particularly notable for its innovative approach to gastrointestinal diseases, such as celiac disease and irritable bowel syndrome with diarrhea, by focusing on bowel architecture regeneration rather than immunomodulation.

Financially, Immunic has fortified its position with a significant private placement of up to $240 million, ensuring a strong cash runway through key clinical milestones. The company boasts robust partnerships with top-tier investors like BVF Partners and Janus Henderson Investors, reflecting strong market confidence in its clinical programs.

Highlighting its cutting-edge research, Immunic has presented pivotal data at prominent medical conferences, including the ACTRIMS Forum and has its results published in esteemed journals such as Neurology® Neuroimmunology & Neuroinflammation. These milestones not only solidify Immunic's scientific credibility but also mark significant progress in its clinical pipeline.

As of the latest updates, Immunic is gearing up for major clinical readouts, including the top-line data from the phase 2 CALLIPER trial expected in April 2025, and interim analyses from the phase 3 ENSURE trials anticipated in late 2024. The company’s achievements in these trials could potentially position vidofludimus calcium as a groundbreaking treatment option in the MS landscape.

Immunic continues to expand its patent portfolio, securing intellectual property rights that extend protection into the next two decades. This strategic move not only enhances its market exclusivity but also strengthens its competitive edge in the biotech industry.

Overall, Immunic, Inc. is poised for significant impact with its innovative oral therapies, backed by a strong financial foundation, strategic partnerships, and a commitment to addressing unmet medical needs in chronic inflammatory and autoimmune diseases.

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Immunic, Inc. (IMUX) announces publication of data from its phase 2 EMPhASIS trial of vidofludimus calcium in patients with relapsing-remitting multiple sclerosis (RRMS) in Neurology® Neuroimmunology & Neuroinflammation. The study shows that vidofludimus calcium suppresses MRI lesions by 76% to 78% compared to placebo, reduces disability worsening events, and displays a dose-dependent effect in RRMS patients. Immunic continues with phase 3 ENSURE trials in relapsing MS and phase 2 CALLIPER trial in progressive MS.

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Immunic, Inc. (IMUX) announced hosting a Multiple Sclerosis (MS) Research and Development Day and participation in investor conferences. The company's management will discuss the latest developments in the MS landscape and present clinical data on their late-stage clinical asset, vidofludimus calcium.
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Immunic, Inc. (IMUX) receives a Notice of Allowance for a key composition-of-matter patent covering a specific polymorph of vidofludimus calcium, enhancing its proprietary intellectual property protection. The patent extends protection into 2039 in the U.S. and internationally. The company's commitment to safeguarding its phase 3 asset is reinforced by this fourth U.S. patent focusing on the use of vidofludimus calcium in multiple sclerosis.
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Immunic, Inc. (IMUX) announces participation in key investor and scientific conferences in March 2024, showcasing their pipeline of small molecule therapies for inflammatory and autoimmune diseases.
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Immunic, Inc. presented data from phase 2 trials of vidofludimus calcium at the ACTRIMS Forum 2024. The interim analysis of the CALLIPER trial showed a significant reduction in serum NfL levels in progressive MS patients. The CALVID-1 trial indicated vidofludimus calcium's potential to reduce fatigue by blocking EBV reactivation in MS patients and post-COVID syndrome.
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Immunic, Inc. strengthens its balance sheet with a private placement of up to $240 million, extends cash runway, and reports positive interim analysis results from phase 2 CALLIPER trial for vidofludimus calcium in multiple sclerosis. The company also expands its patent portfolio and announces ongoing phase 3 ENSURE program. Financial results for the fourth quarter and year ended December 31, 2023, show promising advancements in clinical pipeline development.
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Immunic, Inc. (IMUX) to Release Q4 and Year-End 2023 Financial Results on February 22, 2024, with a Corporate Update. Webcast Scheduled at 8:00 am ET.
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Immunic, Inc. (IMUX) is set to participate in BioCapital Europe 2024 and ACTRIMS Forum 2024, where they will present poster presentations on the impact of Vidofludimus Calcium on Serum Neurofilament in Progressive MS and its potential to reduce fatigue in Multiple Sclerosis by blocking EBV reactivation.
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Immunic, Inc. (Nasdaq: IMUX) reported positive interim data from the phase 2 CALLIPER trial of vidofludimus calcium in PMS, improvements in gut health demonstrated in phase 1b clinical trial of IMU-856 in celiac disease, and expanded vidofludimus calcium patent portfolio. The company also announced a strengthened balance sheet and a three-tranche private placement of up to $240 million, extending its cash runway into the third quarter of 2025.
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Immunic, Inc. (IMUX) enters into a securities purchase agreement with accredited investors for a three-tranche offering, expecting to raise between $160 and $240 million. The company plans to use the net proceeds to fund the ongoing clinical development of its lead product candidates and for general corporate purposes, with an expected funding into the third quarter of 2025.
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FAQ

What is the current stock price of Immunic (IMUX)?

The current stock price of Immunic (IMUX) is $1.15 as of February 25, 2025.

What is the market cap of Immunic (IMUX)?

The market cap of Immunic (IMUX) is approximately 108.1M.

What is Immunic, Inc.'s primary focus?

Immunic, Inc. focuses on developing selective oral immunology therapies for chronic inflammatory and autoimmune diseases.

What are the key products of Immunic, Inc.?

Immunic's key products include IMU-838, a selective immune modulator, IMU-935, an inverse agonist of RORγt, and IMU-856, which targets intestinal barrier function restoration.

What stage are Immunic's clinical trials in?

Immunic's lead product, IMU-838, is in phase 2 and 3 clinical trials for various indications. IMU-856 is preparing for phase 2 clinical trials.

What diseases is Immunic aiming to treat with its therapies?

Immunic aims to treat diseases such as relapsing-remitting multiple sclerosis, ulcerative colitis, Crohn's disease, psoriasis, and celiac disease.

What financial achievements has Immunic recently made?

Immunic secured a private placement of up to $240 million, which ensures a strong financial position to advance its clinical programs.

What recent milestones have Immunic achieved?

Recent milestones include presenting data at the ACTRIMS Forum and publishing results in Neurology® Neuroimmunology & Neuroinflammation.

What is the significance of IMU-838?

IMU-838 inhibits DHODH, showing potential for treating multiple sclerosis and ulcerative colitis with neuroprotective and anti-inflammatory effects.

What potential does IMU-856 have?

IMU-856 aims to treat gastrointestinal diseases by restoring the intestinal barrier function, offering a novel approach beyond traditional immunomodulation.

How does Immunic protect its intellectual property?

Immunic has an extensive patent portfolio that provides protection for its product candidates into the next two decades.

Where can I find more information about Immunic, Inc.?

For more information, visit Immunic's official website at www.imux.com or the investor relations section at ir.imux.com.
Immunic Inc

Nasdaq:IMUX

IMUX Rankings

IMUX Stock Data

108.09M
89.15M
1.04%
64.94%
3.91%
Biotechnology
Pharmaceutical Preparations
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United States
NEW YORK