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INmune Bio Inc. - INMB STOCK NEWS

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

INmune Bio Inc. (NASDAQ: INMB) is a clinical-stage biotechnology company focused on developing novel immunotherapies that leverage the body’s innate immune system to fight cancer and other diseases. The company has a robust pipeline of product candidates, including INKmune™, INB03™, XPro™, and LIVNate™.

The company’s leading product, INKmune™, is designed to prime a patient’s natural killer (NK) cells to target and eliminate cancer cells that remain after initial treatment, thereby preventing relapse. By enhancing the functionality of NK cells, INKmune™ aims to boost the body’s ability to control residual disease, potentially extending patient survival.

INmune Bio’s INB03™ is a dominant-negative tumor necrosis factor (DN-TNF) inhibitor targeting high-risk breast cancers expressing MUC4 and triple-negative breast cancer (TNBC). Recent data presented at the American Association of Cancer Research in San Diego highlighted INB03™’s potential to decrease T cell and macrophage immune checkpoint proteins and reduce the metastatic potential of TNBC.

The company has also achieved significant milestones with XPro™, a treatment for Alzheimer’s Disease. INmune Bio recently announced the successful completion of the extended stability validation for continuous storage of XPro™ in solution, confirming its 24-month stability. The company is preparing for Phase III trials and commercial applications, leveraging established global distribution systems.

In addition, INmune Bio has entered into definitive agreements for the sale and purchase of nearly 1 million shares of its common stock and warrants, generating gross proceeds of approximately $9.7 million. These funds are earmarked to support ongoing clinical trials, including the Phase 2 trial for Alzheimer’s Disease and the Phase 1 trial for metastatic castration-resistant prostate cancer (mCRPC) using INKmune™.

The company’s management has focused on ensuring the safety and efficacy of their treatments. Recently, INKmune™ has shown promising results in initial clinical trials for mCRPC, with no significant adverse events reported, and approvals to proceed with further dosing cohorts.

For investors and stakeholders, INmune Bio provides a unique investment opportunity, combining cutting-edge science with a commitment to improving patient outcomes through innovative immunotherapy solutions. For more information, visit www.inmunebio.com.

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INmune Bio (NASDAQ: INMB) has announced the complete repayment of its $15.0 million Term Loan from Silicon Valley Bank and SVB Innovation Credit Fund VIII, L.P. The loan, borrowed in 2021, was fully repaid on December 2, 2024, ahead of its January 1, 2025 maturity date. The company's CFO, David Moss, noted that this repayment will reduce quarterly cash burn and strengthen the balance sheet before upcoming Phase 2 Alzheimer's Disease trial data.

The company also mentioned the over-enrollment of its AD02 Trial in Alzheimer's Disease, focusing on Early AD patients with elevated neuroinflammation biomarkers. Top-line cognitive data from this six-month phase 2 trial is expected in Q2 2025.

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INmune Bio (NASDAQ: INMB) and OmniScience have partnered to implement Vivo, a genAI-powered clinical trial control tower, for INmune's global Phase 2 Alzheimer's disease trial. The AD02 trial has completed patient randomization with 208 participants, comprising 56% mild AD and 44% mild cognitive impairment patients.

Vivo unifies data from multiple sources including EDC, CTMS, PROs/COAs, labs, and safety databases, providing real-time insights for improved decision-making. Initial benefits include enhanced data quality through automatic discrepancy identification, improved COA visualization, and real-time decision support for patient enrollment. Top-line cognitive results are expected in Q2 2025.

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INmune Bio has completed patient randomization in its Phase 2 trial for Early Alzheimer's Disease (AD02), with a total of 208 enrolled patients. The global, blinded trial focuses on patients with elevated neuroinflammation biomarkers, with 56% categorized as mild AD and 44% as MCI. The study utilizes XPro™, targeting glial cells to reduce neuroinflammation and improve brain function. The primary endpoint measures cognitive function changes after 24 weeks using EMACC and CDR-SB metrics. Top-line cognitive results are expected in the second quarter of 2025.

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INmune Bio announced Q3 2024 financial results and business updates. Key highlights include completion of enrollment for Phase 2 Alzheimer's Disease trial with target of 201 patients, and positive interim analysis showing correlation between EMACC and CDR-SB cognitive measures. INKmune™ demonstrated safety and increased NK-Cell activity in prostate cancer trial. The company secured $13.0 million through securities purchase agreements and received a $2.5 million R&D rebate. Financial results show Q3 net loss of $12.1 million, with R&D expenses of $10.1 million. Cash position stands at $33.6 million as of September 30, 2024.

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INmune Bio (NASDAQ: INMB) announced a webinar on November 7, 2024, titled 'Why EMACC is the Optimal Tool for Measuring Cognitive Change in Early Alzheimer's Trials'. The event will feature experts discussing EMACC's development and advantages in assessing cognitive changes in early Alzheimer's Disease patients. Additionally, the company will present a poster at the Clinical Trial in Alzheimer's Disease (CTAD) conference in Madrid about EMACC's validation in Phase II trials.

The company is currently conducting a global Phase II trial using XPro™ in Early AD patients, focusing on those with neuroinflammation. The trial's primary endpoint measures cognitive function changes after 6 months using both EMACC and CDR-SB assessments.

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INmune Bio (NASDAQ: INMB) announces publication in Cell Reports demonstrating XPro™'s ability to promote remyelination in demyelinating disease animal models. The study, led by Dr. Leslie Probert at Hellenic Pasteur Institute, shows that XPro1595 converts microglia from damaging to reparative cells by blocking soluble TNF. This research has implications for treating various CNS diseases, including Alzheimer's Disease, where myelin loss compromises neuron function. The company expects to report top-line cognitive results from its Phase II Early AD patients trial in first half of 2025.

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INmune Bio (NASDAQ: INMB) has announced it will host a conference call on October 31, 2024, at 4:30 PM EDT to discuss its third quarter 2024 financial results and provide a corporate update. The clinical-stage inflammation and immunology company, which focuses on microglial activation and neuroinflammation in Alzheimer's Disease, will make the call available via phone and webcast. A transcript will be provided approximately 24 hours after the call, and a replay will be accessible through November 7, 2024.

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INmune Bio Inc. (NASDAQ: INMB), a clinical-stage inflammation and immunology company focusing on Alzheimer's Disease (AD), has announced its participation in the upcoming Maxim Healthcare Virtual Summit. The event is scheduled for October 15-17, 2024.

INmune Bio's management will be presenting at the summit on October 15, 2024, at 12:20 PM Eastern Time. The presentation will take the format of a fireside chat, and the company will also be available for one-on-one virtual meetings with attendees. Interested parties can register for the webcast through the provided link.

This participation provides an opportunity for INmune Bio to showcase its work on targeting microglial activation and neuroinflammation as potential causes of Alzheimer's Disease to healthcare industry professionals and investors.

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INmune Bio Inc. (NASDAQ: INMB) has completed enrollment for its Phase 2 trial in Early Alzheimer's Disease (AD). The global, blinded, randomized trial, known as AD02, focuses on patients with Early AD and biomarkers of elevated neuroinflammation. The company closed enrollment on September 27, 2024, after determining that ongoing screenings would meet the target of 201 patients. Patients currently in the screening process remain eligible, potentially leading to modest over-enrollment.

CJ Barnum PhD, VP of CNS Drug Development and AD02 trial leader, emphasized the significance of this milestone for INmune Bio, its partners, and trial participants. He noted that exceeding the 201-patient goal will enhance the trial's statistical power, expressing anticipation for the final study results.

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INmune Bio Inc. (NASDAQ: INMB) has announced initial results from the first patient cohort in its Phase I/II trial of INKmune™, a Natural Killer (NK) cell therapy for metastatic Castration-Resistant Prostate Cancer (mCRPC). The trial, named CaRe PC, has shown excellent safety profile with all patients receiving treatment as out-patients without pre-medication. Even at the lowest dose, there is clear evidence of persistent immunologic effects.

Key findings include:

  • Changes in phenotype and function of patients' NK cells
  • Increase in circulating activated NK cells in 2 of 3 patients
  • Increased NK cell function sustained for over 40 days after final infusion in all patients
  • One patient showed a transient 21% decrease in PSA associated with increased NK cell activity

The second dosing cohort has completed, and the third cohort is expected to begin in about 30 days, with doses 3 and 5 times higher than the first cohort, respectively.

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FAQ

What is the current stock price of INmune Bio (INMB)?

The current stock price of INmune Bio (INMB) is $4.4 as of December 20, 2024.

What is the market cap of INmune Bio (INMB)?

The market cap of INmune Bio (INMB) is approximately 98.0M.

What is INmune Bio Inc.'s primary focus?

INmune Bio Inc. focuses on developing immunotherapies that enhance the innate immune system to treat cancer and other diseases.

What is INKmune™?

INKmune™ is INmune Bio's lead product designed to prime a patient’s NK cells to eliminate residual cancer cells, preventing relapse.

What recent achievements has INmune Bio reported?

Recent achievements include positive data presentations for INB03™, the extended stability validation of XPro™, and successful funding through stock and warrant sales.

What is the significance of INB03™?

INB03™ is a DN-TNF inhibitor showing potential in treating high-risk MUC4 expressing HER2+ and triple-negative breast cancer, reducing metastatic potentials.

How does INmune Bio plan to use the recent funding?

The recent funding will support ongoing clinical trials for Alzheimer's Disease and metastatic castration-resistant prostate cancer using XPro™ and INKmune™, respectively.

What are the key components of INmune Bio’s product platforms?

INmune Bio's product platforms include the DN-TNF platform (INB03™, XPro™) and the Natural Killer Cell Priming Platform (INKmune™).

What ongoing clinical trials are INmune Bio conducting?

INmune Bio is conducting trials for INKmune™ in metastatic castration-resistant prostate cancer and XPro™ in Alzheimer's Disease.

How does INKmune™ work?

INKmune™ works by priming the patient’s NK cells to attack and kill tumor cells, improving the body’s ability to control residual disease.

Is INmune Bio’s technology approved by the FDA?

No, INmune Bio’s products like INKmune™, INB03™, and XPro™ are still in clinical trials and have not been approved by the FDA.

How can investors get more information about INmune Bio?

Investors can visit INmune Bio’s official website at www.inmunebio.com for more detailed information and updates.

INmune Bio Inc.

Nasdaq:INMB

INMB Rankings

INMB Stock Data

98.00M
15.74M
28.73%
24.35%
16.09%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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