STOCK TITAN

INmune Bio Reports Key Findings from Phase 2 MINDFuL Trial of XPro™ in Early Alzheimer’s Disease

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)

INmune Bio (NASDAQ: INMB) has reported results from its Phase 2 MINDFuL trial evaluating XPro™, a selective soluble TNF inhibitor, in early Alzheimer's Disease (AD). While the modified intent-to-treat population (n=200) did not meet the primary cognitive endpoint, a predefined subgroup of amyloid-positive early AD patients with two or more biomarkers of inflammation (n=100) showed positive results.

Key findings in the subgroup demonstrated:

  • Clinical benefit on the primary endpoint EMACC (effect size: 0.27)
  • Improvement on the Neuropsychiatric Inventory (effect size: -0.24)
  • Biological benefit in blood levels of pTau217 (effect size: -0.20)

The treatment was well-tolerated with no occurrences of ARIA-E or ARIA-H, even in high-risk ApoE4+/+ patients. The most common adverse events were injection site reactions, affecting 80% of the XPro™ group. The company plans to file for Breakthrough Therapy Designation with the FDA and schedule an End-of-Phase 2 meeting in Q4 2025 to define the path for a pivotal trial.

INmune Bio (NASDAQ: INMB) ha riportato i risultati della sua sperimentazione di Fase 2 MINDFuL, che valuta XPro™, un inibitore selettivo del TNF solubile, nella fase iniziale della Malattia di Alzheimer (AD). Sebbene la popolazione modificata intent-to-treat (n=200) non abbia raggiunto l'endpoint cognitivo primario, un sottogruppo predefinito di pazienti con AD precoce amyloide-positivi e due o più biomarcatori di infiammazione (n=100) ha mostrato risultati positivi.

I risultati chiave nel sottogruppo hanno evidenziato:

  • Beneficio clinico sull'endpoint primario EMACC (dimensione dell'effetto: 0,27)
  • Miglioramento nell'Inventario Neuropsichiatrico (dimensione dell'effetto: -0,24)
  • Beneficio biologico nei livelli ematici di pTau217 (dimensione dell'effetto: -0,20)

Il trattamento è stato ben tollerato con nessun caso di ARIA-E o ARIA-H, anche nei pazienti ad alto rischio ApoE4+/+. Gli eventi avversi più comuni sono state reazioni nel sito di iniezione, che hanno interessato l'80% del gruppo trattato con XPro™. La società prevede di richiedere la Designazione di Terapia Sperimentale Avanzata presso la FDA e di programmare un incontro di fine Fase 2 nel quarto trimestre 2025 per definire il percorso verso uno studio pivotale.

INmune Bio (NASDAQ: INMB) ha presentado los resultados de su ensayo de Fase 2 MINDFuL que evalúa XPro™, un inhibidor selectivo del TNF soluble, en la enfermedad de Alzheimer (EA) en etapa temprana. Aunque la población modificada por intención de tratar (n=200) no alcanzó el objetivo cognitivo primario, un subgrupo predefinido de pacientes con EA temprana positiva para amiloide y dos o más biomarcadores de inflamación (n=100) mostró resultados positivos.

Los hallazgos clave en el subgrupo demostraron:

  • Beneficio clínico en el objetivo primario EMACC (tamaño del efecto: 0,27)
  • Mejora en el Inventario Neuropsiquiátrico (tamaño del efecto: -0,24)
  • Beneficio biológico en los niveles sanguíneos de pTau217 (tamaño del efecto: -0,20)

El tratamiento fue bien tolerado sin casos de ARIA-E o ARIA-H, incluso en pacientes de alto riesgo ApoE4+/+. Los eventos adversos más comunes fueron reacciones en el sitio de inyección, que afectaron al 80% del grupo XPro™. La compañía planea solicitar la Designación de Terapia Revolucionaria ante la FDA y programar una reunión de fin de Fase 2 en el cuarto trimestre de 2025 para definir el camino hacia un ensayo pivotal.

INmune Bio (NASDAQ: INMB)는 초기 알츠하이머병(AD)에서 선택적 용해성 TNF 억제제인 XPro™를 평가한 2상 MINDFuL 시험 결과를 발표했습니다. 수정된 의도치료군(n=200)은 주요 인지 평가 목표를 달성하지 못했으나, 염증 바이오마커 두 개 이상을 가진 아밀로이드 양성 초기 AD 환자 하위 그룹(n=100)은 긍정적인 결과를 보였습니다.

하위 그룹의 주요 결과는 다음과 같습니다:

  • 주요 평가변수 EMACC에서 임상적 이점 (효과 크기: 0.27)
  • 신경정신과 평가 도구(Neuropsychiatric Inventory) 개선 (효과 크기: -0.24)
  • 혈중 pTau217 수치에서 생물학적 이점 (효과 크기: -0.20)

치료는 ApoE4+/+ 고위험 환자에서도 ARIA-E 또는 ARIA-H 발생 없이 잘 견뎌졌습니다. 가장 흔한 부작용은 주사 부위 반응으로, XPro™ 그룹의 80%에서 나타났습니다. 회사는 FDA에 혁신 치료 지정(Breakthrough Therapy Designation)을 신청하고, 2025년 4분기에 2상 종료 미팅을 계획하여 중추 임상 시험 경로를 확정할 예정입니다.

INmune Bio (NASDAQ: INMB) a communiqué les résultats de son essai de phase 2 MINDFuL évaluant XPro™, un inhibiteur sélectif du TNF soluble, dans la maladie d'Alzheimer (MA) précoce. Bien que la population modifiée en intention de traiter (n=200) n'ait pas atteint le critère principal cognitif, un sous-groupe prédéfini de patients atteints de MA précoce amyloïde-positifs avec deux biomarqueurs ou plus d'inflammation (n=100) a montré des résultats positifs.

Les résultats clés dans ce sous-groupe ont démontré :

  • Un bénéfice clinique sur le critère principal EMACC (taille d'effet : 0,27)
  • Une amélioration sur l'Inventaire Neuropsychiatrique (taille d'effet : -0,24)
  • Un bénéfice biologique sur les niveaux sanguins de pTau217 (taille d'effet : -0,20)

Le traitement a été bien toléré, avec aucun cas d'ARIA-E ou ARIA-H, même chez les patients à haut risque ApoE4+/+. Les effets indésirables les plus fréquents étaient des réactions au site d'injection, affectant 80 % du groupe XPro™. La société prévoit de déposer une demande de désignation de thérapie révolutionnaire auprès de la FDA et de programmer une réunion de fin de phase 2 au quatrième trimestre 2025 afin de définir la voie pour un essai pivotal.

INmune Bio (NASDAQ: INMB) hat Ergebnisse seiner Phase-2-Studie MINDFuL veröffentlicht, in der XPro™, ein selektiver löslicher TNF-Inhibitor, bei frühzeitigem Alzheimer untersucht wurde. Während die modifizierte Intention-to-Treat-Population (n=200) den primären kognitiven Endpunkt nicht erreichte, zeigte eine vordefinierte Untergruppe amyloid-positiver Früh-AD-Patienten mit zwei oder mehr Entzündungs-Biomarkern (n=100) positive Ergebnisse.

Wichtige Befunde in der Untergruppe zeigten:

  • Klinischer Nutzen beim primären Endpunkt EMACC (Effektgröße: 0,27)
  • Verbesserung im Neuropsychiatrischen Inventar (Effektgröße: -0,24)
  • Biologischer Nutzen in Blutwerten von pTau217 (Effektgröße: -0,20)

Die Behandlung wurde gut vertragen, mit keinen Fällen von ARIA-E oder ARIA-H, selbst bei Hochrisiko-Patienten mit ApoE4+/+. Die häufigsten Nebenwirkungen waren Reaktionen an der Injektionsstelle, die 80 % der XPro™-Gruppe betrafen. Das Unternehmen plant, bei der FDA die Breakthrough-Therapy-Designation zu beantragen und im vierten Quartal 2025 ein End-of-Phase-2-Meeting anzusetzen, um den Weg für eine entscheidende Studie zu definieren.

Positive
  • Positive clinical benefit demonstrated in predefined subgroup with effect size of 0.27 on primary endpoint EMACC
  • Treatment showed improvement in Neuropsychiatric Inventory with effect size of -0.24
  • Biological benefit observed in blood levels of pTau217 with effect size of -0.20
  • No ARIA-E or ARIA-H events reported, demonstrating strong safety profile
  • Treatment effective across all age groups, regardless of comorbidities, medications, or ApoE4 status
Negative
  • Primary endpoint not met in the modified intent-to-treat population (n=200)
  • High rate (80%) of injection site reactions in XPro™ group compared to placebo (<20%)
  • 10 out of 14 patient discontinuations were due to injection site reactions
  • Benefits limited to subset of patients with two or more biomarkers of inflammation

Insights

XPro trial missed primary endpoint but showed promise in inflammatory AD subgroup, potentially advancing targeted neuroinflammation treatment approach.

INmune Bio's Phase 2 MINDFuL trial results represent a classic case of mixed clinical findings with a silver lining. While XPro™ failed to meet its primary cognitive endpoint (EMACC) in the overall modified intent-to-treat population of 200 patients, the predefined subgroup analysis reveals important signals worth unpacking.

The identified responder population - amyloid-positive early AD patients with two or more inflammatory biomarkers (n=100) - demonstrated meaningful benefits across cognitive, behavioral, and biological measures. The effect sizes reported (0.27 for cognition, -0.24 for neuropsychiatric inventory, -0.20 for pTau217) exceed the 0.2 threshold that typically indicates clinical relevance in early AD trials. This suggests XPro™ is modifying disease biology in this specific patient subset.

Particularly noteworthy is the favorable safety profile. The absence of ARIA-E/H (amyloid-related imaging abnormalities with edema/hemorrhage) - a significant concern with anti-amyloid antibodies like lecanemab and donanemab - represents a potential advantage. The most common adverse events were injection site reactions, affecting 80% of treated patients versus <20% on placebo, leading to 10 of 14 treatment discontinuations.

This study demonstrates the evolving paradigm in AD drug development toward precision medicine approaches. By targeting soluble TNF, a key mediator of neuroinflammation, XPro™ represents a mechanistically distinct approach from approved anti-amyloid therapies. The biomarker-driven patient selection strategy aligns with mounting evidence that inflammation plays a central role in AD progression for specific patient subgroups.

The company's pursuit of Breakthrough Therapy Designation suggests confidence in their findings despite the overall missed endpoint. Their next regulatory interactions will be pivotal in determining whether this targeted approach in inflammatory AD can advance to pivotal trials.

In the Phase 2 MINDFuL trial of XPro in patients with early Alzheimer’s Disease (AD) with biomarkers of inflammation, the modified intent-to-treat (mITT) population (n=200) did not meet the primary cognitive endpoint (EMACC), however in a predefined population of amyloid-positive early AD patients with two or more biomarkers of inflammation (n=100), a benefit of XPro treatment over placebo was observed in cognitive, behavioral and biological endpoints.

Treatment with XPro was well-tolerated and safe, even in the high risk ApoE4+/+ patient group, and ARIA-E or ARIA-H was not observed in any patients. The most common adverse events (AE) were injection site reactions.

Additional analyses will be presented at Alzheimer’s Association International Conference (AAIC) in Toronto, Canada (July 27-31, 2025) and the Company will submit for Breakthrough Therapy designation with the FDA.

Conference call today at 8AM ET, details below.

Boca Raton, June 30, 2025 (GLOBE NEWSWIRE) -- INmune Bio Inc. (NASDAQ: INMB), today announced results from its Phase 2 MINDFuL trial (NCT05318976) evaluating XPro™, a selective soluble TNF inhibitor, in early AD with biomarkers of inflammation. Despite showing no effects in the modified intent-to-treat population (mITT, n=200), predefined analyses demonstrated a cognitive benefit for XPro™ over placebo on the primary endpoint EMACC, a behavioral benefit on the Neuropsychiatric Inventory, and a biological benefit on pTau217 in early Alzheimer’s patients with two or more biomarkers of inflammation at baseline (n=100), marking a key milestone in the development of XPro™ for Early AD.

The MINDFuL trial, a double-blind, placebo-controlled study, enrolled 208 participants with early-stage AD to assess XPro™’s potential in slowing cognitive decline by tackling neuroinflammation. Patients with at least one of four inflammatory biomarkers (elevated CRP, ESR, HbA1c, or at least one ApoE4 allele) were randomized 2:1 (XPro™:placebo) and treated over 24 weeks. The primary endpoint was change in cognition over 6 months on the Early Mild Alzheimer’s Cognitive Composite (EMACC), a cognitive assessment designed specifically to measure change in early AD patients. While the primary endpoint was not met in the mITT group, key changes in clinical measures of cognition, behavior, and an AD-related biomarker demonstrated a benefit in a subpopulation of patients treated with XPro™ over patients treated with placebo. These results identify a clear population of AD patients for which XPro™ might have therapeutic benefit.  

Key Findings in the Amyloid positive Early AD participants with two or more biomarkers of inflammation (N=100):

  • Cognition: A clinical benefit of XPro™ over placebo was observed on the primary endpoint EMACC (effect size: 0.27) and on the secondary endpoint Neuropsychiatric Inventory (effect size: -0.24).
  • Alzheimer’s Disease Biomarkers: A biological benefit of XPro™ over placebo was observed in blood levels of pTau217 (effect size: -0.20), the gold standard measure of AD pathology in blood.  
  • Safety and tolerability: XPro™ treatment was safe and well tolerated, without any occurrences of ARIA-E or ARIA-H.  Injection site reactions (ISR) were common (80% of XPro™ group compared to placebo group (<20%).  ISRs were short-term redness and/or pain at the injection site in two thirds of cases.  Of the 14 patients in the XPro™ arm that discontinued the trial, ISR was the cause in 10 patients.  There were no deaths, drug-related hospitalizations or organ system toxicity in the trial. 
  • Novel mechanism of action: This study demonstrates that it is possible to safely target neuroinflammation in patients where neuroinflammation is a driver of AD pathology. With the increased interest in inflammation as a disease-modifier in AD and neurodegeneration, these results provide the basis for further development of XPro™ in neurodegeneration.

“These results highlight the potential of XPro™,” stated RJ Tesi, MD, CEO of INmune Bio. “Our findings indicate that XPro™ may offer benefits to Alzheimer’s patients across all age groups, regardless of comorbidities, additional medications, or ApoE4 status. This evidence lays the foundation for advancing XPro™ as a promising treatment option for Alzheimer’s disease.”

CJ Barnum, PhD, VP of CNS Drug Development, added, “By targeting neuroinflammation, a key driver of Alzheimer’s disease progression, XPro™ offers a novel mechanism to potentially slow disease progression and cognitive symptoms for persons living with Alzheimer’s disease and inflammation. The continued development of this therapeutic, whether as a standalone treatment or in combination with other therapies, holds promise in addressing this critical and growing unmet medical need.”

Additional analyses are underway and will be presented at AAIC in Toronto, Canada (July 27-31, 2025). 

Expert Commentary on Use of Effect Size in Clinical Trials

“In early-phase Alzheimer’s disease trials, absolute effect sizes of 0.2 or greater are considered preliminary evidence of potential therapeutic efficacy and are informative for signal detection in early phase studies when sample sizes are small and the unknowns of a novel mechanism are significant,” said Dr. Judith Jaeger, a leading expert in cognitive assessment and consultant to INmune Bio on this trial. “When a therapy consistently meets the 0.2 benchmark across multiple parameters (clinical and biological), confidence in the validity of the observed effects increases, indicating a therapy is worth advancing.”

Next Steps

INmune Bio will present additional analyses from the MINDFuL trial at AAIC® in Toronto, Canada (July 27-31, 2025). Based on the totality of the data, the company intends to:

  • File for Breakthrough Therapy Designation with the FDA.
  • Schedule an End-of-Phase 2 meeting with the FDA in Q4 2025 to define the path for a pivotal trial to support XPro™ approval in early AD.
  • Engage regulatory authorities in the UK, EU, and other regions in parallel.

MINDFuL Results Call Information:

To participate in this event, dial approximately at least 10 minutes before the beginning of the call or use the webcast link below. Please ask for the INmune Bio MINDFuL Conference Call when reaching the operator.

Date: June 30, 2025
Time: 8:00 AM Eastern Time
Participant Dial-in: +1-800-267-6316 Participant Dial-in (international): +1-203-518-9783
Conference ID: INMUNE

NOTE: THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY

To join by webcast link please click here or copy and past the link below into your browser:

https://viavid.webcasts.com/starthere.jsp?ei=1725659&tp_key=5cf89734df

A transcript will follow approximately 24 hours from the scheduled call. A replay will also be available through July 30, 2025 by dialing 1-844-512-2921 or 1-412-317-6671 (international) and entering pin no. 11159260.

Acknowledgements

INmune Bio wishes to extend their gratitude to the participants, caregivers, trial site staff, vendors, and any others who supported the efforts of this proof-of-concept phase 2 clinical trial.

About MINDFuL (NCT05318976)

The MINDFuL trial is an international, blinded, randomized Phase 2 trial in patients with Early AD with biomarkers of elevated neuroinflammation. Early AD includes patients with MCI (mild cognitive impairment) and mild AD. Patients must have at least one of four biomarkers of inflammation – elevated CRP, HgbA1c, ESR or ApoE4 allele.  Patients receive either XPro™ or placebo (2:1 ratio) for 6 months. The cognitive endpoints are EMACC and CDR. XPro™ is given as a once-a-week subcutaneous injection.  For more information on the MINDFuL clinical trial please visit www.clinicaltrials.gov or www.inmunebio.com

About Judith Jaeger, PhD

Judith Jaeger, PhD, is the principal developer of the EMACC. Judith Jaeger PhD is founder and President of CognitionMetrics, a prominent neurocognition consulting firm. Dr. Jaeger is an internationally recognized expert in designing cognitive function testing programs to use in clinical trials with more than two decades’ experience.

About EMACC

The EMACC is a validated cognitive composite derived from six standardized neuropsychological tests, empirically developed to provide optimal for sensitivity to decline in early AD. Unlike traditional clinical rating scales, EMACC minimizes variance from informant demographics, providing an objective measure of cognitive performance with no floor or ceiling effects.

AboutXPro™

XPro™ is an advanced tumor necrosis factor (TNF) inhibitor that targets soluble TNF (sTNF) while preserving trans-membrane TNF (tmTNF) and TNF receptors. By reducing neuroinflammation, XPro™ may offer significant benefits for patients with neurologic disorders, potentially enhancing cognitive function and supporting neuronal communication.

About INmune Bio Inc.

INmune Bio Inc. is a publicly traded (NASDAQ: INMB), clinical-stage biotechnology company focused on developing treatments that target the innate immune system to fight disease. INmune Bio has three product platforms: the Dominant-Negative Tumor Necrosis Factor (DN-TNF) product platform utilizes dominant-negative technology to selectively neutralize soluble TNF, a key driver of innate immune dysfunction and a mechanistic driver of many diseases. DN-TNF product candidates are in clinical trials to determine if they can treat Mild Alzheimer’s disease, Mild Cognitive Impairment and treatment-resistant depression (XPro™). The Natural Killer Cell Priming Platform includes INKmune® developed to prime a patient’s NK cells to eliminate minimal residual disease in patients with cancer and is currently in trials in metastatic castration-resistance prostate cancer. The third program, CORDStrom™, is a proprietary allogeneic, pooled, human umbilical cord-derived mesenchymal Stromal/Stem cell (hucMSCs) platform that recently completed a blinded randomized trial in recessive dystrophic epidermolysis bullosa. INmune Bio’s product platforms utilize a precision medicine approach for diseases driven by chronic inflammation and cancer.

Forward Looking Statements

Clinical trials are in early stages and there is no assurance that any specific outcome will be achieved. Any statements contained in this press release related to the development or commercialization of product candidates and other business and financial matters, including without limitation, trial results and data, including the results of the Phase 2 MINDFuL trial, the timing of key milestones, future plans or expectations for the treatment of XPro™, and the prospects for receiving regulatory approval or commercializing or selling any product or drug candidates may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations but are subject to several risks and uncertainties. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements because of these risks and uncertainties. CORDstrom™, XPro1595 (XPro™, pegipanermin), and INKmune®™ have either finished clinical trials, are still in clinical trials or are preparing to start clinical trials and have not been approved by the US Food and Drug Administration (FDA) or any regulatory body and there cannot be any assurance that they will be approved by the FDA or any regulatory body or that any specific results will be achieved. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company’s ability to produce more drug for clinical trials; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, clinical studies and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q and the Company’s Current Reports on Form 8-K. The Company assumes no obligation to update any forward-looking statements to reflect any event or circumstance that may arise after the date of this release.

Company Contact:

David Moss
Chief Financial Officer
(561) 710-0512
info@inmunebio.com

Daniel Carlson
Head of Investor Relations
(415) 509-4590
dcarlson@inmunebio.com


FAQ

What were the main results of INmune Bio's Phase 2 MINDFuL trial for XPro™ in Alzheimer's Disease?

While the trial missed its primary endpoint in the full population (n=200), a predefined subgroup of amyloid-positive early AD patients with two or more inflammatory biomarkers (n=100) showed positive results with effect sizes of 0.27 on EMACC and -0.24 on Neuropsychiatric Inventory.

How safe is XPro™ treatment based on the Phase 2 trial results?

XPro™ demonstrated a strong safety profile with no ARIA-E or ARIA-H events, even in high-risk ApoE4+/+ patients. The main safety concern was injection site reactions, affecting 80% of treated patients.

What are INmune Bio's (INMB) next steps for XPro™ development?

The company plans to file for Breakthrough Therapy Designation with FDA and schedule an End-of-Phase 2 meeting in Q4 2025 to define the path for a pivotal trial. Additional analyses will be presented at AAIC in Toronto (July 27-31, 2025).

What was the effect size of XPro™ on Alzheimer's biomarkers?

In the predefined subgroup, XPro™ showed a biological benefit in blood levels of pTau217 with an effect size of -0.20, which is considered clinically meaningful for early-phase AD trials.

How many patients discontinued XPro™ treatment in the Phase 2 trial?

14 patients in the XPro™ arm discontinued the trial, with 10 of these discontinuations due to injection site reactions.
Inmune Bio Inc

NASDAQ:INMB

INMB Rankings

INMB Latest News

INMB Latest SEC Filings

INMB Stock Data

154.54M
16.63M
23.96%
23.87%
24.43%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
BOCA RATON