INmune Bio Inc. - INMB STOCK NEWS

INmune Bio, Inc. (NASDAQ: INMB) reported its financial results for the year ending December 31, 2020. The company announced a net loss of approximately $12.1 million, a rise from $7.7 million in 2019. Research expenses totaled $5.9 million, while administrative costs were $6.3 million. Highlights include interim Phase 1b data showing that XPro1595 reduced neuroinflammation in Alzheimer's patients. The company raised $28.4 million through an ATM facility, strengthening its balance sheet. Upcoming milestones include Phase 2 studies for XPro1595 and Quellor.

INmune Bio, Inc. (NASDAQ: INMB) announced a conference call scheduled for March 4, 2021 at 4:30 PM ET to discuss its fourth quarter and full year 2020 results. The company is focused on harnessing the innate immune system to develop treatments for various diseases, including COVID-19, cancer, Alzheimer's, and NASH. The call can be accessed via dial-in or a live webcast, with a replay available until March 11, 2021.

For more information about INmune Bio, visit www.inmunebio.com.

INmune Bio (NASDAQ: INMB) has released interim data from its Phase 1b trial showing that XPro1595 significantly reduces neuroinflammation and improves biomarkers in Alzheimer’s disease patients after three months of therapy. Key results indicate decreased CSF levels of neuroinflammatory markers with p-values less than 0.0001, while MRI findings suggest notable neuroimaging improvements. The company plans to initiate a blinded randomized Phase 2 study before the end of the year. A Key Opinion Leader webinar is scheduled for January 21, 2021, to discuss these findings in detail.

INmune Bio, Inc. (NASDAQ: INMB) announces a Key Opinion Leader (KOL) webinar on January 21, from 8:00 AM – 9:00 AM ET, to showcase expanded biomarker results from its Phase 1b clinical trial of XPro1595, targeting neuroinflammation in Alzheimer's patients. The trial aims to demonstrate a reduction in neuroinflammation through XPro1595, with updates presented by key experts including RJ Tesi, M.D., and Dr. CJ Barnum. The company previously noted a decrease in neuroinflammation as measured by the novel biomarker white matter free water (WMFW).

Bexion Pharmaceuticals has announced the appointment of Dr. RJ. Tesi to its Board of Directors. Dr. Tesi, currently the President and CEO of INmune Bio (NASDAQ: INMB), brings extensive experience in biotech entrepreneurship and clinical drug development. His leadership roles in various biotech firms and as a surgeon since 1982 position him to significantly influence Bexion's ongoing programs. Dr. Tesi expressed enthusiasm about joining a company with promising technology across therapeutic areas, forecasting potential success in the competitive biotech landscape.

INmune Bio (NASDAQ: INMB) announced the dosing of its first patient in a Phase 2 clinical trial for Quellor™, aimed at treating pulmonary complications from COVID-19. Quellor™ is a selective sTNF inhibitor designed to mitigate the immune response associated with COVID-19 infections. The trial will involve 366 high-risk patients, comparing standard care with Quellor™ administration. Key endpoints include the need for mechanical ventilation and other severe complications. The trial's outcomes could inform further development of Quellor™ and its potential market impact.

INmune Bio (NASDAQ: INMB) reported its Q3 2020 financial results, showing a net loss of approximately $4.7 million, up from $3.1 million in Q3 2019. R&D expenses rose to $2.4 million from $1.2 million, while G&A expenses increased to $2.5 million from $1.9 million. The company received a $2.9 million NIH grant for a Phase 2 study of XPro1595 in treatment-resistant depression and reported a 40.6% decrease in neuroinflammation in Alzheimer’s patients from Phase 1b trials. INMB completed a $25 million stock offering, raising net proceeds of $23.1 million.

INmune Bio, Inc. (NASDAQ: INMB) announced a conference call on November 5, 2020, at 4:30 PM ET to discuss third quarter results for the period ending September 30, 2020, and provide a corporate update. The call will allow stakeholders to gain insights regarding the company’s performance and future outlook. INmune Bio focuses on developing treatments that harness the innate immune system, with clinical trials for products targeting conditions like COVID-19, cancer, Alzheimer's, and depression.

INmune Bio (NASDAQ: INMB) announced new findings from its Phase Ib study targeting neuroinflammation in Alzheimer's patients, presented by CJ Barnum PhD at the International Conference on Alzheimer’s Drug Discovery. Preliminary results indicate that the treatment XPro1595 reduced White Matter Free Water (WMFW) by 40% on average in the arcuate fasciculus, a key brain area for language. The trial is ongoing, focusing on various biomarkers of neuroinflammation. XPro1595 aims to selectively inhibit soluble TNF, which is crucial in neurodegenative diseases.