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.
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.
INmune Bio, a clinical-stage immunology company, announced a Key Opinion Leader (KOL) webinar on treatment resistant depression (TRD) scheduled for September 29, 2020, at 1:00 PM ET. The webinar will cover neuroinflammation's role in TRD, featuring experts Dr. Charles Raison and Dr. John Schneider. Additionally, the company received a $2.9 million SBIR grant from the NIH for a Phase 2 study of its lead candidate, XPro1595, aimed at tackling TRD. Registration for the live webinar is available online.
INmune Bio has secured a $2.9 million Small Business Innovation Research (SBIR) grant from the NIH to support a Phase 2 study of XPro1595, a treatment for treatment-resistant depression (TRD). This randomized, blinded study will involve 100 patients and utilize neuroimaging to explore neuroinflammation's role in TRD. With the study's sites at Emory University and the University of Alabama, the funding will be distributed over the next three years. The findings could have significant implications for treating TRD and related neurodegenerative diseases.
INmune Bio, Inc. (NASDAQ: INMB), a clinical-stage immunology firm, will participate in Oppenheimer's Fall Healthcare Life Science & Med Tech Virtual Investor Summit on September 23, 2020. The management team is open for virtual one-on-one meetings during the event. Interested parties can schedule meetings through a conference representative or contact James Carbonara at James@haydenir.com. The company focuses on harnessing the innate immune system to develop treatments for various diseases, including COVID-19 and cancer.
INmune Bio (NASDAQ: INMB) announced that the European Patent Office has granted a patent for XPro1595, an innovative treatment for neurological disorders, including Alzheimer’s Disease. The patent, effective until 2033 and owned by Xencor, Inc., highlights XPro1595's ability to cross the blood-brain barrier, allowing less invasive peripheral administration. Clinical data suggest a 40.6% reduction in neuroinflammation in key brain regions in Alzheimer’s patients. This patent positions INmune Bio to enhance its development efforts in the European market for CNS disorders.
INmune Bio, Inc. (NASDAQ: INMB) announced a conference call scheduled for August 5, 2020, at 4:30 PM ET to discuss Q2 results for the period ending June 30, 2020. The call aims to provide insights into the company’s ongoing development of treatments targeting the innate immune system, which includes products under the DN-TNF platform and the Natural Killer Cell Priming Platform. These platforms are designed to combat various diseases including COVID-19 complications, cancer, Alzheimer's, and chronic inflammation.
INmune Bio, Inc. (NASDAQ: INMB) was featured on Fox Business News, with CEO Dr. Raymond Tesi discussing the company's planned phase two human trials for a potential COVID-19 treatment using an anti-inflammatory drug. The segment highlighted the company's focus on leveraging the patient’s innate immune system and addressing lower drug costs. INmune Bio is developing several treatments through its DN-TNF and Natural Killer Cell Priming platforms, targeting diseases such as cancer, Alzheimer's, and COVID-19 complications.
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