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Innate Pharma S.A. (Symbol: IPHA) is a clinical-stage biotechnology company at the forefront of cancer treatment innovation. Specializing in immuno-oncology, Innate Pharma develops first-in-class therapeutic antibodies designed to harness the innate immune system. This pioneering approach helps the body's natural defenses recognize and combat cancer cells more effectively.
The company's diverse pipeline includes four clinical-stage antibodies along with several preclinical candidates. Key products under development include lacutamab, monalizumab, IPH5201, IPH5301, IPH6101, IPH62, IPH6401, and IPH6501. These therapies aim to address a wide range of cancer types, particularly those with high unmet medical needs.
Innate Pharma has made significant strides in the discovery and development of checkpoint inhibitors, leveraging its deep understanding of natural killer cell biology. This expertise has led to strategic partnerships with renowned biopharmaceutical companies such as AstraZeneca, Bristol-Myers Squibb, Novo Nordisk A/S, and Sanofi.
The company’s revenue streams primarily come from research collaborations, licensing agreements, and milestone payments from its pharmaceutical partners. Innate Pharma's proprietary platform, ANKET (Antibody-based NK cell Engager Therapeutics), forms the backbone of its innovative therapeutic strategies.
With a commitment to advancing cancer treatment, Innate Pharma continues to make significant progress in clinical trials and research, aiming to bring transformative therapies to patients worldwide.
Innate Pharma reported a net loss of €52.8 million for 2021, showing an improvement from a €64.0 million loss in 2020. Revenue dropped 64.6% to €24.7 million, largely due to reduced collaboration revenue from AstraZeneca. The cash position stands at €159.7 million. Notable advancements include the initiation of a Phase 3 trial for monalizumab with AstraZeneca and promising data from the lacutamab study in mycosis fungoides. The company also highlighted progress in its ANKET platform with Sanofi's Phase 1 trial initiation. A conference call is scheduled for today to discuss these results.
Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) has announced a conference call set for March 24, 2022, at 2 p.m. CET to discuss its financial results for the full year ending December 31, 2021. Key executives, including the CEO and CFO, will participate in the call. The event will be accessible via a live webcast and phone dial-in options. Innate Pharma focuses on oncology, developing therapeutic antibodies that leverage the immune system against cancer and maintains collaborations with major biopharmaceutical companies like AstraZeneca and Bristol-Myers Squibb.
Innate Pharma (Euronext Paris: IPH; Nasdaq: IPHA) has announced as of March 1, 2022, it has a total of 79,728,657 ordinary shares outstanding. Additionally, it has 6,514 Preferred Shares from 2016 and 7,581 from 2017. The total number of theoretical voting rights is 80,486,497, while the total number of exercisable voting rights stands at 80,467,922. This disclosure aligns with French regulatory requirements set forth by the AMF to keep the market informed.
As of February 1, 2022, Innate Pharma SA reports a total of 79,543,377 ordinary shares outstanding. The company also has 6,514 preferred shares from 2016 and 7,581 preferred shares from 2017. The total theoretical voting rights amount to 80,301,217, while the exercisable voting rights stand at 80,282,642. This disclosure aligns with French regulations aimed at promoting transparency in share ownership and voting rights.
Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) announced the participation of its senior management team in two upcoming virtual investor conferences on February 16, 2022. These events are the Citi's 2022 Virtual Immuno-Oncology Summit and the SVB Leerink Virtual 11th Annual Global Healthcare Conference. Innate Pharma focuses on developing therapeutic antibodies for cancer treatment, with a strong pipeline and collaborations with major biopharmaceutical companies such as Bristol-Myers Squibb and AstraZeneca.
On January 1, 2022, Innate Pharma reported a total of 79,542,627 ordinary shares outstanding and 6,514 preferred shares from 2016, alongside 7,581 preferred shares from 2017. The total theoretical voting rights amount to 80,300,467, while exercisable voting rights total 80,281,892. This disclosure complies with French regulations and aims to keep stakeholders informed of the company's share structure.
Innate Pharma is focused on oncology, developing therapeutic antibodies to combat cancer.
Innate Pharma SA has secured €28.7M in non-dilutive financing through two loans from Société Générale and BNP Paribas, aimed at enhancing its cash reserves and supporting research and development. These loans are primarily guaranteed by the French state and have a one-year term with a five-year extension option. The financing is part of government measures to aid businesses during the COVID-19 pandemic. Innate Pharma focuses on clinical-stage oncology, developing therapeutic antibodies to improve cancer treatment outcomes.
Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) has announced its participation in upcoming virtual investor conferences. Key dates include the ODDO BHF Digital Forum on January 6, 2022, and the H.C. Wainwright BIOCONNECT Virtual Conference with a fireside chat on January 10, 2022. Additionally, the Innate Pharma Virtual Corporate Access Event will occur from January 10-13, 2022. As a clinical-stage oncology-focused biotech, Innate Pharma is dedicated to advancing therapies using immunology to treat cancer.
Innate Pharma announced the initiation of a Phase 1/2 clinical trial for IPH6101/SAR443579, a novel NK cell engager targeting CD123 in patients with relapsed/refractory AML, B-ALL, or HR-MDS. Sponsored by Sanofi, the trial aims to assess safety, pharmacokinetics, and initial clinical activity. This marks the first clinical advancement of Innate's ANKET™ platform, noted for its promising pre-clinical results, including significant anti-leukemia activity and favorable safety profiles. The trial's start triggers a milestone payment from Sanofi, part of a broader collaboration for developing bispecific NK cell engagers.
Innate Pharma announced promising data from a Phase 2 study on the chemo-free triplet therapy combining monalizumab, cetuximab, and durvalumab for treating recurrent or metastatic head and neck cancer. Presented at the ESMO Immuno-Oncology Congress 2021, the therapy demonstrated a 32.5% overall response rate and a 58.6% survival rate at 12 months. Key results include 40 patients enrolled and a median overall survival of 15 months. The safety profile was deemed acceptable, with low discontinuation rates. Innate plans future collaboration with AstraZeneca on this treatment.
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