Innate Pharma Sa Stock Price, News & Analysis

Innate Pharma announced significant updates on its pipeline and financials for the first nine months of 2021. Key highlights include the advancement of monalizumab to Phase 3 after positive Phase 2 results in NSCLC, and promising pre-clinical data for ANKET™ targeting acute myeloid leukemia. The company's cash position stood at €141.8 million as of September 30, 2021, with revenues of €10.3 million for the same period, down from €33.6 million in 2020. The CEO emphasized a commitment to advancing its R&D strategy and collaborations, particularly with AstraZeneca.

Innate Pharma announced the presentation of pre-clinical data on IPH6101/SAR443579, a novel NK cell engager targeting CD123 in acute myeloid leukemia (AML), at the SITC Annual Meeting. The data demonstrated a favorable safety profile and potent antitumor activity, including efficacy against ADCC-resistant AML cells. These results support advancing IPH6101/SAR443579 into clinical trials. The collaboration with Sanofi enhances development opportunities, with the potential for significant milestone payments and royalties for Innate Pharma.

Innate Pharma SA (Euronext: IPH; Nasdaq: IPHA) will host a conference call on November 16, 2021, at 2 p.m. CET / 8 a.m. ET to update on business progress from Q3 2021. The call will feature CEO Mondher Mahjoubi and CMO Joyson Karakunnel. Investors can join via webcast or phone, with specific dial-in numbers provided. Innate Pharma focuses on oncology, leveraging therapeutic antibodies and Natural Killer cell biology, and has partnerships with major industry players like Bristol-Myers Squibb and AstraZeneca.

Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) announced its 2022 financial calendar, detailing key dates for financial statement publications. Significant dates include the release of 2021 financial statements on March 24, 2022, Q1 2022 revenue on May 10, 2022, and half-year financials on September 15, 2022. The Annual General Shareholders Meeting is scheduled for May 20, 2022. All reports will be issued before market open CET. Innate Pharma focuses on oncology, developing therapeutic antibodies that leverage the immune system for cancer treatment, with partnerships with notable industry leaders.

Innate Pharma (Euronext: IPH; Nasdaq: IPHA) announced the total number of shares and voting rights outstanding as of October 1, 2021. The company has 79,329,502 ordinary shares and a total of 80,087,342 theoretical voting rights. The release ensures compliance with French regulations set by the AMF. Innate Pharma is dedicated to oncology, focusing on immunotherapy through therapeutic antibodies, and maintains partnerships with notable biopharmaceutical firms. It is headquartered in Marseille, France, and has a US office in Rockville, MD.

On September 1, 2021, Innate Pharma SA (Euronext: IPH; Nasdaq: IPHA) reported its total number of outstanding shares and voting rights. The company has 79,294,402 ordinary shares and 6,784 Preferred Shares from 2016 and 7,581 from 2017. The total number of theoretical voting rights stands at 80,087,342, while exercisable voting rights amount to 80,068,767. This disclosure is in compliance with French regulations to ensure transparency in shareholding. Innate Pharma focuses on developing therapeutic antibodies for cancer treatment.

On September 17, 2021, Innate Pharma announced results from AstraZeneca's COAST Phase 2 trial presented at the ESMO Congress 2021. The interim analysis revealed that monalizumab combined with durvalumab significantly improved progression-free survival (PFS) and objective response rate (ORR) in patients with unresectable, Stage III non-small cell lung cancer (NSCLC) following chemoradiation therapy. AstraZeneca plans to initiate a registrational study based on these promising results, highlighting the potential of monalizumab as a groundbreaking treatment targeting NKG2A receptors on tumor-infiltrating immune cells.

Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) announced promising results from the TELLOMAK trial, which showed a 35% overall global response rate for lacutamab in patients with mycosis fungoides. Financially, the company reported €15.7 million in revenue for H1 2021, a decline from €36.7 million in H1 2020, and a net loss of €23.7 million. Their cash position stands at €159.4 million.

Innate also launched new clinical trials for lacutamab and showcased advancements in their ANKET™ NK cell engager platform. Further data presentations are expected at upcoming conferences.

Innate Pharma SA (Euronext: IPH; Nasdaq: IPHA) announced a conference call on September 15, 2021, at 2 p.m. CEST to discuss business progress from H1 2021. Key executives participating include CEO Mondher Mahjoubi, CMO Joyson Karakunnel, and CFO Frédéric Lombard. The call will be accessible via a live webcast and telephone registration. Innate Pharma is focused on oncology and aims to improve cancer treatment through therapeutic antibodies. The company has alliances with major biopharmaceutical firms and a diverse pipeline of candidates.