Innate Pharma Sa - IPHA STOCK NEWS

Innate Pharma announced that four of its drug candidate abstracts have been accepted for presentation at the EHA 2024 Congress in Madrid, from June 13-16, 2024. Two abstracts focus on SAR443579 (IPH6101), an anti-CD123 NK cell engager developed with Sanofi, being tested in a Phase 1/2 trial for blood cancers. The other two abstracts highlight IPH6501, aimed at treating relapsed or refractory CD20-expressing B-cell Non-Hodgkin's Lymphoma, also in Phase 1/2 trials. Chief Medical Officer Dr. Sonia Quaratino underscored the potential benefits of these NK cell engagers for patients with high unmet medical needs.

Innate Pharma (NASDAQ: IPHA) released its Q1 2024 business update, highlighting key developments in its clinical pipeline and financial performance. The company presented preclinical data for IPH45, an anti-Nectin-4 ADC, at AACR 2024 and advanced IPH6501, its second-generation ANKET®, into clinical development for NHL. Partner Sanofi progressed SAR443579/IPH6101 to Phase 2 in blood cancers. For Q1 2024, Innate reported revenues of €6.6 million, down from €26 million in Q1 2023. The company's cash position stood at €113.9 million as of March 31, 2024, excluding a pending €4 million milestone payment from Sanofi. Innate anticipates a cash runway until the end of 2025. Multiple presentations at ASCO 2024, including results from the TELLOMAK Phase 2 trial for lacutamab, are scheduled. The FDA lifted a partial clinical hold on lacutamab's IND in January 2024. A conference call to discuss these results will be held today.

Innate Pharma SA has scheduled a conference call and webcast on May 14, 2024, to discuss the business progress during the first quarter of 2024. Key executives will provide updates on the company's performance and future plans.

Innate Pharma will hold its Annual General Meeting of Shareholders on May 23, 2024, at its headquarters in Marseille, France. The meeting will include the agenda, proposed resolutions, and instructions for participation and voting. Shareholders must register their shares in advance to participate, with additional details available on the company's website. A guided tour of the company's laboratories will also be offered to shareholders on the same day.

Innate Pharma announced the advancement of Sanofi-developed NK cell engager SAR443579 / IPH6101 to Phase 2 for blood cancer patients. The first patient was dosed in the Phase 2 dose expansion part of the Sanofi-sponsored clinical trial, triggering a €4m milestone payment to Innate. SAR443579 is being evaluated as a monotherapy for blood cancers with high unmet needs, including R/R AML, B-cell acute lymphoblastic leukemia, and high-risk myelodysplasia. The drug received FDA Fast Track Designation for the treatment of acute myeloid leukemia.

Innate Pharma SA announces promising preclinical data for IPH45, a novel exatecan-Antibody Drug Conjugate targeting Nectin-4, showing stronger activity than EV in urothelial tumors. IPH45 demonstrates anti-tumor efficacy in various solid tumors and EV-refractory models, with plans for IND in 2024.

Innate Pharma SA (Nasdaq: IPHA) executives to attend Van Lanschot Kempen conference in Amsterdam on April 16-17, 2024.

Innate Pharma (IPHA) files 2023 Universal Registration Document and annual report on Form 20-F with AMF and SEC, respectively.

Innate Pharma reports positive final results of lacutamab TELLOMAK Phase 2 trial in Sézary syndrome, licensing of a fourth NK cell engager ANKET® by Sanofi, and other significant milestones achieved in 2023. The company's cash position stands at €102.3 million as of December 31, 2023, with a cash runway to the end of 2025.