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Innate Pharma S.A. ADS - IPHA STOCK NEWS

Welcome to our dedicated page for Innate Pharma S.A. ADS news (Ticker: IPHA), a resource for investors and traders seeking the latest updates and insights on Innate Pharma S.A. ADS stock.

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.

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Innate Pharma has announced the filing of a prospectus supplement with the SEC for a new At-The-Market (“ATM”) program, allowing for the offering of up to $75 million of American Depositary Shares (“ADS”). This program follows the termination of a previous ATM program as of April 19, 2023. The funds from this new initiative are intended for research, development, and working capital. The maximum potential dilution from these offerings could reach approximately 22.97%, based on current share capital. Future offerings will be conducted through an approved sales agreement with Jefferies. Additionally, the 2023 Annual General Meeting on May 12, 2023 may introduce new resolutions for further capital increases, which could impact existing shareholders' stakes.

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Innate Pharma (Euronext Paris: IPH; Nasdaq: IPHA) announced its participation in the Van Lanschot Kempen Life Sciences Conference 2023 on April 25-26 in Amsterdam. The company specializes in developing immunotherapies for cancer, leveraging its proprietary ANKET® platform. Key programs include lacutamab, targeting cutaneous and peripheral T cell lymphomas, and monalizumab, developed with AstraZeneca for non-small cell lung cancer. Innate Pharma collaborates with major biopharmaceutical companies like Sanofi and AstraZeneca to enhance innovation. Headquartered in Marseille, France, Innate Pharma is committed to advancing cancer treatment through its clinical-stage biotechnology.

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Innate Pharma SA (Euronext: IPH; Nasdaq: IPHA) reported its total number of shares outstanding and voting rights as of April 1, 2023. The company has a total of 80,222,007 ordinary shares and 6,514 and 7,581 preferred shares from 2016 and 2017, respectively. The total number of theoretical voting rights stands at 80,979,847, with 80,961,272 exercisable voting rights. These figures comply with the French 'Code de Commerce' and AMF regulations. As a clinical-stage biotechnology firm, Innate focuses on developing immunotherapies for cancer using its proprietary ANKET® platform, partnering with major firms like Sanofi and AstraZeneca to enhance its R&D efforts.

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FAQ

What is the current stock price of Innate Pharma S.A. ADS (IPHA)?

The current stock price of Innate Pharma S.A. ADS (IPHA) is $2.05 as of December 20, 2024.

What is the market cap of Innate Pharma S.A. ADS (IPHA)?

The market cap of Innate Pharma S.A. ADS (IPHA) is approximately 170.5M.

What does Innate Pharma S.A. specialize in?

Innate Pharma S.A. specializes in immuno-oncology, developing therapeutic antibodies to enhance the innate immune system's ability to fight cancer.

What are some of Innate Pharma's key products?

Key products include lacutamab, monalizumab, IPH5201, IPH5301, IPH6101, IPH62, IPH6401, and IPH6501.

How does Innate Pharma generate revenue?

The company generates revenue through research collaborations, licensing agreements, and milestone payments from pharmaceutical companies.

Who are some of Innate Pharma's notable partners?

Innate Pharma collaborates with AstraZeneca, Bristol-Myers Squibb, Novo Nordisk A/S, and Sanofi.

What is ANKET?

ANKET stands for Antibody-based NK cell Engager Therapeutics, Innate Pharma's proprietary platform for developing innovative cancer treatments.

What is the focus of Innate Pharma’s current projects?

Current projects focus on developing first-in-class antibodies and checkpoint inhibitors to address various cancer indications.

What stage is Innate Pharma in?

Innate Pharma is in the clinical stage, advancing multiple therapeutic candidates through clinical trials.

What makes Innate Pharma's approach unique?

Their unique expertise in natural killer cell biology and checkpoint inhibitors sets them apart in the field of immuno-oncology.

What is immuno-oncology?

Immuno-oncology is a field of cancer treatment that uses the body's immune system to detect and kill cancer cells.

How does Innate Pharma contribute to cancer research?

Innate Pharma contributes through innovative research and development of new therapies that harness the immune system to treat cancer.

Innate Pharma S.A. ADS

Nasdaq:IPHA

IPHA Rankings

IPHA Stock Data

170.53M
80.95M
0.5%
0.08%
Biotechnology
Healthcare
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United States of America
Marseille