Imugene Limited (ASX:IMU)

text size +

There is expected to be a great deal of news flow from Imugene (ASX: IMU) as it looks to quickly attract the attention of a big pharma partner looking to bring effective cancer treatments to market.

The $33 million-capped IMU is currently developing immuno-oncology therapies and is moving ahead at a significant pace, having recently received notice that the Canadian Patent Office had issued a Grant Notice for this next generation cancer therapy that will protect specific cancer vaccination formulations for commercial interest.

IMU’s frontrunner drug candidate HER-Vaxx, is already in Phase 1b and Phase 2 trials and is interestingly further advanced than Regeneron’s cancer therapies before Regeneron was  acquired for $1.6 billion by Roche.

IMU is looking to attract big pharma’s attention by 2020.

HER-Vaxx targets the same receptor as the two leading antibody drugs on the market, Herceptin and Perjeta, with annual sales of US$8.2 billion in a markety predicted to generate sales of US$36 billion by 2025.

IMU is looking to commercialise a treatment that has improved efficacy over existing treatments and is more cost efficient, which would give it a strong position in this market.

The information in this email should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

HER-Vaxx isn’t IMU’s only play here. It is also working with Arginine, a critical amino acid for the health of cancer fighting T-cells.

Again, IMU will be looking to replicate recent deals done in the space including a deal struck recently between $25 billion-capped Incyte and Calithera Biosciences in which $53 million was paid up front by Incyte.

As IMU is working off the same premise, could we see this $37.8 million capped company climb higher?

Latest Article

IMU-cancer-drug

IMU Picks up the Pace in Cancer Drug Treatment Development

It is difficult to understate the possible impact of the immuno-oncology therapies that the $33 million-capped Imugene (ASX: IMU) is currently developing. These therapies, if proven safe and successful, could have an undeniable real world positive effect for cancer patients.

READ ARTICLE