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An announcement from Immuron Limited ( (AU:IMC) ) is now available.
Immuron Limited is on track to surpass A$7 million in sales this financial year, marking a significant increase from the previous year’s A$4.9 million. The company is advancing several clinical trials, including Travelan® for traveler’s diarrhea, with results expected in October 2025, and plans to submit an IND for IMM-529 to the FDA in August 2025. Additionally, Immuron is preparing to launch ProIBS® in Australia, targeting the IBS treatment market. These developments could enhance Immuron’s market presence and strengthen its relationships with key stakeholders, including the US Department of Defense.
More about Immuron Limited
Immuron Limited operates in the pharmaceutical industry, focusing on the development and commercialization of oral immunotherapeutic products. The company is engaged in creating treatments for infectious diseases and gastrointestinal health, with a market focus on products like Travelan® for traveler’s diarrhea, IMM-529 for Clostridioides difficile infection, and IMM-986 for vancomycin-resistant enterococci.
Average Trading Volume: 108,473
Technical Sentiment Signal: Sell
Current Market Cap: A$14.72M
For detailed information about IMC stock, go to TipRanks’ Stock Analysis page.