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Imugene Reports Positive Results in Phase 1b CAR T Trial for DLBCL

Story Highlights
  • Imugene Limited specializes in developing off-the-shelf CAR T therapies for aggressive blood cancers.
  • The Phase 1b trial of azer-cel showed a 75% response rate in relapsed DLBCL, prompting FDA discussions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imugene Reports Positive Results in Phase 1b CAR T Trial for DLBCL

Elevate Your Investing Strategy:

The latest announcement is out from Imugene ( (AU:IMU) ).

Imugene Limited announced promising results from its Phase 1b trial of azer-cel, an allogeneic CD19 CAR T therapy for relapsed DLBCL. The trial showed a 75% overall response rate, with 6 complete responses and 3 partial responses, highlighting azer-cel’s potential in patients who have failed multiple lines of therapy. The company plans to meet with the US FDA in late 2025 to discuss a pivotal trial, indicating significant progress in addressing high-unmet-need populations.

The most recent analyst rating on (AU:IMU) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on Imugene stock, see the AU:IMU Stock Forecast page.

More about Imugene

Imugene Limited is a clinical-stage immuno-oncology company focused on developing innovative cancer therapies. The company specializes in creating off-the-shelf CAR T-cell therapies, particularly targeting aggressive blood cancers like diffuse large B-cell lymphoma (DLBCL).

YTD Price Performance: -66.22%

Average Trading Volume: 552,721

Technical Sentiment Signal: Sell

Current Market Cap: A$93.35M

Find detailed analytics on IMU stock on TipRanks’ Stock Analysis page.

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