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Imugene’s Azer-cel CAR T Therapy Shows Promising Results in Phase 1b Trial

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Imugene’s Azer-cel CAR T Therapy Shows Promising Results in Phase 1b Trial

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An update from Imugene ( (AU:IMU) ) is now available.

Imugene Limited has announced promising results from its Phase 1b clinical trial of azer-cel, an allogeneic CD19 CAR T therapy, in patients with relapsed diffuse large B-cell lymphoma (DLBCL). The trial has achieved a 79% overall response rate, with six complete responses and five partial responses, indicating significant potential for azer-cel in treating this aggressive form of blood cancer. The trial is expanding to include CAR T naïve patients with other types of lymphomas, and the safety profile of the treatment is manageable and well-tolerated. These developments could enhance Imugene’s position in the immuno-oncology field and provide new treatment options for patients with high unmet needs.

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 is engaged in the development of allogeneic CAR T-cell therapies, which aim to address limitations of current autologous CAR T drugs, such as geographical access, manufacturing complexity, and treatment time.

YTD Price Performance: -80.13%

Average Trading Volume: 1,118,654

Technical Sentiment Signal: Sell

Current Market Cap: A$72.12M

See more insights into IMU stock on TipRanks’ Stock Analysis page.

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