Significant Improvement in Ovarian Cancer Treatment
IMUNON's IMNN-001 therapy showed a median increase in overall survival of 13 months, a 45% improvement, in ovarian cancer patients when combined with standard care chemotherapy.
Phase III OVATION 3 Trial Progress
The OVATION 3 trial has had a strong start, opening sites faster than industry benchmarks, and has already enrolled its first patient. The trial is poised to redefine treatment for advanced ovarian cancer.
Stock Dividend to Enhance Shareholder Value
IMUNON announced a 15% stock dividend to boost shareholder value and confidence in the company's growth potential.
Cost Reduction and Financial Management
Operating expenses declined significantly, with R&D expenses dropping from $2.8 million to $1.2 million, and G&A expenses from $2.2 million to $1.5 million.