NEW YORK CITY, NY / ACCESS Newswire / January 22, 2026 / Emerging Growth Research today released a Flash Research Update on Immuron Limited (Nasdaq:IMRN), maintaining its Buy-Extended rating and 12-month price target of $3.50 following the Company's release of first-half fiscal year 2026 operating results. The Flash Report notes that Immuron reported global revenue of AUD$4.2 million for the six months ended December 31, 2025, representing a 5% increase compared to the prior-year period. ...

Sales Highlights (unaudited): Global H1 sales AUD$4.2 million up 5% on prior comparative period (pcp)Q2 sales AUD$2.2 million up 11% on prior quarter Australia H1 sales AUD$3.3 million up 13% on prior comparative period (pcp)Q2 sales AUD$1.7 million up 11% on prior quarterAustralian launch of ProIBS® Canada H1 sales AUD$56 thousand down 85% on prior comparative period (pcp)Q2 sales AUD$42 thousand up 191% on prior quarter USA H1 sales AUD$0.9 million up 17% on prior comparative period (pcp)Q2 sales AUD$0.4 ...

Group 1 - Immuron Limited (NASDAQ:IMRN) is a biotechnology company focused on developing medicines to prevent diarrhea, with a recent setback in its clinical trial for an ETEC hyperimmune bovine colostrum product, which failed to meet its primary endpoint, resulting in a 25.8% drop in share price [2] - The clinical trial was conducted by the Uniformed Services University to assess the product's effectiveness in maintaining gut health during travel and deployment, but Immuron stated that the results do not reflect the performance of its Travelan product due to non-compliance with administration rules and third-party manufacturing [2] - On November 5th, the FDA approved Immuron's IMM-529 drug for a phase 2 clinical trial targeting Clostridioides difficile infection, with the study expected to start in the first half of 2026 and enroll up to 60 participants [3]

Core Viewpoint - The article discusses the best ASX stocks to buy, highlighting the impact of interest rate trends in Australia and the performance of specific biotechnology companies [1][2][3]. Interest Rate Trends - The Reserve Bank of Australia (RBA) Governor Michele Bullock indicated that there are no foreseeable interest rate cuts, suggesting a potential for rate hikes in the future [2][3]. - Bullock's comments surprised many, as she clearly signaled that further interest rate cuts are off the table, preparing the market for a possible tightening bias [3]. Company Highlights Immuron Limited (NASDAQ:IMRN) - Immuron Limited is a biotechnology company focused on preventing diarrhea and developing similar medicines [8]. - The company faced a significant setback with a 25.8% drop in share price after a clinical trial for its ETEC hyperimmune bovine colostrum product failed to meet its primary endpoint [8]. - Despite the setback, the FDA cleared Immuron's IMM-529 drug for a phase 2 clinical trial, targeting Clostridioides difficile infection, with the study expected to start in the first half of 2026 [9]. Radiopharm Theranostics Limited (NASDAQ:RADX) - Radiopharm Theranostics Limited is developing treatments for conditions such as brain metastasis and prostate cancer [10]. - B. Riley lowered its price target for Radiopharm to $13 from $15 while maintaining a Buy rating, citing important clinical progress for its RAD 101 and RAD 204 compounds [10]. - RAD 204's phase 1 clinical trial showed promising results, and RAD 101 is currently in a Phase 2b trial with FDA Fast Track Designation, targeting a market of 300,000 annual diagnoses of cerebral metastases in the US [11].

Core Insights - Immuron Limited has entered a new research agreement with the Naval Medical Research Command and the Walter Reed Army Institute of Research, funded by a U.S. Department of Defense subaward, to develop vaccines targeting Campylobacter jejuni and Shigella sonnei [1][2] Company Developments - The collaboration aims to produce two hyper-immune bovine colostrum products for pre-clinical evaluation, specifically designed for the U.S. military [2] - The Uniformed Services University is expected to announce topline results from a clinical trial evaluating the effectiveness of enterotoxigenic E. coli (ETEC) hyperimmune bovine colostrum in maintaining gut health during deployment and travel [3] - Immuron's proprietary technology is based on polyclonal immunoglobulins derived from engineered hyper-immune bovine colostrum, allowing for the development of orally active medicines against various infectious diseases [11] Industry Context - Infectious diarrhea is a significant health issue for travelers and U.S. troops, with antibiotic resistance increasing among enteric pathogens [4] - The global burden of diarrheal diseases is substantial, with an estimated 1.5 billion episodes annually, leading to approximately 2.2 million deaths, primarily in children from developing countries [5] - Shigella spp. are responsible for 80-165 million cases of disease worldwide, resulting in 600,000 deaths annually, highlighting the need for preventative treatments [5]

Core Insights - Immuron Limited has received FDA approval for its Investigational New Drug application for IMM-529, allowing the Phase 2 clinical trial to proceed [2][9] - The Phase 2 trial will evaluate the safety and efficacy of IMM-529 in treating Clostridioides difficile infection (CDI) [3][4] - The market potential for IMM-529 is significant, with projected annual revenues of approximately US$400 million if successful [4] Company Overview - Immuron Limited is an Australian biopharmaceutical company focused on developing orally delivered targeted polyclonal antibodies for infectious diseases [13] - The company is collaborating with Monash University to develop vaccines that produce bovine colostrum-derived antibodies targeting C. diff [7] Clinical Trial Details - The Phase 2 clinical trial will be a randomized, double-blind, placebo-controlled study involving up to 60 subjects [3] - The primary objective is to assess the safety and tolerability of IMM-529 in combination with standard care for CDI [3] Market Opportunity - The increased incidence of antibiotic-resistant 'superbugs' has heightened the need for new therapeutics to treat CDI, which affects over 400,000 people annually in the US [5] - If positioned effectively, IMM-529 could be used early in the treatment algorithm, with up to 98,000 patients potentially eligible for the trial [4] Product Development - IMM-529 is designed as an adjunctive therapy to standard antibiotics, aiming to clear CDI infections and restore normal gut flora [6] - The product targets multiple components of C. diff, showing promising results in pre-clinical models for preventing and treating CDI [8]

Core Insights - Immuron Limited is advancing its clinical trials for Travelan and IMM-529, with significant updates on both products [1][2][3] IMM-529 IND (Clostridioides difficile infection) - On October 8, 2025, Immuron submitted an Investigational New Drug (IND) application to the FDA for IMM-529 aimed at preventing or treating Clostridioides difficile infection [2] - The FDA has acknowledged the IND application and is currently reviewing it, having requested additional clinical information [3] - Immuron has responded to the FDA's queries and made minor updates to the clinical trial protocol ahead of the 30-day decision date [3] Travelan Clinical Trials - The Uniformed Services University was expected to provide topline results from the Travelan P2TD study by the end of October 2025, but results are now delayed until the end of November 2025 due to a government shutdown [4][8] - The outcomes of the P2TD clinical study will influence Immuron's dosing strategy for its End-of-Phase 2 meeting with the FDA, with a potential proposal for a twice-daily dosing regimen if results are favorable [5] - Immuron has conducted multiple Travelan clinical trials, with varying dosing regimens and significant results in protecting against diarrhea [6][7] Travelan Product Information - Travelan is an orally administered passive immunotherapy designed to reduce the likelihood of travelers' diarrhea caused by pathogenic bacteria [12] - It is available in Australia as a listed medicine and in Canada as a licensed natural health product, while in the U.S., it is marketed as a dietary supplement [12] IMM-529 Development - IMM-529 is being developed as an adjunctive therapy with standard antibiotics for recurrent Clostridioides difficile infection, targeting multiple virulence components of the bacteria [19][20] - Pre-clinical studies have shown promising results, including an 80% prevention rate for primary disease and a 67% protection rate against disease recurrence [21]

Core Viewpoint - Emerging Growth Research has initiated coverage on Immuron Limited with a Buy-Extended rating and a 12-month price target of $4.00, indicating over 80% upside potential from the current price of $2.20 [1][2]. Group 1: Company Overview - Immuron Limited is a biopharmaceutical company based in Melbourne, Australia, founded in 1994, focusing on developing oral polyclonal antibodies for gastrointestinal infectious diseases [8]. - The company’s marketed products include Travelan® and Protectyn®, with a pipeline targeting infections such as C. difficile, ETEC, and VRE [8]. Group 2: Product and Revenue Growth - Immuron's flagship product, Travelan®, has shown strong revenue growth, with FY2025 revenue increasing by 49% year-over-year to A$7.29 million [7]. - The company is set to launch a third digestive health product, ProIBS®, in the Australian market in Q4 2025 [7]. Group 3: Clinical Pipeline and Partnerships - Immuron's lead drug candidates, IMM-124E (Travelan®) and IMM-529, are advancing toward pivotal trials in 2026, targeting traveler’s diarrhea and C. difficile infections, respectively [7]. - The company has strategic partnerships with the U.S. Department of Defense, Walter Reed Army Institute of Research, and Monash University to evaluate its antibodies for various applications [7]. Group 4: Financial Position and Market Potential - Immuron maintains a strong balance sheet, remaining debt-free, with product revenues helping to offset R&D costs [7]. - The company is positioned to address multi-billion-dollar global markets in antimicrobial resistance and gastrointestinal therapeutics [7].

Sales Performance - Global Q1 sales reached AUD$2.0 million, representing a 34% increase compared to the prior comparative period (pcp) [1] - Australia Q1 sales were AUD$1.6 million, up 52% on pcp [1] - USA Q1 sales increased to AUD$0.4 million, reflecting a 44% growth on pcp [1] - Canada Q1 sales were AUD$0.0 million, down 92% on pcp [1] Growth Drivers - Continued growth in Australia attributed to increased awareness from digital and social media marketing, same store growth, new store openings, and increased travel from South East Asia [3] - In the U.S., sales growth driven by marketing initiatives including improved online presence on Amazon, local social media pages, and increased paid and organic social media marketing [4] - In Canada, sales are expected to improve as consumer promotions are anticipated towards the end of the calendar year, with efforts to build brand awareness through educational programs and promotions [5] Product Information - Travelan® is an over-the-counter immune supplement designed to reduce the likelihood of travelers' diarrhea caused by pathogenic bacteria [7] - The product is available in Australia as a listed medicine, in Canada as a licensed natural health product, and in the U.S. as a dietary supplement [8]

Core Insights - Immuron Limited has submitted an Investigational New Drug (IND) application to the FDA for the clinical development of IMM-529, aimed at treating Clostridioides difficile infection (CDI) and preventing recurrent CDI [1][8] - The company plans to initiate a Phase 2 clinical trial for IMM-529 in the first half of 2026, targeting individuals with CDI [2] - Market analysis indicates that if proven effective, IMM-529 could be positioned early in the treatment algorithm, with an estimated eligible patient population of approximately 98,000 if introduced at the first recurrence stage [3] Market Potential - The base case annual revenue potential for IMM-529 is projected at approximately US$400 million, considering market size, payer dynamics, competitive landscape, and pricing assumptions [4] - The oral administration route of IMM-529 has been positively received by infectious disease specialists, enhancing its clinical and commercial appeal [4] Industry Context - The rise of antibiotic-resistant 'superbugs' has increased the use of broad-spectrum antibiotics, leading to disruptions in gastrointestinal microbiota and susceptibility to pathogens like C. diff [5] - CDI affects over 400,000 individuals in the US annually, contributing to over 30,000 deaths, highlighting the urgent need for new therapeutics to reduce antibiotic reliance [5] Product Development - IMM-529 is being developed as an adjunctive therapy alongside standard antibiotics for CDI treatment and prevention of recurrence, targeting key virulence components of C. diff [6] - The mechanism of action involves antibodies designed to accelerate the clearance of CDI and support the restoration of healthy gut microbiota [6] - Pre-clinical results show promising efficacy in preventing primary disease (80%), protecting against recurrence (67%), and treating primary disease (78.6%) [7] Unique Positioning - IMM-529 is noted as the only investigational drug to demonstrate therapeutic potential across all three phases of CDI [8]