DNA-mediated immunotherapy
Search documents
IMUNON Reports Third Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-13 12:45
Core Insights - IMUNON, Inc. is advancing its lead candidate IMNN-001, a DNA-mediated immunotherapy, in the Phase 3 OVATION 3 Study for newly diagnosed advanced ovarian cancer, aiming to be the first frontline immunotherapy for this condition [1][2][3] Recent Developments - The company hosted an R&D Day on November 10, 2025, showcasing progress in the OVATION 3 Study and presenting new data on IMNN-001's potential to transform treatment for advanced ovarian cancer [3][4] - IMUNON has reported strong Phase 2 OVATION 2 survival data and interim results from a minimal residual disease (MRD) study, which support a clear regulatory path for IMNN-001 [2][4] Financial Results - For the third quarter of 2025, IMUNON reported a net loss of $3.4 million, or $1.16 per share, a decrease from a net loss of $4.8 million, or $3.76 per share, in the same quarter of 2024 [13] - Operating expenses for the third quarter of 2025 were $3.5 million, down 30% from $5.0 million in the third quarter of 2024 [13][16] - For the nine months ended September 30, 2025, the company reported a net loss of $10.3 million, or $5.53 per share, compared to a net loss of $14.6 million, or $14.13 per share, for the same period in 2024 [19] Clinical Insights - Data from the Phase 2 OVATION 2 trial indicated a median overall survival benefit of 13 months with IMNN-001 plus standard of care chemotherapy, which is clinically meaningful compared to standard care alone [4][6] - The treatment has shown a favorable safety profile and the ability to create a "hot" tumor microenvironment by increasing anti-tumor immune responses [6][9] Strategic Initiatives - The company is focused on conserving cash and aligning critical needs with available capital while exploring financing opportunities to support the OVATION 3 trial [2][4] - IMUNON is actively seeking strategic partnerships to leverage its PlaCCine DNA technology platform for vaccine development, aiming to address unmet needs in infectious diseases and cancer [12][26]
IMUNON R&D Day Showcases Clinical Progress of Its Novel Immunotherapy, Phase 3 Trial and Significant Potential for Women with Ovarian Cancer
Globenewswire· 2025-11-10 12:30
Core Insights - IMUNON, Inc. is presenting updates on its IMNN-001 development program for newly diagnosed advanced ovarian cancer, highlighting positive data from the Phase 2 OVATION 2 Study and ongoing Phase 3 OVATION 3 trial [1][2][8] Group 1: IMNN-001 Development Program - IMNN-001 is a DNA-mediated immunotherapy that has shown a 13-month improvement in overall survival when combined with standard chemotherapy, marking a significant advancement in ovarian cancer treatment [2][5] - The Phase 2 OVATION 2 Study demonstrated a favorable benefit-risk profile for IMNN-001, with results indicating a broad impact on cancer-fighting cytokines and a shift in the tumor microenvironment from "cold" to "hot" [5][6] - The ongoing Phase 3 OVATION 3 trial is designed with an innovative, adaptive approach that aligns with successful oncology trials, increasing the probability of success [4][6] Group 2: Clinical Insights and Expert Opinions - Experts at the event will discuss the unmet needs in ovarian cancer treatment, emphasizing that patient outcomes have not significantly changed in the last 30 years, and the promise that IMNN-001 holds for patients [5] - New translational data from the Phase 2 MRD study indicates that IMNN-001 is preferentially taken up by macrophages, leading to a robust immune response and tumor microenvironment remodeling [5][6] - The safety and tolerability of IMNN-001 have been positively evaluated, including its combination with standard chemotherapy and in maintenance settings [5][6] Group 3: Company Overview - IMUNON is a clinical-stage biotechnology company focused on innovative treatments that utilize the body's natural mechanisms to generate effective responses against various diseases [7] - The company is advancing its non-viral DNA technology, with IMNN-001 being the lead clinical program aimed at treating advanced ovarian cancer [8] - IMUNON is also developing a COVID-19 booster vaccine, showcasing its commitment to leveraging its technological capabilities for patient benefit [8]
IMUNON R&D Day: Opportunity to Hear Clinical Trial Investigators Discuss Significant Potential of IMNN-001 to Redefine Ovarian Cancer Treatment
Globenewswire· 2025-11-07 13:05
Core Insights - IMUNON, Inc. is hosting an R&D Day on November 10, 2025, to discuss its DNA-mediated immunotherapy, IMNN-001, which is in Phase 3 development for advanced ovarian cancer treatment [1][2] - The event will feature presentations from leading investigators involved in the clinical trials, highlighting the urgent need for new treatment options in ovarian cancer [2][7] - IMUNON aims to bring innovation to ovarian cancer treatment, which has not seen significant advancements in approximately 30 years [2] Company Overview - IMUNON is a clinical-stage biotechnology company focused on developing innovative treatments that utilize the body's natural mechanisms to generate effective responses against various diseases [4] - The company is advancing its non-viral DNA technology, with its lead clinical program, IMNN-001, being a DNA-based immunotherapy for advanced ovarian cancer [5] - IMNN-001 instructs the body to produce cancer-fighting molecules at the tumor site and has completed multiple clinical trials, including a Phase 2 trial and is currently in a Phase 3 trial [5] Clinical Trials and Research - The OVATION 2 trial data presented will include survival benefits and address the unmet needs in ovarian cancer treatment [7] - The Phase 2 minimal residual disease (MRD) study results will provide insights into immune activation mechanisms [7] - The statistical design of the Phase 3 trial and the path to approval will be discussed, along with enrollment momentum and clinical milestones [7]
IMUNON to Hold Third Quarter 2025 Financial Results and Business Update Conference Call on Thursday, November 13, 2025
Globenewswire· 2025-11-06 13:05
Core Points - IMUNON, Inc. is a clinical-stage biotechnology company focused on DNA-mediated immunotherapy, currently in Phase 3 development with its lead product, IMNN-001, for advanced ovarian cancer [1][5] - The company will host a conference call on November 13, 2025, to discuss its third-quarter financial results and provide updates on its clinical development programs [1][2] Company Overview - IMUNON is advancing innovative treatments that utilize the body's natural mechanisms to generate effective responses against various diseases, differentiating itself from conventional therapies [4] - The company is developing non-viral DNA technology, with two main modalities: TheraPlas for gene-based delivery of cytokines in solid tumors, and PlaCCine for gene delivery of viral antigens [4] Clinical Development - IMNN-001 is designed for localized treatment of advanced ovarian cancer and has completed multiple clinical trials, including a Phase 2 trial (OVATION 2) and is currently in a Phase 3 trial (OVATION 3) [5] - The therapy instructs the body to produce cancer-fighting molecules like interleukin-12 and interferon gamma at the tumor site [5] - The company has also completed dosing in a first-in-human study of its COVID-19 booster vaccine (IMNN-101) [5]
IMUNON to Present New Translational Data from Phase 2 OVATION 2 Study of IMNN-001 at SITC 40th Annual Meeting
Globenewswire· 2025-10-23 14:01
Core Insights - IMUNON, Inc. is advancing its IMNN-001 program, currently in the OVATION 3 pivotal Phase 3 trial for advanced ovarian cancer, with new data from the Phase 2 OVATION 2 trial to be presented at the SITC Annual Meeting [1][3] Company Overview - IMUNON is a clinical-stage biotechnology company focused on innovative treatments that utilize the body's natural mechanisms for effective responses against various diseases [10][11] - The company's lead clinical program, IMNN-001, is a DNA-based immunotherapy targeting advanced ovarian cancer, having completed multiple clinical trials including the Phase 2 OVATION 2 and currently conducting the Phase 3 OVATION 3 trial [11] IMNN-001 Therapy Details - IMNN-001 is based on IMUNON's TheraPlas® technology, utilizing an IL-12 DNA plasmid vector in a nanoparticle delivery system to induce strong anti-cancer immunity [2][8] - The therapy has shown clinically effective responses in advanced ovarian cancer, improving both progression-free survival (PFS) and overall survival (OS) when combined with standard chemotherapy [2][4] Clinical Trial Insights - The OVATION 3 trial is designed with at least 95% statistical power for the primary endpoint of overall survival, including two planned interim analyses for potential accelerated FDA submission [5][6] - The OVATION 2 study demonstrated a median OS increase of 13 months and a median PFS increase of 3 months for the IMNN-001 treatment arm compared to standard care [5][7] Presentation and Data Sharing - Positive translational data from the OVATION 2 study was previously presented at the AACR Special Conference, highlighting the safety profile and efficacy of IMNN-001 [3][4] - The upcoming SITC presentation will focus on how IMNN-001 can convert the tumor microenvironment from "cold" to "hot," enhancing immune response in newly diagnosed epithelial ovarian cancer [3]
IMUNON Hosts R&D Day Highlighting Progress on OVATION 3 Study in Pursuit of First Frontline Immunotherapy for Advanced Ovarian Cancer
Globenewswire· 2025-10-20 12:05
Core Insights - IMUNON, Inc. will host an R&D Day for investors on November 10, 2025, in New York City to provide updates on its pivotal Phase 3 study of IMNN-001, a DNA-mediated immunotherapy for advanced ovarian cancer [1][2] Company Overview - IMUNON is a clinical-stage biotechnology company focused on innovative treatments that utilize the body's natural mechanisms to generate effective responses against various diseases, differentiating itself from conventional therapies [4] - The company is developing non-viral DNA technology, with its first modality, TheraPlas, aimed at gene-based delivery of cytokines for solid tumors, and the second modality, PlaCCine, for gene delivery of viral antigens [4] Clinical Programs - The lead clinical program, IMNN-001, is a DNA-based immunotherapy for advanced ovarian cancer, currently in Phase 3 clinical trial (OVATION 3) after completing a Phase 2 trial (OVATION 2) [5] - IMNN-001 instructs the body to produce cancer-fighting molecules at the tumor site, aiming to provide safe and durable treatment outcomes [5] Event Details - The investor event will feature presentations from ovarian cancer experts, principal investigators from the OVATION 3 study, and statistical experts, discussing new data on IMNN-001 and its potential impact on ovarian cancer treatment [2][3] - A live Q&A session and networking opportunities will follow the formal presentations, allowing attendees to engage with speakers and IMUNON management [2] Featured Presentations - Presentations will include topics such as the potential of IMNN-001 to transform the microtumor environment, safety and tolerability insights, and statistical properties of the Phase 3 trial design [6]
IMUNON Presents IMNN-001 Phase 2 Translational Data in Advanced Ovarian Cancer Demonstrating 13-Month OS Extension via Tumor Micro-Environment Shift
Globenewswire· 2025-09-22 12:05
Core Insights - The OVATION 2 Study results reinforce the efficacy of IMNN-001, a DNA-mediated immunotherapy for advanced ovarian cancer, demonstrating significant anti-cancer immune cytokine production post-treatment [1][3] - The ongoing Phase 3 trial, OVATION 3, aims to expand patient recruitment with four sites activated and plans for further site expansion [1][4] Study Details - The Phase 2 OVATION 2 Study involved 112 participants receiving IMNN-001 (100 mg/m administered intraperitoneally weekly) alongside standard neoadjuvant and adjuvant chemotherapy [2][8] - Translational data showed a positive shift in the tumor microenvironment (TME), with increased immune stimulatory T cell ratios and decreased immunosuppressive cells in the majority of participants post-treatment [6][8] Efficacy and Safety - IMNN-001 treatment resulted in a median overall survival (OS) increase of 13 months (HR 0.70) and a median progression-free survival (PFS) increase of 3 months (HR 0.79) compared to standard care [5][11] - The treatment demonstrated a favorable safety profile, with limited to no systemic toxicities reported [3][6] Future Directions - The OVATION 3 Study is currently enrolling patients at four sites, with up to 46 additional sites being considered for activation to accelerate enrollment [7][4] - The positive results from the OVATION 2 Study have led to invitations for presentations at major oncology conferences and publications in peer-reviewed journals [7]
IMUNON Successfully Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement
Globenewswire· 2025-08-28 12:05
Core Insights - IMUNON, Inc. has regained compliance with Nasdaq's minimum bid price requirement, ensuring uninterrupted trading on The Nasdaq Capital Market [1][2] - The company recently issued a 15% stock dividend to shareholders, reflecting confidence in its clinical pipeline and commitment to investors [2] - IMUNON's lead clinical program, IMNN-001, is a DNA-based immunotherapy for advanced ovarian cancer, with positive results from the Phase 2 OVATION 2 trial [2][4] Company Overview - IMUNON is a clinical-stage biotechnology company focused on innovative treatments that utilize the body's natural mechanisms to generate effective responses against various diseases [3] - The company is developing non-viral DNA technology, with its first modality, TheraPlas, aimed at gene-based delivery of therapeutic proteins for solid tumors [3] - The second modality, PlaCCine, is designed for gene delivery of viral antigens to elicit strong immunological responses [3] Clinical Development - IMNN-001 instructs the body to produce cancer-fighting molecules at the tumor site and has completed multiple clinical trials, including the Phase 2 OVATION 2 trial [4] - IMUNON has also completed dosing in a first-in-human study of its COVID-19 booster vaccine, IMNN-101 [4] - The company aims to advance its technological capabilities in plasmid DNA to better address difficult-to-treat conditions [4]
IMUNON Recaps Highlights from 2025 Second Quarter Financial Results Conference Call
GlobeNewswire News Room· 2025-08-05 20:00
Core Insights - IMUNON, Inc. reported financial results for Q2 2025 and highlighted advancements in its Phase 3 clinical trial for IMNN-001, a DNA-mediated immunotherapy for advanced ovarian cancer, along with a 15% stock dividend for shareholders [1][2] Clinical Development - The pivotal Phase 3 OVATION 3 trial for IMNN-001 has commenced, with the first patient treated on July 25, 2025, following robust Phase 2 data showing significant overall survival benefits [2] - The trial design includes two interim analyses and is powered at 95% to detect meaningful overall survival improvements in the intent-to-treat population, with a 99% power in the HRD-positive subgroup [2] - A flexible enrollment strategy will start with a 250-patient HRD-positive subgroup, potentially expanding to a 500-patient all-comers trial, reducing costs by approximately 40% [2] Financial Position - IMUNON has strengthened its balance sheet with over $3 million raised through warrant exercises and ATM sales, while introducing a one-time 15% stock dividend to enhance shareholder value [2] - The company is actively pursuing non-dilutive partnerships to fund the OVATION 3 trial and has achieved compliance with Nasdaq's Shareholder Equity Rule [2] Manufacturing and Operations - IMUNON maintains a reliable in-house manufacturing process for key components of IMNN-001, achieving significant cost reductions compared to outsourcing [2] - Targeted cash conservation measures have been implemented to align resources with the regulatory approval and commercial launch of IMNN-001 [2] Medical Community Engagement - Data from the OVATION 2 study has generated significant interest, leading to unsolicited inquiries from global principal investigators to join the Phase 3 study, indicating strong validation of IMNN-001's potential [2] Background on IMNN-001 - IMNN-001 is designed using IMUNON's TheraPlas® platform and aims to induce potent anticancer immunity through the local secretion of IL-12 [5][8] - The drug has shown positive safety and efficacy results in previous clinical trials, including the recently completed Phase 2 OVATION 2 study [5][8] Market Context - Epithelial ovarian cancer is a significant health concern, with approximately 20,000 new cases annually in the U.S., and a high risk of recurrence, highlighting the need for effective therapies [6]
IMUNON Reports Second Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-08-05 12:00
Core Insights - IMUNON, Inc. is advancing its clinical programs, particularly the Phase 3 OVATION 3 Study of IMNN-001 for newly diagnosed advanced ovarian cancer, reflecting confidence in its long-term growth strategy and commitment to shareholders [1][2][10] Recent Developments - The first patient was dosed in the Phase 3 OVATION 3 Study on July 30, 2025, with a goal of activating 20 clinical sites by the end of 2025 [3] - The OVATION 3 trial will compare IMNN-001 combined with chemotherapy against standard care, focusing on overall survival and other key efficacy endpoints [4] - Positive data from the Phase 2 OVATION 2 Study was presented at the 2025 ASCO Annual Meeting, showing significant improvements in overall survival and safety profile for IMNN-001 [5][6] Financial Highlights - For Q2 2025, the company reported a net loss of $2.7 million, a reduction from $4.8 million in Q2 2024, with operating expenses decreasing by 45% [17] - R&D expenses for Q2 2025 were $1.2 million, down from $2.8 million in Q2 2024, primarily due to lower costs associated with clinical trials [18] - As of June 30, 2025, cash and cash equivalents were $4.7 million, with additional funds raised through warrant exercises and sales under its ATM facility [20] Corporate Actions - A 15% stock dividend was announced, reflecting the company's confidence in its clinical programs and commitment to shareholder value [10] - A reverse stock split of 15-for-1 was executed on July 25, 2025, consolidating shares to improve market perception [14] - The company received an extension from Nasdaq to complete its compliance plan, allowing it to maintain its listing [13] Clinical Program Overview - IMNN-001 is a DNA-based immunotherapy targeting advanced ovarian cancer, with a mechanism that promotes the production of cancer-fighting molecules at the tumor site [29] - The OVATION 3 Study aims to evaluate the safety and efficacy of IMNN-001 in combination with standard chemotherapy for patients with advanced ovarian cancer [4][11]