Why IMU is a multi multi bagger, page-21470

  1. 31 Posts.
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    Hi Ben,

    Thank you for highlighting CG Oncology to us. This company has achieved great success so far in the field of oncolytic immunotherapy, especially in the bladder cancer space that they are targeting. As you have highlighted, their interim Phase 3 results are very promising (CR at any time and toxicity profile) and hopefully, this bodes well for the immunotherapy-oncolytic field and Imugene. Definitely will be on the watch list to see their study progress (monotherapy and combo with Keytruda) and potential approval from the FDA. Also, they have a very impressive young 31 year old Chairman & CEO Arthur Kuan. If you get a chance, you can listen to his podcast from 2 years ago Developing Oncolytic Viruses to Fight Cancer. I found this to be very informative for me as it relates to my investment in IMU. Summary here
    https://hotcopper.com.au/data/attachments/5964/5964599-3ca8d648318dce158186494b05ea06e7.jpg

    It seems like there's a big appetite for this bio-tech as CG Oncology just had a very successful IPO (25//24) on the NASDAQ - IPO offer price of $19, debut at $29, closed at $47.46 (15/2/24) with a market cap of $3.01bn USD or ($4.61bn AUD). It is early days for this listed biotech company which is pre-revenue, pre-approval with one single platform targeting a large unmet global bladder cancer treatment market.

    Imugene has 4 platform technologies targeting many disease areas, an in-house GMP cell therapy manufacturing facility, and 5 clinical studies. It's still early days for our studies, but in due course, hopefully, all our results will prove the safety, zero to low toxicity profile, and efficacy that we are all looking for. I trust the science, but not our share price at the moment. Fingers cross for a catalyst to re-rate our share price soon.



    https://hotcopper.com.au/data/attachments/5964/5964590-c82c4e3c0678135dcec261123126f3a4.jpg

 
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