IMM 3.08% 33.5¢ immutep limited

CYTLIMIC positive results - YNP01 Phase 1 trial, page-11

  1. 601 Posts.
    lightbulb Created with Sketch. 839
    Dan
    The failure rate of stage 2 and 3 clinical trials due to poor efficacy is high - P3 is over 54%.
    IMM phase 2b efficacy data is disappointing for sure. Thus far......wait for OS
    Must admit I was lower than a snakes belly after announcement. It's a tough business.
    Market cap smashed and retail holders (generalisation) run for the hills.
    A New approved drug takes up to 10 years and average cost over $2 billion to get to market.
    IMM is not PRR and the strategy is to develop multiple products and license out to big pharma
    Objective- multiple income streams that fund development of novel immuno - oncology and autoimmune drugs
    AND provide shareholders with a great return on investment- dividends.
    Definitely a set-back with AIPAC trial but the real anomaly is the placebo arm not Efti that performed as expected.
    Thomas Edison didn't give up after his first light bulb didn't work - that said Immutep do not have as many chances to prove Efti works.
    TACTI-002 looking great.
    Updated data soon if positive would help sentiment- if not positive, game over imo
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
0.010(3.08%)
Mkt cap ! $486.6M
Open High Low Value Volume
32.5¢ 33.5¢ 32.0¢ $584.2K 1.787M

Buyers (Bids)

No. Vol. Price($)
3 311433 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 113721 6
View Market Depth
Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.