IMM 1.47% 33.5¢ immutep limited

Ann: Change in substantial holding, page-14

  1. 601 Posts.
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    G'day Ahjay, fellow and future Immutep SH's.
    I'm good now Ahjay - thanks for asking. Been 'out of service' for a while.

    Exciting times ahead - good to see SPP over subscribed and soph's $60m will give us plenty of ammo ($110m) through to key inflection points over the next 12-18 months.
    AIPAC overall survival data, first major data second half 2021 and it must be more compelling than published earlier this year due to the extended length of time before OS events completed. And as Ahjay alluded, why would a phase 3 AIPAC trial be instigated if data was not good enough to justify. Hope recruitment is quicker than 2B bearing in mind focus will be on sub-groups that responded well (low monocytes/under 65 years).

    Latest 4C makes great reading - and why wouldn't it be, we are the forefront of the next major checkpoint inhibitor LAG-3. BMS have done the heavy lifting in proof of concept (anti-Lag 3) and statistically meaningful data in melanoma. Other big pharma are on to Lag-3 and yet Immutep is the only 'pure play' with a completely novel mode of action. For those new to Immutep:
    The LAG-3 - MHC II interaction controls the signaling between specific immune cells, T cells and antigen presenting cells (APCs), which are responsible for the adaptive immune response. Our lead product candidate is eftilagimod alpha which is in late-stage clinical development (please see) for the treatment of cancer. Other products are in pre-clinical (IMP761) or clinical development (LAG 525, GSK'781) for cancer or autoimmune diseases.With our lead product candidate eftilagimod alpha, we are investigating the LAG-3 immune control mechanism in different areas of application to boost the immune system with a unique mechanism.

    Efti - 'a blockbuster in the making' (analyst comment) - peak sales $5.1 billion forecast. (2030)

    Current Valuation - average from 3 analysts - $1.15 share.

    Highly likely a MA (merger/acquisition) 12-24 months - $2.00 - $3.00 share (this purely my guesstimate).






 
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