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31.5¢ immutep limited

thanks jenks

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ahjay

25,493 Posts.

1388

09/07/21

16:48

Post #: 54402687
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Originally posted by pjenkinsnz: ↑

https://www.taylorcollison.com.au/wp-content/uploads/2021/07/IMM-20210706-Upgrade.pdf

Efti development program expanded

Our View

IMM has announced plans to expand the clinical program for efti funded by a $65m capital raise. Key additions are i) a Phase III trial of efti plus paclitaxel in metastatic breast cancer (mBC); and ii) a Phase II trial of efti/chemo/anti-PD1 triple combo in non-small cell lung cancer (NSCLC). The recent GSK/Iteos licence deal, which included US$625m upfront and total deal value over US$2bn for a Phase I TIGIT drug highlights the value big pharma attributes to promising immuno-oncology (IO) combo therapies, and indicates the potential value of efti if it demonstrates efficacy in the planned TACTI-003 randomised Phase IIb in head and neck cancer.
We revise our risk-adjusted valuation of IMM, adding the mBC Phase III (risked to 25%), updating the upfront and milestone payments from a potential efti licence deal in light of the GSK/iTeos deal and increasing modelled royalty rates. Our post cap raise valuation increases to $1,002m (vs $714m), $1.14/sh fully diluted (vs $1.00/sh) or $1.19/sh undiluted.

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thanks jenks

IMM Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 31.5¢		Change 0.005(1.61%)		Mkt cap ! $458.1M

Open	High	Low	Value	Volume
31.0¢	32.0¢	30.5¢	$694.0K	2.223M

Buyers (Bids)

No.	Vol.	Price($)
3	22530	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
31.5¢	176372	4

View Market Depth

No.	Vol.	Price($)
3	22530	0.310
21	379601	0.305
32	821817	0.300
9	158083	0.295
10	237886	0.290

Price($)	Vol.	No.
0.315	176372	4
0.320	104699	4
0.325	108599	5
0.330	199775	4
0.335	196676	5

Last trade - 16.10pm 09/10/2024 (20 minute delay)

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