IMU 3.39% 5.7¢ imugene limited

Media Thread, page-2844

  1. 6,655 Posts.
    lightbulb Created with Sketch. 4371
    Roche pulls Tecentriq breast cancer nod after post-approval trial flop

    Below is an extract of the above article:

    The setback comes at a difficult time for Roche’s oncology business, which has faced eroding sales from biosimilar competition for Avastin, Herceptin and Rituxan. Combined revenue for those drugs fell 39% in 2021, according to the company’s half-year report.

    Due to their past history, I am sure Roche is well aware of Leslie Chong's Her-Vaxx and PD1-Vaxx progress. What better way to blow off these biosims than getting an exclusive deal for both Her-Vaxx and PD1-Vaxx with a long patent runway. More importantly, Her-Vaxx, and I pretty sure PD1-Vaxx, will both have better efficacy, safety and tolerability than what is available out there. If Roche with the help of IMU can monopolise those relevant cancer market, it would be worth tens of billions annually!

    All we need do now is wait for the IMU science to do all talking.

    By the way, Merck's Keytruda is also suffering losing market share to biosims in the same way as what Roche is suffering from. So who knows, a bidding war for our B-Cell tech?
    Last edited by fattchoi: 29/08/21
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
-0.002(3.39%)
Mkt cap ! $418.9M
Open High Low Value Volume
6.0¢ 6.2¢ 5.6¢ $1.863M 31.44M

Buyers (Bids)

No. Vol. Price($)
3 214965 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 60000 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.