INmune Bio shares are trading higher after the company announced its INKmune Phase I/II trial for metastatic castration-resistant prostate cancer (mCRPC) demonstrated excellent safety and increased NK-cell activity in the first dosing cohort.
Portfolio Pulse from Benzinga Newsdesk
INmune Bio shares rose following positive results from its INKmune Phase I/II trial for metastatic castration-resistant prostate cancer, showing excellent safety and increased NK-cell activity.
September 26, 2024 | 1:28 pm
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POSITIVE IMPACT
INmune Bio's stock price increased due to positive results from its INKmune Phase I/II trial, which showed excellent safety and increased NK-cell activity in treating mCRPC.
The announcement of positive trial results is a significant milestone for biotech companies, often leading to increased investor confidence and stock price appreciation. The trial's success in demonstrating safety and increased NK-cell activity is likely to boost investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100