Innate Pharma and the Institute for Follicular Lymphoma Innovation (IFLI) Announce up to $7.9M Investment From IFLI to Support IPH6501 Development in Follicular Lymphoma
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Innate Pharma SA and the Institute for Follicular Lymphoma Innovation have announced a partnership with a $7.9M investment from IFLI to support the development of IPH6501, an anti-CD20 ANKET® for treating follicular lymphoma. This collaboration will focus on a Phase 1/2 trial to assess the safety and efficacy of the treatment.
December 06, 2024 | 6:30 am
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Innate Pharma has secured a $7.9M investment from the Institute for Follicular Lymphoma Innovation to support the development of IPH6501, an anti-CD20 ANKET® for follicular lymphoma. This investment will fund a Phase 1/2 trial to evaluate the treatment's safety and efficacy.
The $7.9M investment from IFLI is significant for Innate Pharma as it supports the development of IPH6501, a key product in their pipeline. The initiation of Phase 1/2 trials is a positive step towards potential market approval, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
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