Imugene: Receives FDA approval for PD1-Vaxx trial

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Imugene (IMU) has received approval from the U.S. Food and Drug Administration (FDA) to begin a clinical trial for its PD1-Vaxx drug
  • Then the company gained Investigational New Drug (IND) approval to begin enrolment in a phase one trial in patients with non-small cell lung cancer
  • The primary aim of the phase one study is to determine the safety and optimal dosage of the drug, as well as measuring efficacy and immune response
  • PD1-Vaxx is already in phase one clinical trials in Australia
  • Imugene also cashed up and ready to progress PD1-Vaxx and three other immunotherapies through clinical trials in the current quarter
  • Imugene is trading grey for 5.6 cents
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