Immunic Inc (NASDAQ:IMUX, FRA:10VA) announced that it will host a virtual research and development day focused on relapsing multiple sclerosis on September 9, as the biotechnology company prepares for topline results from its Phase 3 ENSURE trials expected by the end of 2026. The event will feature Immunic management, including CEO Erik Lundgren, chief medical officer Michael Panzara, chief scientific officer Hella Kohlhof and president and chief operating officer Jason Tardio.
Immunic is advancing vidofludimus calcium (IMU-838) in late-stage trials for both relapsing and progressive multiple sclerosis. MS represents a substantial market, with existing therapies projected to reach ~$22 billion in 2026 revenues. IMU-838's oral administration and differentiated mechanism of action position it as a potential major player in the MS market.
The mean of analysts' price targets for Immunic (IMUX) points to a 163% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| ABB Alexander Bjornager Bonde Danske Bank A/S | 2 | $31 | $23.56 | -$7.44 | -24% |
Point72 Asset Management LP Point72 Asset Management LP | 10,806 | $166,088 | $173,544.35 | $7,456.35 | 4.49% |
Li Peng China Universal Asset Management Co. Ltd. | 6,400 | $98,624 | $89,408 | -$9,216 | -9.34% |
W. Travis McKinney HB Wealth Management LLC | 9,145 | $80,658.9 | $127,755.65 | $47,096.75 | 58.39% |
| KJ Ken Joseph Braidwel LLP | 645,010 | $9.91M | $8.77M | -$1.15M | -11.58% |
| Biotechnology Industry | Healthcare Sector | Erik Lundgren CEO | NASDAQ (NGS) Exchange | 4525EP200 CUSIP |
| US Country | 100 Employees | 15 Apr 2019 Last Dividend | 27 Apr 2026 Last Split | 17 Apr 2014 IPO Date |
Immunic, Inc. is a biotechnology company with a core focus on the development of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases. Established in 2016 and with operations in both the United States and Germany, Immunic, Inc. dedicates itself to advancing a pipeline of novel treatments that promise a brighter future for patients suffering from these debilitating conditions. By targeting the underlying causes of such diseases, Immunic strives to deliver effective and innovative medical solutions that can improve the quality of life for those affected.