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Immuron Limited ( (AU:IMC) ) has issued an announcement.
Immuron Limited has submitted an Investigational New Drug (IND) application to the FDA for the clinical development of IMM-529, aimed at treating and preventing Clostridioides difficile infection (CDI). The company plans to initiate a Phase 2 clinical trial in 2026, targeting both first episode and recurrent CDI patients. IMM-529’s oral administration and its potential to accelerate the clearance of CDI infection make it a promising candidate in addressing the urgent need for new therapeutics, especially given the rising incidence of antibiotic-resistant infections. With a projected annual revenue potential of approximately US$400 million, IMM-529 could significantly impact the treatment landscape for CDI, offering a novel approach that combines standard antibiotics with targeted antibodies to restore healthy gut microbiota.
More about Immuron Limited
Immuron Limited is a biopharmaceutical company focused on developing and commercializing oral immunotherapeutic products for the prevention and treatment of gut-mediated diseases. The company is particularly involved in addressing infectious diseases, with a market focus on conditions like Clostridioides difficile infection (CDI).
Average Trading Volume: 248,333
Technical Sentiment Signal: Buy
Current Market Cap: A$23.87M
Find detailed analytics on IMC stock on TipRanks’ Stock Analysis page.