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Immunic Inc (NASDAQ: IMUX) has executed an in-license agreement with the University Medical Center Goettingen covering the combination of DHODH inhibitors and nucleoside analogs to treat viral infections (COVID-19 and Influenza).
The terms of the agreement were not disclosed.
Preclinical research recently completed has shown that certain DHODH inhibitors, including Immunic's lead asset, IMU-838, can inhibit SARS-CoV-2 replication in vitro.
The Company reiterates its prior guidance that Phase 2 top-line data of IMU-838 in ulcerative colitis is expected in Q2 of 2022.
IMU-935 data from the multiple ascending dose part of the Phase 1 trial is expected in Q4 of 2021, with initial clinical data in psoriasis anticipated in Q2 of 2022.
The phase 1 trial of IMU-935 in metastatic castration-resistant prostate cancer will start in Q4 of 2021.
Enrollment in the Phase 2 CALLIPER trial of IMU-838 in progressive multiple sclerosis will start this month, and Phase 3 ENSURE program of IMU-838 in relapsing-remitting multiple sclerosis in Q4 2021.
Price Action: IMUX shares are down 0.11% at $8.92 during the market session on the last check Wednesday.
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