Immunome's Stock Jumps On Its Antibody Cocktail Neutralizing Multiple COVID-19 Variants In Animal Studies

In this article:
  • Immunome Inc (NASDAQ: IMNM) has announced antibody selection for its IMM-BCP-01 antibody cocktail and shared preclinical data showing that IMM-BCP-01 is effective against the current SARS-CoV-2 and its variants.

  • In Syrian hamsters infected with live SARS-CoV-2 virus, IMM-BCP-01 reduced lung viral load as a treatment and prophylaxis.

  • Data also demonstrated full neutralization by IMM-BCP-01 of emerging/concerning variants of COVID-19 and mutations.

  • Mechanistic studies demonstrate that the selected antibodies bind not only to SARS-CoV-2 spike proteins with complex mutations but also to those with several individual mutations.

  • Two of the three selected antibodies bind to areas of the Spike protein that may be resistant to evolutionary change.

  • Immunome anticipates filing an IND for its IMM-BCP-001 program in late Q2/early Q3 2021.

  • IMM-BCP-01 contains three monoclonal antibodies that bind to non-overlapping regions of the spike protein with picomolar affinity.

  • Price Action: IMNM shares are trading 12.7% higher at $33.29 in the premarket session on the last check Monday.

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