The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Imugene (IMU) receives Human Research Ethics Committee (HREC) approval to start a phase two clinical trial of its cancer vaccine, HER-Vaxx in Australia
  • This approval confirms the company has completed pre-clinical safety and efficacy for the phase two trial, dubbed nextHERIZON
  • Imugene says the aim of the trial is to assess the safety and efficacy of HER-Vaxx in combination with chemotherapy or pembrolizumab in certain cancer patients
  • The company will now notify the Therapeutic Goods Administration (TGA) of its HREC approval before conducting local site initiation activities
  • Before market open, shares are trading at 16 cents each

Imugene (IMU) has received Human Research Ethics Committee (HREC) approval to start a phase two clinical trial of its cancer vaccine, HER-Vaxx in Australia.

This approval is confirmation the company has completed pre-clinical safety and efficacy in order to commence its nextHERIZON clinical trial.

This trial will assess the safety and efficacy of HER-Vaxx in combination with chemotherapy or pembrolizumab in certain cancer patients.

According to the company, the main focus is on safety and response rate, but it will also monitor duration of response, survival, and biomarker evaluation.

Imugene will now notify the Therapeutic Goods Administration (TGA) of its HREC approval before conducting local site initiation activities.

Two Australian hospitals have received ethics approval, with additional sites to be opened in Australia and the US.

“The start of our Australian study is a significant milestone for Imugene and clinicians treating Australians faced with the challenge of HER-2+ gastric cancer and we look forward to further evaluating HER-Vaxx in combination with pembrolizumab in a relapsed/refractory metastatic setting,” Managing Director and CEO Leslie Chong said.

Before the market opens for the day, IMU shares were trading at 16 cents each on May 9.

IMU by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX signs off on a sigh with all sectors red-lining

The ASX200 finished 1.3 per cent down with every sector in the red and Industrials and Real Estate brittle and bruised as bot…

Week 17 Wrap: BHP-Anglo deal helps push down ASX; US data of concern but AI bulls happy

The big thematics and headlines that drove the ASX this week, plus, the headlines I think…
The Market Online Video

Market Update: ASX on red alert with all sectors below the surface

The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has…

ResMed spikes on robust results and global growth spurt

ResMed shares have climbed following the release of the company's strong Third Quarter FY2024 results.