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Benzinga
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Alzheimer's Setback Hits INmune Bio Stock, But FDA Hopes Remain

1. INMB's stock is down 59%, trading at $2.14. 2. Volume spiked to 23.2 million, significantly above average. 3. Phase 2 trial results showed cognitive benefits for XPro in OBAD patients. 4. INMB plans to file for Breakthrough Therapy Designation with the FDA. 5. Company aims to define pivotal trial path in Q4 2025.

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FAQ

Why Bearish?

Despite some positive results, the overall drug efficacy was not demonstrated across all patients. The significant drop in stock price reflects investor disappointment and concerns over future trials.

How important is it?

The trial results and subsequent FDA engagements are crucial for INMB’s future and investor confidence.

Why Long Term?

The outcome of the upcoming FDA meetings and potential future trials will significantly influence INMB's long-term prospects.

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