Why Is Cancer-Focused Immatics Stock Trading Lower On Thursday?
Immatics N.V. initiated a $150 million public offering. Updated Phase 1b data shows IMA203 effective in melanoma patients. No Grade 5 adverse events reported in IMA203 treatment. Approximately 50% of Phase 1b patients achieved over 50% tumor reduction. Phase 3 trial for IMA203 is set to start in December 2024.
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