Martin Shkreli predicts a 90% drop for INMB shares. Shkreli cites weak Phase 1 trial data as a major concern. Recent enthusiasm followed INMB's 44% surge relating to XPro1595. BMF Reports supports Shkreli's critique of INMB's scientific integrity. INMB shares fell by 15% on Friday ahead of Shkreli's post.
INMB's stock is down 59%, trading at $2.14. Volume spiked to 23.2 million, significantly above average. Phase 2 trial results showed cognitive benefits for XPro in OBAD patients. INMB plans to file for Breakthrough Therapy Designation with the FDA. Company aims to define pivotal trial path in Q4 2025.
INMB stock surged 74.68% with high trading volume. Company to present Phase 2 MINDFuL trial data on June 30. XPro shows promising potential in treating Alzheimer's disease. Trial overenrolled with 208 patients categorized as mild AD and MCI. Strong correlation found between EMACC and CDR-SB in Alzheimer's assessment.