BUZZ-Australia's Immutep rises on 3-week high after initiation of phase-3 trial

Reuters
2024-12-11
BUZZ-Australia's Immutep rises on 3-week high after initiation of phase-3 trial

** Shares of biotechnology company Immutep IMM.AX rise as much as 2.2% to A$0.348, their highest since Nov. 14

** Co has announced initiation of phase-3 trial for the treatment of first-line metastatic non-small cell lung cancer (1L NSCLC)

** Says trial will include over 150 clinical sites in over 25 countries

** Co expects to enrol the first patient in Q1 of CY2025.

** Stock has fallen 0.5% YTD, as of last close

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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