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CONFIDENTIAL DRAFT NOT FOR IMMEDIATE RELEASE AIM ImmunoTech Enters into Pancreatic Cancer Clinical Research Agreements with AstraZeneca and Erasmus Medical Center Research collaboration will evaluate the potential of AIM

Key Takeaway: AIM ImmunoTech has announced a clinical research collaboration with AstraZeneca and Erasmus Medical Center to evaluate the potential of its drug Ampligen in combination with AstraZeneca's Imfinzi for treating pancreatic cancer. The study will explore how this combination may enhance immune system responses against pancreatic ductal adenocarcinoma, which presents a significant treatment challenge. Previous studies suggest that Ampligen could help improve outcomes in patients through its effects on T-cell activation. This effort seeks to address the significant unmet medical need in treating pancreatic cancer.

Market Sentiment Analysis

POSITIVE FACTORS

  • AIM ImmunoTech has entered into a collaborative research agreement with AstraZeneca and Erasmus Medical Center.
  • The combination therapy being evaluated shows promise for treating pancreatic cancer, a condition with significant unmet need.
  • Ampligen has demonstrated synergistic potential with PD-1 checkpoint blockade therapeutics in previous studies.

Full Press Release Details

DRAFT NOT FOR IMMEDIATE RELEASE
ImmunoTech Enters into Pancreatic Cancer Clinical Research Agreements with AstraZeneca and Erasmus Medical Center
collaboration will evaluate the potential of AIM's Ampligen (rintatolimod) in combination with AstraZeneca's Imfinzi
(durvalumab) for the treatment of pancreatic cancer
FL (January 17, 2023) - AIM ImmunoTech Inc. (NYSE American: AIM) ("AIM" or the "Company"), an immuno-pharma
company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders, and viral diseases
- including COVID-19, the disease caused by the SARS-CoV-2 virus - today announced it has entered into an external sponsored
collaborative clinical research agreement with Erasmus MC and AstraZeneca.
the agreement, Erasmus MC is planning to perform an investigator-initiated clinical study, entitled "Combining anti-PD-L1 immune
checkpoint inhibitor durvalumab with TLR-3 agonist rintatolimod in patients with metastatic pancreatic ductal adenocarcinoma for therapy
effect. DURIPANC Study," in which it will use both Study Drugs provided by AstraZeneca and AIM ImmunoTech.
have been diligently working to advance the development of Ampligen as a synergistic combination therapy with checkpoint inhibitors based
on the promising data demonstrated to date. In the previously conducted human clinical studies, Ampligen has shown synergistic potential
with PD-1 checkpoint blockade therapeutics. We are thrilled to take this important step forward in clinical development in collaboration
with AstraZeneca and its PDL-1 therapy, durvalumab, and further unlock the potential of Ampligen for the treatment of pancreatic cancer
where there remains significant unmet need," commented Thomas K. Equels, MS JD, Chief Executive Officer of AIM.
Casper H.J. van Eijck, MD, PhD, Pancreato-biliary Surgeon at Erasmus MC, added, "PD-L1 expression levels in the malignant tumors
of pancreatic cancer patients correlates to poor prognosis. While immune checkpoint inhibitors targeting PD1/PDL1 have shown promise
in other solid tumors, they have shown limited efficacy thus far in ductal cancer of the pancreas. This may be in part due to limited
CD8+ T-cell maturation necessary for the immune system to combat the cancer. We are excited about the promise of combining Ampligen with
durvalumab as previous data has shown that Ampligen can prime dendritic cells and enhance the maturation of T-cells essentially activating
the immune system through its activation of TLR3 while durvalumab will bind PD-L1 and uncloak' the tumor cells in the tumor
microenvironment allowing them to be recognized and attacked by the immune system. We believe this one-two punch of TLR-3 stimulation
and PD-L1 blockade could lead to synergistic anti-tumor immunity in patients and extend overall and progression free survival in patients
with metastatic pancreatic cancer."
is AIM's dsRNA drug currently being developed for globally important cancers. Ampligen has shown therapeutic synergy with checkpoint
inhibitors, including increasing survival rates and efficacy, in the treatment of animal tumors when used in combination with checkpoint
blockade therapies. The first detection of Ampligen's synergistic potential with checkpoint blockade therapeutics was witnessed
in pre-clinical mouse models of melanoma and pancreatic cancers. Additionally, there is published data from two recent clinical studies
- in triple-negative breast cancer and advanced recurrent ovarian cancer - that further support Ampligen's
potential to enhance checkpoint blockade therapy efficacy.
ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers,
immune disorders, and viral diseases, including COVID-19. The Company's lead product, Ampligen (rintatolimod) is an immuno-modulator
with broad spectrum activity being developed for globally important cancers, viral diseases and disorders of the immune system.
is currently being used to treat pancreatic cancer patients in an Early Access Program (EAP) approved by the Inspectorate of Healthcare
in the Netherlands at Erasmus Medical Center and AIM has commenced a Phase 2 clinical study in locally advanced pancreatic cancer. The
Company also has multiple ongoing clinical trials to evaluate Ampligen as a combinational therapy for the treatment of a variety of solid
tumor types both underway and planned at major cancer research centers. Additionally, Ampligen is approved in Argentina for the treatment
of severe chronic fatigue syndrome (CFS) and is currently being evaluated in many aspects of SARS-CoV-2/COVID-19 myalgic encephalomyelitis/chronic
fatigue syndrome (ME/CFS) and Post COVID Conditions.
more information, please visit aimimmuno.com and connect with the Company on Twitter, LinkedIn, and Facebook.
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "PSLRA").
Words such as "may," "will," "expect," "plan," "anticipate" and similar expressions
(as well as other words or expressions referencing future events or circumstances) are intended to identify forward-looking statements.
Many of these forward-looking statements involve a number of risks and uncertainties. Among other things, for those statements, the Company
claims the protection of safe harbor for forward-looking statements contained in the PSLRA. The Company does not undertake to update
any of these forward-looking statements to reflect events or circumstances that occur after the date hereof.

Frequently Asked Questions

What is the focus of AIM ImmunoTech?

AIM ImmunoTech focuses on developing therapeutics for cancers, immune disorders, and viral diseases.

What is the DURIPANC Study about?

The DURIPANC Study investigates the combination of durvalumab and rintatolimod for metastatic pancreatic cancer.

How might Ampligen benefit pancreatic cancer treatment?

Ampligen may enhance the immune response by activating T-cells while allowing tumors to be recognized.

Where is Ampligen currently being used in a clinical setting?

Ampligen is being used in an Early Access Program at Erasmus Medical Center in the Netherlands.

What is AIM's lead product?

AIM's lead product is Ampligen (rintatolimod), an immuno-modulator for various cancers.

Last updated: Jan 17, 2023