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Immutep Announces Successful Completion of FDA Project Optimus Requirements

Key Takeaway: Immutep Limited has successfully completed the FDA's Project Optimus requirements, receiving positive feedback regarding the optimal biological dose of 30mg for its immunotherapy, eftilagimod alfa (efti). This milestone is crucial for the ongoing Phase III trial TACTI-004, which evaluates efti in combination with KEYTRUDA and chemotherapy for advanced non-small cell lung cancer. The company aims to bring this novel treatment to market for cancer patients worldwide.
Price reaction · baseline $2.01 (2025-10-10 close) · hit pre-market · clean, no other IMMP news in the window
day 0 close
-1%

Market Sentiment Analysis

POSITIVE FACTORS

  • FDA provided positive feedback on Project Optimus requirements.
  • Agreement on 30mg as the optimal biological dose for efti.
  • Strategic relevance for future BLA filings.
  • Efti's favorable safety profile supports various treatment combinations.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+76%
120-day peak, hindsight
Typical move
5.4%
average across 13 past catalysts
Lead asset
eftilagimod alfa
Phase 3 · Advanced/Metastatic Non-Small Cell Lung Cancer (NSCLC)

Full Press Release Details

SYDNEY, AUSTRALIA, Oct. 13, 2025 (GLOBE NEWSWIRE) --Immutep Limited(ASX: IMM; NASDAQ: IMMP) (“Immutep” or “the Company”), a late-stage immunotherapy company targeting cancer and autoimmune diseases, today announces that positive and straightforward feedback has been received from the US Food and Drug Administration (“FDA”) regarding the successful completion of Project Optimus requirements and agreement on 30mg as the optimal biological dose for eftilagimod alfa (efti).
Immutep’s Chief Development Officer, Christian Mueller, said, “We are very thankful for the FDA’s positive feedback and productive discussions over the past few years. The alignment on efti’s optimal biologic dose has strategic relevance to our efti oncology programs and is a major de-risking event and building block towards future BLA filings. We are excited to successfully conclude this chapter of efti’s clinical development and are intently focused on bringing this novel immunotherapy to market to help address the needs of cancer patients worldwide.”
The agreement with the FDA on efti’s optimal biological dosing carries strategic importance in the ongoing and future clinical development of this first-in-class immunotherapy, including the global TACTI-004 (KEYNOTE-F91) Phase III trial evaluating efti in combination with MSD’s (Merck & Co., Inc., Rahway, NJ, USA) anti-PD-1 therapy KEYTRUDA®(pembrolizumab), and chemotherapy as first-line treatment for advanced or metastatic non-small cell lung cancer (1L NSCLC), regardless of PD-L1 expression. With the conclusion ofProject Optimus, this registrational study is now in process of opening sites in the United States.
About Eftilagimod Alfa (Efti)Efti is a novel immunotherapy that directly activates antigen-presenting cells or APCs (e.g. dendritic cells, monocytes) via the MHC Class II pathway to fight cancer. As an MHC Class II agonist, its activation of APCs engages the adaptive and innate immune system to initiate a broad anti-cancer immune response. This includes priming and activating cytotoxic T cells as well as generating important co-stimulatory signals & cytokines that further boost the immune system’s ability to combat cancer.
Efti is under evaluation for a variety of solid tumours including non-small cell lung cancer (NSCLC) in a pivotal Phase III trial called TACTI-004 (KEYNOTE-F91), as well as head and neck squamous cell carcinoma (HNSCC), soft tissue sarcoma, and breast cancer. Its favourable safety profile enables various combinations like with anti-PD-[L]1 immunotherapy, radiotherapy, and/or chemotherapy. Efti has received Fast Track designation in first line HNSCC and in first line NSCLC from the United States Food and Drug Administration (FDA).
About ImmutepImmutep is a late-stage biotechnology company developing novel immunotherapies for cancer and autoimmune disease.The Company is a pioneer in the understanding and advancement of therapeutics related to Lymphocyte Activation Gene-3 (LAG-3), and its diversified product portfolio harnesses LAG-3’s ability to stimulate or suppress the immune response. Immutep is dedicated to leveraging its expertise to bring innovative treatment options to patients in need and to maximise value for shareholders. For more information, please visitwww.immutep.com.
KEYTRUDA®is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.

Australian Investors/Media:Eleanor Pearson, Sodali & Co.+61 2 9066 4071;eleanor.pearson@sodali.com

U.S. Investors/Media:Chris Basta, VP, Investor Relations and Corporate Communications+1 (631) 318 4000;chris.basta@immutep.com

Frequently Asked Questions

What is the significance of Project Optimus for Immutep?

Project Optimus completion provides strategic alignment on dosing for efti, aiding future BLA filings.

What is the optimal biological dose for efti?

The FDA has agreed on 30mg as the optimal biological dose for eftilagimod alfa.

What trial is efti currently involved in?

Efti is being evaluated in the Phase III TACTI-004 trial for advanced non-small cell lung cancer.

What types of cancer is efti being tested for?

Efti is under evaluation for non-small cell lung cancer, head and neck cancer, and breast cancer.

Last updated: Oct 13, 2025