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Immuron US DoD Naval Medical Research Center responds to FDA Clinical Hold for New Campylobacter ETEC Therapeutic

Key Takeaway: Immuron Limited has responded to a clinical hold issued by the FDA regarding its oral therapeutic for Campylobacter and ETEC. The company collaborated with the Naval Medical Research Center and Johns Hopkins University to address the FDA's safety concerns highlighted during a previous review. A response letter containing additional data has been submitted, and the FDA is expected to provide feedback within 30 days. This proactive step may facilitate the continuation of the clinical trials.

Market Sentiment Analysis

POSITIVE FACTORS

  • Immuron has submitted a response letter to the FDA, showing proactive engagement.
  • The partnership with Johns Hopkins and NMRC demonstrates collaboration with esteemed institutions.
  • The submission of specific data to address safety concerns may expedite the review process.

CONCERNS & RISKS

  • The FDA placed a clinical hold on the trials, indicating initial safety concerns.
  • The clinical trial delays could affect timelines for product development and commercialization.

Full Press Release Details

MELBOURNE, Australia, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company that has developed two commercially available oral immunotherapeutic products for the treatment of gut mediated diseases, today announces that a response letter has been submitted to the US Food and Drug Administration (FDA). Immuron has previously reported feedback was received from the FDA following a review of the Investigational New Drug (IND) application (ASX announcement July 26, 2022) of a new oral therapeutic targeting Campylobacter and ETEC developed in collaboration with Immuron. The FDA informed the NMRC that based on its review of the nonclinical data, the agency was placing a clinical hold on the clinical trials of the new oral therapeutic under the IND application.
The Sponsor Investigator and Principal Investigator from Johns Hopkins University (JHU) Bloomberg School of Public Health and personnel from the Naval Medical Research Center (NMRC) and Immuron participated in a virtual meeting with the FDA on the 2 December 2022 to discuss the clinical hold and advise on a path forward to address the safety concerns and supporting data associated with this new product. The FDA provided written guidance to the NMRC following the meeting on the 20 December 2022. NMRC, JHU and Immuron have now addressed the specific concerns of the FDA clinical hold and a response letter has been submitted. The agency will provide feedback on the clinical hold in 30 calendar days from receipt of the NMRC information package.
This release has been authorised by the directors of Immuron Limited.
Chief Executive Officer
Ph: +61 (0)3 9824 5254
Immuron Limited (ASX: IMC, NASDAQ: IMRN) is an Australian biopharmaceutical company focused on developing and commercializing orally delivered targeted polyclonal antibodies for the treatment of infectious diseases.
For more information visit: http://www.immuron.com

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Frequently Asked Questions

What type of products does Immuron Limited develop?

Immuron Limited develops oral immunotherapeutic products for gut-mediated diseases.

Why was the clinical trial put on hold by the FDA?

The FDA placed a clinical hold on the trial due to safety concerns from nonclinical data.

Who participated in the meeting with the FDA?

Participants included the NMRC, JHU, and Immuron representatives.

What was discussed in the FDA meeting held on December 2, 2022?

The meeting addressed the clinical hold and outlined a path to resolve safety concerns.

When will the FDA respond to the submitted information package?

The FDA will provide feedback within 30 calendar days of receiving the package.

Last updated: Jan 25, 2023