Recent Updates
Recently added Catalysts
IMTX Positive Sentiment Score: 85/100

Immatics Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for ACTengine IMA203 TCR-T Monotherapy RMAT designation granted by FDA CBER for IMA203 cell therapy in multiple PRAME-expressi

Key Takeaway: Immatics N.V. has received FDA Regenerative Medicine Advanced Therapy (RMAT) designation for its ACTengine IMA203 TCR-T monotherapy program targeting various cancers expressing the PRAME protein. This designation highlights the promising potential of IMA203, which is currently being tested in patients with relapsed or refractory solid tumors. The RMAT status offers several advantages, including early discussions with the FDA on trial design and the possibility of expedited review processes. As the first oncology drug candidate to receive RMAT designation for more than two solid tumor indications, IMA203 marks a significant milestone in Immatics' development efforts.

Market Sentiment Analysis

POSITIVE FACTORS

  • Received RMAT designation, accelerating development for IMA203.
  • Potential to address unmet medical needs in multiple cancers.
  • Enhanced support from the FDA for clinical development.

Full Press Release Details

Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for ACTengine IMA203 TCR-T Monotherapy
Texas and Tuebingen, Germany, October 24, 2023
- Immatics N.V. (NASDAQ: IMTX, "Immatics"), a
clinical-stage biopharmaceutical company active in the discovery and development of T cell-redirecting cancer immunotherapies, today
announced that its IMA203 TCR-T program has received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA Center for
Biologics Evaluation and Research (CBER) in multiple relapsed and/or refractory HLA-A*02:01-positive and PRAME-expressing cancers, including
cutaneous melanoma, uveal melanoma, endometrial carcinoma, synovial sarcoma, and ovarian cancer. IMA203 is a TCR-T cell therapy targeting
PRAME, a protein frequently expressed in a large variety of solid tumors.
designation for multiple indications underscores the broad potential of IMA203 and the benefits it may provide for advanced-stage solid
tumor patients. This is an important regulatory milestone and a recognition of our clinical development progress for this program,"
said Cedrik Britten, Chief Medical Officer of Immatics. "The close support from the FDA resulting from the RMAT status enhances
our efforts to accelerate bringing IMA203 to cancer patients by enabling real-time discussions on patient populations, trial design and
the 21st Century Cures Act, RMAT designation is a dedicated program designed to expedite the development and review processes for promising
pipeline products, including cell therapies, that includes all the benefits of Fast Track and Breakthrough designation programs. An investigational
cell therapy is eligible for RMAT designation if it meets the definition of regenerative medicine therapy, it is intended to treat, modify,
reverse, or cure a serious or life-threatening disease; and preliminary clinical evidence indicates that the therapy has the potential
to address unmet medical needs for that disease. Advantages of the RMAT designation include early interactions with the FDA that may
be used to discuss potential surrogate or intermediate endpoints for accelerated approval and potential ways to satisfy post-approval
requirements, potential priority review of the biologics license application (BLA) and other opportunities to expedite development and
publicly available information1, it is the Company's understanding
that this is the first time that FDA has granted a RMAT designation for an oncology drug candidate for more than two solid tumor
indications. As of Sep 30, 2023, the U.S. FDA has received at least 238 requests for RMAT designations and granted 922.
______________________
T cells are directed against an HLA-A*02:01-presented peptide derived from preferentially expressed antigen in melanoma (PRAME), a protein
frequently expressed in a large variety of solid cancers, thereby supporting the program's potential to address a broad cancer
patient population. Immatics' PRAME peptide is present at a high copy number per tumor cell and is homogeneously and specifically
expressed in tumor tissue. The peptide has been identified and characterized by Immatics' proprietary mass spectrometry-based target
discovery platform, XPRESIDENT . Through its proprietary TCR discovery and engineering platform XCEPTOR , Immatics has generated
a highly specific T cell receptor (TCR) against this target for its TCR-based cell therapy approach, ACTengine IMA203.
TCR-T is currently being evaluated in three ongoing Phase 1b dose expansion cohorts in last-line patients: Cohort A IMA203 GEN1 monotherapy,
Cohort B IMA203 in combination with an immune checkpoint inhibitor (deprioritized) and Cohort C IMA203CD8 GEN2 monotherapy, where IMA203
engineered T cells are co-transduced with a CD8 co-receptor.
a personalized cell therapy approach for patients with advanced solid tumors. The patient's own T cells are genetically engineered
to express a novel, proprietary TCR directed against a defined cancer target. The modified T cells are then reinfused into the patient
to attack the tumor. The approach is also known as TCR-engineered cell therapy (TCR-T). All Immatics' ACTengine product candidates
can be rapidly manufactured utilizing a proprietary manufacturing process designed to enhance T cell engraftment and persistence in
T cell products are manufactured at the Evelyn H. Griffin Stem Cell Therapeutics Research Laboratory in collaboration with UTHealth.
the discovery of true targets for cancer immunotherapies with the development of the right T cell receptors with the goal of enabling
a robust and specific T cell response against these targets. This deep know-how is the foundation for our pipeline of Adoptive Cell Therapies
and TCR Bispecifics as well as our partnerships with global leaders in the pharmaceutical industry. We are committed to delivering the
power of T cells and to unlocking new avenues for patients in their fight against cancer.
intends to use its website www.immatics.com as a means of disclosing material non-public information. For regular updates, you can also
statements in this press release may be considered forward-looking statements. Forward-looking statements generally relate to future
events or Immatics' future financial or operating performance. For example, statements concerning the timing of product candidates
and Immatics' focus on partnerships to advance its strategy are forward-looking statements. In some cases, you can identify forward-looking
statements by terminology such as "may", "should", "expect", "intend", "will",
"estimate", "anticipate", "believe", "predict", "potential" or "continue",
or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties,
and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Immatics and its management,
are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.
Factors that may cause actual results to differ materially from current expectations include, but are not limited to, various factors
beyond management's control including general economic conditions and other risks, uncertainties and factors set forth in filings with
the SEC. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth
herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place
undue reliance on forward-looking statements, which speak only as of the date they are made. Immatics undertakes no duty to update these
forward-looking statements. All the scientific and clinical data presented within this press release are - by definition prior
to completion of the clinical trial and a clinical study report - preliminary in nature and subject to further quality checks including
customary source data verification.
more information, please contact:
Media
Eva Mulder or Charlotte Spitz
Trophic Communications
Phone: +31 65 2331 579
immatics@trophic.eu
Investor Relations
Sabrina Schecher, Ph.D.
Senior Director, Investor Relations
Phone: +49 89 262002433
InvestorRelations@immatics.com

Frequently Asked Questions

What is the FDA RMAT designation for IMA203?

IMA203 received RMAT designation for targeting relapsed and refractory cancers.

What types of cancers are targeted by IMA203?

IMA203 targets several cancers, including melanoma, endometrial carcinoma, and ovarian cancer.

What is TCR-T cell therapy?

TCR-T therapy genetically modifies a patient's T cells to attack specific tumor targets.

How does RMAT designation benefit IMA203?

RMAT designation facilitates early FDA interactions and could expedite IMA203’s development.

What role does PRAME play in IMA203 therapy?

PRAME is a protein targeted by IMA203, commonly expressed in various solid tumors.

Last updated: Oct 24, 2023