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Stock impact report

Immunovant touts positive Phase II batoclimab data as IMVT-1402 also progresses [Yahoo! Finance]

Immunovant, Inc. (IMVT) 
Company Research Source: Yahoo! Finance
other autoimmune candidate IMVT-1402 inches closer to a pivotal trial later this year. The results for batoclimab include “strong response rates” following an injection with the therapy, according to the US immunology specialist's CEO Pete Salzmann. Meanwhile, Immunovant has set its sights on a pivotal trial for IMVT-1402 after an investigational new drug application (IND) was cleared by the US Food and Drug Administration. The biopharma expects to initiate the study, which will also involve Graves' disease patients, by the end of this year. Immunovant has been investigating batoclimab – a monoclonal antibody – in a Phase IIa trial (NCT05907668) with Graves' disease patients who were hyperthyroid despite antithyroid therapy. Graves' disease is an autoimmune condition that leads to an overactive thyroid gland, resulting in elevated levels of two main thyroid hormones called triiodothyronine and thyroxine, also known as T3 and T4. Antithyroid drugs (ATDs) are the treatment of ch Show less Read more
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