INmune Bio

INmune Bio

INMB
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INMB · Stock Price

USD 1.43-5.54 (-79.48%)
Market Cap: $38.3M

Historical price data

Overview

INmune Bio is a clinical-stage biotech focused on precisely modulating the innate immune system to treat Alzheimer's disease and cancer. Its strategy centers on two distinct platforms: XPro1595, a dominant-negative TNF inhibitor that neutralizes only the soluble form driving pathology, and INKmune, an in vivo NK cell primer. The company is advancing multiple Phase 2 trials, with a development philosophy anchored in patient biology and clinically relevant metrics.

Neurologic DiseaseOncology

Technology Platform

Two platforms: 1) XPro1595, a dominant-negative protein that selectively neutralizes soluble TNF to quell pathological inflammation; 2) INKmune, an off-the-shelf cellular therapy that primes a patient's own NK cells in vivo to attack cancer.

Pipeline

7
7 drugs in pipeline1 in Phase 3
DrugIndicationStageWatch
INB03 + PlaceboCOVID-19Phase 2/3
XPro1595Alzheimer DiseasePhase 2
XPro1595 + PlaceboMild Cognitive Impairment (MCI)Phase 2
XPro1595 + PlaceboAlzheimer DiseasePhase 2
INKmuneCancerPhase 1/2

Opportunities

Near-term clinical data from the Phase 2 MINDFuL trial in Alzheimer's and Phase 1/2 CaRe Prostate study offer binary catalysts for valuation.
The selective sTNF platform could position the company as a leader in targeting neuroinflammation, a key AD pathology, while the in vivo NK cell platform presents a potentially safer, more scalable alternative to complex ex vivo cell therapies.

Risk Factors

High risk of clinical trial failure in lead Alzheimer's and oncology programs.
The company is pre-revenue with a low market cap, indicating financial fragility and high likelihood of future dilutive financing.
Faces intense competition in both Alzheimer's (from amyloid-focused giants) and NK cell therapy spaces.

Competitive Landscape

In Alzheimer's, competes by offering a selective anti-inflammatory approach distinct from broad anti-TNF failures and the dominant amyloid paradigm. In NK cell therapy, competes with complex ex vivo/CAR-NK platforms by offering a simpler, in vivo priming strategy aimed at better safety and scalability.