Innate Immunotherapeutics (ATX AU): 2022 Is Going to Be a Watershed Year

2022-04-12

The company is scheduled to start two phase 2 trials for its lead asset, with first results expected in mid-2023. Investors, with high-risk appetite can go for this stock ahead of key milestones.

Innate Immunotherapeutics (ATX AU) is an Australian pharmaceutical company advancing a pipeline of focal adhesion kinase (FAK) inhibitors for cancer and fibrosis.
The company’s primary focus for 2022 is on initiating phase 2 clinical trials in pancreatic cancer and, in the second half of the year in lung fibrosis.
With latest quarter’s cash burn of AUD0.94 million and cash balance of AUD16.2 million, the company is well-positioned to fund its near-term R&D activities.

By Tina Banerjee - https://www.smartkarma.com/profiles/tina-banerjee?utm_source=tiger_community

On Innate Immunotherapeutics (ATX AU) - https://www.smartkarma.com/entities/amplia-therapeutics-ltd?utm_source=tiger_community

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

xnegate
2022-04-17
xnegate
let's goooo
D.Billions
2022-04-14
D.Billions
good to see thus
Dragonroar
2022-04-19
Dragonroar
wow oh that's something
mantaru
2022-04-19
mantaru
biopharm *shivers
coldkohmew
2022-04-19
coldkohmew
Fingers cro ssed
GerryLoh
2022-04-18
GerryLoh
good sharing thanks

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Investors, with high-risk appetite can go for this stock ahead of key milestones. <ul> \n <li> Innate Immunotherapeutics (ATX AU) is an Australian pharmaceutical company advancing a pipeline of focal adhesion kinase (FAK) inhibitors for cancer and fibrosis.</li> \n <li>The company’s primary focus for 2022 is on initiating phase 2 clinical trials in pancreatic cancer and, in the second half of the year in lung fibrosis.</li> \n <li>With latest quarter’s cash burn of AUD0.94 million and cash balance of AUD16.2 million, the company is well-positioned to fund its near-term R&amp;D activities.</li> \n</ul> By Tina Banerjee - https://www.smartkarma.com/profiles/tina-banerjee?utm_source=tiger_community On Innate Immunotherapeutics (ATX AU) - https://www.smartkarma.com/entities/amplia-therapeutics-ltd?utm_source=tiger_community</body></html>","htmlText":"<html><head></head><body>The company is scheduled to start two phase 2 trials for its lead asset, with first results expected in mid-2023. Investors, with high-risk appetite can go for this stock ahead of key milestones. <ul> \n <li> Innate Immunotherapeutics (ATX AU) is an Australian pharmaceutical company advancing a pipeline of focal adhesion kinase (FAK) inhibitors for cancer and fibrosis.</li> \n <li>The company’s primary focus for 2022 is on initiating phase 2 clinical trials in pancreatic cancer and, in the second half of the year in lung fibrosis.</li> \n <li>With latest quarter’s cash burn of AUD0.94 million and cash balance of AUD16.2 million, the company is well-positioned to fund its near-term R&amp;D activities.</li> \n</ul> By Tina Banerjee - https://www.smartkarma.com/profiles/tina-banerjee?utm_source=tiger_community On Innate Immunotherapeutics (ATX AU) - https://www.smartkarma.com/entities/amplia-therapeutics-ltd?utm_source=tiger_community</body></html>","text":"The company is scheduled to start two phase 2 trials for its lead asset, with first results expected in mid-2023. Investors, with high-risk appetite can go for this stock ahead of key milestones. Innate Immunotherapeutics (ATX AU) is an Australian pharmaceutical company advancing a pipeline of focal adhesion kinase (FAK) inhibitors for cancer and fibrosis. The company’s primary focus for 2022 is on initiating phase 2 clinical trials in pancreatic cancer and, in the second half of the year in lung fibrosis. With latest quarter’s cash burn of AUD0.94 million and cash balance of AUD16.2 million, the company is well-positioned to fund its near-term R&D activities. 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