Immutep Ltd (ASX: IMM) Surges Over 10% on Updated Clinical Trial Results

Mon 05 May 25, 03:39 AM |

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Highlights

Immutep Ltd (ASX: IMM) emerged as a standout performer on the ASX All Ordinaries Index (ASX: XAO) today, even as the broader index edged 0.3% lower. The clinical-stage biotech’s share price climbed as much as 19.4% in early trading following the release of new clinical trial data, before settling at 31.5 cents, up 16.7% from Friday’s close.

The market reaction follows Immutep’s announcement of updated data from its TACTI-003 Phase IIb trial, focusing on patients with recurrent or metastatic head and neck squamous cell carcinoma and low PD-L1 expression. This group represents a patient population with limited existing treatment options.

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