IMVT

Immunovant Announces IMVT-1402, a Next Generation Anti-FcRn  

Retrieved on: 
Wednesday, September 28, 2022

The combined franchise of batoclimab and IMVT-1402 may enable multiple paths to enhanced value creation for Immunovant.

Key Points: 
  • The combined franchise of batoclimab and IMVT-1402 may enable multiple paths to enhanced value creation for Immunovant.
  • All forward-looking statements are based on estimates and assumptions by Immunovants management that, although Immunovant believes to be reasonable, are inherently uncertain.
  • All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that Immunovant expected.
  • Immunovant undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Immunovant Receives $200 Million Strategic Investment from Roivant Sciences

Retrieved on: 
Monday, August 2, 2021

NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage biopharmaceutical company focused on enabling normal lives for people with autoimmune diseases, today announced that it has received a $200 million strategic investment from Roivant Sciences.

Key Points: 
  • NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage biopharmaceutical company focused on enabling normal lives for people with autoimmune diseases, today announced that it has received a $200 million strategic investment from Roivant Sciences.
  • Immunovant intends to use the proceeds from this investment to advance the development of IMVT-1401 in multiple indications.
  • After giving effect to the investment, Immunovant has a pro forma cash balance of approximately $600 million and Roivant has increased its ownership stake in Immunovant from 57.5% to 63.8%, based on Immunovants cash balance and share count as of March 31, 2021.
  • We are incredibly excited about the prospects for IMVT-1401, and we are eager to support Immunovant through this investment.

IMVT INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Immunovant, Inc.

Retrieved on: 
Wednesday, April 7, 2021

On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.

Key Points: 
  • On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • If you wish to serve as lead plaintiff, you must move the Court no later than April 20, 2021.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

IMVT INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Immunovant, Inc.

Retrieved on: 
Monday, March 29, 2021

On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.

Key Points: 
  • On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • If you wish to serve as lead plaintiff, you must move the Court no later than April 20, 2021.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

IMVT INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Immunovant, Inc.

Retrieved on: 
Sunday, March 7, 2021

On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.

Key Points: 
  • On February 2, 2021, Immunovant issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • If you wish to serve as lead plaintiff, you must move the Court no later than April 20, 2021.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

The Law Offices of Frank R. Cruz Announces Investigation of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation (IMVT) on Behalf of Investors

Retrieved on: 
Tuesday, February 23, 2021

The Law Offices of Frank R. Cruz announces an investigation of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation ("HSAC", "Immunovant", or the Company) (NASDAQ: IMVT ) on behalf of investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation ("HSAC", "Immunovant", or the Company) (NASDAQ: IMVT ) on behalf of investors concerning the Companys possible violations of federal securities laws.
  • On February 2, 2021, the Company issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • On this news, the Companys stock price fell $18.22 per share, or 42.08%, to close at $25.08 per share on February 2, 2021, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation (IMVT) on Behalf of Investors

Retrieved on: 
Tuesday, February 23, 2021

Law Offices of Howard G. Smith announces an investigation on behalf of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation ("HSAC", "Immunovant", or the Company) (NASDAQ: IMVT ) investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation ("HSAC", "Immunovant", or the Company) (NASDAQ: IMVT ) investors concerning the Companys possible violations of federal securities laws.
  • On February 2, 2021, the Company issued a press release announc[ing] a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • On this news, the Companys stock price fell $18.22 per share, or 42.08%, to close at $25.08 per share on February 2, 2021, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Immunovant Announces Voluntary Pause in Clinical Dosing of IMVT-1401

Retrieved on: 
Tuesday, February 2, 2021

NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Immunovant (Nasdaq: IMVT), a clinical-stage biopharmaceutical company focused on enabling normal lives for patients with autoimmune diseases, today announced a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.

Key Points: 
  • NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Immunovant (Nasdaq: IMVT), a clinical-stage biopharmaceutical company focused on enabling normal lives for patients with autoimmune diseases, today announced a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401.
  • Cholesterol levels were not measured in prior clinical trials of IMVT-1401 in Myasthenia Gravis (MG) and in healthy subjects.
  • In this study, cholesterol parameters are assessed at baseline, at twelve weeks, and at week 20 following eight weeks off drug.
  • Immunovant undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Ligand OmniAb® Partner Immunovant Announced Positive Topline Results from Multicenter, Placebo-Controlled Phase 2a Trial of IMVT-1401 in Myasthenia Gravis

Retrieved on: 
Tuesday, August 25, 2020

Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) OmniAb partner Immunovant, Inc. (NASDAQ: IMVT) announced positive topline results from ASCEND MG, a Phase 2a study of OmniAb-derived IMVT-1401 in patients with myasthenia gravis (MG).

Key Points: 
  • Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) OmniAb partner Immunovant, Inc. (NASDAQ: IMVT) announced positive topline results from ASCEND MG, a Phase 2a study of OmniAb-derived IMVT-1401 in patients with myasthenia gravis (MG).
  • We are proud of the ongoing work by Immunovant and the strong results demonstrated by IMVT-1401 in patients who suffer with myasthenia gravis.
  • We have a growing OmniAb partner base with an increasing number of late-stage programs with important upcoming clinical or regulatory events.
  • Immunovant plans to initiate a Phase 3 registration study with IMVT-1401 for the treatment of myasthenia gravis in the first half of 2021.

Immunovant Announces Positive Topline Results from Multi-Center, Placebo-Controlled Phase 2a Trial of IMVT-1401, A Novel Investigational Anti-FcRn Antibody Delivered by Subcutaneous Injection, in Myasthenia Gravis

Retrieved on: 
Tuesday, August 25, 2020

Results from the six-week treatment period included three arms: 340 mg IMVT-1401 weekly (N=5), 680 mg IMVT-1401 weekly (N=5), and placebo (N=5).

Key Points: 
  • Results from the six-week treatment period included three arms: 340 mg IMVT-1401 weekly (N=5), 680 mg IMVT-1401 weekly (N=5), and placebo (N=5).
  • MG-ADL responder rates, defined as the percentage of patients showing a > 2-point improvement, were 60% for IMVT-1401-treated patients vs. 20% for placebo.
  • We are absolutely thrilled with the results of this trial, said Pete Salzmann, M.D., Chief Executive Officer of Immunovant.
  • Importantly, IMVT-1401 was delivered by subcutaneous injection, opening the future possibility of at-home, self-administered treatment rather than infusion center-based treatment.