Proactive - Interviews for investors

Immunic CEO on Q2 progress and Phase 3 MS trial milestones

Episode Summary

Immunic Inc (NASDAQ:IMUX, FRA:10VA) CEO Erik Lundgren spoke with Proactive's Stephen Gunnion about the company's second-quarter results, its leadership transition and the milestones set to shape the next phase of its multiple sclerosis (MS) programme. Lundgren explained why he joined Immunic, pointing to the potential of lead candidate vidofludimus calcium and the chance to lead the business into two pivotal Phase 3 readouts. Both the ENSURE-1 and ENSURE-2 Phase 3 studies in relapsing MS are fully enrolled and on track to report results by year-end, with the company already engaging health authorities ahead of the data and any subsequent regulatory filing. The interview also covered Immunic's strengthened leadership team, including new chairman Michael Bonney, board member Jon Congleton and chief medical officer Dr Michael A. Panzara - part of a push to build deep MS expertise to support the company's long-term strategy. Lundgren flagged another key goal: launching a Phase 3 study in progressive MS before year-end. "The other big milestone we're really focused on is initiating a Progressive MS study by the end of this year," he said, adding that the programme could widen the market opportunity for vidofludimus calcium and address a significant area of unmet need. On financials, Immunic ended Q2 with around $155 million in cash, providing runway into late next year, with further funding potentially available through conversion of pre-funded warrants following positive clinical data. For more interviews with leading healthcare and biotechnology companies, visit the Proactive YouTube channel. Don't forget to like this video, subscribe to the channel and enable notifications so you never miss future content. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #Immunic #MultipleSclerosis #MS #Biotech #Biotechnology #ClinicalTrials #Phase3 #VidofludimusCalcium #Healthcare #DrugDevelopment #Nasdaq #Investing #Biopharma #ProactiveInvestors